Contents
Returns vs category
1 year: 5.53% a year, 22nd of 31 small cap funds
Direct-Growth plan, a year, to 9 November 2026, from AMFI NAVs. Ranks and averages cover the 37 small cap funds AMFI lists that are old enough for each period.
Worst fall
Worst fall: 15.1% (Nov 2025–Mar 2026), back at its high 3 months later
- High
- 3 Nov 2025
- Low
- 23 Mar 2026
- Back at the high
- 18 Jun 2026
- Now
- 4.8% below the 8 Sept 2026 high
Fall from the highest NAV to the lowest that followed, on daily direct plan NAVs since 3 February 2025.
Cost
The regular plan costs 1.42% a year more: about ₹3.52 lakh on ₹10 lakh over 10 years
₹10 lakh invested once and held 10 years, assuming 12% a year before costs (an assumption, not a forecast). Expense ratios as disclosed on 8 November 2026. Try your own numbers in the fee calculator.
Size and facts
₹5,463 crore of assets: the 18th largest of 37 small cap funds
- Average assets, July–September 2026
- ₹5,463 crore
- Fund house
- Mirae Asset Mutual Fund
- Category
- Small cap
Genvest AI score
Genvest AI score 80 out of 100, ranked 7 of 31
Ranked 7 of 31 small cap funds
Two of the things the score looks at, against other small cap funds:
- Holding up in fallsSmaller, shorter falls than most small cap funds
- How bad the bad days wereMilder bad days, for its gains, than most small cap funds
The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
Scored on data to 6 November 2026, among the 31 small cap funds Genvest scores. How the score works.
Similar funds
Other small cap funds of a similar size
- Canara Robeco Small Cap Fund3 years 10.94% a year · expense ratio 0.74%
- Tata Small Cap Fund3 years 9.26% a year · expense ratio 0.52%
- Motilal Oswal Small Cap Fund3 years – a year · expense ratio 0.85%
- Edelweiss Small Cap Fund3 years 13.63% a year · expense ratio 0.63%
Every small cap fund compared, from the category guide.
Questions people ask
₹12.5350 on 9 November 2026, as published by AMFI, up 0.67% from 6 November 2026. Fund houses publish a NAV for every business day. The regular plan and the IDCW options have NAVs of their own; the regular plan’s grows more slowly because its expense ratio is higher.
To 9 November 2026, the direct plan returned 5.53% over 1 year. These are AMFI NAV returns of the Direct-Growth plan; the regular plan’s are lower by roughly the difference in expense ratios. Past returns do not guarantee future returns.
Over 1 year it ranked 22nd of 31, against a category average of 9.39%. Ranks compare the direct plans of the small cap funds AMFI lists today, by return; they are not ratings.
As disclosed on 8 November 2026, the total expense ratio is 0.67% a year for the direct plan and 2.09% for the regular plan. The 1.42% gap is mostly the distributor’s commission. On ₹10 lakh held for 10 years at an assumed 12% a year before costs, the direct plan would end about ₹3.52 lakh ahead.
Its direct plan NAV fell 15.1% from its high on 3 November 2025 to 23 March 2026, and was back at that high on 18 June 2026. On 9 November 2026 it was 4.8% below its highest NAV, set on 8 September 2026.
Its average assets in July–September 2026 were ₹5,463 crore, across all plans, per AMFI: the 18th largest of 37 small cap funds.
80 out of 100 as of 6 November 2026, ranking it 7 of the 31 small cap funds Genvest scores. The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
That depends on your goals, how long you can stay invested and what else you hold, which this page cannot know. What the data shows: its returns against other small cap funds, how far it has fallen, and what it costs. Its rank changes from year to year, so look at several periods rather than one, and at how a fall like its worst would feel for your money. This is education, not a recommendation to buy, sell or hold.
Related
This page is educational research based on AMFI data and Genvest’s own analysis. It is not a recommendation to invest in any scheme, or personalised investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not guarantee future returns. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.