The scheme seeks 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.
Exit Load--
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%.
Varun Goel
Mr. Goel has done B.Tech and MBA in Finance & Marketing
Prior to joining Mirae Asset Mutual Fund, he has worked with Nippon India Mutual Fund, Motilal Oswal Asset Management Company Ltd., Karvy Stock Broking and KC Portfolio Management
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mirae Asset Small Cap Fund is ₹12.71 as of 2026-08-28.
Mirae Asset Small Cap Fund is classified as a Small Cap fund.
The Assets Under Management (AUM) of Mirae Asset Small Cap Fund is ₹5,220.93 Cr.
The expense ratio of Mirae Asset Small Cap Fund is 2.14%.
Mirae Asset Small Cap Fund is managed by Varun Goel.
The minimum SIP investment for Mirae Asset Small Cap Fund is ₹99.
As per the SEBI Riskometer, Mirae Asset Small Cap Fund carries a Very High risk level.
Mirae Asset Small Cap Fund has delivered 14.2% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Mirae Asset Small Cap 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.