Review of Mirae Asset Small Cap Fund NFO
December 6, 2024
mayank
Review of Mirae Asset Small Cap Fund NFO @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst.
[ A ] Benchmark Performance of NIFTY Smallcap 250 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -3.77 | 26.17 | 33.69 | 29.68 | 15.73 |
| Total Return | -3.70 | 26.95 | 34.52 | 30.79 | 17.12 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 20.36 | 20.53 | 21.69 |
| Beta (NIFTY 50) | 1.03 | 0.82 | 0.79 |
| Correlation (NIFTY 50) | 0.71 | 0.76 | 0.78 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 34.11 | 4.13 | 0.88 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Multi Commodity Exchange of India Ltd | 1.64 |
| Central Depository Services (India) Ltd. | 1.52 |
| Crompton Greaves Consumer Electricals Ltd. | 1.37 |
| Blue Star Ltd. | 1.25 |
| Computer Age Management Services Ltd. | 1.23 |
| Glenmark Pharmaceuticals Ltd. | 1.20 |
| Laurus Labs Ltd. | 1.16 |
| National Aluminium Co. Ltd. | 1.13 |
| 360 ONE WAM Ltd. | 1.13 |
| Radico Khaitan Ltd | 1.00 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Varun Goel
| Fund | Mirae Asset Small Cap Fund | It’s Benchmark |
| 1 Year | — | — |
| 3 Year | — | — |
| 5 Year | — | — |
| 7 Year | — | — |
| 10 Year | — | — |
As on 06-12-2024
Note on Fund Managers’ performance