Active Stocks
Sat May 18 2024 12:29:54
  1. Tata Motors share price
  2. 953.75 0.85%
  1. Power Grid Corporation Of India share price
  2. 316.10 0.88%
  1. ITC share price
  2. 436.50 -0.02%
  1. Tata Steel share price
  2. 167.90 0.39%
  1. State Bank Of India share price
  2. 820.35 0.31%
Business News/Market/Market Stats/    Mirae Asset Midcap Fund Regular Growth

Mirae Asset Midcap Fund Regular Growth

+
  • Equity
  • Mid-Cap
  • Rating 3
  • Plan
32.63 +0.35 (1.08%) NAV as on 17 May, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)15139.44
  • CAGR 49.27%
  • Exit Load1.00%
  • Expense ratio1.69%
  • CategoryEquity
  • Min Investment5000
  • Min SIP500
  • Launch Date2019-07-29

Morning Star Rating 3

Medium
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 19 May 2024

  • Name
  • Value (Cr)
  • Holding %
  • Treps
  • 470.11
  • 3.11%
View More

Risk & Volitility

  • Alpha 0.00%
  • Beta 0.00
  • Sharpe Ratio1.25
  • Std Deviation 14.02%
  • Tracking Error 0.00%

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 Regular Growth has an AUM of 15139.44 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.69%. The minimum investment in Mirae Asset Midcap Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

 

The top holdings of the fund include Federal Bank, Prestige Estates Projects, Treps & Bharat Forge.

 

The major sectors where the fund is invested are Regional Banks, Biotechnology & Drugs, Misc. Fabricated Products & Software & Programming.

 

Some of the similar funds are SBI Magnum Midcap Fund Regular Growth, Sundaram Mid Cap Growth, Franklin India Prima Fund Growth, DSP Midcap Fund Growth, Mirae Asset Midcap Fund Regular Growth. Mirae Asset Midcap Fund Regular Growth has a sharpe ratio of 1.25 & a standard deviation of 14.02%.

FAQs about Mirae Asset Midcap Fund Regular Growth

According to the morning star rating Mirae Asset Midcap Fund Regular Growth has a Medium risk & Exceptional return.
Mirae Asset Midcap Fund Regular Growth is managed by Ankit Jain.
The expense ratio of Mirae Asset Midcap Fund Regular Growth is 1.69%.
The 5 year annualized return on Mirae Asset Midcap Fund Regular Growth is 0.00% & it has generated 49.27% in the last 1 year.
The minimum investment in Mirae Asset Midcap Fund Regular Growth is 5000 Rs.
Mirae Asset Midcap Fund Regular Growth has an AUM of 15139.44 crores.
Recommended For You