Direct
NAV (18-Jun-25)
₹11.15-0.06%1D
Returns (Since Inception)
11.48%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,580 Cr
Expense Ratio
0.41%
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 4 months and 19 days, having been launched on 31-Jan-25.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹11.15, Assets Under Management (AUM) of 1580.47 Crores, and an expense ratio of 0.41%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹11.15, Assets Under Management (AUM) of 1580.47 Crores, and an expense ratio of 0.41%.
- Mirae Asset Small Cap Fund Direct Growth has given a CAGR return of 11.48% since inception.
- The fund's asset allocation comprises around 98.09% in equities, 0.00% in debts, and 1.91% 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
+11.48%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹1,550.34 Cr | 98.09% |
| Others | ₹30.13 Cr | 1.91% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cholamandalam Financial Holdings Ltd | Equity | ₹46.14 Cr | 2.92% |
| Karur Vysya Bank Ltd | Equity | ₹39.34 Cr | 2.49% |
| Welspun Corp Ltd | Equity | ₹37.16 Cr | 2.35% |
| Sagility India Ltd | Equity | ₹35.75 Cr | 2.26% |
| JK Cement Ltd | Equity | ₹35.35 Cr | 2.24% |
| eClerx Services Ltd | Equity | ₹34.52 Cr | 2.18% |
| Dr. Lal PathLabs Ltd | Equity | ₹33.93 Cr | 2.15% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹32.89 Cr | 2.08% |
| GE Vernova T&D India Ltd | Equity | ₹32.3 Cr | 2.04% |
| Can Fin Homes Ltd | Equity | ₹31.31 Cr | 1.98% |
| Wendt (India) Ltd | Equity | ₹30.75 Cr | 1.95% |
| Atul Ltd | Equity | ₹30.64 Cr | 1.94% |
| Multi Commodity Exchange of India Ltd | Equity | ₹30.29 Cr | 1.92% |
| Treps | Cash - Repurchase Agreement | ₹30.08 Cr | 1.90% |
| Godawari Power & Ispat Ltd | Equity | ₹29.05 Cr | 1.84% |
| Bharat Electronics Ltd | Equity | ₹27.83 Cr | 1.76% |
| K.P.R. Mill Ltd | Equity | ₹27.69 Cr | 1.75% |
| Cohance Lifesciences Ltd | Equity | ₹26.86 Cr | 1.70% |
| ITC Hotels Ltd | Equity | ₹26.3 Cr | 1.66% |
| Narayana Hrudayalaya Ltd | Equity | ₹26.13 Cr | 1.65% |
| Zensar Technologies Ltd | Equity | ₹25.92 Cr | 1.64% |
| Kirloskar Oil Engines Ltd | Equity | ₹25.69 Cr | 1.63% |
| OneSource Specialty Pharma Ltd | Equity | ₹25.33 Cr | 1.60% |
| Sai Life Sciences Ltd | Equity | ₹25.23 Cr | 1.60% |
| Neuland Laboratories Ltd | Equity | ₹25.05 Cr | 1.59% |
| Bharti Airtel Ltd | Equity | ₹24.93 Cr | 1.58% |
| Triveni Turbine Ltd | Equity | ₹24.48 Cr | 1.55% |
| Mankind Pharma Ltd | Equity | ₹24.07 Cr | 1.52% |
| Axis Bank Ltd | Equity | ₹23.84 Cr | 1.51% |
| Brigade Enterprises Ltd | Equity | ₹23.78 Cr | 1.50% |
| Navin Fluorine International Ltd | Equity | ₹23.52 Cr | 1.49% |
| Vesuvius India Ltd | Equity | ₹23.24 Cr | 1.47% |
| Gabriel India Ltd | Equity | ₹23.09 Cr | 1.46% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹23.05 Cr | 1.46% |
| CG Power & Industrial Solutions Ltd | Equity | ₹23 Cr | 1.46% |
| Mirae Asset Nfty SmCp 250 Mmt Qul 100ETF | Mutual Fund - ETF | ₹22.04 Cr | 1.39% |
| ICICI Bank Ltd | Equity | ₹21.98 Cr | 1.39% |
| CarTrade Tech Ltd | Equity | ₹21.95 Cr | 1.39% |
| Timken India Ltd | Equity | ₹21.69 Cr | 1.37% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹21.61 Cr | 1.37% |
| TVS Motor Co Ltd | Equity | ₹21.57 Cr | 1.36% |
| Praj Industries Ltd | Equity | ₹20.87 Cr | 1.32% |
| State Bank of India | Equity | ₹20.58 Cr | 1.30% |
| Mahindra & Mahindra Ltd | Equity | ₹19.85 Cr | 1.26% |
| CARE Ratings Ltd | Equity | ₹19.51 Cr | 1.23% |
| Cera Sanitaryware Ltd | Equity | ₹18.93 Cr | 1.20% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹17.85 Cr | 1.13% |
| Safari Industries (India) Ltd | Equity | ₹17.51 Cr | 1.11% |
| Reliance Industries Ltd | Equity | ₹16.85 Cr | 1.07% |
| Motherson Sumi Wiring India Ltd | Equity | ₹16.18 Cr | 1.02% |
| Bata India Ltd | Equity | ₹16.17 Cr | 1.02% |
| Shriram Finance Ltd | Equity | ₹16.01 Cr | 1.01% |
| Century Plyboards (India) Ltd | Equity | ₹15.36 Cr | 0.97% |
| Fine Organic Industries Ltd Ordinary Shares | Equity | ₹15.26 Cr | 0.97% |
| United Spirits Ltd | Equity | ₹15.18 Cr | 0.96% |
| DCB Bank Ltd | Equity | ₹14.91 Cr | 0.94% |
| Bajaj Finance Ltd | Equity | ₹14.56 Cr | 0.92% |
| Sobha Ltd | Equity | ₹14.38 Cr | 0.91% |
| Britannia Industries Ltd | Equity | ₹14.01 Cr | 0.89% |
| Jyothy Labs Ltd | Equity | ₹13.57 Cr | 0.86% |
| Transport Corp of India Ltd | Equity | ₹13.15 Cr | 0.83% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹13.06 Cr | 0.83% |
| Power Finance Corp Ltd | Equity | ₹12.79 Cr | 0.81% |
| Havells India Ltd | Equity | ₹12.22 Cr | 0.77% |
| Eternal Ltd | Equity | ₹12.17 Cr | 0.77% |
| CMS Info Systems Ltd | Equity | ₹11.62 Cr | 0.73% |
| Orient Electric Ltd Ordinary Shares | Equity | ₹9.24 Cr | 0.58% |
| KFin Technologies Ltd | Equity | ₹8.78 Cr | 0.56% |
| Westlife Foodworld Ltd | Equity | ₹8.73 Cr | 0.55% |
| India Shelter Finance Corporation Ltd | Equity | ₹8.19 Cr | 0.52% |
| Neogen Chemicals Ltd | Equity | ₹7.94 Cr | 0.50% |
| Tega Industries Ltd | Equity | ₹5.64 Cr | 0.36% |
| Net Receivables / (Payables) | Cash | ₹0.05 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
18.81%
Mid Cap Stocks
5.96%
Small Cap Stocks
70.05%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹317.29 Cr | 20.08% |
| Industrials | ₹291.39 Cr | 18.44% |
| Healthcare | ₹276.87 Cr | 17.52% |
| Consumer Cyclical | ₹233.49 Cr | 14.77% |
| Basic Materials | ₹194.28 Cr | 12.29% |
| Technology | ₹92.27 Cr | 5.84% |
| Consumer Defensive | ₹42.77 Cr | 2.71% |
| Real Estate | ₹38.16 Cr | 2.41% |
| Communication Services | ₹24.93 Cr | 1.58% |
| Energy | ₹16.85 Cr | 1.07% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
17.23%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.95
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.58
Higher the better
Fund Managers
Siddharth Srivastava
Since January 2025
VG
Varun Goel
Since January 2025
Additional Scheme Detailsas of 31st May 2025
ISIN | INF769K01NJ4 | Expense Ratio | 0.41% | Exit Load | 1.00% | Fund Size | ₹1,580 Cr | Age | 4 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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  |
|---|---|---|---|---|
| Mirae Asset Small Cap Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹1580.47 Cr | - |
| Mirae Asset Small Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1580.47 Cr | - |
| TrustMF Small Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹970.00 Cr | - |
| TrustMF Small Cap Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹970.00 Cr | - |
| JM Small Cap Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹720.48 Cr | 0.0% |
| JM Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹720.48 Cr | 1.8% |
| Motilal Oswal Nifty Smallcap 250 ETF Very High Risk | 0.3% | - | ₹100.05 Cr | 0.7% |
| Motilal Oswal Small Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹4927.18 Cr | 15.5% |
| Motilal Oswal Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹4927.18 Cr | 17.1% |
| Quantum Small Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹132.10 Cr | 8.7% |
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
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 18-Jun-2025, is ₹11.15.
What is the portfolio composition of Mirae Asset Small Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 98.09% in equities, 0.00% in bonds, and 1.91% 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.
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.