Can I invest in SIP and Lumpsum in Mirae Asset Midcap Fund (G) Direct Growth?

Yes, you can invest both lumpsum and SIP in Mirae Asset Midcap Fund (G). Minimum lumpsum investment Mirae Asset Midcap Fund (G) is ₹5,000 and minimum SIP amount is ₹99 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Mirae Asset Midcap Fund (G) Direct Growth?

The latest NAV (Net Asset Value) of Mirae Asset Midcap Fund (G) is Mirae Asset Midcap Fund (G) is ₹30.17 as on 2025-03-07.

Which are the biggest stock holdings of Mirae Asset Midcap Fund (G)?

The 5 biggest stock holdings of Mirae Asset Midcap Fund (G) are: Federal Bank (2.93%), Mphasis (2.77%), Lupin (2.62%), Indian Bank (2.60%), Delhivery (2.43%)

What are the top sectors Mirae Asset Midcap Fund (G) invests in?

A majority of Mirae Asset Midcap Fund (G) 's AUM worth ₹15,460.84 (Cr) is invested in these 3 top sectors: Pharmaceuticals & Biotech : 8.83% Banks : 8.66% Auto Components : 7.58%

Mutual Funds
Mirae Asset Midcap Fund (G)

Mirae Asset Midcap Fund (G)

Mid Cap Fund

Invest Now

NAV
30.17(-0.33%)
Fund Size (CR)
₹15,460.84
Expense Ratio
1.67
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹99
Minimum Withdrawal
₹0
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
21.75%

Absolute Return: -16.84%

Annualized Return: 0%

Basic Details

Scheme Manager

Ankit Jain

Bench Mark

Nifty Midcap 150 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	28 February 2025	10388.35	3.88%	-	3.34%	26/119
1 Month	7 February 2025	9261.51	-7.38%	-	-7.14%	76/119
3 Month	6 December 2024	8329.84	-16.70%	-	-15.79%	93/119
6 Month	6 September 2024	8213.96	-17.86%	-	-15.19%	105/119
1 Year	7 March 2024	9873.37	-1.27%	-1.27%	5.76%	108/119
3 Year	7 March 2022	16028.69	60.29%	17.01%	20.90%	84/103
5 Year	6 March 2020	27781.97	177.82%	22.65%	23.16%	52/95
Since Inception	29 July 2019	30174.00	201.74%	21.75%	18.80%	20/119

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 April 2024	1,20,000	107085.75	-10.76%	-10.76%
3 Year	1 April 2022	3,60,000	423710.15	17.70%	5.58%
5 Year	1 April 2020	6,00,000	936817.23	56.14%	9.32%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.81%

Standard Deviation

0.96%

Beta

0.47%

Sharpe Ratio

-0.03%

Treynor's Ratio

-4.60%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Federal Bank	2.93%	24184806	452.76	Equity	Banks
Mphasis	2.77%	1493111	428.22	Equity	IT - Software
Lupin	2.62%	1949703	405.63	Equity	Pharmaceuticals
Indian Bank	2.60%	7239719	402.35	Equity	Banks
Delhivery	2.43%	11701760	375.69	Equity	Logistics
One 97	2.37%	4714292	365.71	Equity	E-Commerce/App based Aggregator
SRF	2.21%	1218622	342.41	Equity	Chemicals
Tata Comm	2.21%	2094394	342.01	Equity	Telecomm-Service
HDFC AMC	2.12%	847645	328.03	Equity	Finance
Gland Pharma	2.08%	2113841	322.31	Equity	Pharmaceuticals

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Motilal Oswal Midcap Fund-Dir (G)	24488.00	-7.71%	-19.82%	-12.30%	17.56%	31.74%
Motilal Oswal Midcap Fund-Dir (IDCW)	24488.00	-7.71%	-19.82%	-12.30%	17.56%	31.74%
Invesco India Midcap Fund - Direct (G)	5645.33	-7.31%	-16.28%	-11.16%	15.20%	24.80%
Invesco India Midcap Fund - Direct (IDCW)	5645.33	-7.31%	-16.28%	-11.16%	15.20%	24.78%
Edelweiss Mid Cap Fund - Direct (IDCW)	8268.27	-7.58%	-16.61%	-12.85%	12.01%	25.53%

News

Mirae Asset MF announces change in Fund Manager of the following schemes

Mirae Asset Mutual Fund has announced change in Fund Manager of the following schemes with effect from: 14 February, 2025

Change in Fund Manager of the Schemes:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
Mirae Asset Arbitrage Fund	Mr. Jignesh Rao (Equity Portion) Mr. Jigar Sethia (Equity Portion) Mr. Abhishek Iyer (Debt Portion)	Mr. Jignesh Rao (Equity Portion) Mr. Jigar Sethia (Equity Portion) Mr. Amit Modani (Debt Portion)
Mirae Asset Multi Asset Allocation Fund	Mr. Harshad Borawake (Equity Portion) Mr. Amit Modani (Debt Portion) Mr. Siddharth Srivastava (Overseas Investments) Mr. Ritesh Patel (Commodity Investments)	Mr. Harshad Borawake (Equity Portion) Mr. Basant Bafna (Debt Portion) Mr. Siddharth Srivastava (Overseas Investments) Mr. Ritesh Patel (Commodity Investments)

Powered by Capital Market - Live News

Mirae Asset MF announces change in Fund Manager of the following schemes

Mirae Asset Mutual Fund has announced change in Fund Manager of the following scheme with effect from: 05 February, 2025

Change in Fund Manager of the Scheme:

Scheme Name	Existing Fund Manager(s)	Proposed Fund Manager
Mirae Asset Liquid Fund (Formerly known as Mirae Asset Cash Management Fund)	Mr. Amit Modani & Mr. Abhishek Iyer	Mr. Amit Modani
Mirae Asset Overnight Fund	Mr. Abhishek Iyer	Mr. Amit Modani
Mirae Asset Corporate Bond Fund	Mr. Amit Modani	Ms. Kruti Chheta

Powered by Capital Market - Live News

Mirae Asset Mutual Fund announces change in Key Personnel
Mirae Asset Mutual Fund has announced that Ms. Rimmi Jain has been appointed as a Head ' Compliance on the Board of Mirae Asset Company Ltd. With effect from 01 January 2025
Details of Ms. Rimmi Jain,
Age: 37 years
Designation: Head ' Compliance,
Qualification: Bachelor of Commerce, ACS and LLB
Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

8 July 2019

Total AUM (Cr)

₹15460.84

Mirae Asset Midcap Fund (G) is an Mid Cap Fund-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 8 July 2019, this fund is managed by Ankit Jain. With assets under management (AUM) worth ₹15,460.84 (Cr), as of 7 March 2025, Mirae Asset Midcap Fund (G) is categorized as a Mid Cap Fund within its segment. The fund has generated a return of 21.75% since its launch.
The current NAV of Mirae Asset Midcap Fund (G) is ₹30.17, as on 7 March 2025. The fund's benchmark index is Nifty Midcap 150 TRI. You can invest in Mirae Asset Midcap Fund (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹99 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
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. The fund has generated 17.01% and 22.65% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.22% in Equity, 0.66% in Debt and 0.12% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 8.83% in Pharmaceuticals & Biotech, 8.66% in Banks, 7.58% in Auto Components, 7.28% in Consumer Durables, 6.56% in IT-Software

FAQs

How to Invest in Mirae Asset Midcap Fund (G) Direct Growth?

Mirae Asset Midcap Fund (G) is a popular fund in the Mid Cap Fund segment. The fund has generated a return of 21.75% since inception. Looking to invest in Mirae Asset Midcap Fund (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Midcap Fund (G) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Mirae Asset Midcap Fund (G)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset Midcap Fund (G) today and reap the benefits of this Mid Cap Fund fund!

How much returns has Mirae Asset Midcap Fund (G) Direct Growth generated?

In the short term, i.e., 1 year, Mirae Asset Midcap Fund (G) has generated annualised return of -1.27%. In the long-term, the fund has generated 17.01% and 22.65% in 3 and 5 years respectively. Since its inception, the fund has generated 21.75% returns.

What is the expense ratio of Mirae Asset Midcap Fund (G) Direct Growth?

The expense ratio of Mirae Asset Midcap Fund (G) Direct Growth is 1.67%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Mirae Asset Midcap Fund (G) Fund Direct Growth?

The Assets Under Management (AUM) of Mirae Asset Midcap Fund (G) is ₹15,460.84 (Cr) as of 2025-03-07 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mirae Asset Midcap Fund (G) Direct Growth?

Redeeming or selling units of Mirae Asset Midcap Fund (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mirae Asset Midcap Fund (G):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Mirae Asset Midcap Fund (G)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).