e.g. Tata motors, Reliance MF, 500570

Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment

Equity Mid Cap Very High

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹16193.93 Crores

1Y Returns

No Data Available%

 

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

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.

AMC

Mirae Asset Global Investments (India) Pvt. Ltd.

Fund Details

Launch Date

July 8, 2019

Fund Manager

Mr. Ankit Jain

Initial Price

10

AUM Fund

16193.93 Cr

Min investment

Rs 5000

Expense Ratio

0.58%

SIP Minimum Investment

Monthly - Rs.500/- in multiples of Re.1/- thereafter for a minimum of 5 installments. Quarterly - Rs.500/- in multiples of Re.1/- thereafter for a minimum of 3 installments.

Exit Load

15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil.Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):-If redeemed within 1 year (365 days) from the date of allotment: 1%-If redeemed after 1 year (365 days) from the date of allotment: NIL.

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
39.46% 0.00% ₹2709.75
38.60% 56.97% ₹10450.74
30.66% 67.83% ₹13553.62
29.59% 70.65% ₹38138.08
29.14% 32.31% ₹10450.74

Holdings

Lupin Ltd. 3.99%
Swiggy Ltd. 2.59%
SRF Ltd. 2.14%
CEAT Ltd. 1.71%
Voltas Ltd. 1.60%
Biocon Ltd. 1.53%
TREPS 1.52%
UPL Ltd. 0.94%
MRF Ltd. 0.79%
Mirae Asset Liquid Fund-Direct Plan-Growth 0.23%
Mirae Asset Money Market Fund-Direct Plan-Growth 0.07%
Net Receivables / (Payables) -0.15%

Sector Allocation

Pharmaceuticals and health care 14.01%
Engineering 9.23%
Banks 8.01%
Iron and Steel 3.17%
Miscellaneous 12.26%
Service 11.80%
Auto 2.94%
Cement 2.69%
Telecommunications 2.42%
Information Technology 4.13%
Textiles 3.44%
Construction 2.07%
Consumer Durables 1.97%
Finance 6.21%
Tyres 2.50%
Transport 1.67%
Chemicals 3.22%
Leather 1.03%
Power 0.97%
Petrochemicals 1.51%
Petroleum 0.66%
Personal Care 0.64%
Paints and Pigments 0.60%
Agriculture/Horticulture/Lives 0.49%
Electric Equipment 0.41%
Plastics 0.28%
Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai Maharashtra India 400098
Phone
+91 22 67800300
Fax
+91 22 67253942
Launch Date
July 8, 2019
Custodian
Deutsche Bank, SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment?

A: The latest NAV of Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment is ₹ .

Q: What type of mutual fund is Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment?

A: Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment is a 'Equity - Mid Cap' type mutual fund managed by 'Mirae Asset Global Investments (India) Pvt. Ltd.'.

Q: What is the expense ratio of Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment?

A: The expense ratio of Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment is 0.58%, which impacts overall returns.

Q: Who manages Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment?

A: Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment is managed by Mr. Ankit Jain, who oversees investment strategy and portfolio decisions.

Q: Is Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment a good investment?

A: Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment?

A: The exit load of Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment is 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil.Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):-If redeemed within 1 year (365 days) from the date of allotment: 1%-If redeemed after 1 year (365 days) from the date of allotment: NIL., applicable if redeemed within the specified period.

Q: How is Mirae Asset Midcap Fund - Direct Plan - IDCW-Reinvestment taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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