MonitorDirect · Growth
Mirae Asset Midcap Fund
Mirae Asset Mutual FundEquity Schemes - Mid Cap Fund7.1 years
The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of midcap companies. From time to time, the fund manager may also participate in other Indian equities and equity related securities for optimal portfolio construction.
- NAV
- 43.049
- 15 Sept 2026
- 1Y
- +10.2%
- Trailing CAGR
- Upside capture
- +98%
- Vs NIFTY MIDCAP 150 TRI
- Downside capture
- +91%
- Lower is better
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+10.2%
- 3Y+15.4%
- 5Y+15.7%
- 10Yn/a
- SI+23.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+14.3%
- 3Y+13.2%
- 5Y+16.8%
- 10Yn/a
- Since inception
- +23.3%
- Calendar-day CAGR
- Excess 1Y
- -1.1%
- Category median, same plan and option
- 3Y win rate
- +40%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- Worst rolling 3Y
- +13.3%
- 1014 daily-ending windows
- Median rolling 3Y
- +23.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 527 daily-ending windows
- SIP 3Y XIRR
- +13.2%
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.
- 1Y excess
- +3.4%
- Fund minus TRI
- 3Y excess
- +0.9%
- Fund minus TRI
- Upside capture
- +98%
- Benchmark-up months
- Downside capture
- +91%
- Lower is better
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
- 11 days
- 108 recovered episodes
- Longest recovery
- 213 days
- Trough to prior peak
- Current spell
- 11 days
- Days below latest peak
- Time below peak
- +83%
- NAV observations
20 Feb 2020 – 22 Oct 2020
Trough 23 Mar 2020 · recovered in 213 days
-37.4%
1 Oct 2024 – 16 Sept 2025
Trough 28 Feb 2025 · recovered in 200 days
-22.5%
17 Jan 2022 – 6 Sept 2022
Trough 20 Jun 2022 · recovered in 78 days
-17.9%
5 Jan 2026 – 7 May 2026
Trough 31 Mar 2026 · recovered in 37 days
-14.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
43
Consistency
47
Risk-adjusted
74
Drawdown
7
Mean
34
Portfolio
31 Aug 2026 · 68 holdings · top 10 are 31.6%.
- Top 5
- 17.2%
- Top 10
- 31.6%
- Largest holding
- 4.0%
- Effective holdings
- 47.4
Laurus Labs Ltd
Healthcare
4.0%
Steel Authority Of India Ltd
Materials
3.5%
Lupin Ltd
Healthcare
3.3%
Indusind Bank Ltd
Financial
3.2%
Persistent Systems Ltd
Technology
3.1%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 11 Sept 2026
Monitor
Engine status
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Recent evidence
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
HSBC Midcap Fund
HSBC Mutual Fund
- 1Y
- +21.5%
- 3Y
- +23.9%
- Vol
- 17.0%
- Max DD
- -26.0%
- Sharpe
- 1.13
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Invesco India Mid Cap Fund
Invesco Mutual Fund
- 1Y
- +10.4%
- 3Y
- +22.9%
- Vol
- 16.1%
- Max DD
- -34.1%
- Sharpe
- 0.97
- 3Y win
- +51%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
JM Mid Cap Fund
JM Financial Mutual Fund
- 1Y
- +6.7%
- 3Y
- +17.9%
- Vol
- 16.6%
- Max DD
- -22.5%
- Sharpe
- 1.04
- 3Y win
- +48%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Kotak Mid Cap Fund
Kotak Mahindra Mutual Fund
- 1Y
- +4.1%
- 3Y
- +16.8%
- Vol
- 15.3%
- Max DD
- -36.0%
- Sharpe
- 0.94
- 3Y win
- +69%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Mahindra Manulife Mid Cap Fund
Mahindra Manulife Mutual Fund
- 1Y
- +7.3%
- 3Y
- +16.8%
- Vol
- 16.9%
- Max DD
- -33.1%
- Sharpe
- 0.80
- 3Y win
- +77%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns