Mirae Asset Midcap Fund Overview
Category Mid Cap Fund
BMSMONEY Rank 17
BMSMONEY Rating
Gro. Opt. As On: 02-12-2024
NAV ₹35.45(R) +0.89% ₹38.08(D) +0.9%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 27.5% 19.56% 26.13% -% -%
LumpSum (D) 28.9% 20.95% 27.79% -% -%
SIP (R) 16.89% 25.7% 27.44% -% -%
SIP (D) 18.2% 27.11% 29.03% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.81 0.43 0.96 -1.74% 0.14
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.82% -17.85% -10.36% 0.87 10.23%
Top Mid Cap Fund
Fund Name Rank Rating
Motilal Oswal Midcap Fund 1
Edelweiss Mid Cap Fund 2
Kotak Emerging Equity Fund 3
Hdfc Mid Cap Opportunities Fund 4
Nippon India Growth Fund 5

NAV Date: 02-12-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Midcap Fund Regular IDCW 27.27
0.2400
0.8900%
Mirae Asset Midcap Fund Direct IDCW 29.47
0.2600
0.9000%
Mirae Asset Midcap Fund - Regular Plan-Growth Option 35.45
0.3100
0.8900%
Mirae Asset Midcap Fund- Direct Growth Option 38.08
0.3400
0.9000%

Review Date: 02-12-2024

Mirae Asset Midcap Fund has shown poor performance in the Mid Cap Fund category. The fund has rank of 17 out of 22 funds in the category. The fund has delivered return of 27.5% in 1 year, 19.56% in 3 years and 26.13% in 5 years. The category average for the same periods is 33.39%, 21.98% and 26.64% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 14.82, VaR of -17.85, Average Drawdown of -5.51, Semi Deviation of 10.23 and Max Drawdown of -10.36. The category average for the same parameters is 14.64, -17.7, -5.51, 10.06 and -12.07 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in Mirae Asset Midcap Fund direct growth option would have grown to ₹12890.0 in 1 year, ₹17693.0 in 3 years and ₹34083.0 in 5 years as of today (02-12-2024).
  2. An SIP of ₹1,000 per month in Mirae Asset Midcap Fund direct growth option would have grown to ₹13152.0 in 1 year, ₹53256.0 in 3 years and ₹122655.0 in 5 years as of today (02-12-2024).
  3. standard deviation of 14.82 and based on VaR one can expect to lose more than -17.85% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.81 which shows average performance of fund in the mid cap fund category.
  5. The fund has R-square of 0.94, Beta of 0.87 and Jensen's Alpha of -1.74% which exhibit average performance in the mid cap fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 1.98
2.00
-0.55 | 6.33 16 | 27 Average
3M Return % -3.85
-2.02
-7.99 | 6.46 22 | 27 Poor
6M Return % 7.39
9.35
-7.62 | 27.93 20 | 27 Average
1Y Return % 27.50
33.39
19.09 | 59.45 22 | 27 Poor
3Y Return % 19.56
21.98
14.02 | 34.78 14 | 22 Average
5Y Return % 26.13
26.64
21.05 | 32.82 11 | 20 Average
1Y SIP Return % 16.89
24.31
3.17 | 55.67 23 | 27 Poor
3Y SIP Return % 25.70
29.69
19.39 | 45.22 18 | 22 Average
5Y SIP Return % 27.44
29.06
23.02 | 40.79 12 | 20 Average
Standard Deviation 14.82
14.64
12.81 | 17.07 15 | 22 Average
Semi Deviation 10.23
10.06
8.89 | 11.85 16 | 22 Average
Max Drawdown % -10.36
-12.07
-14.82 | -8.36 6 | 22 Very Good
VaR 1 Y % -17.85
-17.70
-22.46 | -14.85 13 | 22 Average
Average Drawdown % -5.51
-5.51
-8.02 | -3.01 11 | 22 Good
Sharpe Ratio 0.81
0.98
0.48 | 1.71 15 | 22 Average
Sterling Ratio 0.96
1.02
0.60 | 1.83 13 | 22 Average
Sortino Ratio 0.43
0.54
0.27 | 1.06 15 | 22 Average
Jensen Alpha % -1.74
1.73
-4.79 | 15.99 16 | 22 Average
Treynor Ratio 0.14
0.17
0.09 | 0.34 15 | 22 Average
Modigliani Square Measure % 21.73
24.31
16.36 | 37.17 14 | 22 Average
Alpha % -4.75
-1.81
-10.37 | 10.51 16 | 22 Average
Return data last Updated On : Dec. 2, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.07 2.09 -0.49 | 6.41 16 | 27
3M Return % -3.59 -1.76 -7.73 | 6.74 21 | 27
6M Return % 7.98 9.96 -7.09 | 28.61 20 | 27
1Y Return % 28.90 34.90 19.56 | 61.19 22 | 27
3Y Return % 20.95 23.36 15.63 | 36.29 14 | 22
5Y Return % 27.79 28.05 22.21 | 34.37 11 | 20
1Y SIP Return % 18.20 25.74 4.38 | 57.37 23 | 27
3Y SIP Return % 27.11 31.10 20.95 | 46.79 18 | 22
5Y SIP Return % 29.03 30.47 24.11 | 42.37 12 | 20
Standard Deviation 14.82 14.64 12.81 | 17.07 15 | 22
Semi Deviation 10.23 10.06 8.89 | 11.85 16 | 22
Max Drawdown % -10.36 -12.07 -14.82 | -8.36 6 | 22
VaR 1 Y % -17.85 -17.70 -22.46 | -14.85 13 | 22
Average Drawdown % -5.51 -5.51 -8.02 | -3.01 11 | 22
Sharpe Ratio 0.81 0.98 0.48 | 1.71 15 | 22
Sterling Ratio 0.96 1.02 0.60 | 1.83 13 | 22
Sortino Ratio 0.43 0.54 0.27 | 1.06 15 | 22
Jensen Alpha % -1.74 1.73 -4.79 | 15.99 16 | 22
Treynor Ratio 0.14 0.17 0.09 | 0.34 15 | 22
Modigliani Square Measure % 21.73 24.31 16.36 | 37.17 14 | 22
Alpha % -4.75 -1.81 -10.37 | 10.51 16 | 22
Return data last Updated On : Dec. 2, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.89 ₹ 10,089.00 0.90 ₹ 10,090.00
1W 1.84 ₹ 10,184.00 1.87 ₹ 10,187.00
1M 1.98 ₹ 10,198.00 2.07 ₹ 10,207.00
3M -3.85 ₹ 9,615.00 -3.59 ₹ 9,641.00
6M 7.39 ₹ 10,739.00 7.98 ₹ 10,798.00
1Y 27.50 ₹ 12,750.00 28.90 ₹ 12,890.00
3Y 19.56 ₹ 17,089.00 20.95 ₹ 17,693.00
5Y 26.13 ₹ 31,922.00 27.79 ₹ 34,083.00
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 16.89 ₹ 13,070.76 18.20 ₹ 13,151.81
3Y ₹ 36000 25.70 ₹ 52,247.38 27.11 ₹ 53,256.17
5Y ₹ 60000 27.44 ₹ 118,099.86 29.03 ₹ 122,655.42
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Midcap Fund NAV Regular Growth Mirae Asset Midcap Fund NAV Direct Growth
02-12-2024 35.446 38.081
29-11-2024 35.134 37.742
28-11-2024 34.982 37.577
27-11-2024 34.926 37.516
26-11-2024 34.744 37.32
25-11-2024 34.804 37.382
22-11-2024 34.13 36.656
21-11-2024 33.705 36.198
19-11-2024 33.78 36.277
18-11-2024 33.45 35.921
14-11-2024 33.676 36.159
13-11-2024 33.55 36.024
12-11-2024 34.489 37.031
11-11-2024 35.007 37.585
08-11-2024 35.201 37.791
07-11-2024 35.465 38.073
06-11-2024 35.586 38.202
05-11-2024 34.968 37.537
04-11-2024 34.758 37.31

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.