Mirae Asset Midcap Fund - Direct (G) logo

Mirae Asset Midcap Fund Direct Growth

NAV ₹41.72 as on 17 Nov 2025

RiskVery High

Fund Size₹18,112.14Cr

NAV₹41.72 as on 17 Nov 2025
RiskVery High
Fund Size₹18,112.14Cr

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Investment Details
Top Rated Funds

Lock-in

No Lock-in

Min One Time Amount

₹5,000

Min Withdrawal Amount

₹-

Min SIP Amount

₹99

Min Additional Amount

₹1,000

Exit Load

15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.

Basic Details

Age

6 years 4 months (Since Jul 29, 2019)

Return since Launch

25.40%

Expense ratio

0.56%

Type

OPEN

AUM (Fund Size)

₹18,112.14

Risk Grade

Very High

Benchmark

Nifty Midcap 150 TRI

Calculate Your Returns
Select Duration
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Returns
Total investment of ₹2,40,000
Would have become ₹61,949 (+209.74%)
Fund Manager

Name:

Ankit Jain

Experience:

Mr. Jain has professional experience of more than 5 years and his primary responsibility includes Investment Analysis & Fund Management. He has been associated with the AMC as a Research Analyst since September 7, 2015. He was previously associted with Equirus Securities Pvt Ltd. and Infosys Ltd.

Asset Allocation
Scheme Holding Summary

Capital Goods-Non Electrical Equipment

Pharmaceuticals

Lupin Ltd

2.97%

Logistics

Telecom-Service

Castings, Forgings & Fastners

Banks

Realty

Automobile

E-Commerce/App based Aggregator

Finance

Consumer Durables

Debt Others

Agro Chemicals

UPL Ltd

0.98%

IT - Software

Cement

Tyres

CEAT Ltd

1.93%

MRF Ltd

1.04%

Steel

Financial Services

BSE Ltd

0.10%

Insurance

Plastic products

Capital Goods - Electrical Equipment

Healthcare

Miscellaneous

Power Generation & Distribution

Leather

FMCG

Refineries

Telecom Equipment & Infra Services

Chemicals

SRF Ltd

1.05%

Gas Distribution

Bearings

SKF India Industrial Ltd

0.82%

Plywood Boards/Laminates

Mutual Fund Units

See All
RiskometerLevel of risk in the scheme
Moderate
High
Low
Very
High

Your investment will be at Very High Risk

Fund house & investment objective
Rank (total assets)#10 in India
Total AUM₹2,15,433.54Cr
Date of Incorporation20 Nov 2006
Mirae Asset Midcap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 29 Jul 2019. The fund currently has an Asset Under Management(AUM) of ₹2,15,433.54 Cr and the Latest NAV as of 17 Nov 2025 is ₹41.72.
The Mirae Asset Midcap Fund Direct Growth is rated Very High. Minimum SIP Investment is set to ₹99 . Minimum Lumpsum Investment is ₹5,000. Exit load of 15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment..
...Read more
Returns and Rankings

Category: Equity Mid Cap Fund

1Y3Y5YAll
Fund returns15.37%6.98%4.79%3.84%
Category average8.32%6.91%4.59%-
Rank within category41711-

FAQ’s

What kind of returns does Mirae Asset Midcap Fund Direct Growth provide?

Mirae Asset Midcap Fund Direct Growth has given a return of 22.42% in the past 3 years.

What is the expense ratio charged by Mirae Asset Midcap Fund Direct Growth?

The Expense Ratio charged by Mirae Asset Midcap Fund Direct Growth is 0.56%.

What is the AUM size of Mirae Asset Midcap Fund Direct Growth?

The AUM size of Mirae Asset Midcap Fund Direct Growth is ₹18,112.14Cr.

What is the minimum SIP amount that you can invest in Mirae Asset Midcap Fund Direct Growth?

₹99 is the minimum SIP amount that you can invest in Mirae Asset Midcap Fund Direct Growth .

What are the top stock holdings of Mirae Asset Midcap Fund Direct Growth?

The top stock holdings of Mirae Asset Midcap Fund Direct Growth include , Cummins India Ltd , Lupin Ltd and Laurus Labs Ltd.

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start building your wealth journey

*By clicking, I agree to the T&C and Whatsapp updates.