Mirae Asset Midcap Fund

Mirae Asset Midcap Fund

Equity: Mid Cap | Growth

5Y CAGR

+16.12%

Fund Size

₹20,267.63 Cr

Min. Investment

₹99

Score

45%

QUICK FUND SUMMARY

Mirae Asset Midcap Fund Growth is an equity mutual fund managing assets worth ₹20,267.63 Cr. The current NAV is ₹41.11 as of Aug 27. It has delivered a 5-year CAGR of 16.12%. Investors can start with a minimum SIP amount of ₹99. The fund primarily holds Lupin Ltd., L&T Finance Ltd., Delhivery Ltd., Mphasis Ltd. and Tata Communications Ltd..

Make informed investment decisions using insights from CRISP (Consistency, Risk and Investment Style of the Portfolio) Rating.
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Mirae Asset Midcap Fund Details

Fund Size

₹20,267.63 Cr

Type

Equity: Mid Cap

Minimum Investment

₹99

NAV (Aug 27)

₹41.11

Plan Type

Regular

Launch Date

29 Jul 2019

Lock in Period

0 days

Plan Option

Growth

Expense Ratio

2.03%

Withdrawal Charge

Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 years.

Mirae Asset Midcap Fund Holdings

Get an overview of this fund's exposure across asset classes, market cap segments, securities, credit ratings, etc.

No Data

Mirae Asset Midcap Fund Peer Comparison

Comparison of funds that belong to the same category, based on historical returns

Funds1Y Returns3Y CAGR5Y CAGR
Mirae Asset Midcap Fund
Mirae Asset Midcap Fund
+14.38%+17.19%+16.12%
HDFC Mid Cap Fund
HDFC Mid Cap Fund
+11.23%+18.82%+20.16%
Motilal Oswal Midcap Fund
Motilal Oswal Midcap Fund
+2.95%+20.80%+22.60%
Nippon India Growth Mid Cap Fund
Nippon India Growth Mid Cap Fund
+11.35%+20.10%+19.14%

Returns Calculator

Monthly Investment

Time Period

Returns That Could Have Been Yours

3 years ago, had you invested:

₹3,600

You could have made a profit of:

₹1,041

Your Total Value could have reached:

₹4,641

Mirae Asset Midcap Fund Risk Indicator

The risk of the scheme is very high

As per SEBI guidelines, we've provided a riskometer to help you gauge the potential risk level of a mutual fund, ensuring that your investments align with your financial goals and risk tolerance

FAQs on Mirae Asset Midcap Fund

Mirae Asset Midcap Fund is a Growth Equity mutual fund managed by Mirae Asset Mutual Fund. It follows a High Value investment strategy. The fund is rated 45/100 on the CRISP scale.

The current NAV of Mirae Asset Midcap Fund is ₹41.11 as of Aug 27.

You can invest in Mirae Asset Midcap Fund directly on share.market by searching for the fund, selecting your preferred mode (SIP or Lumpsum), and completing your KYC-verified investment in a few steps.

The minimum SIP amount for Mirae Asset Midcap Fund is ₹99.

The expense ratio of Mirae Asset Midcap Fund is 2.03%.

Mirae Asset Midcap Fund has an exit load as follows: exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 years.

Mirae Asset Midcap Fund has a CRISP Score of 45/100, indicating Medium consistency, relative risk within the acceptable range, investment style High on Value factor. CRISP stands for Consistency, Risk, and Investment Style of the Portfolio, helping evaluate fund performance quality and risk profile.

Short-term capital gains (STCG) on Mirae Asset Midcap Fund are taxed at a flat rate of 20% (plus applicable surcharge and 4% health & education cess) if you redeem your units within 12 months of purchase. If you hold your units for more than 12 months, the gains are classified as Long-Term Capital Gains (LTCG) and taxed at 12.5% without indexation benefits, but only on the component of total equity capital gains that exceeds ₹1.25 Lakh in a single financial year. Gains up to ₹1.25 Lakh are tax-exempt. The information set out above is included for general information purposes only and does not constitute legal, financial or tax advice. Tax laws are complex and subject to frequent amendments by the Government of India. In view of the individual nature of the tax consequences, each investor is advised to consult his or her own tax consultant with respect to specific tax implications arising out of their participation in the mutual fund scheme.

Disclaimer: Past performance is not an indicator of future returns.

Mutual Fund investments are subject to market risks, read all scheme related documents and carefully for more information.