Mirae Asset Small Cap Fund

Mirae Asset Small Cap Fund

Equity

Mirae Mutual Fund

Small-Cap

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

₹11.49

▼-0.9%1D

NAV as on 24 Feb 2026

13.88%/per year

Since Inception

Absolute Gain%

▲▼

4774 people have invested ₹ 4.6Cr in Mirae Asset Small Cap Fund 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 (24-Feb-26)

The fund has outperformed the benchmark (Nifty Smallcap 250) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
4.15%
-2.31%
-0.23%
21.74%
--
--
Nifty Smallcap 250
4.04%
-4.11%
-6.55%
9.83%
20.98%
18.37%
Small-Cap Avg
5.34%
-3.18%
-3.48%
11.3%
19.79%
20.46%
Best in Small-Cap
10.49%
0.91%
2.48%
22.23%
31.7%
26.48%
Worst in Small-Cap
1.43%
-7.62%
-13.21%
-1.29%
15.09%
16.84%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Mirae Asset Small Cap Fund
-
3,103Cr
0.43%
21.74%
-
--
--
--
--
--
Bandhan Small Cap Fund
1/18
19,267Cr
0.47%
15.47%
31.53%
9.57
0.89
1.21
2.17
2.03
Invesco India Smallcap Fund
2/18
9,009Cr
0.4%
17.56%
26.32%
5.40
0.80
0.98
1.55
0.55
Edelweiss Small Cap Fund
3/18
5,369Cr
0.45%
14.68%
21.76%
2.83
0.79
0.86
1.38
0.10
See all

Mirae Asset Small Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Profit

Total Corpus

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Mirae Asset Small Cap Fund Asset Allocation

See fund asset allocation details as on (14-Feb-26)

Fund Distribution

as on (14-Feb-26)

Small cap
69.6%
Mid cap
15.4%
Large cap
10.8%
Mid Cap allocation has gone up from 14.9% to 15.4%
Mid Cap allocation has gone up from 14.9% to 15.4%
Large Cap allocation has gone down from 11.1% to 10.8%
Large Cap allocation has gone down from 11.1% to 10.8%
Small Cap allocation has gone down from 71.1% to 69.6%
Small Cap allocation has gone down from 71.1% to 69.6%
Cash allocation has gone up from 2.9% to 4.1%
Cash allocation has gone up from 2.9% to 4.1%

Mirae Asset Small Cap Fund Sector Allocation

See fund sector allocation details as on (14-Feb-26)

Sector Allocation

Industrial
20.1%
Financial Services
19.7%
Health
17.7%
Consumer Cyclical
15.9%
Basic Materials
12%
Tech
8.2%
Real Estate
2.2%
Consumer Defensive
1.9%
Communication
1.4%
Energy
0.9%
Utilities
0%

Top 3 Sectors in January were Financial Services, Consumer Cyclical & Health

Jan'26

Financial Services

28%

Consumer Cyclical

17%

Health

15%

Dec'25

Financial Services

24%

Consumer Cyclical

18%

Health

16%

Mirae Asset Small Cap Fund Holdings Details

as on (31-Jan-26)

Top Stocks bought last month
Home First Finance Co India Ltd ---'s allocation increased from 0.44% to 2.11%
Home First Finance Co India Ltd ---'s allocation increased from 0.44% to 2.11%
KFin Technologies Ltd's allocation increased from 1.05% to 1.72%
KFin Technologies Ltd's allocation increased from 1.05% to 1.72%
eClerx Services Ltd's allocation increased from 1.38% to 2%
eClerx Services Ltd's allocation increased from 1.38% to 2%
Top Stocks sold last month
Can Fin Homes Ltd's allocation decreased from 2.06 % to 2.02 %
Can Fin Homes Ltd's allocation decreased from 2.06 % to 2.02 %
Welspun Corp Ltd's allocation decreased from 2.07 % to 1.96 %
Welspun Corp Ltd's allocation decreased from 2.07 % to 1.96 %
Kirloskar Oil Engines Ltd's allocation decreased from 2.02 % to 1.96 %
Kirloskar Oil Engines Ltd's allocation decreased from 2.02 % to 1.96 %

Mirae Asset Small Cap Fund Overview

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

Expense ratio0.43%
Benchmark
Nifty Smallcap 250 TR INR
AUM₹3103 Cr
Inception Date31 January, 2025
Min Lumpsum/SIP₹5,000/₹99
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
9.25%
Risk
Risk meter
pointer
Very High Risk

About Mirae Asset Small Cap Fund

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

Key Parameters

  1. Mirae Asset Small Cap Fund has ₹3103 Cr worth of assets under management (AUM) as on Feb 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Mirae Asset Small Cap Fund has given a CAGR return of 13.88% since inception. Over the last 1 year the fund has given a CAGR return of 21.74%.

Holdings

Mirae Asset Small Cap Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Industrial, Tech, Basic Materials, Real Estate, Consumer Defensive, Communication, Energy, Corporate, Utilities. Its top holdings are Karur Vysya Bank Ltd, Cholamandalam Financial Holdings Ltd, Multi Commodity Exchange of India Ltd, Home First Finance Co India Ltd ---, DCB Bank 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

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 has no lock in period.

Fund Manager

Varun Goel

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

Learn more about Mirae Mutual Fund
Parameters
Jan'26
Dec'25
Nov'25
AUM
₹ 3.1K Cr
₹ 2.9K Cr
₹ 2.9K Cr
  • AUM of the fund stands at 3.1K Cr as of Jan'26
  • AUM increased by 222.7 Cr between Jan'26 and Dec'25

Frequently Asked Questions for Mirae Asset Small Cap Fund

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 ₹11.49. 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.

What is the return on the fund?

Mirae Asset Small Cap Fund fund has generated a return of 21.74% in 1 year

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

The fund managers are Varun Goel.

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 0.43%. 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 ₹3103 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 Karur Vysya Bank Ltd(3.76%), Cholamandalam Financial Holdings Ltd(3.33%), Multi Commodity Exchange of India Ltd(2.32%)