Mirae Asset Midcap Fund

Mirae Asset Mutual FundEquityPortfolio as of 31 July 2026

Mirae Asset Midcap Fund holds 70 instruments (97.82% equity), led by Laurus Labs Limited (4.12%), Lupin Limited (3.29%) and IndusInd Bank Limited (3.27%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

Equity Allocation

97.82%

AMC

Mirae Asset Mutual Fund

Portfolio Analysis

Mirae Asset Midcap Fund's top 10 holdings account for 31.41% of its portfolio, more diversified than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 28.04% of net assets, spread across 13 sectors in total. Since its 30 June 2026 disclosure, the fund added 5 new positions and exited 3 positions, with Persistent Systems Limited seeing the largest move (+1.21pp to 3.2%).

Top 10 Equity Holdings

Laurus Labs Limited · 4.12%Lupin Limited · 3.29%IndusInd Bank Limited · 3.27%Persistent Systems Limited · 3.2%Steel Authority of India Limited · 3.16%PB Fintech Limited · 3%Bharat Forge Limited · 2.96%Hero MotoCorp Limited · 2.87%Delhivery Limited · 2.79%Dixon Technologies (India) Limited · 2.75%

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

5 new entries3 exits10 increased10 reduced

New Entries

Indian Bank · 1.5%Kfin Technologies Limited · 0.76%Alkem Laboratories Limited · 0.36%Vishal Mega Mart Limited · 0.33%GSPL Transmission Limited · 0.15%

Complete Exits

Apollo Hospitals Enterprise Limited · was 0.98%HDFC Asset Management Company Limited · was 0.55%Lodha Developers Limited · was 0.53%

Biggest Weight Increases

Stock	Weight	Change
Persistent Systems Limited	1.99% → 3.2%	▲ +1.21
Vedanta Aluminium Metal Limited	0.98% → 2.03%	▲ +1.05
Axis Bank Limited	1.16% → 2.04%	▲ +0.88
Dixon Technologies (India) Limited	2.09% → 2.75%	▲ +0.66
Laurus Labs Limited	3.67% → 4.12%	▲ +0.45
Steel Authority of India Limited	2.79% → 3.16%	▲ +0.37
Schaeffler India Limited	0.57% → 0.93%	▲ +0.36
Hindustan Aeronautics Limited	0.63% → 0.94%	▲ +0.31
Crompton Greaves Consumer Electricals Limited	0.42% → 0.7%	▲ +0.28
Tata Power Company Limited	1.32% → 1.57%	▲ +0.25

Biggest Weight Reductions

Stock	Weight	Change
Bharat Heavy Electricals Limited	2.69% → 1.59%	▼ -1.1
FSN E-Commerce Ventures Limited	2.81% → 1.99%	▼ -0.82
The Federal Bank Limited	2.85% → 2.11%	▼ -0.74
Lenskart Solutions Limited	1.5% → 0.88%	▼ -0.62
Oracle Financial Services Software Limited	0.94% → 0.42%	▼ -0.52
Polycab India Limited	0.5% → 0.02%	▼ -0.48
Multi Commodity Exchange of India Limited	2.08% → 1.64%	▼ -0.44
Tata Communications Limited	3.08% → 2.65%	▼ -0.43
Oil India Limited	0.99% → 0.61%	▼ -0.38
Go Digit General Insurance Limited	1.57% → 1.2%	▼ -0.37

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

Laurus Labs Limited

4.12%

Lupin Limited

3.29%

IndusInd Bank Limited

3.27%

Persistent Systems Limited

3.2%

Steel Authority of India Limited

3.16%

Full Portfolio (70 holdings)

#	Holding	Sector	% to NAV
1	Laurus Labs Limited	Healthcare	4.12%
2	Lupin Limited	Healthcare	3.29%
3	IndusInd Bank Limited	Financial Services	3.27%
4	Persistent Systems Limited	Information Technology	3.2%
5	Steel Authority of India Limited	Materials	3.16%
6	PB Fintech Limited	Financial Services	3%
7	Bharat Forge Limited	Consumer Discretionary	2.96%
8	Hero MotoCorp Limited	Consumer Discretionary	2.87%
9	Delhivery Limited	Services	2.79%
10	Dixon Technologies (India) Limited	Consumer Discretionary	2.75%
11	Tata Communications Limited	Telecommunication	2.65%
12	Dalmia Bharat Limited	Materials	2.58%
13	HDB Financial Services Limited	Financial Services	2.54%
14	Swiggy Limited	Consumer Discretionary	2.42%
15	Prestige Estates Projects Limited	Real Estate	2.16%
16	The Federal Bank Limited	Financial Services	2.11%
17	One 97 Communications Limited	Financial Services	2.05%
18	Axis Bank Limited	Financial Services	2.04%
19	Vedanta Aluminium Metal Limited	Diversified	2.03%
20	FSN E-Commerce Ventures Limited	Consumer Discretionary	1.99%
21	Narayana Hrudayalaya Ltd.	Healthcare	1.93%
22	L&T Finance Limited	Financial Services	1.86%
23	Gland Pharma Limited	Healthcare	1.82%
24	Max Financial Services Limited	Financial Services	1.79%
25	Net Receivables / (Payables)other	—	1.77%
26	Container Corporation of India Limited	Services	1.65%
27	Multi Commodity Exchange of India Limited	Financial Services	1.64%
28	Bharat Heavy Electricals Limited	Industrials	1.59%
29	Tata Power Company Limited	Utilities	1.57%
30	PI Industries Limited	Materials	1.56%
31	Indian Bank	Financial Services	1.5%
32	BSE Limited	Financial Services	1.45%
33	CEAT Limited	Consumer Discretionary	1.45%
34	3M India Limited	Diversified	1.42%
35	SRF Limited	Materials	1.36%
36	Gujarat Fluorochemicals Limited	Materials	1.34%
37	Aditya Birla Capital Limited	Financial Services	1.27%
38	Go Digit General Insurance Limited	Financial Services	1.2%
39	Billionbrains Garage Ventures Limited	Financial Services	1.19%
40	SKF India (Industrial) Limited	Industrials	1.08%
41	Gujarat Gas Limited	Utilities	0.97%
42	Bata India Limited	Consumer Discretionary	0.95%
43	The Phoenix Mills Limited	Real Estate	0.94%
44	Hindustan Aeronautics Limited	Industrials	0.94%
45	Schaeffler India Limited	Consumer Discretionary	0.93%
46	Lenskart Solutions Limited	Consumer Discretionary	0.88%
47	Hindustan Petroleum Corporation Limited	Energy	0.87%
48	Century Plyboards (India) Limited	Consumer Discretionary	0.85%
49	Kfin Technologies Limited	Financial Services	0.76%
50	Voltas Limited	Consumer Discretionary	0.74%
51	Mankind Pharma Limited	Healthcare	0.73%
52	Crompton Greaves Consumer Electricals Limited	Consumer Discretionary	0.7%
53	Wakefit Innovations Limited	Consumer Discretionary	0.68%
54	Oil India Limited	Energy	0.61%
55	Teamlease Services Limited	Industrials	0.47%
56	SKF India Limited	Consumer Discretionary	0.46%
57	Jyothy Labs Limited	Consumer Staples	0.46%
58	Oracle Financial Services Software Limited	Information Technology	0.42%
59	Alkem Laboratories Limited	Healthcare	0.36%
60	Vishal Mega Mart Limited	Consumer Discretionary	0.33%
61	Pine Labs Limited	Financial Services	0.32%
62	Prince Pipes And Fittings Limited	Industrials	0.28%
63	Ola Electric Mobility Limited	Consumer Discretionary	0.22%
64	Mirae Asset Liquid Fund - Direct Plan - Growthmf	—	0.18%
65	TREPStreps	—	0.17%
66	GSPL Transmission Limited	Utilities	0.15%
67	Campus Activewear Limited	Consumer Discretionary	0.08%
68	Mirae Asset Money Market Fund Direct Growthmf	—	0.05%
69	AU Small Finance Bank Limited	Financial Services	0.05%
70	Polycab India Limited	Industrials	0.02%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, Laurus Labs Limited is 4.12% of Mirae Asset Midcap Fund's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, Lupin Limited is 3.29% of Mirae Asset Midcap Fund's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, IndusInd Bank Limited is 3.27% of Mirae Asset Midcap Fund's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Persistent Systems Limited is 3.2% of Mirae Asset Midcap Fund's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, Steel Authority of India Limited is 3.16% of Mirae Asset Midcap Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Mirae Asset Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.