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Fund Overview

Fund Size

Fund Size

₹3,473 Cr

Expense Ratio

Expense Ratio

0.38%

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 1 years, 2 months and 10 days, having been launched on 21-Aug-23.
As of 30-Oct-24, it has a Net Asset Value (NAV) of ₹13.99, Assets Under Management (AUM) of 3473.13 Crores, and an expense ratio of 0.38%.
  • Mirae Asset Multicap Fund Direct Growth has given a CAGR return of 32.51% since inception.
  • The fund's asset allocation comprises around 99.53% in equities, 0.00% in debts, and 0.47% 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

+37.97%

+41.29% (Cat Avg.)

Since Inception

+32.51%

(Cat Avg.)

Portfolio Summaryas of 30th September 2024

Equity3,456.83 Cr99.53%
Others16.3 Cr0.47%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Axis Bank LtdEquity143.75 Cr4.14%
HDFC Bank LtdEquity135.43 Cr3.90%
State Bank of IndiaEquity103.25 Cr2.97%
Larsen & Toubro LtdEquity97.15 Cr2.80%
Vedanta LtdEquity69.84 Cr2.01%
Delhivery LtdEquity68.84 Cr1.98%
Whirlpool of India LtdEquity68.19 Cr1.96%
Tata Motors LtdEquity65.68 Cr1.89%
Gland Pharma LtdEquity65.62 Cr1.89%
ICICI Bank LtdEquity65.53 Cr1.89%
HCL Technologies LtdEquity65.35 Cr1.88%
Tata Steel LtdEquity63.9 Cr1.84%
RPG Life Sciences LtdEquity61.47 Cr1.77%
Kotak Mahindra Bank LtdEquity60.55 Cr1.74%
Bharti Airtel LtdEquity58.88 Cr1.70%
Tata Power Co LtdEquity58.74 Cr1.69%
Wipro LtdEquity58.41 Cr1.68%
Ceat LtdEquity54.96 Cr1.58%
Indian BankEquity54.65 Cr1.57%
Coal India LtdEquity53.39 Cr1.54%
Reliance Industries LtdEquity52.76 Cr1.52%
Jyothy Labs LtdEquity49.53 Cr1.43%
FSN E-Commerce Ventures LtdEquity45.8 Cr1.32%
Motherson Sumi Wiring India LtdEquity44.88 Cr1.29%
Oracle Financial Services Software LtdEquity44.63 Cr1.29%
Vijaya Diagnostic Centre LtdEquity44.54 Cr1.28%
Sudarshan Chemical Industries LtdEquity42.21 Cr1.22%
InterGlobe Aviation LtdEquity41.97 Cr1.21%
ICICI Prudential Life Insurance Co LtdEquity41.84 Cr1.20%
Maruti Suzuki India LtdEquity41.06 Cr1.18%
Dr Reddy's Laboratories LtdEquity41.01 Cr1.18%
Go Digit General Insurance LtdEquity40.5 Cr1.17%
Tata Consultancy Services LtdEquity40.3 Cr1.16%
Bharat Electronics LtdEquity40.2 Cr1.16%
Bharat Bijlee LtdEquity39.99 Cr1.15%
Indus Towers Ltd Ordinary SharesEquity39.31 Cr1.13%
CARE Ratings LtdEquity38.77 Cr1.12%
Craftsman Automation LtdEquity38.69 Cr1.11%
Cummins India LtdEquity37.43 Cr1.08%
TeamLease Services LtdEquity37.03 Cr1.07%
Century Plyboards (India) LtdEquity36.92 Cr1.06%
Campus Activewear LtdEquity36.31 Cr1.05%
Equitas Small Finance Bank Ltd Ordinary SharesEquity36.13 Cr1.04%
Cyient LtdEquity35.78 Cr1.03%
Gujarat Gas LtdEquity35.56 Cr1.02%
Sobha LtdEquity34.37 Cr0.99%
Lupin LtdEquity34.33 Cr0.99%
GE T&D India LtdEquity34.23 Cr0.99%
Aurobindo Pharma LtdEquity33.24 Cr0.96%
HDFC Asset Management Co LtdEquity33.19 Cr0.96%
Zensar Technologies LtdEquity33.05 Cr0.95%
LIC Housing Finance LtdEquity32.81 Cr0.94%
Arvind LtdEquity31.7 Cr0.91%
Avalon Technologies LtdEquity31.69 Cr0.91%
Dalmia Bharat LtdEquity31.06 Cr0.89%
The Federal Bank LtdEquity31.05 Cr0.89%
Bharat Petroleum Corp LtdEquity30.89 Cr0.89%
Power Finance Corp LtdEquity30.5 Cr0.88%
Page Industries LtdEquity29.81 Cr0.86%
ACC LtdEquity29.5 Cr0.85%
Ola Electric Mobility LtdEquity29.48 Cr0.85%
National Aluminium Co LtdEquity29.44 Cr0.85%
TrepsCash - Repurchase Agreement29.35 Cr0.85%
SRF LtdEquity28.96 Cr0.83%
Prestige Estates Projects LtdEquity28.73 Cr0.83%
One97 Communications LtdEquity27.53 Cr0.79%
Birlasoft LtdEquity26.77 Cr0.77%
Multi Commodity Exchange of India LtdEquity26.76 Cr0.77%
Orient Electric Ltd Ordinary SharesEquity26.43 Cr0.76%
Bata India LtdEquity26.12 Cr0.75%
Interarch Building Products LtdEquity25.09 Cr0.72%
Gateway Distriparks LtdEquity24.58 Cr0.71%
ITC LtdEquity24.29 Cr0.70%
NRB Bearings LtdEquity22.1 Cr0.64%
Timken India LtdEquity21.68 Cr0.62%
P N Gadgil Jewellers LtdEquity20.6 Cr0.59%
Bajaj Finance LtdEquity18.27 Cr0.53%
Prince Pipes And Fittings Ltd Ordinary SharesEquity16.37 Cr0.47%
Flair Writing Industries LtdEquity15.91 Cr0.46%
Net Receivables / (Payables)Cash-13.05 Cr0.38%
CarTrade Tech LtdEquity12.99 Cr0.37%
Ganesha Ecosphere LtdEquity9.06 Cr0.26%
NTPC LtdEquity8.92 Cr0.26%
United Spirits LtdEquity8.57 Cr0.25%

Allocation By Market Cap (Equity)

Large Cap Stocks

42.57%

Mid Cap Stocks

25.59%

Small Cap Stocks

29.20%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services892.99 Cr25.71%
Consumer Cyclical603.87 Cr17.39%
Industrials536.26 Cr15.44%
Basic Materials331.83 Cr9.55%
Technology327.74 Cr9.44%
Healthcare280.22 Cr8.07%
Energy137.05 Cr3.95%
Utilities103.22 Cr2.97%
Communication Services98.19 Cr2.83%
Consumer Defensive82.39 Cr2.37%
Real Estate63.1 Cr1.82%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

13.53%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

1.14

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.20

Higher the better

Fund Managers

Ankit Jain

Ankit Jain

Since August 2023

Additional Scheme Detailsas of 30th September 2024

ISIN
INF769K01KK8
Expense Ratio
0.38%
Exit Load
1.00%
Fund Size
₹3,473 Cr
Age
1 year 2 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

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1Y
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-0.0%--
Groww Multi Cap Fund Regular Growth

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HSBC Multi Cap Fund Direct Growth

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0.6%1.0%₹4239.39 Cr48.9%
HSBC Multi Cap Fund Regular Growth

Very High Risk

1.9%1.0%₹4239.39 Cr46.9%
Tata Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹3365.02 Cr29.0%
Tata Multicap Fund Regular Growth

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1.9%1.0%₹3365.02 Cr26.9%
HDFC S&P BSE 500 ETF

Very High Risk

0.3%-₹14.56 Cr35.6%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹1403.94 Cr46.4%
LIC MF Multi Cap Fund Regular Growth

Very High Risk

2.1%1.0%₹1403.94 Cr44.0%
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About the AMC

Mirae Asset India Mutual Fund

Mirae Asset India Mutual Fund

Total AUM

₹1,97,338 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%₹1704.72 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹4496.23 Cr37.8%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹10348.55 Cr7.5%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹40670.04 Cr35.0%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹42179.27 Cr28.9%
Mirae Asset Savings Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1150.94 Cr8.1%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1533.62 Cr7.9%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8653.39 Cr30.0%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹138.54 Cr8.6%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1462.42 Cr65.1%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹9481.01 Cr28.3%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹896.97 Cr35.0%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹110.61 Cr31.1%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹536.14 Cr43.9%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹759.41 Cr9.2%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1458.90 Cr7.9%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2384.26 Cr33.0%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1882.18 Cr27.7%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹3473.13 Cr38.0%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹121.28 Cr49.9%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹26417.64 Cr36.2%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹69.12 Cr9.6%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹43.00 Cr8.6%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹87.85 Cr45.0%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹1324.70 Cr18.7%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹55.77 Cr8.6%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹316.79 Cr48.7%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹65.07 Cr10.8%
Mirae Asset Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹989.35 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹341.86 Cr8.7%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹262.70 Cr11.0%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹88.51 Cr8.1%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2793.61 Cr54.0%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2772.50 Cr8.2%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹17787.87 Cr39.7%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1770.05 Cr21.8%

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 30-Oct-2024, is ₹13.99.
The fund's allocation of assets is distributed as 99.53% in equities, 0.00% in bonds, and 0.47% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Multicap Fund Direct Growth are:-
  1. Ankit Jain