Mirae Asset Mutual Fund Launches Mirae Asset Small Cap Fund

An open-ended equity scheme predominantly investing in small cap stocks

Key Highlights:

Broad market exposure:Higher Growth Potential: Small cap companies often have greater room for growth

Undiscovered Opportunities: Small cap companies are relatively undiscovered, leaving room for discovering hidden gems before broader recognition

Diversification: Exposure to sectors which are relatively under-represented in other market caps

Large investible universe: The investible universe of small cap is relatively higher than other market caps

Compounding Advantage: Long term investment in small cap segment may offer meaningful compounded returns. Historically, small caps have demonstrated notable compounding trends over the last 20 years

(source: Nifty Small Cap 100 Index factsheet, data as on December, 31 2024)

Mumbai, January 08, 2025:

Mirae Asset Investment Managers (India) Pvt. Ltd. announces the launch of ‘Mirae Asset Small Cap Fund’, an open-ended equity scheme predominantly investing in small cap stocks. The fund aims to provide investors with an opportunity to participate in the potential growth of fundamentally strong small cap companies through a research driven and disciplined investment approach. The fund will be benchmarked with Nifty Small Cap 250 Total Return Index (TRI) and will be managed by Mr. Varun Goel, Sr. Fund Manager - Equity

Mirae Asset Small Cap Fund is tailored for investors with a high-risk appetite who are seeking wealth creation through participation in higher growing segments of the economy. This includes young, dynamic investors who aim to explore high-growth opportunities, experienced risk-takers aiming to enhance portfolio returns, and Systematic Investment Plans (SIP) investors aiming to manage market volatility through disciplined investing. By catering to varied profiles, the scheme aims to meet the diverse objectives of investors.

The New Fund Offer (NFO) for Mirae Asset Small Cap Fund will open for subscription on January 10, 2025 and close on January 24, 2025. The scheme will re-open for continuous sale and repurchase on February 03, 2025. In the scheme, the minimum initial investment during New Fund Offer will be Rs 5,000/- (Rupees Five Thousand) with subsequent investments being multiples of Re 1

Speaking about the Fund launch, Mr. Varun Goel, Sr. Fund Manager - Equity, Mirae Asset Investment Managers (India) Pvt. Ltd., said,

“Small cap investing is where insights meet opportunity. Our new fund reflects Mirae Asset’s philosophy of blending data-driven decision making with disciplined execution to uncover ideas in a segment that continues to play a pivotal role in India’s growth narrative.”

The scheme will invest in quality stocks that show sustainable high earnings growth, high capital efficiency, good corporate governance and have low or negligible leverage. It will invest at least 65% of the fund in small cap stocks while allocating up to 35% of the fund in mid cap and large cap stocks.

By launching this active small cap fund, Mirae Asset Mutual Fund reaffirms its commitment to offering innovative investment solutions tailored to evolving market opportunities. By leveraging its robust research capabilities, disciplined investment philosophy, and global expertise, the fund seeks to provide investors with a platform to explore the potential of India’s vibrant small cap segment. In a dynamic economy like India there are always undiscovered and mispriced opportunities with a huge runway for growth which may create significant shareholder value over the medium to long-term. We seek to identify such opportunities.

Source for all data: Bloomberg, AMFI. Data as on: 31 December 2024.

About Mirae Asset Investment Managers (India) Pvt. Ltd

Established in 2008, Mirae Asset Mutual Fund is one of India’s fastest-growing fund houses. Mirae Asset Investment Managers (India) Pvt. Ltd. is the Asset Management Company (“AMC”) of Mirae Asset Mutual Fund.

As a pivotal player within Mirae Asset Global Investments, operating across 19 countries, Mirae Asset Investment Managers (India) Pvt. Ltd. is dedicated to collaborative management, offering a fully diversified investment platform. The AMC has 70 schemes available for investors spread across Equity funds, Debt funds, Hybrid Funds, and ETF funds. With expertise drawn from our global professionals, Mirae Asset Mutual Fund caters to clients’ evolving needs with innovative solutions across various asset classes, striving to align portfolios with investment objectives for sustainable growth and success.

RISKOMETER
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Note: The above Product Labelling assigned during the NFO is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.

Disclaimers

Statutory Details:Trustee: Mirae Asset Trustee Company Private Limited; Investment Manager: Mirae Asset Investment Managers (India) Private Limited (AMC); Sponsor: Mirae Asset Global Investments Company Limited.

The information contained in this document is compiled from third party and publically available sources and is included for general information purposes only. There can be no assurance and guarantee on the yields. Views expressed by the Fund Manager cannot be construed to be a decision to invest. The statements contained herein are based on current views and involve known and unknown risks and uncertainties. Whilst Mirae Asset Investment Managers (India) Private Limited (the AMC) shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof of such information. The AMC, its associate or sponsors or group companies, its Directors or employees accepts no liability for any loss or damage of any kind resulting out of the use of this document. The recipient(s) before acting on any information herein should make his/her/their own investigation and seek appropriate professional advice and shall alone be fully responsible / liable for any decision taken on the basis of information contained herein. Any reliance on the accuracy or use of such information shall be done only after consultation to the financial consultant to understand the specific legal, tax or financial implications

For further information about other schemes (product labelling and performance of the fund) please visit the website of the AMC: www.miraeassetmf.co.in

Please consult your financial advisor or mutual fund distributor before investing

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

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