Mirae Asset Midcap Fund is the new kid on the block. Since its inception three-and-a-half years back, the newcomer has managed to stay ahead of its benchmark and peers in both bullish and bearish market phases. The AMC's long-term credibility and its CIO Neelesh Surana's expert guidance make this fund a promising investment gateway in mid-caps. Who is it suitable for? Since the fund predominantly invests in the mid-cap space, it is riskier and subject to more volatility than large-cap oriented funds. Hence, it is meant to play a supplementary role in your core equity portfolio, provided you have a high risk appetite, i.e., if you can withstand a high degree of volatility on a day-to-day basis and have an investment horizon of 10 years or more. Investment strategy of the fund Growth at a reasonable price: The fund likes to select growth-oriented businesses at a
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