FAQ : Mirae Asset Multicap Fund - Regular Plan - Growth

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 ₹13.76.

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 500 returns, as Funds portfolio is significantly different.

Mirae Asset Multicap Fund - Regular Plan - Growth fund’s expense ratio is 1.92%

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 Multicap Fund - Regular Plan - Growth is currently ₹3,121 Crores.

The Top three stocks are HDFC Bank, Axis Bank and Larsen & Toubro and account for 11% of its portfolio. Top 5 and 10 stocks of fund account for 15% and 25% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Multicap Fund - Regular Plan - Growth fund are BFSI, Auto and Healthcare 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 - 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 39.46 and PB ratio is 7.16

The asset allocation of Mirae Asset Multicap Fund - Regular Plan - Growth is Stocks : 98.77%, Debt : 1.29% 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

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