Investment type
Mirae Asset Midcap Fund - Direct (G) is a mutual fund under the High Risk-High Return category, managed by Mirae Asset Mutual Fund. It was launched on 20 Nov 2006, and has been active for over 19 years. As of 30 Jun 2025 the fund manages assets worth ₹16,337 Crores. The expense ratio is 0.57%.
This fund generated returns of 4.56% in the last 1 year. Since its inception, it has provided an average annual return of 26.01%.
The fund's investments are mainly concentrated in sectors like Banks, Auto Components, Pharmaceuticals & Biotech, Consumer Durables and IT-Software.
The top five holdings in this fund include prominent companies such as Lupin, Mphasis, Tata Comm, Delhivery and Bharat Forge.
The investment objective of the scheme is 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. There is no assurance that the investment objective of the Scheme will be realized.
Yes, these funds are high-risk as they invest in volatile markets or sectors with the potential for large price swings.
Yes, if you have a high tolerance for risk and are aiming for significant growth.
Long-term investment, usually over five years, is recommended to ride out market volatility.
Yes, but frequent withdrawals may reduce your chances of benefiting from potential gains.
Expense ratios are moderate to high, often between 1% and 2%, due to active management.
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