ReviewDirect · Growth

Mirae Asset Large & Midcap Fund

Mirae Asset Mutual Fund Equity Schemes - Large & Mid Cap Fund13.7 years

To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of large cap and midcap companies at the time of investment.

NAV: 173.739; 15 Sept 2026
1Y: +3.8%; Trailing CAGR
AUM: ₹45,275.31 Cr; 31 Aug 2026
Volatility: High; 16.1% annualized

NAV path pending

NAV

Path not in current snapshots

n/a

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+3.8%
3Y+11.4%
5Y+10.8%
10Y+16.3%
SI+20.3%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+3.7%
3Y+7.6%
5Y+11.7%
10Y+15.8%

Since inception: +20.3%; Calendar-day CAGR
Excess 1Y: -2.3%; Category median, same plan and option
3Y win rate: +73%; Windows beating the median
3Y percentile: 0; Vs comparable share classes
Worst rolling 3Y: -2.3%; 2637 daily-ending windows
Median rolling 3Y: +19.8%; Calendar-day CAGR
Positive rolling 5Y: +100%; 2144 daily-ending windows
SIP 3Y XIRR: +7.6%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

Path not in current snapshots

n/a

Average recovery: 13 days; 185 recovered episodes
Longest recovery: 361 days; Trough to prior peak
Current spell: 39 days; Days below latest peak
Time below peak: +85%; NAV observations

16 Jan 2020 – 28 Aug 2020
Trough 23 Mar 2020 · recovered in 158 days
-36.9%
27 Sept 2024 – 20 Oct 2025
Trough 28 Feb 2025 · recovered in 234 days
-19.5%
18 Oct 2021 – 16 Jun 2023
Trough 20 Jun 2022 · recovered in 361 days
-19.3%
15 Jan 2013 – 19 Nov 2013
Trough 28 Aug 2013 · recovered in 83 days
-18.6%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
0
Vs category
36
Consistency
68
Risk-adjusted
71
Drawdown
8
Mean
37

Portfolio

31 Aug 2026 · 85 holdings · top 10 are 31.8%.

Top 5: 20.3%
Top 10: 31.8%
Largest holding: 6.0%
Effective holdings: 49.4

HDFC Bank Ltd
Financial
6.0%
ICICI Bank Ltd
Financial
3.9%
Laurus Labs Ltd
Healthcare
3.8%
Axis Bank Ltd
Financial
3.4%
State Bank of India
Financial
3.1%

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

The fund beat the category median in 73% of rolling 3-year windows.
Risk-adjusted return sits above the documented risk-free proxy.

Worth investigating

Same-category peers with enough history to inspect beside this fund.

All funds

ReviewDirect · Growth

Mirae Asset Large & Midcap Fund

Mirae Asset Mutual Fund Equity Schemes - Large & Mid Cap Fund13.7 years

NAV: 173.739; 15 Sept 2026
1Y: +3.8%; Trailing CAGR
AUM: ₹45,275.31 Cr; 31 Aug 2026
Volatility: High; 16.1% annualized

Sept 2024 – Sept 2026

All funds

ReviewDirect · Growth

Mirae Asset Large & Midcap Fund

Mirae Asset Mutual Fund Equity Schemes - Large & Mid Cap Fund13.7 years

NAV: 173.739; 15 Sept 2026
1Y: +3.8%; Trailing CAGR
AUM: ₹45,275.31 Cr; 31 Aug 2026
Volatility: High; 16.1% annualized

NAV path pending

NAV

15 Sept 2026 · +1.6% over 1Y

173.739

Sept 2025153.727 – 181.884Sept 2026

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+3.8%
3Y+11.4%
5Y+10.8%
10Y+16.3%
SI+20.3%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+3.7%
3Y+7.6%
5Y+11.7%
10Y+15.8%

Since inception: +20.3%; Calendar-day CAGR
Excess 1Y: -2.3%; Category median, same plan and option
3Y win rate: +73%; Windows beating the median
3Y percentile: 0; Vs comparable share classes
Worst rolling 3Y: -2.3%; 2637 daily-ending windows
Median rolling 3Y: +19.8%; Calendar-day CAGR
Positive rolling 5Y: +100%; 2144 daily-ending windows
SIP 3Y XIRR: +7.6%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-4.5%

Jan 2013-36.9% – 0.0%Sept 2026

Average recovery: 13 days; 185 recovered episodes
Longest recovery: 361 days; Trough to prior peak
Current spell: 39 days; Days below latest peak
Time below peak: +85%; NAV observations

16 Jan 2020 – 28 Aug 2020
Trough 23 Mar 2020 · recovered in 158 days
-36.9%
27 Sept 2024 – 20 Oct 2025
Trough 28 Feb 2025 · recovered in 234 days
-19.5%
18 Oct 2021 – 16 Jun 2023
Trough 20 Jun 2022 · recovered in 361 days
-19.3%
15 Jan 2013 – 19 Nov 2013
Trough 28 Aug 2013 · recovered in 83 days
-18.6%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
0
Vs category
36
Consistency
68
Risk-adjusted
71
Drawdown
8
Mean
37

Portfolio

31 Aug 2026 · 85 holdings · top 10 are 31.8%.

Top 5: 20.3%
Top 10: 31.8%
Largest holding: 6.0%
Effective holdings: 49.4

HDFC Bank Ltd
Financial
6.0%
ICICI Bank Ltd
Financial
3.9%
Laurus Labs Ltd
Healthcare
3.8%
Axis Bank Ltd
Financial
3.4%
State Bank of India
Financial
3.1%

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

The fund beat the category median in 73% of rolling 3-year windows.
Risk-adjusted return sits above the documented risk-free proxy.

NAV

Path not in current snapshots

n/a

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+3.8%
3Y+11.4%
5Y+10.8%
10Y+16.3%
SI+20.3%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+3.7%
3Y+7.6%
5Y+11.7%
10Y+15.8%

Since inception: +20.3%; Calendar-day CAGR
Excess 1Y: -2.3%; Category median, same plan and option
3Y win rate: +73%; Windows beating the median
3Y percentile: 0; Vs comparable share classes
Worst rolling 3Y: -2.3%; 2637 daily-ending windows
Median rolling 3Y: +19.8%; Calendar-day CAGR
Positive rolling 5Y: +100%; 2144 daily-ending windows
SIP 3Y XIRR: +7.6%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

Path not in current snapshots

n/a

Average recovery: 13 days; 185 recovered episodes
Longest recovery: 361 days; Trough to prior peak
Current spell: 39 days; Days below latest peak
Time below peak: +85%; NAV observations

16 Jan 2020 – 28 Aug 2020
Trough 23 Mar 2020 · recovered in 158 days
-36.9%
27 Sept 2024 – 20 Oct 2025
Trough 28 Feb 2025 · recovered in 234 days
-19.5%
18 Oct 2021 – 16 Jun 2023
Trough 20 Jun 2022 · recovered in 361 days
-19.3%
15 Jan 2013 – 19 Nov 2013
Trough 28 Aug 2013 · recovered in 83 days
-18.6%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
0
Vs category
36
Consistency
68
Risk-adjusted
71
Drawdown
8
Mean
37

Portfolio

31 Aug 2026 · 85 holdings · top 10 are 31.8%.

Top 5: 20.3%
Top 10: 31.8%
Largest holding: 6.0%
Effective holdings: 49.4

HDFC Bank Ltd
Financial
6.0%
ICICI Bank Ltd
Financial
3.9%
Laurus Labs Ltd
Healthcare
3.8%
Axis Bank Ltd
Financial
3.4%
State Bank of India
Financial
3.1%

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

The fund beat the category median in 73% of rolling 3-year windows.
Risk-adjusted return sits above the documented risk-free proxy.

Worth investigating

Same-category peers with enough history to inspect beside this fund.

NAV

15 Sept 2026 · +1.6% over 1Y

173.739

Sept 2025153.727 – 181.884Sept 2026

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+3.8%
3Y+11.4%
5Y+10.8%
10Y+16.3%
SI+20.3%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+3.7%
3Y+7.6%
5Y+11.7%
10Y+15.8%

Since inception: +20.3%; Calendar-day CAGR
Excess 1Y: -2.3%; Category median, same plan and option
3Y win rate: +73%; Windows beating the median
3Y percentile: 0; Vs comparable share classes
Worst rolling 3Y: -2.3%; 2637 daily-ending windows
Median rolling 3Y: +19.8%; Calendar-day CAGR
Positive rolling 5Y: +100%; 2144 daily-ending windows
SIP 3Y XIRR: +7.6%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-4.5%

Jan 2013-36.9% – 0.0%Sept 2026

Average recovery: 13 days; 185 recovered episodes
Longest recovery: 361 days; Trough to prior peak
Current spell: 39 days; Days below latest peak
Time below peak: +85%; NAV observations

16 Jan 2020 – 28 Aug 2020
Trough 23 Mar 2020 · recovered in 158 days
-36.9%
27 Sept 2024 – 20 Oct 2025
Trough 28 Feb 2025 · recovered in 234 days
-19.5%
18 Oct 2021 – 16 Jun 2023
Trough 20 Jun 2022 · recovered in 361 days
-19.3%
15 Jan 2013 – 19 Nov 2013
Trough 28 Aug 2013 · recovered in 83 days
-18.6%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
0
Vs category
36
Consistency
68
Risk-adjusted
71
Drawdown
8
Mean
37

Portfolio

31 Aug 2026 · 85 holdings · top 10 are 31.8%.

Top 5: 20.3%
Top 10: 31.8%
Largest holding: 6.0%
Effective holdings: 49.4

HDFC Bank Ltd
Financial
6.0%
ICICI Bank Ltd
Financial
3.9%
Laurus Labs Ltd
Healthcare
3.8%
Axis Bank Ltd
Financial
3.4%
State Bank of India
Financial
3.1%

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

The fund beat the category median in 73% of rolling 3-year windows.
Risk-adjusted return sits above the documented risk-free proxy.

Mirae Asset Large & Midcap Fund

Returns

Drawdown

Dimensions

Portfolio

What changed

Decision

Worth investigating

Helios Large & Mid Cap Fund

WhiteOak Capital Large & Mid Cap Fund

Axis Large & Mid Cap Fund

Invesco India Large & Mid Cap Fund

Kotak Large & Mid Cap Fund

Mirae Asset Large & Midcap Fund

Mirae Asset Large & Midcap Fund

Returns

Drawdown

Dimensions

Portfolio

What changed

Decision

Returns

Drawdown

Dimensions

Portfolio

What changed

Decision

Worth investigating

Helios Large & Mid Cap Fund

WhiteOak Capital Large & Mid Cap Fund

Axis Large & Mid Cap Fund

Invesco India Large & Mid Cap Fund

Kotak Large & Mid Cap Fund

Mirae Asset Large & Midcap Fund

Returns

Drawdown

Dimensions

Portfolio

What changed

Decision