Mirae Asset Midcap Fund Overview
Category Mid Cap Fund
BMSMONEY Rank 20
Rating
Growth Option 21-02-2025
NAV ₹30.4(R) -0.85% ₹32.74(D) -0.85%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -0.57% 14.99% 20.73% -% -%
Direct 0.52% 16.31% 22.3% -% -%
Nifty Midcap 150 TRI 4.7% 20.94% 23.59% 16.67% 16.65%
SIP (XIRR) Regular -16.74% 13.03% 19.59% -% -%
Direct -15.78% 14.36% 21.13% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.51 0.27 0.65 -4.14% 0.09
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.81% -21.8% -13.62% 0.94 11.05%
Top Mid Cap Fund
Fund Name Rank Rating
Motilal Oswal Midcap Fund 1
Edelweiss Mid Cap Fund 2
Hdfc Mid Cap Opportunities Fund 3
Sundaram Mid Cap Fund 4
Kotak Emerging Equity Fund 5

NAV Date: 21-02-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Midcap Fund Regular IDCW 23.39
-0.2000
-0.8500%
Mirae Asset Midcap Fund Direct IDCW 25.34
-0.2200
-0.8500%
Mirae Asset Midcap Fund - Regular Plan-Growth Option 30.4
-0.2600
-0.8500%
Mirae Asset Midcap Fund- Direct Growth Option 32.74
-0.2800
-0.8500%

Review Date: 21-02-2025

Mirae Asset Midcap Fund has exhibited poor performance in the Mid Cap Fund category. The fund has rank of 20 out of 22 funds in the category. The fund has delivered return of -0.57% in 1 year, 14.99% in 3 years and 20.73% in 5 years. The category average for the same periods is 7.06%, 18.32% and 21.22% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 15.81, VaR of -21.8, Average Drawdown of -6.71, Semi Deviation of 11.05 and Max Drawdown of -13.62. The category average for the same parameters is 15.72, -20.72, -6.6, 11.1 and -12.77 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 ₹10052.0 in 1 year, ₹15734.0 in 3 years and ₹27362.0 in 5 years as of today (21-02-2025).
  2. An SIP of ₹1,000 per month in Mirae Asset Midcap Fund direct growth option would have grown to ₹10943.0 in 1 year, ₹44601.0 in 3 years and ₹101552.0 in 5 years as of today (21-02-2025).
  3. standard deviation of 15.81 and based on VaR one can expect to lose more than -21.8% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.51 which shows average performance of fund in the mid cap fund category.
  5. The fund has R-square of 0.96, Beta of 0.94 and Jensen's Alpha of -4.14% which exhibit average performance in the mid cap fund category .


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KPIs* Fund Nifty Midcap 150 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -7.52 -6.25
-6.54
-8.03 | -4.51 22 | 27 Poor
3M Return % -9.79 -7.34
-8.96
-11.49 | -6.40 22 | 27 Poor
6M Return % -16.75 -13.38
-13.51
-19.36 | -7.65 24 | 27 Poor
1Y Return % -0.57 4.70
7.06
-6.09 | 21.15 25 | 27 Poor
3Y Return % 14.99 20.94
18.32
10.80 | 27.88 17 | 22 Average
5Y Return % 20.73 23.59
21.22
15.42 | 27.41 12 | 20 Average
1Y SIP Return % -16.74
-11.11
-21.87 | -1.60 24 | 27 Poor
3Y SIP Return % 13.03
17.58
10.17 | 28.46 19 | 22 Poor
5Y SIP Return % 19.59
21.79
15.82 | 31.70 15 | 20 Average
Standard Deviation 15.81
15.72
13.32 | 18.35 15 | 22 Average
Semi Deviation 11.05
11.10
9.29 | 13.72 13 | 22 Average
Max Drawdown % -13.62
-12.77
-15.45 | -9.22 14 | 22 Average
VaR 1 Y % -21.80
-20.72
-23.89 | -17.43 16 | 22 Average
Average Drawdown % -6.71
-6.60
-8.90 | -3.77 13 | 22 Average
Sharpe Ratio 0.51
0.69
0.21 | 1.10 16 | 22 Average
Sterling Ratio 0.65
0.81
0.44 | 1.19 16 | 22 Average
Sortino Ratio 0.27
0.36
0.13 | 0.58 15 | 22 Average
Jensen Alpha % -4.14
-0.47
-7.23 | 8.97 17 | 22 Average
Treynor Ratio 0.09
0.12
0.04 | 0.22 17 | 22 Average
Modigliani Square Measure % 15.95
19.11
11.25 | 26.72 16 | 22 Average
Alpha % -5.29
-2.34
-10.49 | 7.40 16 | 22 Average
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 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 % -7.43 -6.25 -6.45 -7.89 | -4.42 22 | 27
3M Return % -9.54 -7.34 -8.70 -11.28 | -6.13 22 | 27
6M Return % -16.30 -13.38 -13.03 -19.20 | -7.08 24 | 27
1Y Return % 0.52 4.70 8.27 -5.70 | 22.43 25 | 27
3Y Return % 16.31 20.94 19.65 12.33 | 29.30 16 | 22
5Y Return % 22.30 23.59 22.56 16.53 | 29.62 12 | 20
1Y SIP Return % -15.78 -10.07 -20.93 | -0.51 24 | 27
3Y SIP Return % 14.36 18.91 11.31 | 29.91 19 | 22
5Y SIP Return % 21.13 23.16 16.45 | 33.24 14 | 20
Standard Deviation 15.81 15.72 13.32 | 18.35 15 | 22
Semi Deviation 11.05 11.10 9.29 | 13.72 13 | 22
Max Drawdown % -13.62 -12.77 -15.45 | -9.22 14 | 22
VaR 1 Y % -21.80 -20.72 -23.89 | -17.43 16 | 22
Average Drawdown % -6.71 -6.60 -8.90 | -3.77 13 | 22
Sharpe Ratio 0.51 0.69 0.21 | 1.10 16 | 22
Sterling Ratio 0.65 0.81 0.44 | 1.19 16 | 22
Sortino Ratio 0.27 0.36 0.13 | 0.58 15 | 22
Jensen Alpha % -4.14 -0.47 -7.23 | 8.97 17 | 22
Treynor Ratio 0.09 0.12 0.04 | 0.22 17 | 22
Modigliani Square Measure % 15.95 19.11 11.25 | 26.72 16 | 22
Alpha % -5.29 -2.34 -10.49 | 7.40 16 | 22
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.85 ₹ 9,915.00 -0.85 ₹ 9,915.00
1W 1.32 ₹ 10,132.00 1.34 ₹ 10,134.00
1M -7.52 ₹ 9,248.00 -7.43 ₹ 9,257.00
3M -9.79 ₹ 9,021.00 -9.54 ₹ 9,046.00
6M -16.75 ₹ 8,325.00 -16.30 ₹ 8,370.00
1Y -0.57 ₹ 9,943.00 0.52 ₹ 10,052.00
3Y 14.99 ₹ 15,206.00 16.31 ₹ 15,734.00
5Y 20.73 ₹ 25,650.00 22.30 ₹ 27,362.00
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 -16.74 ₹ 10,876.63 -15.78 ₹ 10,942.87
3Y ₹ 36000 13.03 ₹ 43,752.42 14.36 ₹ 44,600.58
5Y ₹ 60000 19.59 ₹ 97,819.14 21.13 ₹ 101,551.68
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Midcap Fund NAV Regular Growth Mirae Asset Midcap Fund NAV Direct Growth
21-02-2025 30.405 32.744
20-02-2025 30.666 33.024
19-02-2025 30.434 32.773
18-02-2025 30.062 32.371
17-02-2025 30.18 32.498
14-02-2025 30.009 32.311
13-02-2025 30.786 33.146
12-02-2025 30.74 33.096
11-02-2025 30.921 33.289
10-02-2025 31.871 34.311
07-02-2025 32.58 35.071
06-02-2025 32.587 35.078
05-02-2025 32.821 35.328
04-02-2025 32.531 35.015
03-02-2025 32.089 34.538
31-01-2025 32.415 34.886
30-01-2025 31.993 34.431
29-01-2025 32.103 34.549
28-01-2025 31.394 33.784
27-01-2025 31.55 33.951
24-01-2025 32.296 34.751
23-01-2025 32.998 35.505
22-01-2025 32.505 34.973
21-01-2025 32.876 35.371

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.