Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Get the latest NAV of Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹27.35
▲0.3%1D
NAV as on 22 May 2026
22.72%/per year
Since Inception
▲▼
20 people have invested ₹ 54.5K in Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal in the last three months
Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal Performance vs. Nifty Midcap 150
Fund returns vs Benchmark returns vs Category Average returns as on (22-May-26)
The fund has outperformed the benchmark (Nifty Midcap 150) over 1Y, but underperformed over 3Y, 5Y.
Peer comparison
Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal Asset Allocation
See fund asset allocation details as on (14-May-26)
Fund Distribution
as on (14-May-26)
Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal Sector Allocation
See fund sector allocation details as on (14-May-26)
Sector Allocation
Top 3 Sectors in April were Financial Services, Consumer Cyclical & Health
Financial Services
23%
Consumer Cyclical
19%
Health
15%
Financial Services
23%
Consumer Cyclical
19%
Health
15%
Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal Holdings Details
as on (30-Apr-26)
Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.5% |
Benchmark | Nifty Midcap 150 TR INR |
| AUM | ₹18388 Cr |
| Inception Date | 29 July, 2019 |
| Min Lumpsum/SIP | ₹5,000/₹99 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 104.11% |
| Risk |   Very High Risk |
About Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal 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
- Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal has ₹18388 Cr worth of assets under management (AUM) as on May 2026 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal has given a CAGR return of 22.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.86%, 21.54% and 17.60% respectively.
Holdings
Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Basic Materials, Tech, Real Estate, Communication, Corporate, Utilities, Energy, Government, Consumer Defensive. Its top holdings are IndusInd Bank Ltd, Bharat Forge Ltd, Lupin Ltd, Steel Authority Of India Ltd, Delhivery Ltd
Taxation
As it is a mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal has no lock in period.
Fund Manager
Ankit Jain
Fund Manager of Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 29 July 2019
- AUM of the fund stands at 16.2K Cr as of Apr'26
- AUM has remained same between Apr'26 and Mar'26
Frequently Asked Questions for Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal
How do I invest in Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal?
- Download the INDmoney app.
- Search for ‘Mirae Asset Midcap Fund Direct Reinvestment of Income Distribution cum capital withdrawal’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.