Mirae Asset Multicap Fund Direct Growth

Equity
Multi Cap
Very High Risk
1M
6M
1Y
All
NAV: 11 Dec 2024₹14.53
Min. SIP amount₹99
RatingNA
Fund size₹3,473.13Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Multi Cap
Absolute returns
3M6M1YAll
Fund returns1.1%13.1%29.9%44.7%
Category averageNANA32.2%NA
Rank with in category131419NA
Understand terms

Peer Comparison

Equity, Multi Cap fundsRating1Y3YFund Size(Cr)
4
38.8%27.9%15,420.68
5
34.8%27.4%39,621.82
4
32.1%22.2%14,690.79
3
39.9%21.8%3,961.65
4
41.1%21.8%2,810.73

Holdings (84)

NameSectorInstrumentAssets
FinancialEquity4.43%
FinancialEquity3.85%
FinancialEquity3.01%
ConstructionEquity2.85%
FinancialEquity1.98%
ServicesEquity1.80%
Metals & MiningEquity1.80%
TechnologyEquity1.77%
Consumer DiscretionaryEquity1.76%
ServicesEquity1.72%
FinancialEquity1.69%
FinancialEquity1.68%
AutomobileEquity1.68%
AutomobileEquity1.67%
CommunicationEquity1.65%
HealthcareEquity1.64%
EnergyEquity1.59%
TechnologyEquity1.59%
Metals & MiningEquity1.53%
Consumer StaplesEquity1.46%
EnergyEquity1.42%
EnergyEquity1.41%
HealthcareEquity1.41%
ServicesEquity1.38%
HealthcareEquity1.38%
AutomobileEquity1.38%
Capital GoodsEquity1.35%
TechnologyEquity1.27%
TechnologyEquity1.26%
TechnologyEquity1.26%
InsuranceEquity1.24%
TechnologyEquity1.23%
FinancialEquity1.22%
ServicesEquity1.21%
InsuranceEquity1.21%
Capital GoodsEquity1.17%
Metals & MiningEquity1.12%
EnergyEquity1.06%
TextilesEquity1.06%
Consumer StaplesEquity1.05%
Capital GoodsEquity1.02%
HealthcareEquity1.02%
ServicesEquity1.02%
CommunicationEquity1.01%
ServicesEquity0.98%
Consumer DiscretionaryEquity0.98%
FinancialEquity0.97%
Consumer DiscretionaryEquity0.97%
ChemicalsEquity0.96%
HealthcareEquity0.96%
Consumer StaplesEquity0.94%
DiversifiedEquity0.94%
EnergyEquity0.93%
ServicesEquity0.92%
AutomobileEquity0.90%
TextilesEquity0.89%
Metals & MiningEquity0.89%
HealthcareEquity0.86%
FinancialEquity0.85%
ConstructionEquity0.84%
ConstructionEquity0.81%
Capital GoodsEquity0.80%
FinancialEquity0.79%
ConstructionEquity0.76%
HealthcareEquity0.76%
FinancialEquity0.75%
FinancialEquity0.75%
Consumer StaplesEquity0.73%
TechnologyEquity0.73%
AutomobileEquity0.71%
Consumer StaplesEquity0.68%
HealthcareEquity0.66%
FinancialEquity0.65%
AutomobileEquity0.63%
Capital GoodsEquity0.58%
ServicesEquity0.58%
Capital GoodsEquity0.53%
ConstructionEquity0.51%
ServicesEquity0.40%
Capital GoodsEquity0.33%
TextilesEquity0.31%
ChemicalsEquity0.30%
EnergyEquity0.24%
Consumer StaplesEquity0.23%
See All

Pros and cons

Category: Equity Multi Cap

Pros

Lower expense ratio: 0.43%

Cons

1Y annualised returns lower than category average by 2.69%

Expense ratio, exit load and tax

Expense ratio: 0.43%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 365 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹99

Fund management

Ankit Jain
Jul 2023 - Present
View details

Education
Mr. Jain is a B.Tech (ICT) and MBA (Finance).
Experience
Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirus Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
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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