Mirae Asset Midcap Fund - Regular Plan

Fund House: Mirae Asset Mutual Fund
Category: Equity: Mid Cap
Launch Date: 01-07-2019
Asset Class: Equity
Benchmark: NIFTY Midcap 150 TRI
Expense Ratio: 1.87% As on (31-05-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 7,311.86 Cr As on (31-05-2022)
Turn over: 49% | Exit Load: 1% for redemption within 365 days

19.075

24.98%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY Midcap 150 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
2 Years 2 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

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.

Current Asset Allocation (%)

Indicators

Volatility
Sharp Ratio
Alpha
Beta
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Mirae Asset Midcap Fund - Regular Plan 01-07-2019 2.32 37.14 - - -
Motilal Oswal Midcap 30 Fund (MOF30)-Regular Plan-Growth Option 24-02-2014 18.78 39.2 19.29 10.99 -
SBI Magnum Midcap Fund - Regular Plan - Growth 29-03-2005 7.54 40.0 21.59 11.13 19.68
Quant Mid Cap Fund - Growth Option - Regular Plan 26-02-2001 6.91 42.99 27.31 17.24 14.51
Nippon India Growth Fund-Growth Plan-Growth Option 05-10-1995 5.59 35.9 18.09 12.78 15.91
PGIM India Midcap Opportunities Fund - Regular Plan - Growth Option 05-12-2013 5.54 44.5 29.05 15.54 -
Aditya Birla Sun Life MidCap Fund-Growth 05-10-2002 4.56 33.38 13.79 7.59 15.18
Union Midcap Fund - Regular Plan - Growth Option 23-03-2020 1.46 37.96 - - -
HDFC Mid-Cap Opportunities Fund - Growth Plan 05-06-2007 1.38 32.48 15.97 10.25 17.84
Kotak Emerging Equity Scheme - Growth 30-03-2007 1.23 35.48 19.18 12.61 19.4

Scheme Characteristics

Minimum investment in equity & equity related instruments of mid cap companies - 65% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

13.93%

Others

5.58%

Large Cap

16.77%

Mid Cap

63.73%

Scheme Documents

Factsheet for June 2022

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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