Mirae Asset Small Cap Fund Direct Growth

Fund Overview

Fund Size

₹1,790 Cr

Expense Ratio

0.42%

ISIN

INF769K01NJ4

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

31 Jan 2025

About this fund

This fund has been in existence for 6 months and 13 days, having been launched on 31-Jan-25.
As of 12-Aug-25, it has a Net Asset Value (NAV) of ₹11.26, Assets Under Management (AUM) of 1789.73 Crores, and an expense ratio of 0.42%.

Mirae Asset Small Cap Fund Direct Growth has given a CAGR return of 12.57% since inception.
The fund's asset allocation comprises around 96.00% in equities, 0.00% in debts, and 4.00% in cash & cash equivalents.
You can start investing in Mirae Asset Small Cap 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

+12.57%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2025

Equity	₹1,718.14 Cr	96.00%
Others	₹71.59 Cr	4.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cholamandalam Financial Holdings Ltd	Equity	₹57.02 Cr	3.19%
Net Receivables / (Payables)	Cash - Collateral	₹47.67 Cr	2.66%
Karur Vysya Bank Ltd	Equity	₹47.47 Cr	2.65%
Multi Commodity Exchange of India Ltd	Equity	₹41.04 Cr	2.29%
JK Cement Ltd	Equity	₹39.55 Cr	2.21%
Can Fin Homes Ltd	Equity	₹39.3 Cr	2.20%
Wendt (India) Ltd	Equity	₹37.99 Cr	2.12%
Sagility India Ltd	Equity	₹37.27 Cr	2.08%
Welspun Corp Ltd	Equity	₹36.72 Cr	2.05%
Krishna Institute of Medical Sciences Ltd	Equity	₹36.42 Cr	2.04%
Kirloskar Oil Engines Ltd	Equity	₹35.64 Cr	1.99%
Dr. Lal PathLabs Ltd	Equity	₹34.93 Cr	1.95%
Triveni Turbine Ltd	Equity	₹34.46 Cr	1.93%
Computer Age Management Services Ltd Ordinary Shares	Equity	₹34.41 Cr	1.92%
eClerx Services Ltd	Equity	₹34.12 Cr	1.91%
GE Vernova T&D India Ltd	Equity	₹34.02 Cr	1.90%
K.P.R. Mill Ltd	Equity	₹32.61 Cr	1.82%
Narayana Hrudayalaya Ltd	Equity	₹32.52 Cr	1.82%
Atul Ltd	Equity	₹32.09 Cr	1.79%
Godawari Power & Ispat Ltd	Equity	₹30.77 Cr	1.72%
Bharat Electronics Ltd	Equity	₹30.5 Cr	1.70%
Cohance Lifesciences Ltd	Equity	₹30.46 Cr	1.70%
OneSource Specialty Pharma Ltd	Equity	₹28.97 Cr	1.62%
Brigade Enterprises Ltd	Equity	₹28.08 Cr	1.57%
Bharti Airtel Ltd	Equity	₹26.99 Cr	1.51%
Navin Fluorine International Ltd	Equity	₹26.6 Cr	1.49%
Zensar Technologies Ltd	Equity	₹26.21 Cr	1.46%
Neuland Laboratories Ltd	Equity	₹26.13 Cr	1.46%
Sai Life Sciences Ltd	Equity	₹25.78 Cr	1.44%
Gabriel India Ltd	Equity	₹24.62 Cr	1.38%
Timken India Ltd	Equity	₹24.28 Cr	1.36%
CarTrade Tech Ltd	Equity	₹24.04 Cr	1.34%
Axis Bank Ltd	Equity	₹23.98 Cr	1.34%
Treps	Cash - Repurchase Agreement	₹23.91 Cr	1.34%
Westlife Foodworld Ltd	Equity	₹23.76 Cr	1.33%
DCB Bank Ltd	Equity	₹23.44 Cr	1.31%
Safari Industries (India) Ltd	Equity	₹23.37 Cr	1.31%
Mirae Asset Nfty SmCp 250 Mmt Qul 100ETF	Mutual Fund - ETF	₹23.27 Cr	1.30%
CG Power & Industrial Solutions Ltd	Equity	₹22.85 Cr	1.28%
Mankind Pharma Ltd	Equity	₹22.63 Cr	1.26%
TVS Motor Co Ltd	Equity	₹22.63 Cr	1.26%
ITC Hotels Ltd	Equity	₹22.25 Cr	1.24%
Praj Industries Ltd	Equity	₹22.13 Cr	1.24%
J.B. Chemicals & Pharmaceuticals Ltd	Equity	₹21.96 Cr	1.23%
Havells India Ltd	Equity	₹21.72 Cr	1.21%
Vesuvius India Ltd	Equity	₹21.65 Cr	1.21%
Mahindra & Mahindra Ltd	Equity	₹21.22 Cr	1.19%
State Bank of India	Equity	₹20.78 Cr	1.16%
Equitas Small Finance Bank Ltd Ordinary Shares	Equity	₹20.51 Cr	1.15%
Cera Sanitaryware Ltd	Equity	₹20.46 Cr	1.14%
Motherson Sumi Wiring India Ltd	Equity	₹20.28 Cr	1.13%
CARE Ratings Ltd	Equity	₹19.43 Cr	1.09%
Reliance Industries Ltd	Equity	₹17.79 Cr	0.99%
Shriram Finance Ltd	Equity	₹17.7 Cr	0.99%
Power Finance Corp Ltd	Equity	₹16.58 Cr	0.93%
Fine Organic Industries Ltd Ordinary Shares	Equity	₹15.98 Cr	0.89%
Century Plyboards (India) Ltd	Equity	₹15.72 Cr	0.88%
Bata India Ltd	Equity	₹15.62 Cr	0.87%
Britannia Industries Ltd	Equity	₹14.88 Cr	0.83%
Bajaj Finance Ltd	Equity	₹14.85 Cr	0.83%
Sobha Ltd	Equity	₹14.71 Cr	0.82%
Jyothy Labs Ltd	Equity	₹13.62 Cr	0.76%
Eternal Ltd	Equity	₹13.49 Cr	0.75%
Transport Corp of India Ltd	Equity	₹13.48 Cr	0.75%
Crompton Greaves Consumer Electricals Ltd	Equity	₹13.14 Cr	0.73%
CMS Info Systems Ltd	Equity	₹11.81 Cr	0.66%
KFin Technologies Ltd	Equity	₹10.96 Cr	0.61%
Tega Industries Ltd	Equity	₹9.28 Cr	0.52%
Orient Electric Ltd Ordinary Shares	Equity	₹9.13 Cr	0.51%
India Shelter Finance Corporation Ltd	Equity	₹8.83 Cr	0.49%
Neogen Chemicals Ltd	Equity	₹7.83 Cr	0.44%
L&T Finance Ltd	Equity	₹6.71 Cr	0.37%
Schloss Bangalore Ltd	Equity	₹6.7 Cr	0.37%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹357.65 Cr	19.98%
Industrials	₹340.27 Cr	19.01%
Healthcare	₹297.07 Cr	16.60%
Consumer Cyclical	₹272.85 Cr	15.25%
Basic Materials	₹205.26 Cr	11.47%
Technology	₹105.71 Cr	5.91%
Real Estate	₹42.8 Cr	2.39%
Consumer Defensive	₹28.49 Cr	1.59%
Communication Services	₹26.99 Cr	1.51%
Energy	₹17.79 Cr	0.99%

Risk & Performance Ratios

Fund Managers

Siddharth Srivastava

Since January 2025

Varun Goel

Since January 2025

Additional Scheme Detailsas of 30th June 2025

ISIN

INF769K01NJ4

Expense Ratio

0.42%

Exit Load

1.00%

Fund Size

₹1,790 Cr

Age

6 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Smallcap 250 TR INR

Investment 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

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Small-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bajaj Finserv Small Cap Fund Direct Growth Very High Risk	-	0.0%	₹1201.14 Cr	-
Bajaj Finserv Small Cap Fund Regular Growth Very High Risk	-	0.0%	₹1201.14 Cr	-
Mirae Asset Small Cap Fund Regular Growth Very High Risk	2.0%	1.0%	₹1789.73 Cr	-
Mirae Asset Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹1789.73 Cr	-
TrustMF Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1051.10 Cr	-
TrustMF Small Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1051.10 Cr	-
JM Small Cap Fund Regular Growth Very High Risk	2.3%	1.0%	₹731.30 Cr	-6.3%
JM Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹731.30 Cr	-4.7%
Motilal Oswal Nifty Smallcap 250 ETF Very High Risk	0.3%	-	₹121.25 Cr	-4.5%
Motilal Oswal Small Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹5294.30 Cr	4.6%
Motilal Oswal Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹5294.30 Cr	6.1%
Quantum Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹149.11 Cr	4.5%
Quantum Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹149.11 Cr	3.1%
Baroda BNP Paribas Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1286.25 Cr	-6.0%
Baroda BNP Paribas Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹1286.25 Cr	-7.2%
Sundaram Emerging Small Cap - Series VI Regular Growth Low Risk	1.3%	0.0%	₹45.47 Cr	7.2%
Sundaram Emerging Small Cap - Series VI Direct Growth Low Risk	0.8%	0.0%	₹45.47 Cr	7.8%
Sundaram Emerging Small Cap - Series VII Regular Growth Low Risk	1.4%	0.0%	₹159.75 Cr	10.9%
Sundaram Emerging Small Cap - Series VII Direct Growth Low Risk	1.0%	0.0%	₹159.75 Cr	11.3%
Sundaram Emerging Small Cap - Series V Regular Growth Low Risk	1.3%	0.0%	₹83.88 Cr	6.9%
Sundaram Emerging Small Cap - Series V Direct Growth Low Risk	0.8%	0.0%	₹83.88 Cr	7.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth Very High Risk	1.2%	0.0%	₹37.34 Cr	2.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Regular Growth Very High Risk	1.4%	0.0%	₹37.34 Cr	2.3%
Union Small Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1671.86 Cr	-2.1%
Union Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1671.86 Cr	-1.0%
HDFC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹36353.10 Cr	3.2%
Kotak Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹17902.58 Cr	-4.7%
ICICI Prudential Smallcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹8497.96 Cr	-0.9%
Nippon India Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹66601.80 Cr	-4.3%
Nippon India Small Cap Fund Regular Growth Very High Risk	1.4%	1.0%	₹66601.80 Cr	-5.0%
Invesco India Smallcap Fund Direct Growth Very High Risk	0.4%	1.0%	₹7580.46 Cr	6.7%
Invesco India Smallcap Fund Regular Growth Very High Risk	1.7%	1.0%	₹7580.46 Cr	5.2%
ICICI Prudential Smallcap Fund Regular Growth Very High Risk	1.8%	1.0%	₹8497.96 Cr	-1.9%
ITI Small Cap Fund Regular Growth Very High Risk	1.9%	0.0%	₹2679.81 Cr	0.9%
ITI Small Cap Fund Direct Growth Very High Risk	0.5%	0.0%	₹2679.81 Cr	2.4%
Mahindra Manulife Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4065.41 Cr	-6.5%
Mahindra Manulife Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹4065.41 Cr	-5.1%
Canara Robeco Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹12982.03 Cr	-4.4%
Canara Robeco Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹12982.03 Cr	-3.3%
Aditya Birla Sun Life Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹5011.46 Cr	-3.9%
DSP Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹17125.76 Cr	-1.9%
UTI Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4780.24 Cr	0.1%
UTI Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4780.24 Cr	1.3%
Tata Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹11163.84 Cr	-3.1%
Aditya Birla Sun Life Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹5011.46 Cr	-3.0%
Tata Small Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹11163.84 Cr	-1.7%
Sundaram Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3393.53 Cr	1.1%
Edelweiss Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹4979.92 Cr	0.5%
Edelweiss Small Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹4979.92 Cr	-0.9%
LIC MF Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹618.13 Cr	-9.2%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Mirae Asset Small Cap Fund Direct Growth?

The NAV of Mirae Asset Small Cap Fund Direct Growth, as of 12-Aug-2025, is ₹11.26.

What is the portfolio composition of Mirae Asset Small Cap Fund Direct Growth?

The fund's allocation of assets is distributed as 96.00% in equities, 0.00% in bonds, and 4.00% in cash and cash equivalents.

Who manages the Mirae Asset Small Cap Fund Direct Growth?

The fund managers responsible for Mirae Asset Small Cap Fund Direct Growth are:-

Siddharth Srivastava
Varun Goel

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹1,790 Cr

Expense Ratio

0.42%

ISIN

INF769K01NJ4

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

31 Jan 2025

Risk Level

Your principal amount will be at Very High Risk