Mirae Asset Small Cap Fund Direct Growth NAV Reaches ₹12.55 on 5 November 2026; One-Year Return at 4.24%

Key Takeaways

• Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.55 on 5 November 2026, reflecting a daily increase of 1.07%.
• The scheme's historical one-year return stood at 4.24%, while valid three-year and five-year CAGRs remain unavailable because the fund has not completed those periods.
• The reported fund size was ₹5,819 crore, with a Direct Growth expense ratio of 0.68%.
• Welspun Corp was the largest disclosed equity holding at 2.86%, followed by Kirloskar Oil Engines at 2.53%, while TREPS accounted for 2.82%.

Mirae Asset Small Cap Fund Direct Growth registered a net asset value of ₹12.55 on 5 November 2026. The refreshed 5paisa primary NAV card confirmed the valuation date and reported a daily increase of 1.07%.

The scheme follows a small-cap equity investment strategy, seeking capital appreciation through investments predominantly in smaller listed companies.

Its portfolio may also include other equity-related securities and liquidity instruments as part of the fund's overall investment approach.

The latest historical performance snapshot showed a one-year return of 4.24%. The scheme commenced operations in 2025 and has not completed a full three-year or five-year performance period.

Consequently, valid three-year and five-year CAGRs are unavailable. The since-inception performance must not be extrapolated or presented as a return for either of those periods.

Reported assets under management stood at ₹5,819 crore, with a Direct Growth expense ratio of 0.68%.

The minimum SIP investment amount was ₹99, while the minimum lump-sum amount was displayed at ₹5,000.

Welspun Corp accounted for 2.86% of the disclosed portfolio, making it the largest listed equity holding.

TREPS represented a separate money-market position of 2.82%. Other disclosed equities included Kirloskar Oil Engines at 2.53%, Bluestone Jewellery at 2.33% and Dr Lal PathLabs at 2.30%.

Together, the five largest displayed entries, including TREPS, represented 12.84% of the portfolio.

The reported beta was 0.78, while the Sharpe ratio stood at 0.58.

The scheme's relatively short operating history limits the availability of long-term annualised return comparisons. Its reported one-year performance and portfolio statistics offer separate historical information.

The NAV of ₹12.55 is verified specifically for 5 November 2026.

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