Mirae Asset Small Cap Fund Direct Growth NAV at ₹12.72 on 6 October; 1-Year Return at 10.13%

Key Takeaways

• Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.72 on 6 October 2026, rising 1.10% during the valuation day. 
• The scheme's available one-year return stood at 10.13%, but valid three- and five-year CAGRs are not yet available because the fund has not completed those periods. 
• The latest fund size was approximately ₹5,717 crore, with a Direct Growth expense ratio of 0.70%. 
• Welspun Corp was the largest listed equity holding at 2.77%, while TREPS represented a separate 2.37% liquidity exposure. 

Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.72 on 6 October 2026, increasing 1.10% over the valuation day. The primary NAV card on the individual 5paisa page explicitly shows both the value and the requested valuation date. 

Unlike most longer-running schemes in this set, Mirae Asset Small Cap Fund has only around one year of operating history on the displayed profile. Its available one-year return stood at 10.13%. A valid three-year or five-year CAGR is therefore not available and should not be estimated or extrapolated from the fund's since-inception performance. 

Assets under management were approximately ₹5,717 crore, and the Direct Growth expense ratio stood at 0.70%. The page listed a minimum SIP amount of ₹99 and a minimum lump-sum investment of ₹5,000. 

The disclosed portfolio showed Welspun Corp at 2.77%, making it the largest listed equity holding among the displayed entries. TREPS accounted for 2.37% and is a short-term liquidity or money-market exposure rather than an equity company. Karur Vysya Bank represented 2.33%, Kirloskar Oil 2.24% and Dr Lal PathLabs 2.18%. The five largest disclosed entries, including TREPS, represented 11.89% of the portfolio. 

Historical risk statistics displayed alpha of 7.02, standard deviation of 5.41, beta of 0.78 and a Sharpe ratio of 0.58. Given the fund's relatively short operating record, those figures should also be interpreted within the available measurement period. 

The 1.10% daily increase is a point-in-time NAV movement and does not substitute for the longer return histories that will become available only after the scheme completes the relevant periods.