Q: What are the returns of Mirae Asset Multicap Fund?

The Mirae Asset Multicap Fund is a 1 yrs 10 m old fund and has delivered average annual returns of 21.87% since inception. Mirae Asset Multicap Fund Returns 1-Year Since Inception 12.08% 21.87%

Question 1

What is the current NAV of Mirae Asset Multicap Fund?

Accepted Answer

The current Net Asset Value (NAV) of the Mirae Asset Multicap Fund - Direct Growth plan is approximately ₹14.341 as of Jun 05, 2025.

Question 2

What are the returns of Mirae Asset Multicap Fund?

Accepted Answer

The Mirae Asset Multicap Fund is a 1 yrs 10 m old fund and has delivered average annual returns of 21.87% since inception.

Mirae Asset Multicap Fund Returns

1-Year	Since Inception
12.08%	21.87%

Question 3

How much does Mirae Asset Multicap Fund charge as the expense ratio?

Accepted Answer

The Mirae Asset Multicap Fund - Direct Growth has an expense ratio of 0.42%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

Question 4

What is the AUM or size of Mirae Asset Multicap Fund?

Accepted Answer

The Mirae Asset Multicap Fund currently has assets under management (AUM) or fund size valued at approximately ₹3,482 Crs crore as of Mar 31, 2025.

Question 5

What are the top stock holdings of Mirae Asset Multicap Fund?

Accepted Answer

The Mirae Asset Multicap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.48%
Axis Bank Ltd.	4.76%
ICICI Bank Ltd.	3.14%
Reliance Industries Ltd.	2.48%
Larsen & Toubro Ltd.	2.39%
State Bank of India	2.01%
Ceat Ltd.	1.99%
Delhivery Ltd.	1.92%
Lupin Ltd.	1.84%
Tata Power Company Ltd.	1.8%

Question 6

What are the top sectors Mirae Asset Multicap Fund has invested in?

Accepted Answer

The Mirae Asset Multicap Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.48%
Axis Bank Ltd.	4.76%
ICICI Bank Ltd.	3.14%
Reliance Industries Ltd.	2.48%
Larsen & Toubro Ltd.	2.39%
State Bank of India	2.01%
Ceat Ltd.	1.99%
Delhivery Ltd.	1.92%
Lupin Ltd.	1.84%
Tata Power Company Ltd.	1.8%

Question 7

What is the risk level of Mirae Asset Multicap Fund?

Accepted Answer

This is a Multi Cap fund comes with Very High risk.

Question 8

Is there any lock-in period in Mirae Asset Multicap Fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

How do I invest in Mirae Asset Multicap Fund?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset Multicap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mirae Asset Multicap Fund is complete.

Question 10

How can I redeem my investments in Mirae Asset Multicap Fund?

Accepted Answer

Redeeming your investments in Mirae Asset Multicap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mirae Asset Multicap Fund from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.42% as on May 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 365 days.!
AUM (Fund size)	₹3,482 Crs
Lock-in	No Lockin
Age	1 yrs 10 m since Jul 28, 2023
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	This scheme is currently not buyable
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Period	This fund	Category average
1 Month	7.07%	6.61%
3 Months	14.22%	12.56%
6 Months	-0.9%	-2.89%
1 Year	12.08%	10.17%

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Mirae Asset Multicap Fund	N.A.	₹3,482 Crs	1 yrs 10 m	0.42%
Nippon India Multi Cap Fund	N.A.	₹40,261 Crs	12 yrs 5 m	0.74%
Mahindra Manulife Multi Cap Fund	N.A.	₹4,883 Crs	8 yrs 1 m	0.41%
ICICI Prudential Multicap Fund	N.A.	₹14,505 Crs	12 yrs 5 m	0.93%
Baroda BNP Paribas Multi Cap Fund	N.A.	₹2,705 Crs	12 yrs 5 m	0.95%
ITI Multi Cap Fund	N.A.	₹1,165 Crs	6 yrs 1 m	0.46%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Multicap Fund	7.07%	-0.9%	12.08%	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	8.48%	-0.47%	10.46%	28.53%	33.19%	16.11%
Mahindra Manulife Multi Cap Fund	6.27%	-1.79%	10.7%	23.34%	29.48%	14.87%
ICICI Prudential Multicap Fund	4.76%	-0.75%	11.01%	24.88%	27.09%	16.13%
Baroda BNP Paribas Multi Cap Fund	5.78%	-6.44%	8.84%	23.04%	27.85%	15.11%
ITI Multi Cap Fund	9.04%	-3.07%	6.51%	25.07%	22.6%	10.18%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Multicap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	14.43	0.88	1.37	1.99
Mahindra Manulife Multi Cap Fund	15.65	0.96	1.01	1.39
ICICI Prudential Multicap Fund	13.42	0.83	1.24	2.06
Baroda BNP Paribas Multi Cap Fund	14.51	0.89	1.04	1.29
ITI Multi Cap Fund	15.62	0.97	1.09	1.42

Mirae Asset Multicap Fund Direct - Growth

Historical NAV & returns

Mirae Asset Multicap Fund overview

Mirae Asset Multicap Fund Returns calculator

Trailing returns as on Jun 01, 2025

Asset allocationas on Apr 30, 2025

Peer comparison

Key risk & return ratios Compared to other funds in the category

Compare Mirae Asset Multicap Fund in detail with

About this fund

About Mirae Asset Multicap Fund

Fund managers

Investment objective

Mirae Asset Mutual Fund details

More funds from Mirae Asset Mutual Fund

Frequently asked questions

Mirae Asset Multicap Fund Returns

ET Money rank

Fund AUM	₹3,482 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

No. of schemes	43 view all schemes
Total AUM	₹1,90,637 Crs as on Mar 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Mirae Asset Midcap Fund	N.A.	₹15,415 Crs	8.72%	31.14%
Mirae Asset ELSS Tax Saver Fund	N.A.	₹24,774 Crs	11.38%	25.55%
Mirae Asset Large & Midcap Fund	N.A.	₹36,507 Crs	8.15%	25.21%
Mirae Asset Great Consumer Fund	N.A.	₹4,117 Crs	6.87%	25.04%
Mirae Asset Healthcare Fund	N.A.	₹2,683 Crs	19.6%	23.64%
Mirae Asset Focused Fund	N.A.	₹7,650 Crs	15.88%	22.27%

Sector	Percentage of Portfolio
Financial	23.25%
Healthcare	11.900000000000002%
Services	11.48%
Technology	8.07%
Energy	6.199999999999999%
Automobile	5.25%
Construction	5.109999999999999%
Metals & Mining	4.800000000000001%
Consumer Staples	4.2%
Consumer Discretionary	3.91%