Fund Performance
NAV Performance
Fund Information
-
₹ 21.595
as on 14 Oct 2021 -
Regular - Growth
-
-
-
₹ 5,000
-
₹ 5,412 Cr.
as on 14 Oct 2021 -
1.9%
since 31 May 2021 -
29 Jul 2019
-
Nifty Midcap 100 TRI
-
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 ₹ 21.595 as on 14 Oct 2021.
This fund has 2 years of track record. Since 31 May 2021 expense ratio of this fund is 1.9%. Ideally you shoulds compare this fund with the benchmark Nifty Midcap 100 TRI.
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
Mr. 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 Moderately 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 | 8.99% | 21.63% | 46.40% | 96.13% | 62.52% | 37.79% | 21.78% | 22.12% | 90.20% | 80.53% | 57.24% | 33.31% | 23.05% |
| Category Average | 6.06% | 15.04% | 35.53% | 79.43% | 40.79% | 26.58% | 16.90% | 19.12% | 72.53% | 58.81% | 40.82% | 24.66% | 20.38% |
| Mirae Asset Midcap Fund | 4.58%₹ 10,457 | 13.71%₹ 11,371 | 34.52%₹ 13,452 | 88.18%₹ 18,817 | 72.92%₹ 16,325 | 44.74%₹ 20,972 | 63.46%₹ 41,653 | - | - | - | - | - | - |
| DSP Midcap Fund | 3.89%₹ 10,388 | 10.95%₹ 11,094 | 27.77%₹ 12,776 | 58.01%₹ 15,800 | 52.96%₹ 15,205 | 35.11%₹ 18,270 | 46.67%₹ 36,633 | 25.80%₹ 19,947 | 34.97%₹ 59,106 | 16.48%₹ 21,453 | 22.32%₹ 1,04,431 | 19.20%₹ 57,971 | 20.72%₹ 3,58,099 |
| Axis Mid Cap Fund | 5.60%₹ 10,559 | 17.91%₹ 11,791 | 36.64%₹ 13,664 | 71.99%₹ 17,199 | 70.34%₹ 16,183 | 39.00%₹ 19,339 | 55.11%₹ 39,125 | 30.16%₹ 22,101 | 41.38%₹ 64,198 | 21.78%₹ 26,793 | 28.79%₹ 1,21,912 | 22.12%₹ 73,864 | 23.05%₹ 4,06,271 |
| Invesco India Midcap Fund | 6.89%₹ 10,688 | 13.44%₹ 11,343 | 35.09%₹ 13,508 | 70.87%₹ 17,086 | 66.81%₹ 15,986 | 39.20%₹ 19,393 | 54.35%₹ 38,897 | 26.13%₹ 20,103 | 39.05%₹ 62,318 | 18.39%₹ 23,266 | 25.18%₹ 1,11,866 | 20.54%₹ 64,878 | 21.59%₹ 3,75,435 |
| Kotak Emerging Equity Fund | 4.54%₹ 10,453 | 12.60%₹ 11,260 | 30.22%₹ 13,022 | 81.29%₹ 18,128 | 68.69%₹ 16,091 | 41.33%₹ 19,993 | 58.64%₹ 40,186 | 28.90%₹ 21,459 | 41.72%₹ 64,479 | 18.28%₹ 23,165 | 25.76%₹ 1,13,429 | 21.47%₹ 70,054 | 22.75%₹ 3,99,667 |
| PGIM India Midcap Opportunities Fund | 5.14%₹ 10,513 | 19.34%₹ 11,933 | 43.29%₹ 14,328 | 96.13%₹ 19,613 | 90.20%₹ 17,265 | 62.52%₹ 26,449 | 80.53%₹ 47,006 | 37.79%₹ 26,231 | 57.24%₹ 78,027 | 20.81%₹ 25,747 | 33.31%₹ 1,35,622 | - | - |
Portfolio Holdings
Top Sector Holdings of Mirae Asset Midcap Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 13.29% | ₹ 719.34 Cr. |
| Pharmaceuticals | 8.88% | ₹ 480.94 Cr. |
| Computers - Software | 4.98% | ₹ 301.45 Cr. |
| NBFC | 5.56% | ₹ 300.93 Cr. |
| Chemicals - Speciality | 4.56% | ₹ 246.61 Cr. |
| Others | 62.73% | - |
Top Stock Holdings of Mirae Asset Midcap Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| SRF Ltd. | 4.17% | ₹ 225.55 Cr. |
| Federal Bank Ltd. | 3.86% | ₹ 209.04 Cr. |
| Bharat Electronics Ltd. | 3.65% | ₹ 197.58 Cr. |
| Jindal Steel & Power Ltd. | 3.56% | ₹ 192.76 Cr. |
| Axis Bank Ltd. | 3.52% | ₹ 190.41 Cr. |
| Others | 81.24% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 1.19% |
| Net Receivables | -0.22% |