Mirae Asset Midcap Fund: A Success Story

Five Years of Growth

Mirae Asset Midcap Fund, a prominent fund managed by Mirae Asset Mutual Fund, recently celebrated its five-year anniversary. Launched on July 29, 2019, the fund has become a top choice for investors seeking long-term growth.

Impressive Returns

Over the past five years, Mirae Asset Midcap Fund has delivered impressive returns. A monthly Systematic Investment Plan (SIP) of ₹10,000 started on the day of its launch would have grown to a substantial ₹26.7 crore over 22 years.

For a more recent example, an investor who started an SIP of ₹10,000 per month in this fund just two years ago would have accumulated over ₹12 lakhs by now.

Key Features

• Launched on July 29, 2019
• Managed by Mirae Asset Mutual Fund
• Focuses on mid-cap companies
• Has delivered impressive returns over five years

Other Successful Equity Funds

Mirae Asset Midcap Fund is not the only equity fund that has performed well. Here are a few other funds that have turned a monthly SIP of ₹10,000 into over ₹12 lakhs in five years:

• Aditya Birla Sun Life Equity Savings Fund
• ICICI Prudential Value Discovery Fund
• SBI Bluechip Fund

Conclusion

Mirae Asset Midcap Fund has proven to be a successful investment option for those seeking long-term wealth creation. Its impressive returns and strong track record make it a top choice for investors.