Mirae Asset Small Cap Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +1.11% | +1.11% | 0.00% |
| 3 Months | -1.00% | -1.13% | +0.13% |
| 6 Months | +5.46% | +7.86% | -2.40% |
| 1 Year | +5.75% | +11.28% | -5.53% |
| Since Inception | +12.31% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +6.84% | +13.95% | -7.11% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -1.89% | +9.26% | +9.00% | +22.05% | 95.3% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2025-11-03 | 2026-03-23 | -15.6% | 5 months | 3 months |
| 2025-02-05 | 2025-03-03 | -10.9% | 1 months | 2 months |
| 2026-09-08 | 2026-10-23 | -10.5% | 1 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related securities* of Small cap Companies/Entities: 65% to 100% Equity & Equity Related Securities of Companies/Entities other than above/Money market instruments and other liquid instruments^/ Units issued by InVITs/Units of Domestic Mutual Fund: 0% to 35 % ^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 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. 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 6,049 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Small 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 Small Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| JM Small Cap Fund | 3.5 | - | 2.56% | 127.5% | Rs 916 cr | Compare → |
| BAJAJ FINSERV SMALL CAP FUND | 4.8 | - | 2.38% | 91.0% | Rs 2,875 cr | Compare → |
| Motilal Oswal Small Cap Fund | 6.4 | - | 1.91% | 100.0% | Rs 8,735 cr | Compare → |
| TRUSTMF SMALL CAP FUND | 6.6 | - | 2.83% | 76.9% | Rs 4,215 cr | Compare → |
| Tata Small Cap Fund | 3.7 | +8.21% | 1.69% | 90.7% | Rs 12,684 cr | Compare → |
Frequently Asked Questions about Mirae Asset Small Cap Fund
What is the expense ratio of Mirae Asset Small Cap Fund?
The expense ratio for Mirae Asset Small Cap Fund is currently not reported.
Who manages Mirae Asset Small Cap Fund?
Mirae Asset Small Cap Fund is managed by Varun Goel.
What are the historical returns of Mirae Asset Small Cap Fund?
Mirae Asset Small Cap Fund has a 1-year return of +5.75%.
How large is Mirae Asset Small Cap Fund?
Mirae Asset Small Cap Fund manages assets of Rs 6,049 cr, placing it in the 'comfortable' size band relative to Small Cap peers.
How is Mirae Asset Small Cap Fund scored on MFIQ?
Mirae Asset Small Cap Fund holds an MFIQ Score of 3.2/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Mirae Asset Small Cap Fund?
Mirae Asset Small Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 16.34% with a maximum historical drawdown of -15.60%.