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Unrated

Mirae Asset Midcap Fund - Regular Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.54 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.40 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.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 48.06 -0.07 0.83 -3.18 1.92 15.53 53.80 -- -- -- --
S&P BSE 150 MidCap TRI 48.34 -0.13 1.37 -1.86 4.21 15.26 52.54 -- -- -- --
Equity: Mid Cap 43.24 -0.18 1.35 -2.19 3.16 16.15 49.17 -- -- -- --
Rank within category 7 9 31 26 21 18 9 -- -- -- --
Number of funds in category 30 34 34 34 33 33 30 24 21 20 18

As on 03-Dec-2021

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
Unrated
Jul-19 53.80 -- -- 1.85% 6,737
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 50.72 25.68 19.43 1.77% 16,485
Axis Midcap Fund
5 star
Feb-11 44.86 26.31 23.17 1.81% 15,988
Nippon India Growth Fund  | Invest Online
4 star
Oct-95 51.31 24.34 19.14 1.87% 11,919
PGIM India Midcap Opportunities Fund - Regular Plan  | Invest Online
5 star
Dec-13 65.28 34.27 22.34 2.20% 3,388

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 2.40 25-Sep-2019 - 24-Sep-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 150 MidCap TRI* 24.90 25.07 0.84 0.89 -- --
Equity: Mid Cap* 23.12 23.31 0.84 0.88 0.90 0.26
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 48
Top 10 Stocks (%) 32.83
Top 5 Stocks (%) 18.12
Top 3 Sectors (%) 39.99
Portfolio P/B Ratio 2.96
Portfolio P/E Ratio 20.87

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 35,376 29,713
Giant (%) 10.70 5.01
Large (%) 17.56 14.39
Mid (%) 62.68 75.05
Small (%) 9.05 6.86
Tiny (%) -- 0.20

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal The Federal Bank Financial 10.52 4.60 3.26 4.05
up Axis Bank Financial 20.63 4.29 1.81 3.65
equal Jindal Steel & Power Metals 5.35 3.66 0.00 3.59
up Mphasis Technology 43.70 3.51 0.00 3.51
down Bharat Electronics Engineering 21.93 4.00 1.13 3.32
equal Voltas Consumer Durable 69.60 3.77 1.93 3.15
up Max Financial Services Financial 111.89 3.31 2.08 2.92
equal Bharat Forge Automobile 77.21 2.92 0.00 2.92
up Crompton Greaves Consumer Electricals Consumer Durable 41.11 2.88 1.31 2.88
up Shriram Transport Finance Company Financial 16.15 2.99 0.00 2.85
down State Bank of India Financial 14.74 3.69 2.03 2.83
up Gujarat State Petronet Energy 9.72 3.62 2.27 2.75
up Power Finance Corporation Financial 2.45 2.69 0.00 2.59
up SRF Diversified 41.64 4.82 1.71 2.56
equal NTPC Energy 9.21 3.07 0.00 2.56
equal Bharti Airtel Communication 139.49 2.88 0.00 2.44
up TVS Motor Company Automobile 38.69 3.01 1.79 2.37
equal JK Cement Construction 33.02 3.28 0.00 2.36
down Page Industries Textiles 97.18 3.34 0.05 2.22
equal MindTree Technology 53.22 4.03 1.45 2.13
equal Natco Pharma Healthcare 60.26 3.84 0.60 2.11
up NUVOCO Vistas Corp. Construction -- 2.11 0.00 2.11
down Bata India FMCG -- 2.26 0.00 2.07
up UTI Asset Management Co. Financial 21.02 2.12 0.00 2.01
up Emami FMCG 43.61 3.48 1.73 2.01

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 31-Oct-2021

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.

Funds Managed:


-0.07%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 20.7280

IDCW: ₹ 20.7210


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

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) --
Minimum 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: 36.35%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 6,737 Cr (As on 31-Oct-2021)
Expense: 1.85% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --
Turnover: 51.00%

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

Email: [email protected]

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

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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