Historical NAV & Returns
About Mirae Asset Small Cap Fund Direct Growth
Mirae Asset Small Cap Fund Direct Growth is an equity fund. This fund was started on 31 January, 2025. The fund is managed by Siddharth Srivastava. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mirae Asset Small Cap Fund Direct Growth has ₹1054 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Mirae Asset Small Cap Fund Direct Growth has given a CAGR return of -1.66% since inception.
Holdings
Mirae Asset Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Health, Basic Materials, Tech, Consumer Defensive, Real Estate, Communication, Energy, Utilities. Its top holdings are Cholamandalam Financial Holdings Ltd, ITC Hotels Ltd, Karur Vysya Bank Ltd, Multi Commodity Exchange of India Ltd, Dr. Lal PathLabs Ltd
Taxation
As it is a small-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Mirae Asset Small Cap Fund Direct Growth
The investment objective of the scheme is to generate capital appreciation by investing predominantly in small cap stocks. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Small Cap Fund Direct Growth has no lock in period.
Mirae Asset Small Cap Fund Direct Growth Overview
| Expense ratio | 0.41% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹1054 Cr |
| Inception Date | 31 January, 2025 |
| Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (02-Apr-25)
Fund Distribution
as on (28-Feb-25)
Top Growth Drivers | 1M Return |
|---|---|
OneSource Specialty Pharma Ltd | 32.1% |
 Krishna Institute of Medical Sciences Ltd | 23.3% |
 ITC Hotels Ltd | 22.3% |
Mirae Asset Small Cap Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹1054 Cr
Expense Ratio 0.41%
More funds from Mirae
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
3Y CAGR
▲ 32.17
Mirae Asset Healthcare Fund Direct Growth
5Y CAGR
▲ 29.84
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
3Y CAGR
▲ 17.54
Mirae Asset Great Consumer Direct Plan Growth
5Y CAGR
▲ 27.11
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
3Y CAGR
▲ 16.60
Frequently Asked Questions for Mirae Asset Small Cap Fund Direct Growth
Mirae Asset Small Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.83% | 7.83% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Small Cap Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Small Cap Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Small Cap Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Small Cap Fund Direct Growth | - | - | - |