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Fund Overview

Fund Size

Fund Size

₹2,779 Cr

Expense Ratio

Expense Ratio

0.42%

ISIN

ISIN

INF769K01KK8

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

21 Aug 2023

About this fund

Mirae Asset Multicap Fund Direct Growth is a Multi-Cap mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 9 months and 28 days, having been launched on 21-Aug-23.
As of 14-Jun-24, it has a Net Asset Value (NAV) of ₹13.38, Assets Under Management (AUM) of 2778.68 Crores, and an expense ratio of 0.42%.
  • Mirae Asset Multicap Fund Direct Growth has given a CAGR return of 33.84% since inception.
  • The fund's asset allocation comprises around 98.58% in equities, 0.00% in debts, and 1.42% in cash & cash equivalents.
  • You can start investing in Mirae Asset Multicap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+33.84%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity2,739.17 Cr98.58%
Others39.51 Cr1.42%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity119.9 Cr4.32%
Axis Bank LtdEquity88.4 Cr3.18%
Larsen & Toubro LtdEquity85.55 Cr3.08%
Kotak Mahindra Bank LtdEquity80.28 Cr2.89%
Reliance Industries LtdEquity75.89 Cr2.73%
ICICI Bank LtdEquity73.57 Cr2.65%
Indian BankEquity59.18 Cr2.13%
NTPC LtdEquity56.2 Cr2.02%
Gland Pharma LtdEquity55.35 Cr1.99%
Tata Motors LtdEquity53.53 Cr1.93%
ITC LtdEquity53.23 Cr1.92%
Vijaya Diagnostic Centre LtdEquity47.63 Cr1.71%
Delhivery LtdEquity45.87 Cr1.65%
Crompton Greaves Consumer Electricals LtdEquity42.91 Cr1.54%
Wipro LtdEquity42.59 Cr1.53%
Ceat LtdEquity41.08 Cr1.48%
TeamLease Services LtdEquity39.32 Cr1.41%
CARE Ratings LtdEquity38.71 Cr1.39%
RPG Life Sciences LtdEquity37.4 Cr1.35%
Tata Steel LtdEquity36.85 Cr1.33%
Bharat Forge LtdEquity36.79 Cr1.32%
Lupin LtdEquity36.36 Cr1.31%
Aurobindo Pharma LtdEquity36.09 Cr1.30%
FSN E-Commerce Ventures LtdEquity35.94 Cr1.29%
Cholamandalam Financial Holdings LtdEquity35.1 Cr1.26%
State Bank of IndiaEquity34.88 Cr1.26%
Dabur India LtdEquity34.11 Cr1.23%
Prestige Estates Projects LtdEquity34.05 Cr1.23%
Birlasoft LtdEquity33 Cr1.19%
Jyothy Labs LtdEquity32.2 Cr1.16%
Equitas Small Finance Bank Ltd Ordinary SharesEquity31.47 Cr1.13%
LIC Housing Finance LtdEquity31.34 Cr1.13%
Bayer CropScience LtdEquity31.3 Cr1.13%
Whirlpool of India LtdEquity31.14 Cr1.12%
ICICI Prudential Life Insurance Company LimitedEquity30.86 Cr1.11%
Fortis Healthcare LtdEquity30.73 Cr1.11%
Timken India LtdEquity29.74 Cr1.07%
Sudarshan Chemical Industries LtdEquity29.67 Cr1.07%
Bharat Petroleum Corp LtdEquity29.04 Cr1.05%
HDFC Asset Management Co LtdEquity29.03 Cr1.04%
Bharti Hexacom LtdEquity28.07 Cr1.01%
Bharti Airtel LtdEquity27.97 Cr1.01%
Campus Activewear LtdEquity27.93 Cr1.01%
Data Patterns (India) LtdEquity27.4 Cr0.99%
Eicher Motors LtdEquity27.27 Cr0.98%
ACC LtdEquity27.05 Cr0.97%
Vedanta LtdEquity27 Cr0.97%
HCL Technologies LtdEquity26.93 Cr0.97%
Tata Consultancy Services LtdEquity26.88 Cr0.97%
GAIL (India) LtdEquity26.69 Cr0.96%
Gateway Distriparks LtdEquity26.45 Cr0.95%
Dr Reddy's Laboratories LtdEquity26.38 Cr0.95%
Cyient LtdEquity26.31 Cr0.95%
Oracle Financial Services Software LtdEquity25.82 Cr0.93%
Motherson Sumi Wiring India LtdEquity25.68 Cr0.92%
The Federal Bank LtdEquity25.58 Cr0.92%
TrepsCash - Repurchase Agreement25.34 Cr0.91%
NRB Bearings LtdEquity25.33 Cr0.91%
Page Industries LtdEquity24.98 Cr0.90%
Bata India LtdEquity24.78 Cr0.89%
Avalon Technologies LtdEquity24.39 Cr0.88%
Craftsman Automation LtdEquity24.36 Cr0.88%
Brigade Enterprises LtdEquity23.57 Cr0.85%
United Spirits LtdEquity23.19 Cr0.83%
Century Plyboards (India) LtdEquity23.03 Cr0.83%
TBO Tek LtdEquity22.96 Cr0.83%
Dalmia Bharat LtdEquity22.24 Cr0.80%
Prince Pipes And Fittings Ltd Ordinary SharesEquity20.89 Cr0.75%
Go Digit General Insurance LtdEquity20.89 Cr0.75%
Fusion Micro Finance LtdEquity20.73 Cr0.75%
Indigo Paints Ltd Ordinary SharesEquity20.42 Cr0.73%
Electronics Mart India LtdEquity19.37 Cr0.70%
Zomato LtdEquity18.61 Cr0.67%
Chemplast Sanmar LtdEquity18.27 Cr0.66%
Arvind LtdEquity17.63 Cr0.63%
Divi's Laboratories LtdEquity17.44 Cr0.63%
Kolte-Patil Developers LtdEquity17.41 Cr0.63%
Cummins India LtdEquity17.1 Cr0.62%
Navin Fluorine International LtdEquity15.31 Cr0.55%
Flair Writing Industries LtdEquity14.51 Cr0.52%
InterGlobe Aviation LtdEquity14.2 Cr0.51%
One97 Communications LtdEquity7.22 Cr0.26%
Net Receivables / (Payables)Cash-4.66 Cr0.17%
Hindalco Industries LtdEquity3.45 Cr0.12%

Allocation By Market Cap (Equity)

Large Cap Stocks

42.79%

Mid Cap Stocks

24.77%

Small Cap Stocks

30.87%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services719.91 Cr25.91%
Consumer Cyclical477.35 Cr17.18%
Industrials370.31 Cr13.33%
Healthcare287.38 Cr10.34%
Basic Materials254.6 Cr9.16%
Technology186.83 Cr6.72%
Consumer Defensive142.73 Cr5.14%
Energy104.94 Cr3.78%
Utilities82.89 Cr2.98%
Real Estate75.03 Cr2.70%
Communication Services56.04 Cr2.02%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

13.38%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

1.13

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.14

Higher the better

Fund Managers

Ankit Jain

Ankit Jain

Since August 2023

Additional Scheme Detailsas of 30th April 2024

ISININF769K01KK8Expense Ratio0.42%Exit Load1.00%Fund Size₹2,779 CrAge21 Aug 2023Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 Multicap 50:25:25 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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1Y
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HSBC Multi Cap Fund Direct Growth

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0.6%1.0%₹3109.33 Cr63.0%
HSBC Multi Cap Fund Regular Growth

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Tata Multicap Fund Direct Growth

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0.3%1.0%₹2913.19 Cr34.7%
Tata Multicap Fund Regular Growth

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HDFC S&P BSE 500 ETF

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LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1051.51 Cr51.3%
LIC MF Multi Cap Fund Regular Growth

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About the AMC

Total AUM

₹1,71,472 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1447.55 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹3409.20 Cr37.3%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹11570.11 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹35272.60 Cr42.4%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹37631.07 Cr26.3%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹616.30 Cr7.5%
Mirae Asset Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹144.98 Cr7.5%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹7920.31 Cr20.3%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹152.53 Cr6.8%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1541.06 Cr51.9%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8563.76 Cr27.3%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹722.32 Cr37.3%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹105.57 Cr29.7%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹541.56 Cr38.9%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹798.39 Cr7.2%
Mirae Asset Ultra Short Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹1622.55 Cr7.6%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1874.54 Cr36.0%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1671.29 Cr28.2%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹2778.68 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹87.16 Cr62.7%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹22620.57 Cr37.9%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.54 Cr7.1%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹47.08 Cr6.8%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹75.88 Cr-0.4%
Mirae Asset Equity Savings Fund Direct Growth

Moderate Risk

0.3%1.0%₹1088.38 Cr18.6%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹58.34 Cr6.8%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹319.61 Cr27.9%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹79.67 Cr-11.6%
Mirae Asset Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹882.62 Cr6.9%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹336.44 Cr7.2%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹228.24 Cr6.9%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹92.60 Cr7.0%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2201.96 Cr52.2%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2074.44 Cr8.7%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹15353.87 Cr52.9%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1589.97 Cr23.2%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Mirae Asset Multicap Fund Direct Growth, as of 14-Jun-2024, is ₹13.38.
The fund's allocation of assets is distributed as 98.58% in equities, 0.00% in bonds, and 1.42% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Multicap Fund Direct Growth are:-
  1. Ankit Jain