Mirae Asset Multicap Fund Direct Growth

Fund Overview

Fund Size

₹3,459 Cr

Expense Ratio

0.48%

ISIN

INF769K01KK8

Minimum SIP

₹1,000

Exit Load

1.00%

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 1 years, 4 months and 30 days, having been launched on 21-Aug-23.
As of 17-Jan-25, it has a Net Asset Value (NAV) of ₹13.41, Assets Under Management (AUM) of 3458.82 Crores, and an expense ratio of 0.48%.

Mirae Asset Multicap Fund Direct Growth has given a CAGR return of 23.13% since inception.
The fund's asset allocation comprises around 98.83% in equities, 0.00% in debts, and 1.17% 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.

1 Year

+13.64%

+17.16% (Cat Avg.)

Since Inception

+23.13%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Equity	₹3,418.35 Cr	98.83%
Others	₹40.47 Cr	1.17%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹151.92 Cr	4.39%
Axis Bank Ltd	Equity	₹139.76 Cr	4.04%
State Bank of India	Equity	₹98.05 Cr	2.83%
Larsen & Toubro Ltd	Equity	₹74.92 Cr	2.17%
ICICI Bank Ltd	Equity	₹65.97 Cr	1.91%
Tata Consultancy Services Ltd	Equity	₹65.43 Cr	1.89%
Ceat Ltd	Equity	₹64.9 Cr	1.88%
Wipro Ltd	Equity	₹64.16 Cr	1.85%
Tata Power Co Ltd	Equity	₹63.96 Cr	1.85%
Gland Pharma Ltd	Equity	₹59.47 Cr	1.72%
CARE Ratings Ltd	Equity	₹57.24 Cr	1.65%
Delhivery Ltd	Equity	₹56.07 Cr	1.62%
Whirlpool of India Ltd	Equity	₹54.81 Cr	1.58%
Bharti Airtel Ltd	Equity	₹54.68 Cr	1.58%
Lupin Ltd	Equity	₹53.38 Cr	1.54%
Reliance Industries Ltd	Equity	₹51.33 Cr	1.48%
Indian Bank	Equity	₹49.83 Cr	1.44%
Kotak Mahindra Bank Ltd	Equity	₹49.35 Cr	1.43%
Vedanta Ltd	Equity	₹49.21 Cr	1.42%
ITC Ltd	Equity	₹48.91 Cr	1.41%
Treps	Cash - Repurchase Agreement	₹47.35 Cr	1.37%
Tata Motors Ltd	Equity	₹46.24 Cr	1.34%
One97 Communications Ltd	Equity	₹45.8 Cr	1.32%
Zensar Technologies Ltd	Equity	₹44.12 Cr	1.28%
Tata Steel Ltd	Equity	₹43.15 Cr	1.25%
Dr Reddy's Laboratories Ltd	Equity	₹43.14 Cr	1.25%
HDFC Asset Management Co Ltd	Equity	₹43.04 Cr	1.24%
Motherson Sumi Wiring India Ltd	Equity	₹42.95 Cr	1.24%
Cyient Ltd	Equity	₹42.3 Cr	1.22%
Bharat Electronics Ltd	Equity	₹42.26 Cr	1.22%
RPG Life Sciences Ltd	Equity	₹41.41 Cr	1.20%
Avenue Supermarts Ltd	Equity	₹40.32 Cr	1.17%
Go Digit General Insurance Ltd	Equity	₹40.08 Cr	1.16%
Vijaya Diagnostic Centre Ltd	Equity	₹39.8 Cr	1.15%
Arvind Ltd	Equity	₹39.23 Cr	1.13%
LIC Housing Finance Ltd	Equity	₹38.71 Cr	1.12%
Oracle Financial Services Software Ltd	Equity	₹37.93 Cr	1.10%
Jyothy Labs Ltd	Equity	₹37.45 Cr	1.08%
Sai Life Sciences Ltd	Equity	₹36.07 Cr	1.04%
ICICI Prudential Life Insurance Co Ltd	Equity	₹35.84 Cr	1.04%
TeamLease Services Ltd	Equity	₹35.59 Cr	1.03%
Sudarshan Chemical Industries Ltd	Equity	₹35.43 Cr	1.02%
Multi Commodity Exchange of India Ltd	Equity	₹35.4 Cr	1.02%
Afcons Infrastructure Ltd	Equity	₹34.95 Cr	1.01%
Prestige Estates Projects Ltd	Equity	₹34.56 Cr	1.00%
Campus Activewear Ltd	Equity	₹34.48 Cr	1.00%
Bharat Petroleum Corp Ltd	Equity	₹34.34 Cr	0.99%
Gujarat Gas Ltd	Equity	₹34.29 Cr	0.99%
FSN E-Commerce Ventures Ltd	Equity	₹34.27 Cr	0.99%
Indus Towers Ltd Ordinary Shares	Equity	₹34.23 Cr	0.99%
SRF Ltd	Equity	₹33.57 Cr	0.97%
Narayana Hrudayalaya Ltd	Equity	₹33.45 Cr	0.97%
Cummins India Ltd	Equity	₹32.2 Cr	0.93%
Craftsman Automation Ltd	Equity	₹31.9 Cr	0.92%
National Aluminium Co Ltd	Equity	₹31.9 Cr	0.92%
Bharat Bijlee Ltd	Equity	₹31.85 Cr	0.92%
Shriram Finance Ltd	Equity	₹31.78 Cr	0.92%
The Federal Bank Ltd	Equity	₹31.55 Cr	0.91%
Bharat Forge Ltd	Equity	₹31.4 Cr	0.91%
Orient Electric Ltd Ordinary Shares	Equity	₹31.16 Cr	0.90%
Adani Ports & Special Economic Zone Ltd	Equity	₹30.87 Cr	0.89%
Century Plyboards (India) Ltd	Equity	₹30.66 Cr	0.89%
Glenmark Pharmaceuticals Ltd	Equity	₹30.57 Cr	0.88%
ACC Ltd	Equity	₹29.33 Cr	0.85%
InterGlobe Aviation Ltd	Equity	₹29.32 Cr	0.85%
Interarch Building Products Ltd	Equity	₹29.19 Cr	0.84%
Bata India Ltd	Equity	₹28.41 Cr	0.82%
Sobha Ltd	Equity	₹27.93 Cr	0.81%
HCL Technologies Ltd	Equity	₹26.52 Cr	0.77%
Equitas Small Finance Bank Ltd Ordinary Shares	Equity	₹26.51 Cr	0.77%
Ola Electric Mobility Ltd	Equity	₹25.37 Cr	0.73%
Bajaj Finance Ltd	Equity	₹25.05 Cr	0.72%
Power Finance Corp Ltd	Equity	₹24.95 Cr	0.72%
Honasa Consumer Ltd	Equity	₹24.91 Cr	0.72%
Aurobindo Pharma Ltd	Equity	₹24.27 Cr	0.70%
Coal India Ltd	Equity	₹23.3 Cr	0.67%
P N Gadgil Jewellers Ltd	Equity	₹23.29 Cr	0.67%
ACME Solar Holdings Ltd	Equity	₹21.82 Cr	0.63%
Maruti Suzuki India Ltd	Equity	₹20.85 Cr	0.60%
CarTrade Tech Ltd	Equity	₹19.28 Cr	0.56%
Avalon Technologies Ltd	Equity	₹18.71 Cr	0.54%
Birlasoft Ltd	Equity	₹16.37 Cr	0.47%
Syngene International Ltd	Equity	₹15.66 Cr	0.45%
Ganesha Ecosphere Ltd	Equity	₹14.47 Cr	0.42%
Prince Pipes And Fittings Ltd Ordinary Shares	Equity	₹9.24 Cr	0.27%
Net Receivables / (Payables)	Cash	₹-6.88 Cr	0.20%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹945.02 Cr	27.32%
Consumer Cyclical	₹543.01 Cr	15.70%
Industrials	₹448.77 Cr	12.97%
Healthcare	₹377.22 Cr	10.91%
Technology	₹319.05 Cr	9.22%
Basic Materials	₹253.25 Cr	7.32%
Consumer Defensive	₹151.59 Cr	4.38%
Utilities	₹120.07 Cr	3.47%
Energy	₹108.96 Cr	3.15%
Communication Services	₹88.91 Cr	2.57%
Real Estate	₹62.49 Cr	1.81%

Risk & Performance Ratios

Fund Managers

Ankit Jain

Since August 2023

Additional Scheme Detailsas of 31st December 2024

ISIN

INF769K01KK8

Expense Ratio

0.48%

Exit Load

1.00%

Fund Size

₹3,459 Cr

Age

1 year 4 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 Multicap 50:25:25 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 Multi-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Groww Multi Cap Fund Direct Growth Moderately High risk	-	0.0%	-	-
Groww Multi Cap Fund Regular Growth Moderately High risk	-	0.0%	-	-
HSBC Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4495.14 Cr	21.4%
HSBC Multi Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4495.14 Cr	19.8%
Tata Multicap Fund Direct Growth Very High Risk	0.5%	1.0%	₹3156.80 Cr	9.2%
Tata Multicap Fund Regular Growth Very High Risk	1.9%	1.0%	₹3156.80 Cr	7.5%
HDFC S&P BSE 500 ETF Very High Risk	0.3%	-	₹14.89 Cr	11.4%
LIC MF Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹1465.07 Cr	27.0%
LIC MF Multi Cap Fund Regular Growth Very High Risk	2.0%	1.0%	₹1465.07 Cr	25.0%
SBI Multicap Fund Direct Growth Very High Risk	0.9%	1.0%	₹19158.09 Cr	22.1%

About the AMC

Mirae Asset India Mutual Fund

022-6780 0300

https://www.miraeassetmf.co.in/

Total AUM

₹1,99,258 Cr

Address

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

Other Funds by Mirae Asset India Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth High Risk	0.5%	1.0%	₹1782.03 Cr	-
Mirae Asset Great Consumer Fund Direct Growth Very High Risk	0.5%	1.0%	₹4152.25 Cr	15.4%
Mirae Asset Cash Management Direct Growth Low to Moderate Risk	0.1%	0.0%	₹13916.38 Cr	7.4%
Mirae Asset Emerging Bluechip Direct Growth Very High Risk	0.6%	1.0%	₹38335.26 Cr	12.3%
Mirae Asset Large Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹38751.62 Cr	11.8%
Mirae Asset Savings Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1257.37 Cr	8.0%
Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1796.66 Cr	7.8%
Mirae Asset Focused Fund Direct Growth Very High Risk	0.6%	1.0%	₹8191.70 Cr	13.7%
Mirae Asset Dynamic Bond Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹119.28 Cr	8.0%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth Very High Risk	0.7%	0.0%	₹2061.28 Cr	90.2%
Mirae Asset Hybrid Equity Fund Direct Growth Very High Risk	0.4%	1.0%	₹8893.40 Cr	12.8%
Mirae Asset Equity Allocator Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹863.79 Cr	11.6%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹98.26 Cr	9.4%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth Very High Risk	0.7%	0.0%	₹700.67 Cr	63.3%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹806.24 Cr	8.4%
Mirae Asset Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1616.27 Cr	7.9%
Mirae Asset Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2506.83 Cr	15.1%
Mirae Asset Banking and Financial Services Fund Direct Growth Very High Risk	0.6%	1.0%	₹1799.51 Cr	10.5%
Mirae Asset Multicap Fund Direct Growth Very High Risk	0.5%	1.0%	₹3458.82 Cr	13.6%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹109.34 Cr	23.0%
Mirae Asset Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹25021.22 Cr	14.9%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹70.16 Cr	8.6%
Mirae Asset Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹41.76 Cr	8.3%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth Very High Risk	0.7%	0.0%	₹80.99 Cr	46.5%
Mirae Asset Equity Savings Fund Direct Growth Moderately High risk	0.3%	1.0%	₹1360.61 Cr	11.2%
Mirae Asset Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹50.96 Cr	8.4%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹325.74 Cr	35.1%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth Very High Risk	2.0%	1.0%	₹59.48 Cr	11.2%
Mirae Asset Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1005.84 Cr	6.7%
Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹346.22 Cr	8.4%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹253.32 Cr	9.4%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹93.84 Cr	7.7%
Mirae Asset Healthcare Fund Direct Growth Very High Risk	0.5%	1.0%	₹2863.52 Cr	31.1%
Mirae Asset Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹2930.80 Cr	8.1%
Mirae Asset Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹16693.99 Cr	13.7%
Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk	0.7%	1.0%	₹1779.30 Cr	10.9%

Risk Level

Your principal amount will be at Very High Risk

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

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

The NAV of Mirae Asset Multicap Fund Direct Growth, as of 17-Jan-2025, is ₹13.41.

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

The fund's allocation of assets is distributed as 98.83% in equities, 0.00% in bonds, and 1.17% in cash and cash equivalents.

Who manages the Mirae Asset Multicap Fund Direct Growth?

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

Ankit Jain

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.

;

Fund Overview

Fund Size

₹3,459 Cr

Expense Ratio

0.48%

ISIN

INF769K01KK8

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

21 Aug 2023

Risk Level

Your principal amount will be at Very High Risk