Mirae Asset Midcap Fund - Direct (G)
Mid Cap FundNAV
36.17(1.34%)Fund Size (CR)
₹15,414.99Expense Ratio
0.69Scheme Type
Active FundValue Research
Min. investment
₹5,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹99Minimum Withdrawal
₹0Exit Load
1%Return Since Launch
24.55%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Ankit Jain
Bench Mark
Nifty Midcap 150 TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 6 May 2025 | 10308.17 | 3.08% | - | 3.37% | 87/123 |
| 1 Month | 11 April 2025 | 10871.79 | 8.72% | - | 8.79% | 61/123 |
| 3 Month | 13 February 2025 | 10767.82 | 7.68% | - | 7.34% | 39/119 |
| 6 Month | 13 November 2024 | 9907.56 | -0.92% | - | -0.56% | 68/119 |
| 1 Year | 13 May 2024 | 10643.23 | 6.43% | 6.43% | 11.40% | 104/119 |
| 3 Year | 13 May 2022 | 18339.76 | 83.40% | 22.38% | 24.94% | 70/103 |
| 5 Year | 13 May 2020 | 39922.82 | 299.23% | 31.88% | 30.73% | 38/99 |
| Since Inception | 29 July 2019 | 35691.00 | 256.91% | 24.55% | 19.40% | 12/123 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 3 June 2024 | 1,20,000 | 119248.09 | -0.63% | -0.63% |
| 3 Year | 1 June 2022 | 3,60,000 | 467613.85 | 29.89% | 9.11% |
| 5 Year | 1 June 2020 | 6,00,000 | 1016794.92 | 69.47% | 11.13% |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
4.93%
Standard Deviation
0.97%
Beta
0.69%
Sharpe Ratio
0.00%
Treynor's Ratio
-2.97%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Lupin | 3.42% | 2516121 | 527.28 | Equity | Pharmaceuticals |
| Mphasis | 2.77% | 1728045 | 426.65 | Equity | IT - Software |
| Federal Bank | 2.72% | 21341999 | 419.75 | Equity | Banks |
| Tata Comm | 2.55% | 2465878 | 392.42 | Equity | Telecomm-Service |
| Prestige Estates | 2.33% | 2617153 | 359.88 | Equity | Realty |
| L&T Finance Ltd | 2.33% | 21865955 | 358.97 | Equity | Finance |
| Bharat Forge | 2.32% | 3243503 | 358.15 | Equity | Castings, Forgings & Fastners |
| Delhivery | 2.32% | 11701760 | 357.55 | Equity | Logistics |
| Dalmia BharatLtd | 2.23% | 1772512 | 344.35 | Equity | Cement |
| Axis Bank | 2.20% | 2859544 | 338.86 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Midcap Fund - Direct (G) | 15414.99 | 8.72% | 7.68% | -0.92% | 6.43% | 22.38% | |
| Invesco India Midcap Fund - Direct (G) | 6046.97 | 10.04% | 9.73% | 3.37% | 23.06% | 30.46% | |
| Invesco India Midcap Fund - Direct (IDCW) | 6046.97 | 10.03% | 9.67% | 3.31% | 22.99% | 30.43% | |
| Motilal Oswal Midcap Fund-Dir (G) | 27780.18 | 11.96% | 5.91% | -2.43% | 22.36% | 33.56% | |
| Motilal Oswal Midcap Fund-Dir (IDCW) | 27780.18 | 11.96% | 5.91% | -2.43% | 22.36% | 33.56% | |
| Edelweiss Mid Cap Fund - Direct (IDCW) | 9241.96 | 9.40% | 9.08% | 1.45% | 21.98% | 30.24% |
List of Schemes under Mirae Asset Mutual Fund
News
Mirae Asset Mutual Fund announces change in scheme name
Mirae Asset Mutual Fund has announced change in scheme name under the following schemes, With effect from 06 May 2025.Change in the name of the Scheme:
Existing Scheme Name Revised Scheme Name Mirae Asset Equity Allocator Fund of Fund Mirae Asset Diversified Equity Allocator Passive FOF Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF Powered by Capital Market - Live News
Mirae Asset Mutual Fund announces change in Key Personnel
Mirae Asset Mutual Fund has announced that Mr. Nishant Pradhan has been appointed as an Chief AI Officer on the Board of the Trustee Company with effect from April 01, 2025.Details of Mr. Nishant Pradhan,
Age: 47 years
Designation: Chief AI Officer
Qualification:' BE Electrical (Sardar Patel College of Engineering Mumbai) & MBA Finance (IIM Bangalore)
Powered by Capital Market - Live News
Mirae Asset MF announces change in fund manager under its scheme
Mirae Asset Mutual Fund has announced change in fund manager under the following scheme, with effect from 01 April 2025.Change in Fund Manager:
Name of the Scheme Existing Fund Manager(s) Revised Fund Manager(s) Mirae Asset Healthcare Fund Mr. Vrijesh Kasera Mr. Vrijesh Kasera
Mr. Tanmay MehtaPowered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
8 July 2019
Total AUM (Cr)
₹15414.99
Mirae Asset Midcap Fund - Direct (G) is an Mid Cap Fund-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 8 July 2019, this fund is managed by Ankit Jain. With assets under management (AUM) worth ₹15,414.99 (Cr), as of 14 May 2025, Mirae Asset Midcap Fund - Direct (G) is categorized as a Mid Cap Fund within its segment. The fund has generated a return of 24.55% since its launch.
The current NAV of Mirae Asset Midcap Fund - Direct (G) is ₹36.17, as on 14 May 2025. The fund's benchmark index is Nifty Midcap 150 TRI. You can invest in Mirae Asset Midcap Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹99 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment. The fund has generated 22.38% and 31.88% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.66% in Equity, 1.61% in Debt and -0.27% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 9.27% in Banks, 8.04% in Auto Components, 7.95% in Pharmaceuticals & Biotech, 7.83% in Consumer Durables, 5.64% in IT-Software
FAQs
How to Invest in Mirae Asset Midcap Fund - Direct (G) Direct Growth?
Mirae Asset Midcap Fund - Direct (G) is a popular fund in the Mid Cap Fund segment. The fund has generated a return of 24.55% since inception. Looking to invest in Mirae Asset Midcap Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Midcap Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Mirae Asset Midcap Fund - Direct (G)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Mirae Asset Midcap Fund - Direct (G) today and reap the benefits of this Mid Cap Fund fund!
How much returns has Mirae Asset Midcap Fund - Direct (G) Direct Growth generated?
What is the expense ratio of Mirae Asset Midcap Fund - Direct (G) Direct Growth?
What is the AUM of Mirae Asset Midcap Fund - Direct (G) Fund Direct Growth?
How to redeem or withdraw money from Mirae Asset Midcap Fund - Direct (G) Direct Growth?
Redeeming or selling units of Mirae Asset Midcap Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Mirae Asset Midcap Fund - Direct (G):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Mirae Asset Midcap Fund - Direct (G)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).