Mirae Asset Small Cap Fund Direct Growth NAV Rises to ₹12.14 on 28 October; 1-Year Return at 1.45%

Key Takeaways

• Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.14 on 28 October 2026, increasing 0.36% over the valuation day.
• The scheme's one-year trailing return stood at 1.45%, but valid three-year and five-year CAGRs are unavailable because it has not completed those periods.
• The primary snapshot displayed a ₹5,819 crore fund size, 0.70% expense ratio, ₹99 minimum SIP and ₹5,000 minimum lump-sum amount.
• Welspun Corp was the largest disclosed listed-equity holding at 2.86%, while TREPS represented 2.82%.

Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.14 on 28 October 2026, with the primary NAV card showing a 0.36% increase over the day. The scheme is a relatively new small-cap equity fund, and the 5paisa snapshot displayed its fund age at approximately one year.

The one-year trailing return was 1.45%. A valid three-year or five-year CAGR is not available because the fund has not yet completed either full measurement period. Such returns should therefore not be estimated or extrapolated from since-inception performance. The primary snapshot displayed a fund size of ₹5,819 crore, an expense ratio of 0.70%, a minimum SIP of ₹99 and a minimum lump-sum investment of ₹5,000.

Welspun Corp was the largest disclosed listed-equity holding at 2.86%, marginally above the 2.82% allocation to TREPS. Kirloskar Oil Engines accounted for 2.53%, Bluestone Jewellery for 2.33% and Dr Lal PathLabs for 2.30%. The five largest displayed entries, including TREPS, represented 12.84% of the portfolio.

The displayed historical risk statistics included an alpha of 7.02, standard deviation of 5.41, beta of 0.78 and Sharpe ratio of 0.58. Because the scheme has a comparatively short operating history, longer-horizon statistics should be interpreted with particular care.

The absence of three- and five-year CAGRs is a function of the scheme's age, not missing data. Generating hypothetical multi-year returns would not provide a valid representation of its actual historical record.

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