Mirae Asset Small Cap Fund Direct Growth

Mirae Asset Small Cap Fund Direct Growth

Get the latest NAV of Mirae Asset Small Cap Fund Direct Growth. 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.

₹11.43

0.6%1D

NAV as on 30 Jun 2025

14.31%/per year

Since Inception

Absolute Gain%

2258 people have invested ₹ 2Cr in Mirae Asset Small Cap Fund Direct Growth in the last three months

Mirae Asset Small Cap Fund Performance vs. Nifty Smallcap 250

Fund returns vs Benchmark returns vs Category Average returns as on (30-Jun-25)

The fund has underperformed the benchmark (Nifty Smallcap 250) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty Smallcap 250
Category Avg
1 Month
4.76%
5.73%
4.6%
3 Months
14.97%
17.83%
13.89%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mirae Asset Small Cap Fund
-
1,580Cr
0.41%
-
-
14.31%
Bandhan Small Cap Fund Direct Growth
1/18
11,744Cr
0.39%
16.33%
37.25%
35.88%
Invesco India Smallcap Fund Direct Growth
2/18
6,823Cr
0.44%
12.65%
33.91%
26.24%
Tata Small Cap Fund Direct Growth
3/18
10,529Cr
0.34%
5.93%
29.43%
25.7%

Mirae Asset Small Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit


Total Corpus

0

Absolute Return

Mirae Asset Small Cap Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 98.1%

Debt & Cash 1.9%

Small cap
70.1%

Large cap
18.8%

Mid cap
6%

Mirae Asset Small Cap Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 98.1%

Debt & Cash 1.9%

Mirae Asset Small Cap Fund Holdings Details

as on (31-May-25)

Equity

Holdings
Weight%
1M Change
Cholamandalam Financial Holdings Ltd
2.92%
4.2%
Karur Vysya Bank Ltd
2.49%
9.2%
Welspun Corp Ltd
2.35%
19.3%
Sagility India Ltd
2.26%
72.5%
JK Cement Ltd
2.24%
10.3%

Mirae Asset Small Cap Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.41%
Benchmark
Nifty Smallcap 250 TR INR
AUM₹1580 Cr
Inception Date31 January, 2025
Min Lumpsum/SIP₹5000/₹99
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Mirae Asset Small Cap Fund

Mirae Asset Small Cap Fund Direct Growth is an equity fund. This fund was started on 31 January, 2025. The fund is managed by Siddharth Srivastava. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mirae Asset Small Cap Fund Direct Growth has ₹1580 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Mirae Asset Small Cap Fund Direct Growth has given a CAGR return of 14.31% since inception.

Holdings

Mirae Asset Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Health, Consumer Cyclical, Basic Materials, Tech, Consumer Defensive, Real Estate, Communication, Energy, Utilities. Its top holdings are Cholamandalam Financial Holdings Ltd, Karur Vysya Bank Ltd, Welspun Corp Ltd, Sagility India Ltd, JK Cement Ltd

Taxation

As it is a small-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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Mirae Asset Small Cap Fund Direct Growth

The investment objective of the scheme is to generate capital appreciation by investing predominantly in small cap stocks. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Small Cap Fund Direct Growth has no lock in period.

Fund Manager

Siddharth Srivastava

Fund Manager of Mirae Asset Small Cap Fund Direct Growth, since 31 January 2025

Learn more about Mirae Mutual Fund

Frequently Asked Questions for Mirae Asset Small Cap Fund Direct Growth

How do I invest in Mirae Asset Small Cap Fund?

INDmoney makes it simple to invest in the Mirae Asset Small Cap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mirae Asset Small Cap Fund’.
  • 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.

What is the current NAV of Mirae Asset Small Cap Fund?

The NAV of the fund today is ₹11.43. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

Who is the fund manager of Mirae Asset Small Cap Fund?

The fund managers are Siddharth Srivastava.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-365 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.41%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1580 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mirae Asset Small Cap Fund?

The top 3 holdings of the fund are Cholamandalam Financial Holdings Ltd(2.92%), Karur Vysya Bank Ltd(2.49%), Welspun Corp Ltd(2.35%)