Mirae Asset Midcap Fund Direct Growth
Mirae Asset Midcap Fund Direct Growth

Mirae Asset Midcap Fund Direct Growth

Equity
Direct
Very High Risk
Mid-Cap

NAV: ₹ 20.2 as on 06-07-2022

About the Fund

Mirae Asset Midcap Fund Direct Growth is an equity fund. This fund was started on  29 July, 2019. The fund is managed by Ankit Jain. The fund could potentially beat inflation in the long-run.

Key parameters

1) Mirae Asset Midcap Fund Direct Growth has a NAV of 20.188 as on 06-07-2022.

2) Mirae Asset Midcap Fund Direct Growth has 7312 Cr worth of assets under management (AUM) as on 31-05-2022 and is more than category average.

3) The fund has an expense ratio 0.65 %.

Fund Overview

Expense ratio
Expense ratio
0.65%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹7312 Cr
Inception Date
Inception Date
29 July, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
68.27%

Fund Distribution

  • Equity 98.8%
  • Debt & Cash 1.2%
Size breakup
Mid cap
67.1%
Large cap
16.8%
Small cap
13.9%
Sector Allocation
Consumer Cyclical22.6%
Financial Services19.3%
Industrial15.3%
Basic Materials14%
Health10.7%
Tech6.3%
Utilities5.7%
Consumer Defensive3.5%
Communication2.5%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings21
Equity Holdings20
Debt Holdings1
Shriram Transport Finance Co Ltd
Shriram Transport Finance Co Ltd
3.6%
TVS Motor Co Ltd
TVS Motor Co Ltd
3.5%
Bharat Forge Ltd
Bharat Forge Ltd
3.5%
The Federal Bank Ltd
The Federal Bank Ltd
3.4%
Axis Bank Ltd
Axis Bank Ltd
3.3%
NTPC Ltd
NTPC Ltd
3.1%
Bayer CropScience Ltd
Bayer CropScience Ltd
2.7%
State Bank of India
State Bank of India
2.7%

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 27.01% since inception which is more than its category average return of 15.24%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.83% in Equity, 0% in Debt and 1.17% in Cash related instruments
AUM size ₹7312 Cr

AUM size ₹7312 Cr

This fund has AUM of ₹7312 Cr which is more than its category average of ₹ 4352 Cr
Expense Ratio 0.65%

Expense Ratio 0.65%

This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.55%

AMC details

Fund House
Mirae Asset Investment Managers (India) Private Limited
Email
customercare@miraeasset.com
Phone
+912267800300
Address
India

Frequently Asked Questions

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