Mirae Asset Small Cap Fund Direct Growth NAV Rises 1.71% to ₹12.09 on 27 October; 1-Year Return at 1.32%

Key Takeaways

• Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.09 on 27 October 2026, rising 1.71% over the valuation day.
• The scheme's one-year trailing return stood at 1.32%; valid three-year and five-year CAGRs are not available because the fund has not completed those periods.
• The fund size was ₹5,819 crore and the Direct Growth expense ratio stood at 0.70%, with a minimum SIP of ₹99.
• Welspun Corp was the largest listed equity holding at 2.86%, while TREPS represented a separate 2.82% money-market allocation.

Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.09 on 27 October 2026, rising 1.71% over the valuation day. The scheme's minimum SIP amount was ₹99 and its minimum lump-sum investment was ₹5,000. The latest snapshot showed assets under management of ₹5,819 crore and an expense ratio of 0.70%.

Because the scheme is only around one year old on the 5paisa page, it has not completed the full periods necessary to publish valid three-year or five-year CAGRs. The performance section therefore shows a one-year trailing return of 1.32%, with the three-year and five-year fields blank. A MAX return of 11.56 is displayed, but it must not be extrapolated or converted into three- or five-year figures.

Portfolio disclosure showed Welspun Corp as the largest listed equity holding at 2.86%. TREPS accounted for 2.82%, but this is a money-market or liquidity exposure rather than an equity company. Kirloskar Oil Engines represented 2.53%, Bluestone Jewellery 2.33% and Dr Lal PathLabs 2.30%.

The displayed risk metrics included alpha of 7.02, standard deviation of 5.41, beta of 0.78 and Sharpe ratio of 0.58. The exit-load terms allowed 15% of allotted units to be redeemed within the specified first-year framework without load; other units redeemed within one year could attract a 1% exit load, with nil load after one year.

The 27 October update therefore centres on the ₹12.09 NAV and 1.71% daily increase. Longer-term analysis is necessarily limited by the scheme's short operating history, and three- or five-year CAGRs should not be estimated.

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