ReviewDirect · Growth
Mirae Asset Multicap Fund
Mirae Asset Mutual FundEquity Schemes - Multi Cap Fund3.1 years
- NAV
- 15.111
- 15 Sept 2026
- 1Y
- +1.1%
- Trailing CAGR
- AUM
- ₹5,470.01 Cr
- 31 Aug 2026
- Volatility
- Medium
- 14.4% annualized
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+1.1%
- 3Y+12.6%
- 5Yn/a
- 10Yn/a
- SI+14.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+2.3%
- 3Y+7.7%
- 5Yn/a
- 10Yn/a
- Since inception
- +14.2%
- Calendar-day CAGR
- Excess 1Y
- -6.9%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- Worst rolling 3Y
- +12.6%
- 16 daily-ending windows
- Median rolling 3Y
- +14.9%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- +7.7%
- 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
- 11 days
- 44 recovered episodes
- Longest recovery
- 118 days
- Trough to prior peak
- Current spell
- 18 days
- Days below latest peak
- Time below peak
- +85%
- NAV observations
27 Sept 2024 – 26 Jun 2025
Trough 28 Feb 2025 · recovered in 118 days
-18.2%
2 Jan 2026 – 10 Jul 2026
Trough 30 Mar 2026 · recovered in 102 days
-14.7%
3 Jun 2024 – 7 Jun 2024
Trough 4 Jun 2024 · recovered in 3 days
-5.8%
23 Feb 2024 – 3 Apr 2024
Trough 13 Mar 2024 · recovered in 21 days
-5.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
7
Consistency
22
Risk-adjusted
58
Drawdown
55
Mean
28
Portfolio
31 Aug 2026 · 83 holdings · top 10 are 28.3%.
- Top 5
- 17.7%
- Top 10
- 28.3%
- Largest holding
- 5.3%
- Effective holdings
- 56.9
HDFC Bank Ltd
Financial
5.3%
ICICI Bank Ltd
Financial
3.8%
Axis Bank Ltd
Financial
3.4%
Delhivery Ltd
Industrials
2.7%
Gland Pharma Ltd
Healthcare
2.3%
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
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 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.
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.
Axis Multicap Fund
Axis Mutual Fund
- 1Y
- +7.7%
- 3Y
- +18.3%
- Vol
- 13.9%
- Max DD
- -18.1%
- Sharpe
- 0.79
- 3Y win
- +98%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Groww Multicap Fund
Groww Mutual Fund
- 1Y
- +15.5%
- 3Y
- n/a
- Vol
- 15.5%
- Max DD
- -16.5%
- Sharpe
- 0.51
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
HSBC Multi Cap Fund
HSBC Mutual Fund
- 1Y
- +9.4%
- 3Y
- +17.7%
- Vol
- 15.1%
- Max DD
- -20.1%
- Sharpe
- 1.14
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
ICICI Prudential Multi Cap Fund
ICICI Prudential Mutual Fund
- 1Y
- +4.4%
- 3Y
- +14.3%
- Vol
- 15.4%
- Max DD
- -38.9%
- Sharpe
- 0.71
- 3Y win
- +24%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Invesco India Multi Cap Fund
Invesco Mutual Fund
- 1Y
- +0.1%
- 3Y
- +12.7%
- Vol
- 15.9%
- Max DD
- -38.0%
- Sharpe
- 0.77
- 3Y win
- +28%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown