Mirae Asset Midcap Fund Datagrid
Category Mid Cap Fund
BMSMONEY Rank 10
Rating
Growth Option 27-01-2026
NAV ₹35.93(R) +0.14% ₹39.08(D) +0.15%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 13.87% 19.75% 19.85% -% -%
Direct 15.11% 21.07% 21.28% -% -%
Nifty Midcap 150 TRI 10.93% 23.39% 22.46% 20.73% 18.68%
SIP (XIRR) Regular 7.38% 13.0% 15.52% -% -%
Direct 8.58% 14.28% 16.87% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.88 0.42 0.62 -3.16% 0.14
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.81% -24.1% -22.6% 0.98 11.94%
Fund AUM As on: 30/12/2025 18088 Cr
Top Mid Cap Fund
Fund Name Rank Rating
Hdfc Mid Cap Opportunities Fund 1
Whiteoak Capital Mid Cap Fund 2
Invesco India Midcap Fund 3
Edelweiss Mid Cap Fund 4
Icici Prudential Midcap Fund 5
Sundaram Mid Cap Fund 6

NAV Date: 27-01-2026

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Midcap Fund Regular IDCW 23.46
0.0300
0.1400%
Mirae Asset Midcap Fund Direct IDCW 25.68
0.0400
0.1500%
Mirae Asset Midcap Fund - Regular Plan-Growth Option 35.93
0.0500
0.1400%
Mirae Asset Midcap Fund- Direct Growth Option 39.08
0.0600
0.1500%

Review Date: 27-01-2026

Beginning of Analysis

In the Mid Cap Fund category, Mirae Asset Midcap Fund is the 9th ranked fund. The category has total 24 funds. The Mirae Asset Midcap Fund has shown a very good past performence in Mid Cap Fund. The fund has a Jensen Alpha of -3.16% which is lower than the category average of -0.7%, reflecting poor performance. The fund has a Sharpe Ratio of 0.88 which is lower than the category average of 0.98.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Mid Cap Mutual Funds are ideal for aggressive investors seeking higher returns by investing in mid-cap companies with significant growth potential. These funds invest primarily in companies ranked 101st to 250th by market capitalization, offering a portfolio of high-growth stocks. While they provide the potential for significant capital appreciation, they also carry higher risks due to the volatility of mid-cap stocks. Investors should have a long-term investment horizon and a high risk tolerance to invest in these funds. Additionally, the success of these funds depends on the fund manager's ability to identify and manage high-growth mid-cap stocks effectively.

Mirae Asset Midcap Fund Return Analysis

The Mirae Asset Midcap Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its Mid Cap Fund peers and the Nifty Midcap 150 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the Mid Cap Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of -4.61%, -4.95 and 0.51 in last one, three and six months respectively. In the same period the category average return was -4.6%, -5.67% and -2.0% respectively.
  • Mirae Asset Midcap Fund has given a return of 15.11% in last one year. In the same period the Nifty Midcap 150 TRI return was 10.93%. The fund has given 4.18% more return than the benchmark return.
  • The fund has given a return of 21.07% in last three years and rank 20th out of 27 funds in the category. In the same period the Nifty Midcap 150 TRI return was 23.39%. The fund has given 2.32% less return than the benchmark return.
  • Mirae Asset Midcap Fund has given a return of 21.28% in last five years and category average returns is 21.3% in same period. The fund ranked 12th out of 21 funds in the category. In the same period the Nifty Midcap 150 TRI return was 22.46%. The fund has given 1.18% less return than the benchmark return.
  • The fund has given a SIP return of 8.58% in last one year whereas category average SIP return is 2.18%. The fund one year return rank in the category is 3rd in 28 funds
  • The fund has SIP return of 14.28% in last three years and ranks 13th in 27 funds. Edelweiss Mid Cap Fund has given the highest SIP return (19.31%) in the category in last three years.
  • The fund has SIP return of 16.87% in last five years whereas category average SIP return is 16.79%.

Mirae Asset Midcap Fund Risk Analysis

  • The fund has a standard deviation of 15.81 and semi deviation of 11.94. The category average standard deviation is 15.39 and semi deviation is 11.47.
  • The fund has a Value at Risk (VaR) of -24.1 and a maximum drawdown of -22.6. The category average VaR is -20.54 and the maximum drawdown is -20.49. The fund has a beta of 0.97 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Mid Cap Fund Category
  • Good Performance in Mid Cap Fund Category
  • Poor Performance in Mid Cap Fund Category
  • Very Poor Performance in Mid Cap Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty Midcap 150 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -4.70 -4.43
    -4.68
    		-9.16 | -2.10 19 | 28 Average
    3M Return % -5.21 -4.19
    -5.92
    		-12.81 | -1.86 13 | 28 Good
    6M Return % -0.04 -0.68
    -2.52
    		-11.22 | 2.01 9 | 28 Good
    1Y Return % 13.87 10.93
    8.04
    		-7.78 | 17.25 3 | 28 Very Good
    3Y Return % 19.75 23.39
    21.00
    		12.48 | 25.71 19 | 27 Average
    5Y Return % 19.85 22.46
    20.00
    		14.86 | 25.51 11 | 21 Good
    1Y SIP Return % 7.38
    1.07
    		-16.40 | 11.26 3 | 28 Very Good
    3Y SIP Return % 13.00
    12.32
    		1.06 | 17.69 11 | 27 Good
    5Y SIP Return % 15.52
    15.54
    		9.74 | 21.04 12 | 21 Good
    Standard Deviation 15.81
    15.39
    		13.01 | 17.89 18 | 27 Average
    Semi Deviation 11.94
    11.47
    		9.76 | 13.57 21 | 27 Average
    Max Drawdown % -22.60
    -20.49
    		-25.01 | -16.42 22 | 27 Poor
    VaR 1 Y % -24.10
    -20.54
    		-24.10 | -14.75 26 | 27 Poor
    Average Drawdown % -7.16
    -7.20
    		-12.38 | -3.92 14 | 27 Good
    Sharpe Ratio 0.88
    0.98
    		0.48 | 1.34 21 | 27 Average
    Sterling Ratio 0.62
    0.71
    		0.41 | 0.96 23 | 27 Poor
    Sortino Ratio 0.42
    0.47
    		0.24 | 0.67 20 | 27 Average
    Jensen Alpha % -3.16
    -0.70
    		-9.33 | 4.41 21 | 26 Average
    Treynor Ratio 0.14
    0.16
    		0.08 | 0.22 21 | 26 Average
    Modigliani Square Measure % 20.20
    21.96
    		13.15 | 28.55 21 | 26 Average
    Alpha % -3.24
    -3.00
    		-11.30 | 2.51 14 | 26 Good
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty Midcap 150 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -4.61 -4.43 -4.60 -9.09 | -2.05 19 | 28 Average
    3M Return % -4.95 -4.19 -5.67 -12.63 | -1.70 14 | 28 Good
    6M Return % 0.51 -0.68 -2.00 -10.75 | 2.82 9 | 28 Good
    1Y Return % 15.11 10.93 9.21 -6.77 | 18.18 2 | 28 Very Good
    3Y Return % 21.07 23.39 22.36 13.91 | 27.44 20 | 27 Average
    5Y Return % 21.28 22.46 21.30 15.97 | 26.88 12 | 21 Good
    1Y SIP Return % 8.58 2.18 -15.48 | 12.18 3 | 28 Very Good
    3Y SIP Return % 14.28 13.63 2.29 | 19.31 13 | 27 Good
    5Y SIP Return % 16.87 16.79 11.07 | 21.86 11 | 21 Good
    Standard Deviation 15.81 15.39 13.01 | 17.89 18 | 27 Average
    Semi Deviation 11.94 11.47 9.76 | 13.57 21 | 27 Average
    Max Drawdown % -22.60 -20.49 -25.01 | -16.42 22 | 27 Poor
    VaR 1 Y % -24.10 -20.54 -24.10 | -14.75 26 | 27 Poor
    Average Drawdown % -7.16 -7.20 -12.38 | -3.92 14 | 27 Good
    Sharpe Ratio 0.88 0.98 0.48 | 1.34 21 | 27 Average
    Sterling Ratio 0.62 0.71 0.41 | 0.96 23 | 27 Poor
    Sortino Ratio 0.42 0.47 0.24 | 0.67 20 | 27 Average
    Jensen Alpha % -3.16 -0.70 -9.33 | 4.41 21 | 26 Average
    Treynor Ratio 0.14 0.16 0.08 | 0.22 21 | 26 Average
    Modigliani Square Measure % 20.20 21.96 13.15 | 28.55 21 | 26 Average
    Alpha % -3.24 -3.00 -11.30 | 2.51 14 | 26 Good
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Mirae Asset Midcap Fund NAV Regular Growth Mirae Asset Midcap Fund NAV Direct Growth
    27-01-2026 35.927 39.082
    23-01-2026 35.877 39.023
    22-01-2026 36.424 39.616
    21-01-2026 36.191 39.361
    20-01-2026 36.537 39.737
    19-01-2026 37.463 40.742
    16-01-2026 37.576 40.862
    14-01-2026 37.513 40.791
    13-01-2026 37.287 40.544
    12-01-2026 37.295 40.552
    09-01-2026 37.425 40.689
    08-01-2026 37.793 41.088
    07-01-2026 38.441 41.791
    06-01-2026 38.337 41.677
    05-01-2026 38.494 41.847
    02-01-2026 38.493 41.841
    01-01-2026 38.265 41.593
    31-12-2025 38.145 41.461
    30-12-2025 37.71 40.987
    29-12-2025 37.698 40.972

    Fund Launch Date: 08/Jul/2019
    Fund Category: Mid Cap Fund
    Investment Objective: The investment objective of the scheme is 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. There is no assurance that the investment objective of the Scheme will be realized.
    Fund Description: Midcap Fund -An open ended equity scheme predominantly investing in mid cap stocks
    Fund Benchmark: NIFTYMidcap 100 Index (Total Return Index)
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.