Fund Overview
Fund Size
₹3,345 Cr
Expense Ratio
1.87%
ISIN
INF769K01KH4
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
21 Aug 2023
About this fund
Mirae Asset Multicap Fund Regular Growth is a Multi-Cap mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 1 years and 17 days, having been launched on 21-Aug-23.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹14.29, Assets Under Management (AUM) of 3345.49 Crores, and an expense ratio of 1.87%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹14.29, Assets Under Management (AUM) of 3345.49 Crores, and an expense ratio of 1.87%.
- Mirae Asset Multicap Fund Regular Growth has given a CAGR return of 40.84% since inception.
- The fund's asset allocation comprises around 99.13% in equities, 0.00% in debts, and 0.87% in cash & cash equivalents.
- You can start investing in Mirae Asset Multicap Fund Regular 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
+37.85%
+43.86% (Cat Avg.)
Since Inception
+40.84%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹3,316.33 Cr | 99.13% |
| Others | ₹29.16 Cr | 0.87% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹142.03 Cr | 4.25% |
| Axis Bank Ltd | Equity | ₹116.58 Cr | 3.48% |
| Larsen & Toubro Ltd | Equity | ₹96.55 Cr | 2.89% |
| Gland Pharma Ltd | Equity | ₹78.25 Cr | 2.34% |
| Kotak Mahindra Bank Ltd | Equity | ₹71.32 Cr | 2.13% |
| Reliance Industries Ltd | Equity | ₹66.7 Cr | 1.99% |
| Tata Motors Ltd | Equity | ₹65.83 Cr | 1.97% |
| Bharti Airtel Ltd | Equity | ₹64.05 Cr | 1.91% |
| Whirlpool of India Ltd | Equity | ₹63.87 Cr | 1.91% |
| Indian Bank | Equity | ₹63.49 Cr | 1.90% |
| Wipro Ltd | Equity | ₹62.73 Cr | 1.88% |
| ICICI Bank Ltd | Equity | ₹62.54 Cr | 1.87% |
| NTPC Ltd | Equity | ₹58.05 Cr | 1.74% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹56.25 Cr | 1.68% |
| Tata Steel Ltd | Equity | ₹54.94 Cr | 1.64% |
| Tata Consultancy Services Ltd | Equity | ₹52.95 Cr | 1.58% |
| RPG Life Sciences Ltd | Equity | ₹51.32 Cr | 1.53% |
| Vedanta Ltd | Equity | ₹49.93 Cr | 1.49% |
| HCL Technologies Ltd | Equity | ₹49.91 Cr | 1.49% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹49.12 Cr | 1.47% |
| Delhivery Ltd | Equity | ₹48.12 Cr | 1.44% |
| Ceat Ltd | Equity | ₹46.84 Cr | 1.40% |
| Jyothy Labs Ltd | Equity | ₹46.76 Cr | 1.40% |
| ITC Ltd | Equity | ₹45.54 Cr | 1.36% |
| FSN E-Commerce Ventures Ltd | Equity | ₹45.19 Cr | 1.35% |
| Prestige Estates Projects Ltd | Equity | ₹44.46 Cr | 1.33% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹43.89 Cr | 1.31% |
| Bharat Bijlee Ltd | Equity | ₹42.72 Cr | 1.28% |
| Lupin Ltd | Equity | ₹42.21 Cr | 1.26% |
| TeamLease Services Ltd | Equity | ₹41.62 Cr | 1.24% |
| Dr Reddy's Laboratories Ltd | Equity | ₹41.06 Cr | 1.23% |
| Bayer CropScience Ltd | Equity | ₹41.04 Cr | 1.23% |
| Oracle Financial Services Software Ltd | Equity | ₹41.01 Cr | 1.23% |
| State Bank of India | Equity | ₹41.01 Cr | 1.23% |
| Craftsman Automation Ltd | Equity | ₹39.32 Cr | 1.18% |
| InterGlobe Aviation Ltd | Equity | ₹39.21 Cr | 1.17% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹38.98 Cr | 1.17% |
| Maruti Suzuki India Ltd | Equity | ₹38.04 Cr | 1.14% |
| LIC Housing Finance Ltd | Equity | ₹38 Cr | 1.14% |
| CARE Ratings Ltd | Equity | ₹37.98 Cr | 1.14% |
| Go Digit General Insurance Ltd | Equity | ₹37.69 Cr | 1.13% |
| Fortis Healthcare Ltd | Equity | ₹37.49 Cr | 1.12% |
| Treps | Cash - Repurchase Agreement | ₹36.99 Cr | 1.11% |
| Bharat Forge Ltd | Equity | ₹36.98 Cr | 1.11% |
| Coal India Ltd | Equity | ₹36.05 Cr | 1.08% |
| Sudarshan Chemical Industries Ltd | Equity | ₹35.38 Cr | 1.06% |
| ACC Ltd | Equity | ₹34.13 Cr | 1.02% |
| United Spirits Ltd | Equity | ₹34.08 Cr | 1.02% |
| Multi Commodity Exchange of India Ltd | Equity | ₹34.04 Cr | 1.02% |
| Campus Activewear Ltd | Equity | ₹33.54 Cr | 1.00% |
| Cyient Ltd | Equity | ₹33.42 Cr | 1.00% |
| Motherson Sumi Wiring India Ltd | Equity | ₹33.27 Cr | 0.99% |
| Aurobindo Pharma Ltd | Equity | ₹32.64 Cr | 0.98% |
| Timken India Ltd | Equity | ₹32.11 Cr | 0.96% |
| Sobha Ltd | Equity | ₹31.89 Cr | 0.95% |
| The Federal Bank Ltd | Equity | ₹31.79 Cr | 0.95% |
| GAIL (India) Ltd | Equity | ₹31.48 Cr | 0.94% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹31.16 Cr | 0.93% |
| Cummins India Ltd | Equity | ₹30.15 Cr | 0.90% |
| Birlasoft Ltd | Equity | ₹29.99 Cr | 0.90% |
| Dalmia Bharat Ltd | Equity | ₹29.73 Cr | 0.89% |
| Avalon Technologies Ltd | Equity | ₹29.72 Cr | 0.89% |
| Gateway Distriparks Ltd | Equity | ₹29.58 Cr | 0.88% |
| Page Industries Ltd | Equity | ₹29.46 Cr | 0.88% |
| Bata India Ltd | Equity | ₹28.96 Cr | 0.87% |
| NRB Bearings Ltd | Equity | ₹26.36 Cr | 0.79% |
| Orient Electric Ltd Ordinary Shares | Equity | ₹25.89 Cr | 0.77% |
| Century Plyboards (India) Ltd | Equity | ₹25.1 Cr | 0.75% |
| Arvind Ltd | Equity | ₹24.52 Cr | 0.73% |
| HDFC Asset Management Co Ltd | Equity | ₹23.54 Cr | 0.70% |
| Prince Pipes And Fittings Ltd Ordinary Shares | Equity | ₹23.07 Cr | 0.69% |
| Bharat Electronics Ltd | Equity | ₹22.95 Cr | 0.69% |
| Zensar Technologies Ltd | Equity | ₹21.61 Cr | 0.65% |
| Fusion Finance Ltd | Equity | ₹19.98 Cr | 0.60% |
| One97 Communications Ltd | Equity | ₹19.77 Cr | 0.59% |
| Power Finance Corp Ltd | Equity | ₹19.49 Cr | 0.58% |
| Bharat Petroleum Corp Ltd | Equity | ₹18.73 Cr | 0.56% |
| Flair Writing Industries Ltd | Equity | ₹16.46 Cr | 0.49% |
| TBO Tek Ltd | Equity | ₹14.97 Cr | 0.45% |
| SRF Ltd | Equity | ₹9.79 Cr | 0.29% |
| Net Receivables / (Payables) | Cash | ₹-7.83 Cr | 0.23% |
Allocation By Market Cap (Equity)
Large Cap Stocks
42.91%
Mid Cap Stocks
25.46%
Small Cap Stocks
29.19%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹863.63 Cr | 25.81% |
| Consumer Cyclical | ₹538.06 Cr | 16.08% |
| Industrials | ₹470.92 Cr | 14.08% |
| Healthcare | ₹339.22 Cr | 10.14% |
| Technology | ₹307.68 Cr | 9.20% |
| Basic Materials | ₹280.03 Cr | 8.37% |
| Consumer Defensive | ₹126.38 Cr | 3.78% |
| Energy | ₹121.48 Cr | 3.63% |
| Communication Services | ₹103.03 Cr | 3.08% |
| Utilities | ₹89.54 Cr | 2.68% |
| Real Estate | ₹76.35 Cr | 2.28% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
13.52%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
1.17
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.25
Higher the better
Fund Managers
Ankit Jain
Since August 2023
Additional Scheme Detailsas of 31st July 2024
ISIN | INF769K01KH4 | Expense Ratio | 1.87% | Exit Load | 1.00% | Fund Size | ₹3,345 Cr | Age | 21 Aug 2023 | 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:
- 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 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% | ₹3865.61 Cr | 54.0% |
| HSBC Multi Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3865.61 Cr | 51.9% |
| Tata Multicap Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹3279.00 Cr | 32.5% |
| Tata Multicap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3279.00 Cr | 30.4% |
| HDFC S&P BSE 500 ETF Very High Risk | 0.3% | - | ₹15.70 Cr | 38.2% |
| LIC MF Multi Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1290.16 Cr | 49.2% |
| LIC MF Multi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1290.16 Cr | 46.7% |
| SBI Multicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹18448.66 Cr | 36.8% |
About the AMC
Total AUM
₹1,93,693 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Mirae Asset Multicap Fund Regular Growth?
The NAV of Mirae Asset Multicap Fund Regular Growth, as of 05-Sep-2024, is ₹14.29.
What is the portfolio composition of Mirae Asset Multicap Fund Regular Growth?
The fund's allocation of assets is distributed as 99.13% in equities, 0.00% in bonds, and 0.87% in cash and cash equivalents.
Who manages the Mirae Asset Multicap Fund Regular Growth?
The fund managers responsible for Mirae Asset Multicap Fund Regular 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.
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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.