Should I invest in Mirae Asset Large & Midcap Fund?

We don't give personal investment advice. Mirae Asset Large & Midcap Fund - Direct Plan - Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 19.5%. 5-year CAGR: 12.92%.

Mirae Asset

Mirae Asset Large & Midcap Fund - Direct Plan - Growth

Latest NAV

₹169.3610

As of

3 Jun 2026

3,300 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.36%	+0.15%	+0.20	9 / 34	Q2
1W	-1.90%	-1.78%	-0.12	20 / 34	Q3
2W	-0.41%	-0.02%	-0.39	22 / 34	Q3
1M	-0.59%	-0.52%	-0.07	13 / 34	Q2
3M	-0.75%	+0.66%	-1.41	19 / 34	Q3
6M	-4.12%	-3.20%	-0.92	21 / 34	Q3
YTD	-4.78%	-3.29%	-1.49	25 / 34	Q3
1Y	+3.66%	+1.81%	+1.85	11 / 33	Q2
2Y	+4.69%	+4.91%	-0.22	14 / 30	Q2
3Y	+15.67%	+16.92%	-1.25	17 / 27	Q3
4Y	+14.67%	+16.88%	-2.21	20 / 27	Q3
5Y	+12.92%	+15.02%	-2.10	23 / 27	Q4
7Y	+16.54%	+16.10%	+0.44	12 / 23	Q3
10Y	+17.63%	+15.15%	+2.48	1 / 20	Q1
Inception	+20.38%	+13.65%	+6.73	2 / 33	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-4.78%	-3.29%	-1.49	25 / 34
2025	+9.90%	+4.90%	+5.00	3 / 32
2024	+16.34%	+24.93%	-8.60	28 / 28
2023	+30.15%	+31.20%	-1.04	17 / 27
2022	-0.47%	+2.92%	-3.39	21 / 27
2021	+39.60%	+38.33%	+1.27	11 / 27
2020	+23.31%	+17.02%	+6.29	5 / 26
2019	+15.91%	+9.44%	+6.47	2 / 22
2018	-4.23%	-6.02%	+1.79	11 / 21
2017	+48.42%	+38.46%	+9.96	2 / 21
2016	+12.53%	+7.16%	+5.37	4 / 20

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+25.36%

152 windows

min -24.0% · max 110.0%

88% positive

3-Year rolling

+21.40%

127 windows

min -1.5% · max 46.5%

99% positive

5-Year rolling

+20.71%

103 windows

min 6.9% · max 33.7%

100% positive

7-Year rolling

+20.12%

79 windows

min 15.8% · max 27.1%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

14.51%

3-year · annualised

Sharpe ratio

0.63

vs risk-free 6.5%

Sortino ratio

0.98

Downside-only deviation

Max drawdown

-19.54%

Sep 2024 → Feb 2025

% positive months

77.8%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Large & Mid Cap Fund

Scheme	Fund house	NAV	As of
HDFC Large and Mid Cap Fund - Growth Option - Direct Plan	HDFC	₹348.8940	3 Jun 2026
Nippon India Vision Large & Mid Cap Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹263.7372	3 Jun 2026
SBI LARGE & MIDCAP FUND -DIRECT PLAN -Growth	SBI	₹683.8671	2 Jun 2026
ICICI Prudential Large & Mid Cap Fund - Direct Plan - Growth	ICICI Prudential	₹1,109.9000	3 Jun 2026
Invesco India Large & Mid Cap Fund - Direct Plan - Growth	Invesco	₹119.2100	3 Jun 2026
Bandhan Large & Mid Cap Fund - Direct Plan - Growth	Bandhan	₹160.3360	3 Jun 2026
quant Large & Mid Cap Fund - Growth Option-Direct Plan	Quant	₹134.6766	3 Jun 2026
Aditya Birla Sun Life Large & Mid Cap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹999.2500	3 Jun 2026
Motilal Oswal Large and Midcap Fund - Direct Plan Growth	Motilal Oswal	₹38.4109	3 Jun 2026
Franklin India Large & Mid Cap Fund - Direct - Growth	Franklin India	₹199.5382	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹169.3610
2 Jun 2026	₹170.1030
1 Jun 2026	₹169.5000
29 May 2026	₹170.9420
27 May 2026	₹173.4110
26 May 2026	₹173.3960
25 May 2026	₹173.6680
22 May 2026	₹171.9070
21 May 2026	₹171.4250
20 May 2026	₹171.0800

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Mirae Asset Large & Midcap Fund - Direct Plan - Growth is ₹169.3610. It's a Large & Mid Cap Fund from Mirae Asset, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Mirae Asset Large & Midcap Fund - Direct Plan - Growth has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mirae Asset Large & Midcap Fund - Direct Plan - Growth is managed by Mirae Asset. It's classified by AMFI under the 'Large & Mid Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Large & Midcap Fund - Direct Plan - Growth has delivered a absolute return of 3.66% — +1.85 pp ahead of the Large & Mid Cap Fund category average of 1.81%. The fund ranks #11 of 33 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Large & Midcap Fund - Direct Plan - Growth has delivered a CAGR of 15.67% — -1.25 pp behind the Large & Mid Cap Fund category average of 16.92%. The fund ranks #17 of 27 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Mirae Asset Large & Midcap Fund - Direct Plan - Growth has delivered a CAGR of 12.92% — -2.1 pp behind the Large & Mid Cap Fund category average of 15.02%. The fund ranks #23 of 27 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Mirae Asset Large & Midcap Fund - Direct Plan - Growth exactly 10 years ago would be worth approximately ₹507,224 today — a multiplier of 5.07×, based on the 10-year CAGR of 17.63%. The category average over the same window would have grown ₹1 lakh to ₹409,764.

A ₹10,000 monthly SIP in Mirae Asset Large & Midcap Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹801,396 today. That's an XIRR (money-weighted annualised return) of 11.51%.

A ₹10,000 monthly SIP for 10 years in Mirae Asset Large & Midcap Fund - Direct Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹2,774,881 (multiplier 2.31×). XIRR: 15.99%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Mirae Asset Large & Midcap Fund - Direct Plan - Growth ranks #23 out of 27 funds in the Large & Mid Cap Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 15.02%; this fund delivered 12.92%.

The worst peak-to-trough decline Mirae Asset Large & Midcap Fund - Direct Plan - Growth has experienced over the last 5-year window is 19.54% — its NAV fell from a high on 27 Sep 2024 to a low on 28 Feb 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mirae Asset Large & Midcap Fund - Direct Plan - Growth averaged 20.71% (best 33.71%, worst 6.89%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.48 — weak risk-adjusted performance.

In calendar year 2025, Mirae Asset Large & Midcap Fund - Direct Plan - Growth returned 9.90% — beating the Large & Mid Cap Fund category average of 4.90% by 5.00 pp. It ranked #3 of 32 in its category that year.

Mirae Asset Large & Midcap Fund - Direct Plan - Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Mirae Asset Large & Midcap Fund - Direct Plan - Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 19.5%. 5-year CAGR: 12.92%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.