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Mirae Asset Small Cap Fund - Direct Plan - Growth
★★★★★ monitor_heart Health Score: 72/100 · GoodMirae Asset Mutual Fund · Equity · Small Cap
₹12.31
AUM: ₹4,380 Cr
NAV updated 14 days ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
0.68%
Exit Load
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.
Fund Manager
Siddharth Srivastava
Inception
Jan 2025
Benchmark
NIFTY Smallcap 250 Total Return Index
Sharpe Ratio
0.23
Std Dev (1Y)
15.67%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+8.78%
3m
+10.8%
6m
+9.0%
1y
+7.95%
3y
—
5y
—
10y
—
since inception
+16.56%
rate_review TopFund's Take on Mirae Asset Small Cap Fund - Direct Plan - Growth
Mirae Asset Small Cap Fund - Direct Plan - Growth holds up reasonably well within the Small Cap category, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 72/100.
Cost: At 0.68%, the expense ratio is meaningfully cheaper — about 16% below the Small Cap category average of 0.81% (based on 173 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.23 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 15.67% is fairly typical for actively managed equity funds.
Who should invest: This fund is best suited to investors with a 7-10 year horizon who can stomach 30-40% drawdowns in a bad year in exchange for higher long-term growth potential. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset Small Cap Fund - Direct Plan - Growth
The current NAV (Net Asset Value) of Mirae Asset Small Cap Fund - Direct Plan - Growth is ₹12.31. NAV is updated every business day after market close by AMFI.
1Y: 7.95%
The expense ratio is 0.68% per annum — the annual fee deducted from your investment to cover fund management costs.
Mirae Asset Small Cap Fund - Direct Plan - Growth is managed by Siddharth Srivastava at Mirae Asset Mutual Fund.
Mirae Asset Small Cap Fund - Direct Plan - Growth is a Very High risk fund. Suitable for aggressive investors with a 5+ year horizon.
Yes, Mirae Asset Small Cap Fund - Direct Plan - Growth is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
The Assets Under Management (AUM) of Mirae Asset Small Cap Fund - Direct Plan - Growth is ₹4,381 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.