VR Logo

4 star

Mirae Asset Midcap Fund - Regular Plan download report


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 2.13 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.53 Lakh

Suitability:

"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Mirae Asset Midcap Fund Reg-G 2.47 0.22 0.43 8.70 7.86 3.15 8.79 28.60 -- -- --
S&P BSE 150 MidCap TRI -0.53 0.24 1.09 8.65 6.41 1.08 6.95 27.87 -- -- --
Equity: Mid Cap -0.65 0.24 0.56 8.31 6.85 1.42 7.12 25.21 -- -- --
Rank within category 5 24 22 15 9 7 13 4 -- -- --
Number of funds in category 33 37 37 37 37 34 31 25 21 20 18

As on 08-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset Midcap Fund - Regular Plan  | Invest Online
4 star
Jul-19 8.79 28.60 -- 1.81 7,173
Axis Midcap Fund
5 star
Feb-11 5.07 24.61 17.20 1.93 18,677
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 9.25 27.36 15.03 1.75 18,259
Nippon India Growth Fund  | Invest Online
4 star
Oct-95 9.18 25.85 14.34 1.89 12,450
SBI Magnum Midcap Fund  | Invest Online
4 star
Mar-05 14.90 30.28 13.46 1.85 6,741

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.61 24-Mar-2020 - 31-Mar-2020 -19.62 16-Mar-2020 - 23-Mar-2020
Month 18.25 24-Mar-2020 - 23-Apr-2020 -37.48 20-Feb-2020 - 23-Mar-2020
Quarter 34.65 24-Mar-2020 - 23-Jun-2020 -33.41 23-Dec-2019 - 23-Mar-2020
Year 116.14 23-Mar-2020 - 23-Mar-2021 -0.84 18-Jun-2021 - 20-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Mirae Asset Midcap Fund Reg-G 28.01 23.55 1.04 1.07 0.92 2.58
S&P BSE 150 MidCap TRI 27.26 25.02 0.95 1.02 -- --
Equity: Mid Cap 24.98 23.82 0.90 0.95 0.93 -0.53
Rank within category 4 10 3 4 11 3
Number of funds in category 25 25 25 25 25 25

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2022

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 54
Top 10 Stocks (%) 31.76
Top 5 Stocks (%) 18.17
Top 3 Sectors (%) 42.66
Portfolio P/B Ratio 2.57
Portfolio P/E Ratio 17.65

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 30,023 28,325
Giant (%) 9.64 5.03
Large (%) 9.89 12.81
Mid (%) 71.96 77.62
Small (%) 8.51 6.11
Tiny (%) -- 2.16

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal TVS Motor Company Automobile 42.37 4.09 1.79 4.09
equal Shriram Transport Finance Company Financial 10.70 4.03 0.00 4.03
equal The Federal Bank Financial 10.25 4.60 3.26 3.52
equal Bharat Forge Automobile 30.65 3.49 0.00 3.29
up Axis Bank Financial 14.19 4.29 1.81 3.24
up NTPC Energy 9.38 3.09 0.00 3.09
equal State Bank of India Financial 13.15 3.69 2.03 2.73
up Bata India Consumer Discretionary 237.11 2.77 0.00 2.66
equal Bayer CropScience Chemicals 35.13 2.71 0.00 2.56
up Page Industries Textiles 101.01 3.34 0.05 2.55
up Emami Consumer Staples 24.12 3.48 1.73 2.34
equal Crompton Greaves Consumer Electricals Consumer Discretionary 39.34 2.88 1.31 2.33
equal Power Finance Corporation Financial 2.22 2.69 0.00 2.30
up Jindal Steel & Power Metals & Mining 5.19 3.74 0.00 2.27
equal Ipca Laboratories Healthcare 28.96 2.56 0.31 2.21
equal Max Financial Services Financial 95.15 3.31 2.02 2.20
equal Gujarat State Petronet Energy 8.34 3.62 2.10 2.19
equal Thermax Capital Goods 75.00 2.40 0.00 2.02
equal Kajaria Ceramics Materials 43.00 2.23 1.28 1.97
equal Fortis Healthcare Healthcare 49.60 2.22 0.00 1.91
up Honeywell Automation Capital Goods 105.61 1.90 0.00 1.90
equal Container Corporation Of India Services 38.74 2.06 0.00 1.90
equal Tata Consultancy Services Technology 31.82 1.87 0.00 1.82
equal Bharti Airtel Communication 75.20 2.88 0.00 1.81
down Hindustan Aeronautics Capital Goods 14.21 2.07 0.00 1.74

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2022

Fund Manager

— Ankit Jain since 08-Jul-2019

Education: Mr. Jain is a B.Tech (ICT) and MBA (Finance).

Experience: Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirius Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.

Interviews:

Funds Managed:


0.22%

Change from previous, NAV as on 08-Aug-2022

Growth: ₹ 21.2930

IDCW: ₹ 19.5520


Investment Strategy

The scheme seeks 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.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 5
Min. Withdrawal (₹) --
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 29-Jul-2019
Return Since Launch: 28.33%
Benchmark: NIFTY Midcap 150 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 7,173 Cr (As on 30-Jun-2022)
Expense Ratio: 1.81% (As on 30-Jun-2022)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 48.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW28-Mar-20221.6500

Contact Information

AMC: Mirae Asset Investment Managers (India) Pvt. Ltd.

Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098

Phone: 022-67800301 / 1800-2090-777

Website: http://www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

How to be financially independent

DateMon, 15-Aug-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot