Mirae Asset Small Cap Fund Direct Growth NAV Reaches ₹12.56 on 9 October 2026; One-Year Return at 8.63%

Key Takeaways:

• Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.56 on 9 October 2026, increasing 0.54% during the valuation day. 
• The fund's historical one-year return stood at 8.63%, while valid three-year and five-year CAGRs were unavailable because the scheme had not completed those periods. 
• The latest fund-size display showed ₹5,717 crore and an expense ratio of 0.70%, with Welspun Corp representing the largest listed equity holding at 2.86%. 

Mirae Asset Small Cap Fund Direct Growth NAV increased 0.54% to ₹12.56 on 9 October 2026. 

The scheme invests predominantly in small-cap companies, seeking capital appreciation through equity and equity-related securities within this market segment. 

Unlike several other funds in this daily series, Mirae Asset Small Cap Fund has a relatively short operating history. 

The latest performance table showed a one-year historical return of 8.63%. Valid three-year and five-year annualised returns were unavailable because the scheme had not completed those investment periods. 

The absence of these figures should not be addressed by extrapolating its one-year or since-inception returns. CAGR calculations require the corresponding historical measurement period. 

The latest fund-size snapshot displayed assets of ₹5,717 crore and a Direct Growth expense ratio of 0.70%. 

Minimum SIP investment stood at ₹99, with a minimum lump-sum investment of ₹5,000. 

Welspun Corp represented 2.86% of the disclosed portfolio, making it the largest displayed listed equity holding. TREPS followed at 2.82%, Kirloskar Oil Engines at 2.53%, Bluestone Jewellery at 2.33% and Dr Lal PathLabs at 2.30%. 

These five allocations, including TREPS, accounted for 12.84% of the disclosed portfolio. 

TREPS represents short-term money-market exposure and should not be classified as an equity investment. 

The latest risk statistics included beta of 0.78 and a Sharpe ratio of 0.58. Such historical measures have to be interpreted in the context of the fund's available operating history. 

The positive NAV movement on 9 October does not establish whether every disclosed holding appreciated during the session. 

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