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Mirae Asset Multicap Fund - NAV, Returns, Investment Strategy & Reviews 2025

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Invest in Mirae Asset Multicap Fund offering diversified equity exposure across large, mid and small cap stocks. Check latest NAV, returns, expense ratio and fund manager details.

Investment Objective and Approach

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 large cap, mid cap and small cap companies. The Scheme's portfolio comprises equity holdings mainly, large cap, mid cap and small cap stocks. The portfolio will predominantly invest 25% in equity and equity related instruments of each market cap namely, large cap, mid cap and small cap. The Scheme has the flexibility to invest the balance 25% in any of the three market capitalization stocks or in debt and money market instruments and 10% in Units issued by REITs and InvITs.

The fund adopts a dynamic investment approach, providing investors with diversified exposure across market capitalizations. Mirae Asset Multicap Fund being capitalisation and sector agnostic offers investors the experience of staying invested across stocks and sectors that are experiencing benefits of excellence as well as technological changes being ushered into the economy. This is also an opportunity for those investors who do not want their portfolio to be widely spread but enjoy the best of all sectors.

Mirae Asset Multicap Fund too follows a similar principle, by enabling investors to expand their investments across the market spectrum without necessitating the addition of multiple schemes. The Multicap fund invests in large cap, mid cap and small cap funds, leading to diversification of opportunities and risk, making it a dynamic option balancing risk and reward.

Fund Managers

Ankit Jain is the Current Fund Manager of Mirae Asset Multicap Fund Direct Growth fund. Fund manager: Mr. Ankit Jain managing the scheme since 21st August, 2023.

Professional Background:

- Ankit Jain is a seasoned fund manager with over seven years of experience at Mirae Asset Management Company.

- With over a decade of experience under his belt, Ankit Jain is a skilled hand at investment analysis and fund management. Though he started off his career in tech, Jain switched to the financial services sector shortly thereafter. After a brief stint at Equirus Securities as a research analyst, Jain has been associated with Mirae Asset Investment Managers since 2015.

Qualifications:

- He holds post graduate degree in Masters of Business Administration (MBA) Finance from NMIMS, Mumbai and a bachelor degree (B.Tech) in Computer Engineering from DAIICT, Gandhinagar.

- He has cleared CFA L2 (US). He is having IT consulting work experience in BFSI domain for 1.5 years.

He oversees four schemes ( ... Mirae Asset Multicap) within the company, with assets more than Rs 44,000 crore.

About the Fund House (AMC)

Mirae Asset Investment Managers (India) Private Limited is the Asset Management Company managing this fund. The company is part of Mirae Asset Global Investments, a leading global investment management firm headquartered in South Korea.

Key Leadership:

- Chief Investment Officer: Neelesh spearheads the research and fund management function. An engineering graduate with MBA in Finance, he has over 32 years of experience in equity research and portfolio management.

- CEO: Mr. Swarup Anand Mohanty Vice Chairman and CEO

The AMC has established itself as a prominent player in the Indian mutual fund industry with a strong research-driven investment approach and experienced fund management team.

Should I Invest in Mirae Asset Multicap Fund?

Key Investment Highlights:

Financial Performance:

- Mirae Asset Multicap Fund Direct Growth has given a CAGR return of 18.90% since inception.

- Over the last 1 year the fund has given a CAGR return of 7.25%.

- Mirae Asset Multicap Fund Direct Growth has ₹3335 Cr worth of assets under management (AUM) as on Mar 2025

Fund Characteristics:

- The fund has an expense ratio 0.5.

- The Mirae Asset Multicap Fund Direct Growth is rated Very High risk.

- Mirae Asset Multicap Fund Direct Growth has no lock in period.

Investment Suitability:

This fund is suitable for investors seeking:

- Long-term capital appreciation with diversified equity exposure

- Investment across all market capitalizations without managing multiple funds

- Professional fund management with flexibility to capitalize on opportunities across market caps

- Higher risk tolerance given the "Very High" risk rating

Investment Minimums:

- Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00.

The fund's multicap approach provides balanced exposure while allowing the fund manager flexibility to adjust allocations based on market opportunities. However, investors should consider their risk tolerance given the high-risk rating and volatility associated with equity investments.

FAQs

What is today's NAV of Mirae Asset Multicap Fund?

The NAV changes daily based on market conditions. You can check the latest NAV on Allvest platform or the fund's official website for real-time updates.

What is the AUM of Mirae Asset Multicap Fund?

As of March 2025, the fund has ₹3,335 Cr worth of assets under management (AUM).

What is the expense ratio of Mirae Asset Multicap Fund?

The fund has an expense ratio of 0.5% for the direct plan, making it cost-efficient for long-term investors.

What are the returns of Mirae Asset Multicap Fund since inception?

The fund has delivered a CAGR return of 18.90% since inception, demonstrating strong long-term performance across market cycles.

What is the minimum SIP amount to invest in Mirae Asset Multicap Fund?

The minimum SIP investment amount is ₹99, making it accessible for small investors to start their investment journey.

How do I invest in Mirae Asset Multicap Fund?

You can invest through Allvest platform online, which offers a seamless investment experience with easy KYC completion and fund selection process.

How to start a SIP in Mirae Asset Multicap Fund?

Visit Allvest platform, complete your KYC, select the Mirae Asset Multicap Fund, choose SIP option, set your investment amount and frequency to start automated investments.

How do I automate an SIP in Mirae Asset Multicap Fund?

Through Allvest platform, you can set up auto-debit from your bank account for hassle-free SIP investments with automated monthly deductions.

How can I withdraw/redeem my investment in Mirae Asset Multicap Fund?

There is no lock-in period, so you can redeem your units anytime through Allvest platform with proceeds credited to your registered bank account within standard settlement cycles.