Mirae Asset Midcap Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.89
• Std Deviation 14.82%
• Tracking Error 0.00%

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 16576.59 crores & has delivered CAGR of 26.96% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.67%. The minimum investment in Mirae Asset Midcap Fund Regular 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 top holdings of the fund include Indian Bank, Federal Bank, Delhivery & Mphasis.

The major sectors where the fund is invested are Software & Programming, Biotechnology & Drugs, Regional Banks & Consumer Financial Services.

Some of the similar funds are Motilal Oswal Midcap Regular Growth, Sundaram Mid Cap Growth, Franklin India Prima Fund Growth, Mirae Asset Midcap Fund Regular Growth, DSP Midcap Fund Growth. Mirae Asset Midcap Fund Regular Growth has a sharpe ratio of 0.89 & a standard deviation of 14.82%.