Mirae Asset Midcap Fund

Mid CapEquity SEBI-regulated

NAV (Direct-Growth)

₹42.8370

As of 1 Jul 2026 · AMFI

AUM

₹19.0K Cr

Expense ratio

0.50%

1Y returns

+9.43%

cat 4.74%

3Y CAGR

+20.04%

cat 19.41%

5Y CAGR

+17.55%

cat 16.88%

Std deviation 3Y

+18.27%

cat 17.97%

In plain English

Mirae Asset Midcap Fund is a Mid Cap scheme from Mirae Asset. The portfolio is ~99% in equities. Long-run track record: about 17.6% CAGR over 5 years. Volatility is high — expect 30 %+ paper losses during major corrections. Worst historical drawdown: -37% in Mar 2020, recovered in 7 months. Wrong fit if you need this money in less than 5 years.

Auto-generated from holdings, returns and risk data. No paid placement, no copy-pasted boilerplate.

NAV history

NAV (Direct-Growth)

₹42.8370

Last 1Y

+8.74%

Jul 25Min ₹35.83 · Max ₹42.84 · 245 ptsJul 26

Drawdown stories

The crashes you should know about — and how long the fund took to recover.

Mar 2020

-37.4%

Peak ₹11.97 on 20 Feb 2020 → trough ₹7.49 on 23 Mar 2020 (1 months down).

Recovered in 7 months· 22 Oct 2020

Feb 2025

-22.5%

Peak ₹40.39 on 1 Oct 2024 → trough ₹31.29 on 28 Feb 2025 (5 months down).

Recovered in 7 months· 16 Sept 2025

Jun 2022

-17.9%

Peak ₹22.79 on 17 Jan 2022 → trough ₹18.70 on 20 Jun 2022 (5 months down).

Recovered in 3 months· 6 Sept 2022

Mar 2026

-14.4%

Peak ₹41.85 on 5 Jan 2026 → trough ₹35.83 on 31 Mar 2026 (3 months down).

Recovered in 1 months· 7 May 2026

Computed from the full NAV history. We show drawdowns deeper than 10%, sorted by depth.

Honesty score

A 1–5 grade on the dimensions other sites won't surface — expense bloat, AUM bloat, concentration, mandate compliance.

Honesty score

5 / 5

Solid scheme on the dimensions we check. No red flags.

Expense ratio
0.50% — well below typical 1% for equity.
AUM size
₹19.0K Cr — reasonable for a mid-cap fund.
Sector concentration
Top 3 sectors = 56.2% — diversified across sectors.
Style drift
Allocation matches the declared category mandate.

Computed from expense ratio, AUM, sector concentration and SEBI mandate compliance. No paid review.

Performance

Returns for various periods, with category average and peer rank.

Period	Returns	Category avg	Rank
1W	+1.25%	-0.40%	11/ 33
1M	+10.85%	+9.42%	18/ 33
3M	+4.40%	+4.68%	25/ 31
6M	+3.17%	+3.43%	19/ 31
YTD	+4.11%	+3.69%	18/ 31
1Y	+9.43%	+4.74%	9/ 30
2Y	+10.05%	+8.93%	17/ 29
3Y	+20.04%	+19.41%	16/ 29
5Y	+17.55%	+16.88%	14/ 25
7Y	—	+16.44%	—
10Y	—	+16.54%	—

Portfolio composition

Asset allocation

Equity99.02%
Debt0.01%
Cash0.97%

By market cap

Large cap10.70%
Mid cap72.34%
Small cap16.13%
Others0.83%

Concentration

Holdings

Avg market cap

₹59.0K Cr

Top 10 stocks

31.73%

Top 5 stocks

17.40%

Top 3 sectors

56.18%

Top holdings

Top 15 positions by weight, latest disclosure.

#InstrumentSectorWeight

1
Lupin Ltd
—3.99%
1
Lupin Ltd
—3.99%
2
Bharat Forge Ltd
—3.72%
2
Bharat Forge Ltd
—3.72%
3
IndusInd Bank Ltd
—3.32%
3
IndusInd Bank Ltd
—3.32%
4
The Federal Bank Ltd
—3.20%
4
The Federal Bank Ltd
—3.20%
5
Steel Authority Of India Ltd
—3.17%
5
Steel Authority Of India Ltd
—3.17%
6
Delhivery Ltd
—3.16%
6
Delhivery Ltd
—3.16%
7
PB Fintech Ltd
—2.96%
7
PB Fintech Ltd
—2.96%
8
Hero MotoCorp Ltd
—2.78%

Fundamentals (vs category)

Portfolio-weighted ratios, compared with the category average.

MetricFundCategory avgDiff

P/E ratio33.8331.18+2.65
P/B ratio3.824.54-0.72
Price / Sales2.673.40-0.73
Price / Cash Flow17.1922.96-5.77
Dividend yield0.75%0.80%-0.05
Return on equity (ROE)13.83%18.19%-4.36

Risk metrics

Standard deviation, Sharpe, Sortino, Beta — all vs category average.

Metric1Y3Y5YCat 1YCat 3YCat 5Y

Standard deviation
Volatility — lower means steadier returns.
19.0918.2716.5319.4017.9716.47
Sharpe ratio
Risk-adjusted return — higher is better.
0.210.730.710.010.720.68
Sortino ratio
Like Sharpe but only counts downside volatility.
0.321.111.120.041.131.09
Beta
1 = moves with the market. <1 = less volatile.
0.980.990.950.960.950.93

Peers in Mid Cap

Other schemes in the same SEBI category, ranked by AUM.

Peer fundAUM1Y3Y CAGRExpense

Peers in same SEBI category, ranked by AUM. Compare any →

Available plans & options

PlanOptionFull nameISIN

DirectGrowthMirae Asset Midcap Fund- Direct Growth OptionINF769K01FA9
RegularGrowthMirae Asset Midcap Fund - Regular Plan-Growth OptionINF769K01EY2

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