Mirae Asset Midcap Fund
Mirae Asset Midcap Fund Growth invests in mid-size Indian companies, balancing growth and risk.
What This Strategy Does
CW Expert Research Notes
Consistent Outperformance
The fund has outperformed its Nifty Midcap 150 TR INR benchmark and category peers over the past 12 months, delivering a 10.1% return versus 7.5% and 6.8%, respectively, reflecting its ability to generate consistent outperformance across market cycles.
Differentiated Construction
The fund's portfolio construction differs from peers, with a higher allocation to the financial services sector at 25.3% and a tilt towards mid-cap stocks at 27.8%, reflecting the manager's conviction in these areas.
Earnings Resilience Potential
With potential catalysts such as policy reforms and an uptick in the capex cycle, the fund's holdings could benefit from earnings resilience, supporting its thesis of capturing the structural growth opportunities in the Indian mid-cap space.
Performance and Risk Analysis
Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.
Fund Performance
Benchmark Performance Comparison
Risk Profile
Detailed Risks
Market Risk
Potential recession driven by slowing global growth could trigger demand contraction, impacting mid-cap earnings; portfolio's mid-cap tilt mitigates this via domestic focus.
Liquidity Risk
Volatility spikes or market dislocations could impair mid-cap liquidity, hindering rebalancing; large-cap allocation and cash buffers provide liquidity backstop.
Concentration Risk
Concentrated mid-cap exposure amplifies risks from sector shocks (e.g. IT services disruption) or idiosyncratic risks; diversification and sizing limits reduce downside impact.
Specific Strategy Risk
Regulatory changes impacting mid-cap sectors or competitive pressures eroding mid-cap moats could impair earnings; rigorous bottom-up research identifies early warning signals.
Strategy Details
A closer look at the investment thesis, portfolio construction, and current holdings.
Core Investment Theme
Delivers flexibility to capitalize on opportunities across the market-cap spectrum. By investing without constraints, this approach allows fund managers to rotate capital toward the best risk-reward propositions—whether defensiveness in large caps during uncertainty or growth capture in smaller companies during expansions. This adaptability can smooth portfolio returns across varying market conditions.
Broader Market View
Market Outlook
Why This Strategy is Attractive Now
Investment Style & Process
Investment Style
Why it Makes Sense
High-Level Investment Process
Portfolio Holdings Overview
Geographic Allocation
Top Stock Holdings
Fund House Management
The asset management company’s track record, AUM scale, and fund manager credentials.
Fund Manager Track Record
Ankit Jain
Mr. Ankit Jain has experience of 11 years. Manages 18 funds at Mirae Asset Investment Managers (India) Private Limited with an AUM of approximately ₹61,922 Cr Holds a B.Tech degree.
11 years
Combined Team Experience
₹ 61,922 Cr
Assets Under Management
CW Expert Take
Mirae Asset brings global investment expertise to Indian markets. Their strength lies in thematic research and identifying structural growth trends early. The fund house combines quantitative frameworks with fundamental analysis, creating disciplined yet opportunistic strategies across market caps and asset classes.
Firm Overview
Investment Philosophy & Approach
Disciplined Approach
Mirae Asset follows a disciplined investment approach focused on rigorous research.
Risk Management
The fund house emphasizes robust risk management through diversification and controls.
Long-Term Mindset
Mirae Asset maintains a long-term capital allocation mindset for sustainable returns.
Operational & Regulatory Details
What it costs to invest, transaction mechanics, and regulatory disclosures you should know.
Costs and Fees
Regulatory & Tax Information
LTCG | >1Year 12.5%% on gain above 1.25 Lakh
STCG | <1Year 20%%
Tax Implications (India)