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Mirae Asset Midcap Fund Regular Growth+0.27%

84.90%
1 Year Return
Equity
Mid Cap
6M
1Y
All

Fund Details

Mirae Asset Midcap Fund Regular Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio1.83%
NAV₹18.10 (21 Jun 2021)
Fund Started28 Jul 2019
Fund Size5,002 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
84.9%
-
-
36.8%
Category Average
67.4%
8.2%
13.7%
-
Rank Within Category
3
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Would have become
0
with 84.9% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 1.83%
2. 1Y Returns are higher than the category average returns
Cons
1. Age is less than 5 years
2. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount

Top Holdings

NameSectorInstrument% Assets
SRF Ltd.DiversifiedEquity4.6%
Federal Bank Ltd.FinancialEquity4.0%
Axis Bank Ltd.FinancialEquity3.8%
State Bank of IndiaFinancialEquity3.7%
Jindal Steel & Power Ltd.MetalsEquity3.7%
Mphasis Ltd.TechnologyEquity3.1%
Bharat Electronics Ltd.EngineeringEquity3.1%
Natco Pharma Ltd.HealthcareEquity2.9%
Max Financial Services Ltd.FinancialEquity2.8%
JK Cement LtdConstructionEquity2.8%
See All

Fund Managers

Ankit Jain
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Mirae Asset Midcap Fund Regular Growth Details

Mirae Asset Midcap Fund Regular Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 28 Jul 2019. Ankit Jain is the Current Fund Manager of Mirae Asset Midcap Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,002 Cr and the Latest NAV as of 21 Jun 2021 is ₹18.10.

The Mirae Asset Midcap Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.

Investment Objective

The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of midcap companies. From time to time, the fund manager may also participate in other Indian equities and equity related securities for optimal portfolio construction.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year.
Exit Load

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About Mirae Asset Mutual Fund

Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Phone
022-67800300
Launch Date
30 Nov 2007
Website
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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