Mirae Asset Midcap Fund Direct Growth

Equity
Mid Cap
Moderately High Risk
24.44%
3Y annualised
+0.39% 1D
1M
6M
1Y
3Y
All
NAV: 13 May 2024₹33.53
Min. SIP amount₹500
Rating3
Fund size₹15,139.44Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Mid Cap
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA47.5%24.4%28.7%
Category averageNA49.4%24.2%NA
Rank with in categoryNA2819NA
Understand terms

Holdings (73)

NameSectorInstrumentAssets
FinancialEquity3.55%
ConstructionEquity2.81%
ServicesEquity2.65%
CommunicationEquity2.59%
FinancialEquity2.55%
FinancialEquity2.54%
HealthcareEquity2.40%
EnergyEquity2.34%
FinancialEquity2.29%
HealthcareEquity2.29%
See All

Pros and cons

Category: Equity Mid Cap

Pros

Cons

Lower expense ratio: 0.57%
1Y annualised returns lower than category average by 1.83%
3Y annualised returns higher than category average by 0.28%

Expense ratio, exit load and tax

Expense ratio: 0.57%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Ankit Jain
Jul 2019 - Present
View details

Education
Mr. Jain is a B.Tech (ICT) and MBA (Finance).
Experience
Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirus Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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