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Mirae Asset Midcap  Gr

Mirae Asset Midcap Gr

Diversified
Equity
India Growth
Mid Cap
Others
Emotionally driven
Investor Profile
1–7 yearsInvestment Horizon
HNI, UHNI, Retail Investor, Mass AffluentTarget Segments
SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit
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Mirae Asset Midcap Fund Growth invests in mid-size Indian companies, balancing growth and risk.

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What This Strategy Does

Mirae Asset Midcap Fund Regular Growth is an equity mid-cap fund which captures India's emerging midcap opportunity through a diversified portfolio approach, deploying capital across industrials, healthcare, and financials to achieve broad-based earnings growth.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

Fund Performance

1.9% AnnuallyAlpha
+20.2% vs +10.6% benchmarkSince Inception
+12.7% vs +5.6% benchmark3Y Annualized
+11.7% vs +4.6% benchmark5Y Annualized
Mirae Asset Midcap Gr
Benchmark Index
Fund Performance

Benchmark Performance Comparison

Mirae Asset Midcap Fund
NIFTY 50
Given the product’s limited performance history, the assessment considers the fund house’s track record and the historical performance of comparable strategies managed by the same fund house, which follow similar investment approaches. Such comparisons provide historical context only and do not represent the performance of the new product or indicate its future returns.
Risk Profile

Risk Profile

Standard Deviation19.6%
Maximum Drawdown-22.6% | Oct 2024
Sharpe Ratio0.59
Beta1.01
Upside Capture93%

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

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.

Portfolio Holdings Overview

Portfolio Holdings Overview

SectoralAllocation
Services16.37%
Energy & Infra4.58%
Utilities2.27%
Technology9.48%
Financial Services25.2%
Consumers15.03%
Capital Goods27.08%

Geographic Allocation

Domestic100%
Top Stock Holdings

Top Stock Holdings

CompanySectorAllocation
Laurus Labs LtdServices4.03%
Steel Authority Of India LtdCapital Goods3.54%
Lupin LtdServices3.26%
IndusInd Bank LtdFinancial Services3.18%
Persistent Systems LtdTechnology3.13%
PB Fintech LtdFinancial Services3.02%
HDB Financial Services LtdFinancial Services2.97%
Delhivery LtdCapital Goods2.88%
Dixon Technologies (India) LtdTechnology2.82%
Bharat Forge LtdCapital Goods2.75%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Fund Manager Track Record

AJ

Ankit Jain

Lead Portfolio Manager

Mr. Ankit Jain has experience of 12 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.

CW Expert Take
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.

Team

12 years

Combined Team Experience

AUM

₹ 61,922 Cr

Assets Under Management

Firm OverviewFirm Overview

AMCMirae Asset Investment Managers (India) Private Limited
Total AUM₹2,17,680.38 Cr
Investment Professionals49+
Global Offices250 Cities

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

iconCosts and Fees

Total Expense Ratio (TER)1.98%
Exit Load1

iconRegulatory & Tax Information

INF769K01EY2
verified
ISIN
DailyDealing Frequency
Nifty Midcap 150 TR INRBenchmark

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)
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