Mirae Asset Multicap Fund - Direct Plan - Growth
Fund Overview
This is a Multi-Cap equity fund designed to generate long-term capital appreciation by investing dynamically across large-, mid-, and small-cap segments.
Key Information
- Launch Date: 21 August 2023
- Benchmark: Nifty 500 Multicap 50:25:25 TRI
- 3-Year CAGR Returns =13.54%
- Exit Load: 1% if redeemed within 1 year; NIL thereafter.
- Risk Level: 🚩 Very High
Explore other funds: Axis ELSS Tax Saver Fund
Key Metrics & Performance
Lump Sum & SIP Performance
Lump Sum Returns (as of 30 Apr 2025)
| Period | Fund Return | Benchmark Return |
|---|---|---|
| 1-Year | 5.79% | 4.57% |
| Since Inception | 17.33% CAGR | 19.22% CAGR |
SIP Performance (₹10k/month)
| Tenure | Invested | Value | XIRR |
|---|---|---|---|
| 6 months | ₹60,000 | ₹64,050 | ~13.0% |
| 1 year | ₹1,20,000 | ₹1,26,980 | ~11.3% |
🔎 SIP return is calculated using the XIRR method to reflect true compounding over time.
Asset & Market Cap Allocation
Allocation by Market Cap
Allocation by Asset Class
Top Holdings & Sector Allocation
Top 10 Stock Holdings
| Stock | Allocation (%) |
|---|---|
| HDFC Bank | 5.48% |
| Axis Bank | 4.76% |
| ICICI Bank | 3.14% |
| Reliance Industries | 2.48% |
| Larsen & Toubro | 2.39% |
| State Bank of India | 2.01% |
| CEAT | 1.99% |
| Delhivery | 1.92% |
| Lupin | 1.84% |
| Tata Power | 1.80% |
Top 10 Sector Allocations
| Sector | Allocation (%) |
|---|---|
| Banks | 26.51% |
| Software | 19.36% |
| Auto | 7.62% |
| Auto Ancillaries | 7.21% |
| Transportation | 5.98% |
| Finance | 5.42% |
| Construction Projects | 5.26% |
| Petroleum Products | 4.33% |
| Pharmaceuticals & Biotech | 2.93% |
| Consumer Durables | 2.75% |
Mirae Asset Multicap Fund Direct Growth vs Peer Comparison
Comparing the fund against its direct peers within the Multicap category.
| Fund Name | 1-Year CAGR (%) | 3-Year CAGR (%) | Expense Ratio (%) |
|---|---|---|---|
| Kotak Standard Multicap Fund | 12.3% | 14.1% | 0.85% |
| Aditya Birla Sun Life Multicap Fund | 12.1% | 14.5% | 1.10% |
| Mirae Asset Multicap Fund | 11.9% | 13.54% | 0.75% |
| Axis Multicap Fund | 11.5% | 13.0% | 0.85% |
| HDFC Multicap Opportunities Fund | 11.2% | 13.4% | 0.90% |
| ICICI Prudential Multicap Fund | 10.8% | 12.5% | 1.00% |
| UTI Multicap Fund | 10.5% | 12.9% | 0.80% |
| Franklin India Flexi Cap Fund | 10.0% | 11.0% | 0.85% |
| L&T India Value Fund | 9.9% | 12.2% | 0.80% |
| SBI Multicap Fund | 9.7% | 11.8% | 0.95% |
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