Mirae asset midcap fund direct growth

This content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed. All comparisons are done with the category average metrics for this category. Mirae Asset Midcap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 26 Apr 2019. Ankit Jain is the Current Fund Manager of Mirae Asset Midcap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,02,128 Cr and the Latest NAV as of 15 Jun 2023 is ₹24.12. The Mirae Asset Midcap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 1% if redeemed within 1 year. ; Investment Objective The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of midcap companies. From time to time, the fund manager may also participate in other Indian equities and equity related securities for optimal portfolio construction. ;

Top Searched Funds: Axis Long Term Equity Fund | SBI Bluechip Fund | Mirae Asset Emerging Bluechip Fund | Nippon India Small Cap Fund | HDFC Balanced Fund | Kotak Standard Multicap Fund | L&T Emerging Business Fund | L&T India Value Fund | Franklin India Smaller Companies Fund | HDFC Midcap Opportunities Fund Registered Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi - 110019, Tel No: 0120-4770-440 Operations Head office: The Hub, 8/2, Sarjapur Main Road, Ambulipura Village, Varthur Hobli, Bengaluru - 560103 SEBI regional office: Jeevan Mangal Building, Hayes Rd, off Residency Rd, Shanthala Nagar, Ashok Nagar, Bengaluru - 560025

A type of equity mutual funds, mid-cap funds predominantly invest in equity shares of companies with a market capitalisation between Rs.5,000 crore and Rs.20,000 crore. These mid-cap companies are ranked from 101 to 250, depending on their market capitalisation. The Securities and Exchange Board of India (SEBI) evaluates and rank these companies. The best mid-cap mutual funds have the potential to produce greater returns than large-cap funds. Fund Name Category Risk 1Y Returns Rating Fund Size(in Cr) Equity Very High 41.5% 5 ₹4,508 Equity Very High 27.1% 5 ₹1,973 Equity Very High 20.9% 5 ₹8,549 Equity Very High 31.4% 4 ₹10,145 Equity Very High 39.8% 4 ₹39,296 Equity Very High 31.0% 4 ₹3,011 Equity Very High 29.8% 4 ₹15,165 Equity Very High 26.8% 4 ₹27,871 Equity Moderately High 24.0% 4 ₹9,748 Equity Very High 24.7% 4 ₹20,805 Equity Very High 27.5% 4 ₹92 Equity Very High 26.1% 3 ₹671 Equity Very High 30.7% 3 ₹1,208 Equity Very High 23.4% 3 ₹3,803 Equity Very High 26.4% 3 ₹7,729 Let’s take a look at the striking characteristics of the top mid-cap mutual funds : Asset allocation: The SEBI mandates mid-cap funds to invest at least 65% of total assets in equity and equity-related securities of mid-cap companies. The rest can be allocated to debt securities. Risk-return ratio: The best mid-cap mutual funds involve a moderate risk-return ratio. They are less risky than small-cap ones. At the same time, mid-cap schemes can generate greater returns and outperform large-cap equity f...

Description DHFL Pramerica Mutual Fund started their mutual fund on 13/05/2010 and its managing total assets of ₹25,191 Cr. Its ranked at 15 as per total assets at end of 30th Sep 2017. Mirae Asset Mutual Fund started their mutual fund on 30/11/2007 and its managing total assets of ₹11,044 Cr. Its ranked at 22 as per total assets at end of 30th Sep 2017.

INVESTMENT OBJECTIVE The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of midcap companies. From time to time, the fund manager may also participate in other Indian equities and equity related securities for optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized. ICICI Mutual Fund | HDFC Mutual Fund | Aditya Birla Sun Life Mutual Fund | Nippon India Mutual Fund | SBI Mutual Fund | UTI Mutual Fund | Kotak Mahindra Mutual Fund | Franklin Templeton Mutual Fund | DSP Mutual Fund | IDFC Mutual Fund | BNP Paribhas Mutual Fund | Canara Robeco Mutual Fund | PGIM India Mutual Fund | Edelweiss Mutual Fund | HSBC Mutual Fund | Union Mutual Fund | Indiabulls Mutual Fund | L&T Mutual Fund | LIC Mutual Fund | Principal Mutual Fund | IIFL Mutual Fund | Sundaram Mutual Fund | Quantum Mutual Fund | Taurus Mutual Fund | Mirae Asset Mutual Fund | Essel Mutual Fund | PPFAS Mutual Fund | Axis Mutual Fund | IDBI Mutual Fund | Baroda Pioneer Mutual Fund | Tata Mutual Fund | JM financial Mutual Fund | Mahindra Mutual Fund | Motilal Oswal Mutual Fund | Invesco Mutual Fund Fund Categories Name of Investment Adviser- MobiKwik Investment Adviser Private Limited (Formerly Harvest Fintech Private Limited) | Address- 18th Floor, Cyber One, Opposite CIDCO Exhibition Centre Sector-30, Vashi, Navi Mumbai, Mumbai. Phone - +91 90...