Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl
Equity
Direct
Multi-Cap
NAV: ₹ 10.4 as on 21-09-2023
Fund Performance
4 people have invested ₹ 1.2L in Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months
About the Fund
Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 21 August, 2023. The fund is managed by Ankit Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl has ₹1494 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.4.
Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl Overview
 | 0.42% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹1494 Cr |
 | 21 August, 2023 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Fund Distribution as on (31-Aug-23)
Sector Allocation
Financial Services
32.1%
Consumer Cyclical
17.5%
Basic Materials
10.6%
Health
10.2%
Industrial
8.2%
Tech
8%
Utilities
4.6%
Consumer Defensive
4.2%
Communication
2.4%
Energy
1.9%
Real Estate
0.2%
Top Holdings of Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings69
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.64% | 0% | |
 Mirae Asset Nifty Midcap 150 ETF | 3.97% | 0% | |
 ICICI Bank Ltd | 3.5% | 0% | |
 State Bank of India | 2.51% | 0% | |
 Axis Bank Ltd | 2.33% | 0% |
See all
Gainers & Losers in Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl portfolio Returns for the month of Dec
Top Growth Drivers | 1M Return |
|---|---|
 Gland Pharma Ltd | 33.6% |
 Vijaya Diagnostic Centre Ltd | 16.1% |
 Coforge Ltd | 12.8% |
Top Losers | 1M Return |
|---|---|
 FSN E-Commerce Ventures Ltd | -9.6% |
 State Bank of India | -8.3% |
 HDFC Bank Ltd | -5.5% |
Peer Analysis
Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl Fund Manager
Ankit Jain
Fund Manager of Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl, since 21 August 2023
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered returns of 4.5% since inception (21nd Aug 2023)
Fund Allocations
This fund has an allocation of 87.18% in Equity, 0% in Debt and 12.82% in Cash related instruments
AUM size ₹1494 Cr
This fund has AUM of ₹1494 Cr which is less than its category average of ₹ 2407 Cr
Expense Ratio 0.42%
This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions
The current NAV of Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl is ₹10.38 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.42% as on August 2023
₹1494 Cr as on August 2023
HDFC Bank Ltd(6.64%), Mirae Asset Nifty Midcap 150 ETF(3.97%), ICICI Bank Ltd(3.5%), State Bank of India(2.51%), Axis Bank Ltd(2.33%) as on August 2023
Financial Services(27.99%), Consumer Cyclical(15.27%), Basic Materials(9.26%) as on August 2023
The alpha ratio for the Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The alpha for Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The Beta for Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The sharpe ratio for Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Ankit Jain is the fund manager of Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Mirae Asset Multicap Fund Direct Payout Inc Dist cum Cap Wdrl is 1%