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Mirae Asset Small Cap Fund - Direct Plan - Growth

Mirae Asset · Scheme 153196

12.83 0.05%NAV · 2026-09-18
64
Decent FundScore
Start SIP
AUM
₹5,221 cr
Expense ratio
0.67%
3Y CAGR
Risk level
High
Min SIP
₹99
Benchmark
Nifty Smallcap 250 TRI
Fund manager: Siddharth SrivastavaExit load: Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 365 days.
Decent · 64/100

A solid option with a few areas worth a closer look.

🎯 For aggressive investors with a 7+ year horizon who can tolerate sharp ups and downs.

📈 Why it could do well

  • Protects capital well — worst-ever fall was only 15%.
  • Low cost — 0.67% expense ratio means more of the return stays with you.
  • Alpha vs benchmark: +13.1%
  • Max drawdown: -15%
  • Downside capture: 84% of benchmark falls

📉 What could drag it down

  • Small Cap Funds are inherently higher-risk — best held 7+ years to ride out swings.
  • Short track record — not enough history yet to judge long-term performance; treat the score as provisional.
  • Sharpe ratio: 0.69

FundScore breakdown

64/100 · Decent
How it works →
48
Returns
Average
50
Consistency
Average
57
Risk-adjusted
Decent
81
Downside protection
Excellent
83
Cost efficiency
Excellent
50
Portfolio quality
Average

Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.

SIP return calculator

Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.