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Mirae Asset Midcap Fund

Mirae Asset Midcap Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

25.66

as on 01 Dec 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,878 today.

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NAV Performance

Mirae Asset Midcap Fund performance graph for last 3 years
Performance of Mirae Asset Midcap Fund for last 3 Years

Fund Information

  • ₹ 22.174

    as on 01 Dec 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 6,748 Cr.

    as on 31 Dec 2021
  • 1.85%

  • 29 Jul 2019

  • Equity - Mid Cap Fund

  • Nifty 50

  • Mirae Mutual Fund

    Show All Funds
  • Mirae Asset Midcap Fund - Regular Plan - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.

Highlights of this fund

Mirae Asset Midcap Fund is an Open-ended Equity Fund. The fund belongs to Mid Cap Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 29 Jul 2019. This fund is offered by one of the top AMC (Assets Management Company) Mirae Mutual Fund. You can also view here all other Equity funds offered by Mirae Mutual Fund.

Latest NAV of the fund is ₹ 22.174 as on 01 Dec 2022.

This fund has 3 years of track record. Since 31 Oct 2021 expense ratio of this fund is 1.85%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of midcap companies.

List of Fund Managers of Mirae Asset Midcap Fund

  • About Ankit Jain

    Picture of Ankit JainMr. Jain's professional experience comprises more than 7 years and his primary responsibility includes Investment Analysis & Fund Management. He has been associated with the AMC as a Research Analyst since September 7, 2015. He was previously associated with Equirus Securities Pvt Ltd. And Infosys Ltd.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 4.59% 7.38% 18.86% 26.13% 41.90% 36.48% 20.39% 19.40% 27.13% 30.02% 38.95% 29.01% 19.64%
Category Average 0.96% 1.93% 12.69% 8.28% 26.89% 23.42% 12.55% 17.02% 14.51% 16.78% 25.85% 19.61% 17.03%
Mirae Asset Midcap Fund 1.77%₹ 10,176 2.02%₹ 10,202 13.34%₹ 11,333 8.08%₹ 10,808 14.24%₹ 12,906 28.99%₹ 16,638 17.36%₹ 28,471 25.66%₹ 19,878 28.44%₹ 54,189 - - - -
Kotak Emerging Equity Fund 1.50%₹ 10,150 1.49%₹ 10,148 13.15%₹ 11,315 9.42%₹ 10,941 15.62%₹ 12,991 27.98%₹ 16,378 18.28%₹ 28,714 24.76%₹ 19,455 27.93%₹ 53,818 14.19%₹ 19,423 21.70%₹ 1,02,861 19.40%₹ 58,961 19.64%₹ 3,37,860
PGIM India Midcap Opportunities Fund 1.15%₹ 10,115 0.71%₹ 10,070 12.90%₹ 11,290 7.79%₹ 10,778 13.42%₹ 12,854 33.41%₹ 17,798 19.79%₹ 29,118 36.48%₹ 25,485 34.38%₹ 58,633 18.10%₹ 22,984 27.52%₹ 1,18,303 - -
Edelweiss Mid Cap Fund 0.74%₹ 10,074 1.83%₹ 10,183 14.91%₹ 11,490 9.05%₹ 10,905 16.44%₹ 13,042 28.63%₹ 16,544 18.43%₹ 28,753 26.20%₹ 20,135 28.59%₹ 54,297 13.65%₹ 18,963 21.63%₹ 1,02,698 - -
Axis Mid Cap Fund -0.20%₹ 9,979 -0.32%₹ 9,968 9.55%₹ 10,954 -0.14%₹ 9,985 6.44%₹ 12,414 20.02%₹ 14,405 10.78%₹ 26,744 20.16%₹ 17,374 19.77%₹ 48,112 15.83%₹ 20,859 18.47%₹ 95,096 18.04%₹ 52,601 17.79%₹ 3,05,786
Nippon India Growth Fund 1.88%₹ 10,187 3.78%₹ 10,377 15.09%₹ 11,508 11.22%₹ 11,122 18.56%₹ 13,173 29.90%₹ 16,874 20.32%₹ 29,259 25.21%₹ 19,664 29.16%₹ 54,710 14.36%₹ 19,565 22.05%₹ 1,03,745 16.26%₹ 45,165 17.71%₹ 3,04,413

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Midcap Fund as on 02 Dec 2022 are listed below:

  • Equity Holdings:

    99.34%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    0.62%

Top Sector Holdings of Mirae Asset Midcap Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 9.54% ₹ 671.06 Cr.
Pharmaceuticals 8.96% ₹ 630.45 Cr.
Computers - Software 6.17% ₹ 494.41 Cr.
NBFC 5.45% ₹ 383.03 Cr.
Cement 4.19% ₹ 294.79 Cr.
Others 65.69% -

Top Stock Holdings of Mirae Asset Midcap Fund

Name of StocksHolding PercentageHolding Values in Crore
Axis Bank Ltd. 3.49% ₹ 245.27 Cr.
Federal Bank Ltd. 3.30% ₹ 232.40 Cr.
Jindal Steel & Power Ltd. 3.11% ₹ 218.81 Cr.
Bharat Forge Ltd. 3.08% ₹ 216.92 Cr.
Voltas Limited 2.86% ₹ 201.33 Cr.
Others 84.16% -

Other Holdings

Holding TypeHolding Percentage
TREPS 0.64%
Net Receivables -0.02%