Mirae Asset Multicap Fund
NAV
₹14.91
as of 6 Oct 2026
Mirae Asset Multicap Fund is an open-ended Multi Cap Fund scheme from Mirae Asset Mutual Fund managing ₹5,470 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹14.91 as of 6 Oct 2026. The expense ratio is 0.84% a year. Managed by Ankit Jain. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.84% / yr
- as of 31 Aug 2026
- Fund size
- ₹5,470 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 21 Aug 2023
- ISIN
- INF769K01KK8
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: NIFTY 500 Multicap 50:25:25
Mirae Asset Multicap Fund
₹147
+47% on ₹100 over 3.1 yrs
Multi Cap Fund average
₹152
+52% on ₹100 over 3.1 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -4.33% | – | – |
| 6 months | 3.89% | – | – |
| 1 year | -1.26% | – | – |
| 3 years (CAGR) | 12.30% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -0.7%
- Median
- 8.4%
- Best
- 42.9%
27 windows over the last 38 months, stepped monthly; 93% ended positive. Worst window began 1 Mar 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 12.2%
- Median
- 15.1%
- Best
- 16.0%
3 windows over the last 38 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.59
- Sortino ratio (3Y)
- 0.91 vs category 0.88
- Standard deviation (3Y)
- 16.14%
- Beta (3Y)
- 0.98
- Alpha (3Y)
- 1.44%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-17.6%
Right now
-6.4% below peak
Ahead of its benchmark in 56% of months (window: 3y, monthly) – benchmark: NIFTY 500 Multicap 50:25:25, name shown only.
Where the money actually is
Equity
97.8%
Cash
2.2%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
80 positions · top 10 = 28.3%
Market-cap mix
Large 35.5%Mid 30.4%Small 31.8%Other 2.3%
as of 31 Jul 2026
Holdings by sector
Financial Services(4 in top 10)27.1%
- HDFC Bank Ltd5.38%
- ICICI Bank Ltd3.84%
- Axis Bank Ltd2.95%
- IndusInd Bank Ltd2.03%
Consumer Cyclical(1 in top 10)16.2%
- Hero MotoCorp Ltd2.27%
Industrials(1 in top 10)13.6%
- Delhivery Ltd2.95%
Healthcare(1 in top 10)11.3%
- Gland Pharma Ltd2.11%
Basic Materials(2 in top 10)10.0%
- Vedanta Aluminium Metal Ltd2.20%
- Dalmia Bharat Ltd2.06%
- Technology6.6%
- Communication Services3.9%
Energy(1 in top 10)3.2%
- Reliance Industries Ltd2.55%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 100.8% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 28.5
- P/B
- 3.2
- Dividend yield
- 0.9%
- Net margin
- 14.4%
- Earnings growth
- 11.7%
- Avg market cap
- ₹86,414 crore
Money in, money out
- Net flow, 12 months
- +₹1,308 cr
- Net flow, 3 months
- +₹260 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Mirae Asset Multicap Fund?
- ₹14.91 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Mirae Asset Multicap Fund?
- 0.84% a year for the Direct plan, as of 31 Aug 2026.
- How large is Mirae Asset Multicap Fund?
- ₹5,470 crore under management as of 31 Jul 2026, in the Multi Cap Fund category.
- How risky is Mirae Asset Multicap Fund?
- Its SEBI Riskometer reading is "Very High Risk". Go-anywhere equity across company sizes. India's biggest active shelf.
- What is the worst 3-year return of Mirae Asset Multicap Fund?
- 12.2% a year – the weakest of 3 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 15.1% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Mirae Asset Multicap Fund?
- Ankit Jain, managing this fund for 3 years.
Where this fund sits
Its shelf, all funds
Fx · Flexi & multi cap →
Go-anywhere equity across company sizes. India's biggest active shelf.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Multi Cap Fund funds
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 500 Multicap 50:25:25) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.