NAV on (No Data Available)
₹0.00
No Data Available
Fund Size
₹16193.93 Crores
1Y Returns
No Data Available%
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.
Mirae Asset Global Investments (India) Pvt. Ltd.
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%
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.
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 |
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.