Mirae Asset Multicap Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | N/A | N/A | N/A | N/A |
Average Rolling Returns(%) | N/A | N/A | N/A | N/A |
The Current NAV of Mirae Asset Multicap Fund - Regular Plan - Growth is ₹12.34.
It is better to invest in a fund with a longer track record as Mirae Asset Multicap Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 - TRI returns, as Funds portfolio is significantly different.
Mirae Asset Multicap Fund - Regular Plan - Growth fund’s expense ratio is 1.98%
The process for redemption is
The AUM of Mirae Asset Multicap Fund - Regular Plan - Growth is currently ₹2,488 Crores.
The Top three stocks are HDFC Bank, Axis Bank and ICICI Bank and account for 10% of its portfolio. Top 5 and 10 stocks of fund account for 16% and 27% of fund’s portfolio respectively.
Top three sectors of Mirae Asset Multicap Fund - Regular Plan - Growth fund are BFSI, Construction & Infrastructure and Healthcare accounting for 47% 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 - Multi 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 Multicap Fund - Regular Plan - Growth Fund is Equity - Multi Cap Fund.
Ankit Jain manages the Mirae Asset Multicap Fund - Regular Plan - Growth Fund.
Mirae Asset Multicap Fund - Regular Plan - Growth current PE ratio is 32.39 and PB ratio is 5.78
The asset allocation of Mirae Asset Multicap Fund - Regular Plan - Growth is Stocks : 98.85%, Debt : 1.22% and Gold : 0%
The minimum SIP amount for Mirae Asset Multicap Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for Mirae Asset Multicap Fund - Regular Plan - Growth is 1% on or before 365 days, Nil after 365 days