Mirae Asset Midcap Fund Direct Growth
- Mid-Cap
- Equity
- Very High Risk
Rating:
3
Key Metrics
Aum
₹20,891.69 Cr
Expense Ratio
0.95%
Exit Load
1.00%
Min. Investment
₹5,000.00
Min. SIP
₹99.00
Launch Date
29 Jul 2019
CAGR Returns
| Period | Absolute(%) | Annualised(%) |
|---|---|---|
| 1 Month | -5.83% | -- |
| 3 Months | -3.41% | -- |
| 6 Months | +13.21% | -- |
| 1 Year | +4.77% | +4.77% |
| 2 Years | -- | +3.34% |
| 3 Years | +50.02% | +14.48% |
| 5 Years | +95.75% | +14.38% |
| Since Launch | +319.47% | +22.07% |
Holdings as on 7 Oct 2026
| Name | Value (₹Cr) | Holding % |
|---|---|---|
| Laurus Labs | 842.30 | 4.03 |
| Steel Authority of India | 739.86 | 3.54 |
| Lupin | 681.56 | 3.26 |
| Indusind Bank | 664.87 | 3.18 |
| Persistent Systems | 653.88 | 3.13 |
| PB Fintech | 631.74 | 3.02 |
| HDB Financial Services | 620.46 | 2.97 |
| Delhivery | 602.03 | 2.88 |
| Dixon Technologies (India) | 589.42 | 2.82 |
| Bharat Forge | 574.80 | 2.75 |
Morning Star Rating
Rating:
3
Risk
Return
Risk & Volitility
0.66
Sharpe Ratio
18.05%
Std. Deviation
--
Tracking Error
--
Alpha
--
Beta
Peer Comparison
| Fund Name | 1Y | 3Y | 5Y |
|---|---|---|---|
| HSBC Midcap Fund Direct Plan Growth | +16.03% | +22.84% | +17.87% |
| Edelweiss Mid Cap Fund Direct Plan Growth Option | +4.37% | +19.84% | +17.34% |
| Mirae Asset Midcap Fund Direct Growth | +4.77% | +14.48% | +14.38% |
| SBI Midcap Fund Direct Growth | +3.37% | +10.03% | +12.91% |
| DSP Midcap Fund Direct Plan Growth | +0.54% | +12.92% | +10.67% |
Results are calculated on CAGR basis
About Fund
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.
The Mirae Asset Midcap Fund Direct Growth has an AUM of 20891.69 crores & has delivered CAGR of 14.38 in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.95%. The minimum investment in Mirae Asset Midcap Fund Direct Growth is Rs 5000 and the minimum SIP is Rs 99.
As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.
The fund has a present cash holding of %. The top holdings of the fund include Laurus Labs, Steel Authority of India, Lupin, Indusind Bank.
The major sectors where the fund is invested are Biotechnology & Drugs, Regional Banks, Consumer Financial Services, Software & Programming.
Some of the similar funds are HSBC Midcap Fund Direct Plan Growth, Edelweiss Mid Cap Fund Direct Plan Growth Option, Mirae Asset Midcap Fund Direct Growth, SBI Midcap Fund Direct Growth, DSP Midcap Fund Direct Plan Growth. Mirae Asset Midcap Fund Direct Growth has a sharpe ratio of 0.66 & a standard deviation of 18.05%.
FAQs
According to the morning star rating Mirae Asset Midcap Fund Direct Growth has a Medium risk & Exceptional return.
Mirae Asset Midcap Fund Direct Growth is managed by Ankit Jain.
The expense ratio of Mirae Asset Midcap Fund Direct Growth is 0.95%.
The 5 year annualized return on Mirae Asset Midcap Fund Direct Growth is 14.38% & it has generated 4.77% in the last 1 year.
The minimum investment in Mirae Asset Midcap Fund Direct Growth is 5000 Rs.
Mirae Asset Midcap Fund Direct Growth has an AUM of 20891.69 crores.
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