Mirae Asset Midcap Fund Datagrid
Category Mid Cap Fund
BMSMONEY Rank 14
Rating
Growth Option 11-09-2026
NAV ₹40.15(R) -0.51% ₹43.97(D) -0.5%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 9.05% 14.15% 14.37% 21.9% -%
Direct 10.24% 15.39% 15.68% 23.46% -%
Nifty Midcap 150 TRI 6.88% 14.46% 16.36% 22.53% 17.29%
SIP (XIRR) Regular 13.06% 11.93% 15.54% 19.42% -%
Direct 14.28% 13.15% 16.83% 20.89% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.64 0.31 0.56 -0.81% 0.13
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
18.24% -28.54% -22.6% 0.98 13.73%
Fund AUM As on: 30/12/2025 18088 Cr
Top Mid Cap Fund
Fund Name Rank Rating
HSBC Mid Cap Fund 1
Whiteoak Capital Mid Cap Fund 2
Invesco India Midcap Fund 3
ICICI Prudential Midcap Fund 4
Mahindra Manulife Mid Cap Fund 5
Baroda BNP Paribas Mid Cap Fund 6

NAV Date: 11-09-2026

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Midcap Fund Regular IDCW 26.22
-0.1300
-0.5000%
Mirae Asset Midcap Fund Direct IDCW 28.89
-0.1500
-0.5000%
Mirae Asset Midcap Fund - Regular Plan-Growth Option 40.15
-0.2000
-0.5100%
Mirae Asset Midcap Fund- Direct Growth Option 43.97
-0.2200
-0.5000%

Review Date: 11-09-2026

Beginning of Analysis

Mirae Asset Midcap Fund is the 9th ranked fund in the Mid Cap Fund category. 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 -0.81% which is lower than the category average of -0.72%. The fund has a Sharpe Ratio of 0.64 which is lower than the category average of 0.7.
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 -1.29%, 9.6 and 14.51 in last one, three and six months respectively. In the same period the category average return was -1.31%, 7.76% and 13.13% respectively.
  • Mirae Asset Midcap Fund has given a return of 10.24% in last one year. In the same period the Nifty Midcap 150 TRI return was 6.88%. The fund has given 3.36% more return than the benchmark return.
  • The fund has given a return of 15.39% in last three years and rank 18th out of twenty seven funds in the category. In the same period the Nifty Midcap 150 TRI return was 14.46%. The fund has given 0.93% more return than the benchmark return.
  • Mirae Asset Midcap Fund has given a return of 15.68% in last five years and category average returns is 15.52% in same period. The fund ranked 11th out of twenty one funds in the category. In the same period the Nifty Midcap 150 TRI return was 16.36%. The fund has given 0.68% less return than the benchmark return.
  • The fund has given a SIP return of 14.28% in last one year whereas category average SIP return is 13.02%. The fund one year return rank in the category is 11th in 29 funds
  • The fund has SIP return of 13.15% in last three years and ranks 9th in 27 funds. HSBC Mid Cap Fund has given the highest SIP return (20.79%) in the category in last three years.
  • The fund has SIP return of 16.83% in last five years whereas category average SIP return is 16.17%.

Mirae Asset Midcap Fund Risk Analysis

  • The fund has a standard deviation of 18.24 and semi deviation of 13.73. The category average standard deviation is 17.69 and semi deviation is 13.11.
  • The fund has a Value at Risk (VaR) of -28.54 and a maximum drawdown of -22.6. The category average VaR is -28.11 and the maximum drawdown is -20.75. 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 % -1.38 -2.55
    -1.40
    		-3.17 | 1.29 16 | 32 Good
    3M Return % 9.30 5.39
    7.47
    		2.77 | 13.24 7 | 31 Very Good
    6M Return % 13.89 10.01
    12.51
    		5.81 | 24.19 9 | 30 Good
    1Y Return % 9.05 6.88
    7.50
    		-0.58 | 20.19 9 | 29 Good
    3Y Return % 14.15 14.46
    14.89
    		8.26 | 22.56 18 | 27 Average
    5Y Return % 14.37 16.36
    14.27
    		9.24 | 18.51 10 | 21 Good
    7Y Return % 21.90 22.53
    20.70
    		16.83 | 23.44 8 | 19 Good
    1Y SIP Return % 13.06
    11.84
    		5.01 | 29.64 11 | 29 Good
    3Y SIP Return % 11.93
    10.76
    		3.10 | 19.53 8 | 27 Good
    5Y SIP Return % 15.54
    14.94
    		9.40 | 20.65 10 | 21 Good
    7Y SIP Return % 19.42
    18.49
    		14.62 | 22.44 8 | 19 Good
    Standard Deviation 18.24
    17.69
    		15.49 | 20.24 19 | 27 Average
    Semi Deviation 13.73
    13.11
    		11.71 | 15.09 22 | 27 Poor
    Max Drawdown % -22.60
    -20.75
    		-28.30 | -16.42 21 | 27 Average
    VaR 1 Y % -28.54
    -28.11
    		-34.34 | -21.82 18 | 27 Average
    Average Drawdown % 10.69
    9.29
    		5.86 | 14.16 8 | 27 Good
    Sharpe Ratio 0.64
    0.70
    		0.24 | 0.98 18 | 27 Average
    Sterling Ratio 0.56
    0.62
    		0.30 | 0.89 21 | 27 Average
    Sortino Ratio 0.31
    0.34
    		0.14 | 0.46 19 | 27 Average
    Jensen Alpha % -0.81
    -0.72
    		-8.38 | 4.51 13 | 26 Good
    Treynor Ratio 0.13
    0.14
    		0.05 | 0.20 19 | 26 Average
    Modigliani Square Measure % 11.68
    12.48
    		4.27 | 17.32 17 | 26 Average
    Alpha % -1.42
    -2.33
    		-10.12 | 5.15 12 | 26 Good
    Return data last Updated On : Sept. 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Rotate the phone! Best viewed in landscape mode on mobile.
    KPIs* Fund Nifty Midcap 150 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -1.29 -2.55 -1.31 -3.07 | 1.38 16 | 32 Good
    3M Return % 9.60 5.39 7.76 3.04 | 13.36 7 | 31 Very Good
    6M Return % 14.51 10.01 13.13 6.77 | 24.86 9 | 30 Good
    1Y Return % 10.24 6.88 8.67 0.61 | 21.47 10 | 29 Good
    3Y Return % 15.39 14.46 16.16 8.72 | 23.86 18 | 27 Average
    5Y Return % 15.68 16.36 15.52 10.73 | 20.03 11 | 21 Good
    7Y Return % 23.46 22.53 21.99 17.94 | 25.23 7 | 19 Good
    1Y SIP Return % 14.28 13.02 5.83 | 31.01 11 | 29 Good
    3Y SIP Return % 13.15 11.96 4.21 | 20.79 9 | 27 Good
    5Y SIP Return % 16.83 16.17 10.82 | 22.16 11 | 21 Good
    7Y SIP Return % 20.89 19.77 15.64 | 24.06 8 | 19 Good
    Standard Deviation 18.24 17.69 15.49 | 20.24 19 | 27 Average
    Semi Deviation 13.73 13.11 11.71 | 15.09 22 | 27 Poor
    Max Drawdown % -22.60 -20.75 -28.30 | -16.42 21 | 27 Average
    VaR 1 Y % -28.54 -28.11 -34.34 | -21.82 18 | 27 Average
    Average Drawdown % 10.69 9.29 5.86 | 14.16 8 | 27 Good
    Sharpe Ratio 0.64 0.70 0.24 | 0.98 18 | 27 Average
    Sterling Ratio 0.56 0.62 0.30 | 0.89 21 | 27 Average
    Sortino Ratio 0.31 0.34 0.14 | 0.46 19 | 27 Average
    Jensen Alpha % -0.81 -0.72 -8.38 | 4.51 13 | 26 Good
    Treynor Ratio 0.13 0.14 0.05 | 0.20 19 | 26 Average
    Modigliani Square Measure % 11.68 12.48 4.27 | 17.32 17 | 26 Average
    Alpha % -1.42 -2.33 -10.12 | 5.15 12 | 26 Good
    Return data last Updated On : Sept. 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    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
    11-09-2026 40.148 43.968
    10-09-2026 40.352 44.189
    09-09-2026 40.475 44.323
    08-09-2026 40.518 44.369
    07-09-2026 40.5 44.348
    04-09-2026 40.684 44.546
    03-09-2026 40.765 44.632
    02-09-2026 40.635 44.489
    01-09-2026 40.779 44.645
    31-08-2026 41.212 45.117
    28-08-2026 41.144 45.039
    27-08-2026 41.107 44.998
    26-08-2026 41.154 45.048
    25-08-2026 40.971 44.847
    24-08-2026 40.766 44.621
    21-08-2026 40.745 44.593
    20-08-2026 40.673 44.513
    19-08-2026 40.436 44.253
    18-08-2026 40.527 44.351
    17-08-2026 40.588 44.417
    14-08-2026 40.565 44.387
    13-08-2026 40.802 44.645
    12-08-2026 40.727 44.562
    11-08-2026 40.711 44.543

    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.