FAQ : Mirae Asset Midcap Fund - Regular Plan - Growth

Mirae Asset Midcap Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 46.89 23.04 N/A N/A
Average Rolling Returns(%) 34.45 29.56 N/A N/A

The Current NAV of Mirae Asset Midcap Fund - Regular Plan - Growth is ₹31.27.

It is better to invest in a fund with a longer track record as Mirae Asset Midcap Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty Midcap 100 returns, as Funds portfolio is significantly different.

Mirae Asset Midcap Fund - Regular Plan - Growth fund’s expense ratio is 1.68%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Mirae Asset Midcap Fund - Regular Plan - Growth is currently ₹14,252 Crores.

The Top three stocks are Federal Bank, Prestige EstatesProj and Delhivery and account for 9% of its portfolio. Top 5 and 10 stocks of fund account for 14% and 26% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Midcap Fund - Regular Plan - Growth fund are BFSI, Healthcare and Construction & Infrastructure accounting for 46% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Mid Cap Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset Midcap Fund - Regular Plan - Growth Fund is Equity - Mid Cap Fund.

Ankit Jain manages the Mirae Asset Midcap Fund - Regular Plan - Growth Fund.

Mirae Asset Midcap Fund - Regular Plan - Growth current PE ratio is 37.39 and PB ratio is 7.78

The asset allocation of Mirae Asset Midcap Fund - Regular Plan - Growth is Stocks : 98.38%, Debt : 1.65% and Gold : 0%

The minimum SIP amount for Mirae Asset Midcap Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Midcap Fund - Regular Plan - Growth is N/A

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