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)
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
“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.
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.
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.
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.