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Mid Cap📊 NIFTY Midcap 150 TRI(SEBI default)

Mirae Asset Midcap Fund · Regular · Growth

Mirae Asset Mutual Fund

#6 of 29 (1Y)

NAV

₹39.9050

as of 14 Jul 2026

Expense Ratio

1.65%

AUM

₹17,697 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+9.39%
3Y
+18.18%
5Y
+15.83%
Since Inception
+22.00%

SIP returns (XIRR)

1Y
+15.92%
3Y
+13.52%
5Y
+16.26%
Since Inception
+20.34%

What history actually did — last 6 years (Jul 2020 – Jul 2026)

A ₹5,000 monthly SIP for the last 6 years (Jul 2020 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹6,12,239 today ₹3,60,000 invested, 18.0% XIRR.

₹3,60,000

Invested

₹6,12,239

Value today

18.0%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 6 years (Jul 2020 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 6 years ago would be ₹3,98,134 today (25.9% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Jul 2020 would still hold ₹33,69,104.

Fund vs Benchmark (TRI)

Same SIP, benchmark total-return index

The same SIP would be worth ₹6,12,239 in this fund vs ₹6,40,718 in the benchmark — underperformance of ₹28,479.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 6 years (Jul 2020 – Jul 2026) (3 Jun 2024) would be ₹1,20,902 today (1.21×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

0.44

Sharpe Ratio

+0.11

Alpha

0.11

Beta

0.41

Sortino

16.90%

Std Dev

-14.60%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 31 May 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryMid Cap
BenchmarkNIFTY Midcap 150 TRI ✓
Launch Date29 Jul 2019
AMFI Code147479
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadIf redeemed within 1 year (365 days) from the date of allotment: 1%, If redeemed after 1 year (365 days) from the date of allotment: NIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 31 May 2026
Holding% NAV

Investment Objective

Mirae Asset Midcap Fund · Regular · Growth seeks to generate long-term capital appreciation by investing in mid-cap companies — ranked 101st to 250th by market capitalisation. These companies offer a balance of growth potential and relative stability, making them suitable for investors with moderate to high risk appetite.

About This Fund

Mirae Asset Midcap Fund · Regular · Growth is a Mid Cap mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 6 years. It manages assets worth ₹17,697 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY Midcap 150 TRI. The current expense ratio is 1.65%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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