Key metrics
Latest NAV
₹15.60
Day change
-0.23%
Volatility
14.4%
Sharpe
-0.02
Max drawdown
-18.2%
Expense ratio
0.39%
AUM
₹4,994 Cr
Category rank
22 / 32
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -0.48% | 0.03% | 6.83% | 8.75% | 6.26% | 14.24% | – | – | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Mirae Asset Multicap Fund is a diversified equity fund offered by Mirae Asset Mutual Fund, classified under Equity as Equity Scheme - Multi Cap Fund. Spreading across market sizes gives it broad diversification within equities. Its latest NAV is ₹15.60, with assets under management of about ₹4,994 Cr (April - June 2026).
Performance analysis
Over the trailing one year, Mirae Asset Multicap Fund has recorded a return of about 6.3%, with a three-year return of 14.2%. Its annualised volatility is 14.4% — moderate fluctuations — and its Sharpe ratio is -0.02, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.39%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 12.31 | 8.87 | -1.97 | 43.06 | 98% | 31% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does Mirae Asset Multicap Fund invest in?
It invests primarily in companies across large, mid and small market capitalisations.
How is this fund classified?
It is a Equity Scheme - Multi Cap Fund fund in the Equity group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.39% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Equity Scheme - Multi Cap Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Canara Robeco Multi Cap Fund Equity Scheme - Multi Cap Fund | -1.01 | 7.40 | 8.59 | 4.82 | 14.86 | – | – | 0.41 |
| WhiteOak Capital Multi Cap Fund Equity Scheme - Multi Cap Fund | -0.02 | 7.96 | 13.30 | 10.14 | – | – | – | 0.49 |
| Edelweiss Multi Cap Fund Equity Scheme - Multi Cap Fund | -0.73 | 6.66 | 9.25 | 9.59 | – | – | – | 0.46 |
| DSP Multi Cap Fund Equity Scheme - Multi Cap Fund | -0.72 | 4.45 | 9.26 | 3.25 | – | – | – | 0.47 |
| Motilal Oswal Multi Cap Fund Equity Scheme - Multi Cap Fund | 3.10 | 18.08 | 31.32 | 10.28 | – | – | – | 0.60 |
| Franklin India Multi Cap Fund Equity Scheme - Multi Cap Fund | 0.37 | 8.84 | 12.21 | 9.77 | – | – | – | 0.44 |
| PGIM India Multi Cap Fund Equity Scheme - Multi Cap Fund | -0.09 | 9.07 | 13.44 | 10.27 | – | – | – | 0.66 |
| Samco Multi Cap Fund Equity Scheme - Multi Cap Fund | 2.31 | 6.65 | 9.80 | -0.85 | – | – | – | 0.77 |
More funds from Mirae Asset
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Banking and Financial Services Fund Sectoral/Thematic - Banking/Financial | 0.05 | 7.09 | 2.10 | 9.39 | 13.54 | 13.19 | – | 0.54 |
| Mirae Asset Corporate Bond Fund Income/Debt Oriented Schemes - Corporate Bond Fund | 0.26 | 2.19 | 2.77 | 5.53 | 7.20 | 6.08 | – | 0.23 |
| Mirae Asset NYSE FANG + ETF Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | 7.16 | -0.33 | 33.88 | 31.48 | 47.73 | 30.81 | – | 0.03 |
| Mirae Asset Money Market Fund Income/Debt Oriented Schemes - Money Market Fund | 0.68 | 2.24 | 3.63 | 6.62 | 7.46 | 6.60 | – | 0.09 |
| Mirae Asset S&P 500 Top 50 ETF Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | 2.43 | -3.07 | 14.84 | 23.63 | 34.11 | – | – | 0.02 |
| Mirae Asset Hang Seng TECH ETF Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | -3.32 | -7.20 | 0.92 | -10.75 | 15.62 | – | – | 0.02 |
| Mirae Asset Nifty India Manufacturing ETF Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | -2.77 | 3.22 | 5.08 | 10.44 | 17.71 | – | – | 0.06 |
| Mirae Asset Nifty SDL Jun 2027 Index Fund Index Funds - Debt Funds | 0.48 | 1.87 | 2.98 | 6.24 | 7.55 | – | – | 0.20 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.