- Home
Mirae Asset Midcap Fund - Regular Plan-Growth Option
Mirae Asset Midcap Fund - Regular Plan-Growth Option
Category: Equity: Mid Cap
Launch Date: 01-07-2019
Riskometer: Very High
Asset Class
Equity
Status
Open Ended Schemes
Fund Managers
Ankit Jain
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.
Benchmark
NIFTY Midcap 150 TRI
Expense Ratio
1.67% As on (30-11-2024)
Minimum Investment | Top up
5000.0 | 1000.0
Total Assets
16,694.87 Cr As on (29-11-2024)
Nav Movement
RETURNS CALCULATOR for Mirae Asset Midcap Fund - Regular Plan-Growth Option
Growth of 10000 In SIP (Fund vs Benchmark)
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Rolling Returns
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Key Performance and Risk Statistics of Mirae Asset Midcap Fund - Regular Plan-Growth Option
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Mirae Asset Midcap Fund - Regular Plan-Growth Option | 13.73 | 0.86 | -2.04 | 0.92 | - | - |
| Equity: Mid Cap | - | - | - | - | - | - |
Sectors
| Sector | Holdings (%) |
|---|---|
| Pharmaceuticals & Biotechnology | 9.74 |
| Auto Components | 8.28 |
| Banks | 7.99 |
| Consumer Durables | 7.81 |
| IT - Software | 6.43 |
| Industrial Products | 4.54 |
| Telecom - Services | 4.25 |
| Financial Technology (Fintech) | 3.94 |
| Finance | 3.88 |
| Transport Services | 3.54 |
Portfolio Holdings
| Company | Holdings (%) |
|---|---|
| Indian Bank | 2.93 |
| The Federal Bank Limited | 2.69 |
| Mphasis Limited | 2.52 |
| Lupin Limited | 2.39 |
| Delhivery Limited | 2.35 |
| Cummins India Limited | 2.34 |
| Oracle Financial Services Software Limited | 2.22 |
| Gland Pharma Limited | 2.2 |
| One 97 Communications Limited | 2.19 |
| Indus Towers Limited | 2.13 |