Mirae Asset Midcap Fund
NAV
₹44.59
as of 21 Aug 2026
Mirae Asset Midcap Fund is an open-ended Mid Cap Fund scheme from Mirae Asset Mutual Fund managing ₹19,543 crore (as of 30 Jun 2026). Its Direct-plan NAV is ₹44.59 as of 21 Aug 2026. The expense ratio is 0.51% a year. Managed by Ankit Jain. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.51% / yr
- as of 30 Jun 2026
- Fund size
- ₹19,543 crore
- as of 30 Jun 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 29 Jul 2019
- ISIN
- INF769K01FA9
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY Midcap 150 Index
Mirae Asset Midcap Fund
₹225
+125% on ₹100 over 5.0 yrs
Mid Cap Fund average
₹229
+129% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 6.95% | 7.27% | -0.32 |
| 6 months | 9.82% | 10.05% | -0.23 |
| 1 year | 12.81% | 9.87% | +2.94 |
| 3 years (CAGR) | 18.51% | 19.78% | -1.27 |
| 5 years (CAGR) | 17.50% | 17.77% | -0.27 |
Category average across 29 funds, as of 21 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -3.8%
- Median
- 11.3%
- Best
- 52.5%
49 windows over the last 60 months, stepped monthly; 92% ended positive. Worst window began 1 Mar 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 15.2%
- Median
- 21.2%
- Best
- 25.8%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Mar 2022. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.68
- Sharpe ratio (5Y)
- 0.69
- Sortino ratio (3Y)
- 1.03 vs category 1.05
- Standard deviation (3Y)
- 18.09%
- Beta (3Y)
- 0.99
- Alpha (3Y)
- 0.00%
- Deepest fall (5Y)
- -22.25%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-22.3%
Right now
-0.3% below peak
Ahead of its benchmark in 50% of months (window: 3y, monthly) — benchmark: NIFTY Midcap 150 Index, name shown only.
Where the money actually is
Equity
98.4%
Bonds
0.0%
Cash
1.6%
Whole-portfolio split, as of 30 Jun 2026.
What it owns
68 positions · top 10 = 30.6%
Market-cap mix
Large 11.3%Mid 71.0%Small 16.0%Other 1.6%
as of 30 Jun 2026
Holdings by sector
Financial Services(3 in top 10)24.9%
- IndusInd Bank Ltd3.20%
- HDB Financial Services Ltd2.86%
- The Federal Bank Ltd2.85%
Consumer Cyclical(3 in top 10)16.4%
- Bharat Forge Ltd3.00%
- Hero MotoCorp Ltd2.93%
- FSN E-Commerce Ventures Ltd2.81%
Healthcare(2 in top 10)14.7%
- Laurus Labs Ltd3.67%
- Lupin Ltd3.42%
Industrials(1 in top 10)13.8%
- Delhivery Ltd2.83%
- Basic Materials9.8%
- Technology7.2%
- Real Estate3.9%
Communication Services(1 in top 10)3.1%
- Tata Communications Ltd3.08%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 104.1% vs category 54.0% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 34.0 vs category 32.0
- P/B
- 3.9 vs category 4.5
- Dividend yield
- 0.7% vs category 0.7%
- Net margin
- 11.8% vs category 16.4%
- Earnings growth
- 14.9%
- Avg market cap
- ₹61,305 crore
The debt it holds (debt sleeve)
- Yield to maturity
- 6.74% vs category 5.39%
- Modified duration
- 0.56 yrs vs category 4 days
- Average maturity
- 0.59 yrs vs category 1 day
- Government securities
- 0.1%
Credit quality
- AAA
- 100.0%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.
Portfolio characteristics as of 30 Jun 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- +₹1,100 cr
- Net flow, 3 months
- +₹349 cr
as of 30 Jun 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Mirae Asset Midcap Fund?
- ₹44.59 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Mirae Asset Midcap Fund?
- 0.51% a year for the Direct plan, as of 30 Jun 2026.
- How large is Mirae Asset Midcap Fund?
- ₹19,543 crore under management as of 30 Jun 2026, in the Mid Cap Fund category.
- How risky is Mirae Asset Midcap Fund?
- Its SEBI Riskometer reading is "Very High Risk". Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
- What are the 5-year returns of Mirae Asset Midcap Fund?
- 17.50% a year over the last 5 years (Direct plan, CAGR), against a Mid Cap Fund average of 17.77%. Past returns do not predict future returns.
- What is the worst 3-year return of Mirae Asset Midcap Fund?
- 15.2% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Mar 2022. The median was 21.2% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Mirae Asset Midcap Fund?
- Ankit Jain, managing this fund for 7 years.
Where this fund sits
Its shelf, all funds
Mc · Mid cap →
Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Mid Cap Fund funds
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY Midcap 150 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.