Mirae Asset Small Cap Fund Direct Growth NAV at ₹12.07 on 2 November 2026; 1-Year Return at 0.41%

Key Takeaways

• Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.07 on 2 November 2026, increasing 0.90% over the valuation day.
• The available one-year return stood at 0.41%, while valid three-year and five-year CAGRs were unavailable because the scheme has not completed those periods.
• Assets under management were ₹5,819 crore, with a Direct Growth expense ratio of 0.70%.
• Welspun Corp was the largest disclosed listed position at 2.86%, with TREPS separately accounting for 2.82% as a liquidity exposure.

Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.07 on 2 November 2026, gaining 0.90% during the valuation day. The available one-year return stood at 0.41%.

The fund is comparatively new and has not completed full three-year or five-year performance periods. Valid three-year and five-year CAGRs are therefore unavailable and should not be estimated or replaced by since-inception returns.

The latest snapshot showed assets under management of ₹5,819 crore. The Direct Growth expense ratio stood at 0.70%. The minimum SIP was displayed at ₹99, while the minimum lump-sum investment was ₹5,000.

Historical risk statistics included alpha of 7.02, standard deviation of 5.41, beta of 0.78 and a Sharpe ratio of 0.58. Because the scheme has a relatively short track record, longer-period performance comparisons remain unavailable.

Welspun Corp was the largest disclosed portfolio position at 2.86%. TREPS represented 2.82%, but this is a short-term liquidity or money-market exposure rather than an equity company. Other large listed positions included Kirloskar Oil Engines at 2.53%, Bluestone Jewellery at 2.33% and Dr Lal PathLabs at 2.30%.

The five largest disclosed entries, including TREPS, represented 12.84% of the portfolio.

As the scheme builds a longer operating history, valid three-year and five-year performance measures can only be reported once the required periods have actually elapsed. Until then, the NAV, available one-year return, portfolio composition, AUM and expense ratio provide the relevant factual fund information.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.