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 1.93% , 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 Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹11.606+0.76% 1 day change	16.15%	App exclusive #NA View Ranked Funds	₹2,414 Cr

Historical NAV & returns

NAV: ₹11.606 as on Oct 20, 2025

This fund Category average

Mirae Asset Small Cap Fund overview

AUM (Fund size)	₹2,414 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	9 m since Jan 10, 2025
Benchmark	NIFTY Smallcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	1.93% as on Sep 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 Oct 24, 2025

Period	This fund	Category average
1 Month	2.0%	1.12%
3 Months	2.79%	0.57%
6 Months	14.66%	11.6%

Asset allocationas on Sep 30, 2025

Large Cap 15.69%

Mid Cap 13%

Small Cap 66.4%

Other Cap 0%

Top holdings

Karur Vysya Bank Ltd.3.06%

Cholamandalam Financial Holdings Ltd.2.99%

Godawari Power And Ispat Ltd.2.33%

Welspun Corp Ltd.2.19%

Top sectors

Financial 16.76%

Healthcare 13.86%

Services 13.69%

Capital Goods 10.18%

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 5.8124137%

Mutual Fund 0.88644027%

Other Holdings

Others 5.81%

Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF - Growth 0.89%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Small Cap Fund	2.0%	14.66%	N.A.	N.A.	N.A.	N.A.
Nippon India Small Cap Fund	1.07%	10.31%	0.27%	22.87%	32.7%	20.54%
Bandhan Small Cap Fund	1.91%	13.35%	7.3%	30.71%	30.75%	16.92%
Tata Small Cap Fund	-1.87%	7.64%	-4.39%	19.87%	29.2%	14.7%
Invesco India Smallcap Fund	3.61%	14.33%	8.79%	25.84%	31.13%	15.62%
Quant Small Cap Fund	2.37%	10.46%	0.71%	24.5%	33.7%	19.55%

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	16.46	0.85	0.93	1.3
Bandhan Small Cap Fund	17.88	0.91	1.17	1.84
Tata Small Cap Fund	16.04	0.8	0.83	1.16
Invesco India Smallcap Fund	16.15	0.81	1.04	1.26
Quant Small Cap Fund	17.35	0.87	0.95	1.47

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Small Cap Fund	N.A.	2,414 Cr	9 m	1.93%
Nippon India Small Cap Fund	N.A.	66,136 Cr	15 yrs 1 m	1.4%
Bandhan Small Cap Fund	N.A.	15,738 Cr	5 yrs 8 m	1.65%
Tata Small Cap Fund	N.A.	11,637 Cr	7 yrs	1.67%
Invesco India Smallcap Fund	N.A.	8,055 Cr	7 yrs	1.73%
Quant Small Cap Fund	N.A.	29,288 Cr	29 yrs 1 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 9 m, having been launched on 10/01/2025. Mirae Asset Small Cap Fund has ₹2,414 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Small Cap Fund as of 20/10/2025 is ₹11.61. The fund has an expense ratio of 1.93%, which is higher than what most other Small Cap funds charge.

The fund has the majority of its money invested in Financial, Healthcare, Services, Capital Goods, Consumer Discretionary sectors. It has taken less exposure in Financial, Healthcare 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., Safari Industries (India) Ltd..

...

Fund AUM	2,414 Cr as on Sep 30, 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.	2,347 Cr	73.52%	N.A.
Mirae Asset Midcap Fund	N.A.	17,194 Cr	9.42%	26.35%
Mirae Asset Great Consumer Fund	N.A.	4,632 Cr	3.98%	22.26%
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF	N.A.	383 Cr	42.54%	N.A.
Mirae Asset Large & Midcap Fund	N.A.	40,822 Cr	8.12%	21.14%
Mirae Asset ELSS Tax Saver Fund	N.A.	25,911 Cr	9.46%	20.93%

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 ₹11.606 as of Oct 20, 2025.

How much does this mutual fund charge as expense ratio?

The Mirae Asset Small Cap Fund has an expense ratio of 1.93%, 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 2,414 Cr as on Sep 30, 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.	3.06%
Cholamandalam Financial Holdings Ltd.	2.99%
Godawari Power And Ispat Ltd.	2.33%
Welspun Corp Ltd.	2.19%
Safari Industries (India) Ltd.	2.1%
K.P.R. Mill Ltd.	2.06%
Navin Fluorine International Ltd.	2.0%
Dr. Lal Pathlabs Ltd.	2.0%
Narayana Hrudayalaya Ltd.	1.99%
Motherson Sumi Wiring India Ltd.	1.97%

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	16.76%
Healthcare	13.86%
Services	13.69%
Capital Goods	10.18%
Consumer Discretionary	6.6000000000000005%
Metals & Mining	6.029999999999999%
Automobile	5.78%
Chemicals	4.68%
Construction	4.3100000000000005%
Materials	4.25%

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.