The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of midcap companies. From time to time, the fund manager may also participate in other Indian equities and equity related securities for optimal portfolio construction.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Ankit Jain
Mr. Jain is a B.Tech (ICT) and MBA (Finance).
Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirus Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mirae Asset Midcap Fund is ₹41.14 as of 2026-08-28.
Mirae Asset Midcap Fund is classified as a Mid Cap fund.
The Assets Under Management (AUM) of Mirae Asset Midcap Fund is ₹20,267.63 Cr.
The expense ratio of Mirae Asset Midcap Fund is 2.03%.
Mirae Asset Midcap Fund is managed by Ankit Jain.
The minimum SIP investment for Mirae Asset Midcap Fund is ₹99.
The exit load for Mirae Asset Midcap Fund is 1%.
As per the SEBI Riskometer, Mirae Asset Midcap Fund carries a Very High risk level.
Mirae Asset Midcap Fund has delivered 15.62% (1Y), 17.05% (3Y) and 16.13% (5Y) annualised returns as of 2026-08-28.
Mirae Asset Midcap Fund was launched on 2007-11-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
