| Launch date | 10 Jan 2025 |
| Allotment date | 31 Jan 2025 |
| End date | 24 Jan 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
NA
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹5,000 |
| Min. for SIP | ₹99 |
Fund management
Siddharth SrivastavaJan 2025 - PresentView details
Varun GoelJan 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #13 in India |
|---|---|
| Total AUM | ₹1,81,758.25Cr |
| Date of Incorporation | 30 Nov 2007 |
|---|
Mirae Asset Small Cap Fund Direct Growth is a NA Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Siddharth Srivastava is the Current Fund Manager of Mirae Asset Small Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,81,758 Cr and the Latest NAV as of 10 Jan 2025 is ₹10.00. The Mirae Asset Small Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days. ;
Investment Objective
The scheme seeks to generate capital appreciation by investing predominantly in small cap stocks. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. ;
| Fund benchmark | NIFTY Smallcap 250 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| null, null funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Small Cap Fund Direct Growth | 5 | 19.0% | 23.5% | 61,973.76 |
Franklin India Smaller Companies Direct Fund Growth | 3 | 14.3% | 22.2% | 14,068.69 |
Franklin India Prima Direct Fund Growth | 2 | 24.6% | 20.7% | 12,570.21 |
HDFC Small Cap Fund Direct Growth | 2 | 12.9% | 20.6% | 33,893.14 |
Franklin India Technology Fund Direct Growth | NA | 22.1% | 16.5% | 1,988.74 |