Mirae Asset Small Cap Fund

Q: How much does this mutual fund charge as expense ratio?

The Mirae Asset Small Cap Fund has an expense ratio of 1.89% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹11.578-0.05% 1 day change	14.94%	App exclusive #NA View Ranked Funds	₹2,729 Cr

Historical NAV & returns

NAV: ₹11.578 as on Dec 04, 2025

This fund Category average

Mirae Asset Small Cap Fund overview

AUM (Fund size)	₹2,729 Cr
Exit load	1.0% Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.!
Lock-in Period	Nil
Age	11 m since Jan 10, 2025
Benchmark	NIFTY Smallcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	1.89% as on Nov 30, 2025
Plan type	Regular
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, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mirae Asset Small Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Dec 01, 2025

Period	This fund	Category average
1 Month	-2.95%	-1.35%
3 Months	1.82%	-0.36%
6 Months	6.54%	-0.07%

Asset allocationas on Oct 31, 2025

Large Cap 14.83%

Mid Cap 12.68%

Small Cap 67.36%

Other Cap 0%

Top holdings

Karur Vysya Bank Ltd.3.12%

Cholamandalam Financial Holdings Ltd.2.98%

Godawari Power And Ispat Ltd.2.43%

Welspun Corp Ltd.2.43%

Top sectors

Financial 16.759999999999998%

Services 13.460000000000003%

Healthcare 13.44%

Capital Goods 9.42%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 5.95876167%

Mutual Fund 0.80765425%

Other Holdings

Others 5.96%

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF - Growth 0.81%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Small Cap Fund	-2.95%	6.54%	N.A.	N.A.	N.A.	N.A.
Nippon India Small Cap Fund	-2.61%	1.0%	-5.95%	20.49%	28.66%	19.86%
Bandhan Small Cap Fund	-2.98%	2.82%	-1.67%	29.06%	27.45%	16.74%
Tata Small Cap Fund	-5.48%	-4.83%	-13.39%	15.41%	24.43%	14.05%
Invesco India Smallcap Fund	-1.87%	4.1%	-1.0%	23.71%	27.35%	15.44%
Quant Small Cap Fund	-2.46%	2.22%	-6.55%	20.87%	30.48%	19.25%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Small Cap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Small Cap Fund	16.59	0.85	0.87	1.26
Bandhan Small Cap Fund	18.02	0.92	1.2	1.9
Tata Small Cap Fund	16.32	0.8	0.61	0.88
Invesco India Smallcap Fund	16.3	0.81	1.06	1.3
Quant Small Cap Fund	17.44	0.87	0.86	1.39

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Small Cap Fund	N.A.	2,729 Cr	11 m	1.89%
Nippon India Small Cap Fund	N.A.	68,969 Cr	15 yrs 3 m	1.39%
Bandhan Small Cap Fund	N.A.	17,380 Cr	5 yrs 10 m	1.63%
Tata Small Cap Fund	N.A.	11,792 Cr	7 yrs 1 m	1.68%
Invesco India Smallcap Fund	N.A.	9,000 Cr	7 yrs 2 m	1.71%
Quant Small Cap Fund	N.A.	30,504 Cr	29 yrs 2 m	1.59%

View all Small Cap funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Mirae Asset Small Cap Fund in detail with

About this fund

About Mirae Asset Small Cap Fund

Mirae Asset Small Cap Fund is a Small Cap mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 11 m, having been launched on 10/01/2025. Mirae Asset Small Cap Fund has ₹2,729 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Small Cap Fund as of 04/12/2025 is ₹11.58. The fund has an expense ratio of 1.89%, which is higher than what most other Small Cap funds charge.

The fund has the majority of its money invested in Financial, Services, Healthcare, Capital Goods, Metals & Mining sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in Karur Vysya Bank Ltd., Cholamandalam Financial Holdings Ltd., Godawari Power And Ispat Ltd., Welspun Corp Ltd., Motherson Sumi Wiring India Ltd..

...

Fund AUM	2,729 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

Fund managers

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

Investment objective

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.

Mirae Asset Mutual Fund details

No. of schemes	47 view all schemes
Total AUM	2,15,434 Cr as on Sep 30, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mirae Asset NYSE FANG+ ETF FoF	N.A.	2,463 Cr	49.9%	N.A.
Mirae Asset Midcap Fund	N.A.	18,112 Cr	6.45%	23.09%
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF	N.A.	407 Cr	36.24%	N.A.
Mirae Asset S&P 500 Top 50 ETF FoF	N.A.	781 Cr	25.98%	N.A.
Mirae Asset Great Consumer Fund	N.A.	4,769 Cr	2.45%	19.27%
Mirae Asset Large & Midcap Fund	N.A.	42,981 Cr	5.52%	18.48%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Small Cap Fund?

The current Net Asset Value (NAV) of the Mirae Asset Small Cap Fund plan is approximately ₹11.578 as of Dec 04, 2025.

How much does this mutual fund charge as expense ratio?

The Mirae Asset Small Cap Fund has an expense ratio of 1.89%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately 2,729 Cr as on Oct 31, 2025.

What are the top stock holdings of Mirae Asset Small Cap Fund?

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

Company	Percentage of Portfolio
Karur Vysya Bank Ltd.	3.12%
Cholamandalam Financial Holdings Ltd.	2.98%
Godawari Power And Ispat Ltd.	2.43%
Welspun Corp Ltd.	2.43%
Motherson Sumi Wiring India Ltd.	1.98%
Narayana Hrudayalaya Ltd.	1.97%
Navin Fluorine International Ltd.	1.96%
Multi Commodity Exchange Of India Ltd.	1.93%
Can Fin Homes Ltd.	1.93%
Dr. Lal Pathlabs Ltd.	1.89%

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

The Mirae Asset Small Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	16.759999999999998%
Services	13.460000000000003%
Healthcare	13.44%
Capital Goods	9.42%
Metals & Mining	6.290000000000001%
Consumer Discretionary	5.839999999999999%
Automobile	5.469999999999999%
Construction	4.4399999999999995%
Chemicals	4.42%
Materials	3.73%

What is risk level of Mirae Asset Small Cap Fund?

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

Is there any lock-in period in this mutual fund?

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

How can I redeem my investments in Mirae Asset Small Cap Fund?

Redeeming your investments in the Mirae Asset Small Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

in Small Cap

#NA

Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.