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Mirae Asset Midcap Fund

Mirae Asset Midcap Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

27.16

as on 08 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 20,561 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

  • ₹ 28.095

    as on 08 Dec 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 8,852 Cr.

    as on 31 May 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 ₹ 28.095 as on 08 Dec 2023.

This fund has 4 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 10.11% 10.39% 30.79% 37.20% 41.90% 35.06% 26.93% 22.72% 58.78% 37.09% 32.14% 32.65% 21.39%
Category Average 6.77% 5.93% 22.63% 28.03% 17.36% 26.05% 20.71% 19.42% 44.76% 27.95% 23.48% 25.13% 18.03%
Mirae Asset Midcap Fund 7.68%₹ 10,768 4.76%₹ 10,475 25.23%₹ 12,522 26.49%₹ 12,649 42.92%₹ 14,634 15.88%₹ 13,428 26.70%₹ 30,991 27.16%₹ 20,561 22.86%₹ 50,233 - - - -
Kotak Emerging Equity Fund 4.95%₹ 10,494 4.63%₹ 10,462 19.95%₹ 11,994 24.68%₹ 12,468 36.97%₹ 14,284 15.80%₹ 13,409 24.92%₹ 30,504 26.29%₹ 20,141 22.04%₹ 49,666 22.21%₹ 27,295 25.31%₹ 1,12,189 22.72%₹ 77,645 19.56%₹ 3,36,451
SBI Magnum Mid Cap Fund 5.53%₹ 10,552 3.78%₹ 10,378 15.99%₹ 11,598 26.79%₹ 12,678 36.51%₹ 14,257 16.05%₹ 13,466 24.77%₹ 30,465 28.29%₹ 21,113 23.09%₹ 50,389 22.55%₹ 27,670 26.89%₹ 1,16,535 20.46%₹ 64,481 18.23%₹ 3,13,145
Nippon India Growth Fund 9.31%₹ 10,931 9.72%₹ 10,971 30.79%₹ 13,078 37.20%₹ 13,719 58.78%₹ 15,546 22.47%₹ 14,998 36.37%₹ 33,680 31.43%₹ 22,701 29.95%₹ 55,303 24.40%₹ 29,833 29.65%₹ 1,24,407 20.57%₹ 65,058 20.41%₹ 3,52,123
PGIM India Midcap Opportunities Fund 5.58%₹ 10,558 3.83%₹ 10,382 14.58%₹ 11,457 13.70%₹ 11,369 26.73%₹ 13,672 9.43%₹ 11,974 16.57%₹ 28,262 25.35%₹ 19,695 16.97%₹ 46,257 24.78%₹ 30,292 26.46%₹ 1,15,319 17.85%₹ 51,748 18.48%₹ 3,17,303
Motilal Oswal Midcap 30 Fund 7.85%₹ 10,784 7.41%₹ 10,741 22.82%₹ 12,282 31.71%₹ 13,171 50.34%₹ 15,064 24.23%₹ 15,431 34.30%₹ 33,096 35.06%₹ 24,637 32.14%₹ 56,934 24.58%₹ 30,039 30.43%₹ 1,26,734 - -

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Midcap Fund as on 10 Dec 2023 are listed below:

  • Equity Holdings:

    96.68%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    3.35%

Top Sector Holdings of Mirae Asset Midcap Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 9.61% ₹ 936.31 Cr.
Pharmaceuticals 7.95% ₹ 775.00 Cr.
Logistics solution provider 3.72% ₹ 362.26 Cr.
Industrial electronics 3.59% ₹ 350.52 Cr.
Cement 3.44% ₹ 334.88 Cr.
Others 71.69% -

Top Stock Holdings of Mirae Asset Midcap Fund

Name of StocksHolding PercentageHolding Values in Crore
Federal Bank Ltd. 3.69% ₹ 359.47 Cr.
Bharat Forge Ltd. 3.41% ₹ 332.17 Cr.
Shriram Finance Ltd. 3.08% ₹ 300.14 Cr.
Axis Bank Ltd. 2.92% ₹ 284.52 Cr.
SKF India Ltd. 2.62% ₹ 255.10 Cr.
Others 84.28% -

Other Holdings

Holding TypeHolding Percentage
TREPS 2.99%
Net Receivables 0.36%