Key metrics
Latest NAV
₹13.10
Day change
0.02%
Volatility
15.5%
Sharpe
0.48
Max drawdown
-15.1%
Expense ratio
0.34%
AUM
₹4,246 Cr
Category rank
21 / 36
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | 0.31% | 2.37% | 12.31% | 18.06% | 14.02% | – | – | – | – |
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 Small Cap Fund is a small-cap equity fund offered by Mirae Asset Mutual Fund, classified under Equity as Equity Scheme - Small Cap Fund. Small-cap funds can grow quickly but are generally among the more volatile equity categories. Its latest NAV is ₹13.10, with assets under management of about ₹4,246 Cr (April - June 2026).
Performance analysis
Over the trailing one year, Mirae Asset Small Cap Fund has recorded a return of about 14.0%. Its annualised volatility is 15.5% — moderate fluctuations — and its Sharpe ratio is 0.48, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.34%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 12.11 | 12.08 | 1.38 | 24.84 | 100% | 51% |
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 Small Cap Fund invest in?
It invests primarily in shares of small-sized companies.
How is this fund classified?
It is a Equity Scheme - Small 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?
0.34% (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 - Small Cap Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Bajaj Finserv Small Cap Fund Equity Scheme - Small Cap Fund | 2.27 | 12.05 | 26.64 | 20.87 | – | – | – | 0.52 |
| Samco Small Cap Fund Equity Scheme - Small Cap Fund | 8.31 | 20.29 | 32.24 | – | – | – | – | 0.79 |
| Helios Small Cap Fund Equity Scheme - Small Cap Fund | 2.54 | 12.69 | 30.51 | – | – | – | – | 0.48 |
| Groww Small Cap Fund Equity Scheme - Small Cap Fund | 4.46 | 16.42 | 30.85 | – | – | – | – | 0.49 |
| Abakkus Small Cap Fund Equity Scheme - Small Cap Fund | 1.18 | 12.21 | – | – | – | – | – | 0.55 |
| The Wealth Company Small Cap Fund Equity Scheme - Small Cap Fund | 0.90 | 8.44 | – | – | – | – | – | 0.34 |
| Franklin India Small Cap Fund Equity Scheme - Small Cap Fund | 0.04 | 6.46 | 16.26 | 8.24 | 13.12 | 16.68 | 15.26 | 0.76 |
| Nippon India Small Cap Fund Equity Scheme - Small Cap Fund | 0.93 | 7.78 | 18.45 | 11.65 | 15.17 | 19.61 | 21.25 | 0.52 |
More funds from Mirae Asset
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Overseas Fund of Funds - Fund of Funds investing overseas | 0.96 | -6.74 | 31.76 | 52.71 | 36.46 | – | – | 0.10 |
| Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Index Funds - Debt Funds | -0.39 | 2.50 | 2.37 | 5.20 | 7.64 | – | – | 0.15 |
| Mirae Asset Flexi Cap Fund Equity Scheme - Flexi Cap Fund | -0.45 | 5.30 | 4.80 | 5.23 | 12.50 | – | – | 0.43 |
| Mirae Asset Nifty SDL June 2028 Index Fund Index Funds - Debt Funds | 0.43 | 2.39 | 2.65 | 6.26 | 7.68 | – | – | 0.16 |
| Mirae Asset Multicap Fund Equity Scheme - Multi Cap Fund | 0.03 | 6.83 | 8.75 | 6.26 | 14.24 | – | – | 0.39 |
| Mirae Asset Multi Asset Allocation Fund Hybrid Scheme - Multi Asset Allocation Fund | -0.61 | 2.96 | 2.69 | 13.15 | – | – | – | 0.34 |
| Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | 2.77 | 9.71 | 20.84 | 9.08 | – | – | – | 0.05 |
| Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Fund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic) | -0.52 | 3.33 | 11.93 | 7.79 | – | – | – | 0.03 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.