MyWealthGrowth.com logo
HomeMutual Funds

Mirae Asset Midcap Fund

Mirae Asset Midcap Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3 Years

Invest Now

NAV Performance

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

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

  • Equity - Mid Cap Fund

  • 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

    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 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

Portfolio holdings pattern of Mirae Asset Midcap Fund as on 18 Oct 2021 are listed below:

  • Equity Holdings:

    99.02%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    0.97%

Top Sector Holdings of Mirae Asset Midcap Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding Percentage
TREPS 1.19%
Net Receivables -0.22%