Mirae Asset Small Cap Fund Direct Growth NAV Falls to ₹12.4520 on 6 November 2026; One-Year Return at 4.57%

Key Takeaways

• Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.4520 on 6 November 2026, declining 0.78% for the valuation day.
• Value Research showed a one-year return of 4.57% and assets under management of approximately ₹5,819 crore in its latest fund details.
• The fund was launched on 31 January 2025 and therefore had not completed either a full three-year or five-year period by 6 November 2026.
• Valid three-year and five-year CAGRs are consequently unavailable and should not be estimated from since-inception performance.

Mirae Asset Small Cap Fund Direct Growth recorded an exact NAV of ₹12.4520 on 6 November 2026, with the permitted Value Research Direct Plan page showing a 0.78% decline for the valuation day.

The fund is relatively new. Value Research lists its launch date as 31 January 2025, meaning that by 6 November 2026 it had not completed either three full years or five full years of operating history. A valid three-year CAGR and five-year CAGR therefore cannot be reported, and neither metric has been estimated or extrapolated from since-inception performance.

The latest Value Research details showed a one-year return of 4.57%, assets under management of approximately ₹5,819 crore and a base expense ratio of 0.38%. Its minimum lump-sum amount was shown at ₹5,000, while the displayed minimum SIP amount was ₹99.

The latest supporting portfolio snapshot included Welspun and Kirloskar Oil Engines among the larger listed equity positions, while TREPS was also present as a liquidity allocation. TREPS should be considered separately from the scheme's listed equity holdings because it represents short-term money-market exposure.

As a small-cap scheme with a comparatively short performance history, the available track record is naturally more limited than that of older funds in the category. The ₹12.4520 NAV is the verified unit value for 6 November 2026. The absence of three- and five-year CAGR figures reflects the scheme's age rather than missing or estimated data.

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