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Mirae Asset Midcap Fund

Mirae Asset Midcap Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

33.20

as on 07 Jun 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 23,668 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

  • ₹ 22.561

    as on 07 Jun 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 8,852 Cr.

    as on 31 Mar 2023
  • 1.76%

  • 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 ₹ 22.561 as on 07 Jun 2023.

This fund has 3 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.76%. 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 9.86% 12.05% 10.54% 33.92% 41.90% 39.32% 19.62% 20.80% 28.80% 23.56% 30.21% 25.35% 18.67%
Category Average 6.36% 8.35% 4.66% 21.31% 14.18% 30.55% 14.14% 17.98% 18.49% 11.84% 19.32% 19.47% 16.20%
Mirae Asset Midcap Fund 6.53%₹ 10,653 7.44%₹ 10,743 2.03%₹ 10,203 17.80%₹ 11,779 13.20%₹ 12,838 11.41%₹ 12,411 9.11%₹ 26,310 33.20%₹ 23,668 18.69%₹ 47,381 - - - -
Kotak Emerging Equity Fund 6.03%₹ 10,602 6.95%₹ 10,695 5.11%₹ 10,510 21.45%₹ 12,145 17.30%₹ 13,091 13.79%₹ 12,948 12.42%₹ 27,165 33.11%₹ 23,623 20.68%₹ 48,721 15.69%₹ 20,736 21.18%₹ 1,01,540 20.80%₹ 66,230 18.67%₹ 3,20,496
SBI Magnum Mid Cap Fund 7.85%₹ 10,784 11.54%₹ 11,154 10.54%₹ 11,054 25.78%₹ 12,577 25.01%₹ 13,562 18.55%₹ 14,053 17.26%₹ 28,437 38.31%₹ 26,506 25.44%₹ 52,021 16.87%₹ 21,813 24.17%₹ 1,09,150 20.11%₹ 62,566 17.79%₹ 3,05,596
Nippon India Growth Fund 7.61%₹ 10,761 10.65%₹ 11,064 6.10%₹ 10,609 23.91%₹ 12,390 22.60%₹ 13,416 16.53%₹ 13,579 15.14%₹ 27,879 34.43%₹ 24,330 22.78%₹ 50,158 16.51%₹ 21,477 22.07%₹ 1,03,750 18.16%₹ 53,113 17.37%₹ 2,98,758
PGIM India Midcap Opportunities Fund 6.09%₹ 10,608 6.26%₹ 10,626 0.95%₹ 10,095 15.98%₹ 11,598 10.80%₹ 12,688 13.14%₹ 12,801 8.10%₹ 26,050 37.21%₹ 25,878 20.18%₹ 48,381 18.35%₹ 23,231 24.75%₹ 1,10,683 - -
Motilal Oswal Midcap 30 Fund 9.86%₹ 10,985 12.05%₹ 11,205 7.79%₹ 10,778 33.92%₹ 13,392 28.80%₹ 13,790 27.17%₹ 16,171 23.56%₹ 30,125 39.32%₹ 27,089 30.21%₹ 55,468 17.56%₹ 22,461 25.19%₹ 1,11,848 - -

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Midcap Fund as on 08 Jun 2023 are listed below:

  • Equity Holdings:

    97.54%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    2.45%

Top Sector Holdings of Mirae Asset Midcap Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 10.17% ₹ 899.12 Cr.
Pharmaceuticals 7.46% ₹ 660.32 Cr.
Castings/Forgings 3.65% ₹ 323.42 Cr.
Industrial electronics 3.62% ₹ 320.53 Cr.
Cement 3.54% ₹ 313.91 Cr.
Others 71.56% -

Top Stock Holdings of Mirae Asset Midcap Fund

Name of StocksHolding PercentageHolding Values in Crore
Federal Bank Ltd. 4.38% ₹ 387.64 Cr.
Bharat Forge Ltd. 3.65% ₹ 323.42 Cr.
Shriram Finance Ltd. 3.45% ₹ 305.79 Cr.
Axis Bank Ltd. 3.18% ₹ 281.16 Cr.
National Thermal Power Corporation Ltd. 2.97% ₹ 262.65 Cr.
Others 82.37% -

Other Holdings

Holding TypeHolding Percentage
TREPS 2.74%
Net Receivables -0.29%