Mirae Asset Small Cap Fund Direct Growth NAV at ₹12.17 on 3 November 2026; AUM at ₹5,819 Crore

Key Takeaways

• Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.17 on 3 November 2026, rising 0.90%.
• The fund displayed a one-year return of 0.50%, but valid three-year and five-year CAGRs are unavailable because the fund has not completed those periods.
• Assets under management stood at ₹5,819 crore and the Direct Growth expense ratio was 0.68%.
• Welspun Corp was the largest listed equity holding at 2.86%, while TREPS accounted for 2.82%.

Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.17 on 3 November 2026, gaining 0.90% over the valuation day. The fund page displayed a one-year return of 0.50%. It did not display valid three-year or five-year returns because the fund age shown on the page was only one year.

Accordingly, no three-year or five-year CAGR should be fabricated, extrapolated or calculated from the fund's shorter track record. Those performance periods will only become meaningful after the scheme completes the respective durations.

The latest snapshot showed assets under management of ₹5,819 crore and a Direct Growth expense ratio of 0.68%. The minimum SIP amount was ₹99 and the minimum lump-sum investment was ₹5,000.

Welspun Corp was the largest listed equity holding at 2.86%. TREPS accounted for 2.82%, but this represents a short-term money-market allocation rather than an equity stock. Kirloskar Oil Engines accounted for 2.53%, Bluestone Jewellery and Lifestyle for 2.33% and Dr Lal PathLabs for 2.30%.

The five largest disclosed entries, including TREPS, represented 12.84% of the portfolio. Historical risk statistics shown on the page included alpha of 7.02, standard deviation of 5.41, beta of 0.78 and Sharpe ratio of 0.58.

Because the scheme has a relatively short operating history, its historical statistics cover a more limited period than those of older funds. The verified ₹12.17 NAV applies specifically to 3 November, while longer-period CAGR figures remain intentionally unavailable rather than estimated.

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