Mirae Asset Small Cap Fund Direct Growth NAV rises to ₹12.70 on 29 September; 1-Year Return at 11.09%

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Last Updated: 30th September 2026 - 01:10 pm

Key Takeaways

  • Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.70 on 29 September 2026 after rising 0.13%. 
  • The latest one-year return stood at 11.09%; valid three-year and five-year CAGRs are not yet available. 
  • The scheme managed approximately ₹5,717 crore and carried a Direct Growth expense ratio of 0.67%. 
  • Welspun Corp was the largest listed equity holding at 2.77%, while TREPS accounted for 2.37%. 

Mirae Asset Small Cap Fund Direct Growth recorded a NAV of ₹12.70 on 29 September 2026, rising 0.13% over the day. It was one of the relatively few schemes in the current batch to record a positive one-day movement. 

The latest one-year return stood at 11.09%. The retrieved scheme profile showed a fund age of only one year, so valid three-year and five-year CAGR figures are not available. Those periods should not be extrapolated from the since-inception figure or shorter return windows. 

Fund size stood at approximately ₹5,717 crore. The Direct Growth expense ratio was 0.67%. The minimum SIP amount was ₹99, while the minimum lump-sum investment stood at ₹5,000. The ₹99 SIP threshold was lower than the ₹100 minimum used by several other schemes in this set. 

Welspun Corp was the largest listed equity holding at 2.77%. TREPS represented 2.37% of the disclosed portfolio, followed by Karur Vysya Bank at 2.33%, Kirloskar Oil Engines at 2.24% and Dr Lal PathLabs at 2.18%. Historical beta stood at 0.78, and the Sharpe ratio was 0.71. Given the scheme's short history, those historical risk statistics also reflect a relatively limited observation period. 

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

Frequently Asked Questions

What was the Mirae Asset Small Cap Fund Direct Growth NAV on 29 September 2026?  

What was the latest one-year return?  

Why are three- and five-year CAGRs unavailable?  

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