About Mirae Asset Multicap Fund
Mirae Asset Multicap Fund is a multi cap fund managed by Mirae Asset Mutual Fund. Invest at least 25% each in large, mid and small caps, giving exposure across company sizes.
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of large cap, mid cap and small cap companies. However, there is no assurance that the investment objective of the Scheme will be realized.
The scheme's stated objective, as published by Mirae Asset Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹15.357 | 151810 |
| Direct | IDCW | ₹15.356 | 151811 |
| Regular | Growth | ₹14.676 | 151812 |
| Regular | IDCW | ₹14.665 | 151813 |
Frequently asked questions
What is the NAV of Mirae Asset Multicap Fund today?
The NAV of Mirae Asset Multicap Fund (Direct plan, Growth) is ₹15.357 and the Regular plan NAV is ₹14.676, as of 18 Sept 2026.
What returns has Mirae Asset Multicap Fund given?
Over the last year the Direct plan returned 1.31%, and 13.47% a year over 3 years. That places it 13 of 21 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Mirae Asset Multicap Fund?
The Direct plan charges 0.39% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Mirae Asset Multicap Fund?
You can start a monthly SIP with ₹99, or invest a lump sum of ₹5,000 or more.
How much has Mirae Asset Multicap Fund fallen in the past?
Its deepest fall was 18.2% from 27 Sept 2024 to 28 Feb 2025. Of every one-year stretch in its history, 98% ended in a gain.
Which category does Mirae Asset Multicap Fund belong to?
It is a Multi Cap Fund from Mirae Asset Mutual Fund. Invest at least 25% each in large, mid and small caps, giving exposure across company sizes.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Mirae Asset Multicap Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.