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  • Mirae Asset Mutual Fund
  • Mirae Asset Midcap Fund (Growth)
Mirae Asset Mutual Fund

Mirae Asset Midcap Fund (Growth)

EquityMid Cap
Top Ranked

34.539

NAV (Jun 24)

NA
Scripbox Opinion
Top Ranked
These are the top-ranked funds within mid cap mutual funds.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Outperformance Consistency

Good

The performance of the fund on a Outperformance Consistency metric has been Good

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

34.539

NAV (Jun 24)

Fund Returns

Last 1Y
50.3%
Last 3Y
23.7%
Last 5Y
NA
Last 10Y
NA
Since Inception
28.7%
6 Month CAGR
20.5%

Scheme Information

Investment 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. From time to time,the fund manager may also participate in other Indian equities and equity related securities for optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized.

Expense Ratio
1.68
Launched (5y ago)
Jul 29, 2019
AUM in Crores
15353.869
ISIN
INF769K01EY2
Lock-in
No Lock-in
Benchmark
Nifty Midcap 150 TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
13.7
Standard Deviation (5yr)
0
Beta (3yr)
0.89
Beta (5yr)
0
Sharpe Ratio (3yr)
1.133
Sharpe Ratio (5yr)
0
YTM
0
Fund Managers

Ankit Jain

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Midcap Fund (Growth)70%13,62,153 6,29,54124.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-24

Top Stock Holdings

bharat forge ltd

3.2%
3.2%

prestige estates projects ltd

3.1%
3.1%

indian bank

3%
3%

treps

2.7%
2.7%

hdfc asset management co ltd

2.5%
2.5%
See all holdings

Allocation by Sector

financial services

20.8%
20.8%

consumer cyclical

20.2%
20.2%

industrials

14.8%
14.8%

healthcare

13.8%
13.8%

basic materials

10.8%
10.8%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 19,454 cr

₹ 15,161 cr

₹ 22,620 cr

₹ 55,459 cr

₹ 42,669 cr

amc-img

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 166,402 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 35 equity,48 debt and 9 hybrid funds.amc-img
phone-img022-67800300
Fund NameScripbox Opinion
Till Date CAGR

17.7%

19.5%

16.9%

19%

24.1%

28.8%

10.5%

11.8%

14.3%

21.4%

Mirae Asset Midcap Fund (G) Review

Mirae Asset Midcap Fund (G) is a Mid Cap Equity fund and has delivered an annualised return of 28.8% over a period of 4 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Ankit Jain.

Nav of Mirae Asset Midcap Fund (G) as of 6/24/2024 is ₹34.54 with the total AUM as of 6/25/2024 is ₹15353.869. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Midcap Fund (G) was launched on Jul 29, 2019. The category risk of the fund is Very High Risk.

The minimum SIP amount for Mirae Asset Midcap Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Mirae Asset Midcap Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Midcap 150 TR INR.

Mirae Asset Midcap Fund (G) is rated as a 4 fund in Equity and delivered 48.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Midcap Fund (G).

Frequently Asked Questions

What is Mirae Asset Midcap Fund (G)?

Mirae Asset Midcap Fund (G) is a Mid Cap Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Mirae Asset Midcap Fund (G)?

You can invest in Mirae Asset Midcap Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Mirae Asset Midcap Fund (G)?

The minimum sip amount for Mirae Asset Midcap Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Mirae Asset Midcap Fund (G) good to invest in?

As per Scripbox experts, Mirae Asset Midcap Fund (G) is a Top Ranked fund. You can investMirae Asset Midcap Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Mirae Asset Midcap Fund (G)?

The expense ratio of the Mirae Asset Midcap Fund (G) is 1.68% for regular plan.