Mirae Asset Multicap Fund Direct Growth

Equity
Multi Cap
Very High Risk
1M
6M
1Y
All
NAV: 14 Jan 2025₹13.28
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 returns-6.8%-3.1%13.0%34.4%
Category averageNANA14.5%NA
Rank with in category151721NA
Understand terms

Peer Comparison

Equity, Multi Cap fundsRating1Y3YFund Size(Cr)
4
18.8%22.8%15,420.68
5
17.7%22.3%39,621.82
4
13.8%20.3%17,941.18
4
15.7%17.6%14,690.79
4
21.8%16.3%2,810.73

Holdings (84)

NameSectorInstrumentAssets
FinancialEquity4.39%
FinancialEquity4.04%
FinancialEquity2.83%
ConstructionEquity2.17%
FinancialEquity1.91%
TechnologyEquity1.89%
AutomobileEquity1.88%
TechnologyEquity1.85%
EnergyEquity1.85%
HealthcareEquity1.72%
ServicesEquity1.65%
ServicesEquity1.62%
Consumer DiscretionaryEquity1.58%
CommunicationEquity1.58%
HealthcareEquity1.54%
EnergyEquity1.48%
FinancialEquity1.44%
FinancialEquity1.43%
Metals & MiningEquity1.42%
Consumer StaplesEquity1.41%
AutomobileEquity1.34%
ServicesEquity1.32%
TechnologyEquity1.28%
Metals & MiningEquity1.25%
HealthcareEquity1.25%
FinancialEquity1.24%
AutomobileEquity1.24%
TechnologyEquity1.22%
Capital GoodsEquity1.22%
HealthcareEquity1.20%
ServicesEquity1.17%
InsuranceEquity1.16%
HealthcareEquity1.15%
TextilesEquity1.13%
FinancialEquity1.12%
TechnologyEquity1.10%
Consumer StaplesEquity1.08%
HealthcareEquity1.04%
InsuranceEquity1.04%
ServicesEquity1.03%
ChemicalsEquity1.02%
ServicesEquity1.02%
ConstructionEquity1.01%
ConstructionEquity1.00%
Consumer StaplesEquity1.00%
EnergyEquity0.99%
EnergyEquity0.99%
ServicesEquity0.99%
CommunicationEquity0.99%
DiversifiedEquity0.97%
HealthcareEquity0.97%
Capital GoodsEquity0.93%
AutomobileEquity0.92%
Metals & MiningEquity0.92%
Capital GoodsEquity0.92%
FinancialEquity0.92%
FinancialEquity0.91%
AutomobileEquity0.91%
Consumer DiscretionaryEquity0.90%
ServicesEquity0.89%
Consumer StaplesEquity0.89%
HealthcareEquity0.88%
ConstructionEquity0.85%
ServicesEquity0.85%
Metals & MiningEquity0.84%
Consumer StaplesEquity0.82%
ConstructionEquity0.81%
TechnologyEquity0.77%
FinancialEquity0.77%
AutomobileEquity0.73%
FinancialEquity0.72%
FinancialEquity0.72%
Consumer StaplesEquity0.72%
HealthcareEquity0.70%
EnergyEquity0.67%
Consumer DiscretionaryEquity0.67%
EnergyEquity0.63%
AutomobileEquity0.60%
ServicesEquity0.56%
Capital GoodsEquity0.54%
TechnologyEquity0.47%
HealthcareEquity0.45%
TextilesEquity0.42%
ChemicalsEquity0.27%
See All

Pros and cons

Category: Equity Multi Cap

Pros

Lower expense ratio: 0.49%

Cons

1Y annualised returns lower than category average by 3.86%

Expense ratio, exit load and tax

Expense ratio: 0.49%

Inclusive of GST

Exit load

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

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

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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