Mirae Asset Multicap Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 100% of historical 3-year rolling periods.
- Downside capture of 106% indicates larger drops during broader market downturns.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +5.32% | +5.58% | -0.26% |
| 3 Months | -1.39% | +0.66% | -2.05% |
| 6 Months | +4.15% | +7.75% | -3.60% |
| 1 Year | +0.10% | +6.20% | -6.10% |
| 3 Years CAGR | +12.28% | +14.36% | -2.08% |
| Since Inception | +12.57% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Mirae Asset Multicap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -0.41% | +7.13% | -7.54% |
| 2025 | +8.26% | +2.69% | +5.57% |
| 2024 | +17.12% | +23.44% | -6.32% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -9.03% | +9.77% | +6.54% | +40.87% | 89.1% | 83.3% |
| 3-Year Rolling | +10.15% | +11.69% | +11.42% | +14.20% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-27 | 2025-02-28 | -18.7% | 5 months | 7 months |
| 2025-11-26 | 2026-03-31 | -15.1% | 4 months | 4 months |
| 2026-08-28 | 2026-10-23 | -10.6% | 2 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| *Equity and Equity related instruments including equity linked derivatives in the following manner: 75% to 100% Large Cap Companies/Entities : 25% to 50% Mid Cap Companies/Entities: 25% to 50% Small Cap Companies/Entities : 25% to 50% Money market instruments and other liquid instruments^/ Units issued by InVITs/Units of Domestic Mutual Fund@: 0% to 20% ^Other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities Treasury bills, repo on Government securities and any other instruments as specified by the SEBI. @The scheme may invest in the units of Overnight Fund, Money Market Fund & Liquid Fund (including Liquid ETFs) of Domestic Mutual Fund. | Per Scheme Mandate |
Investment Objective & Strategy
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/Entities. There is no assurance that the investment objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 5,639 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Multi Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Multi Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Canara Robeco Multi Cap Fund | 5.1 | +12.97% | 1.99% | 101.6% | Rs 6,097 cr | Compare → |
| BANDHAN MULTI CAP FUND | 3.5 | +12.23% | 2.24% | 95.7% | Rs 3,104 cr | Compare → |
| SBI Multicap Fund | 5.8 | +12.79% | 1.82% | 86.9% | Rs 24,354 cr | Compare → |
| Invesco India Multi Cap Fund | 2.8 | +12.68% | 2.06% | 115.5% | Rs 4,629 cr | Compare → |
| Baroda BNP Paribas MULTI CAP FUND | 3.8 | +13.92% | 2.22% | 95.4% | Rs 3,514 cr | Compare → |
Frequently Asked Questions about Mirae Asset Multicap Fund
What is the expense ratio of Mirae Asset Multicap Fund?
Mirae Asset Multicap Fund has a total expense ratio (TER) of 2.23% with a base expense ratio of 1.58%, compared to the Multi Cap category median of 2.21%.
Who manages Mirae Asset Multicap Fund?
Mirae Asset Multicap Fund is managed by Ankit Jain (tenure: 3.2 years since 2023-08-21).
What are the historical returns of Mirae Asset Multicap Fund?
Mirae Asset Multicap Fund delivered a 3-year CAGR of 12.28%. Its 1-year return stands at +0.10%.
How large is Mirae Asset Multicap Fund?
Mirae Asset Multicap Fund manages assets of Rs 5,639 cr, placing it in the 'comfortable' size band relative to Multi Cap peers.
How is Mirae Asset Multicap Fund scored on MFIQ?
Mirae Asset Multicap Fund holds an MFIQ Score of 3.4/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Mirae Asset Multicap Fund?
Mirae Asset Multicap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 14.70% with a maximum historical drawdown of -18.67%.