Mirae Asset Midcap Fund Regular IDCW

Mirae Asset Midcap Fund Regular IDCW is a scheme launched by Mutual Fund on July 29, 2019, and falls under the Mid Cap fund category. It currently manages an AUM of Rs 17,030.61 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.67% for managing the portfolio.

• Investing 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 midcap companies.

• Performance:

  Mirae Asset Midcap Fund Regular IDCW trailing returns over different times are -8.51% (1 year), 8.82% (3 year) and 18.51% (5 year). The average annual return of this fund stands at -2.95%.