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: 13.09%.

Mirae Asset

Mirae Asset Large & Midcap Fund - Direct Plan - Growth

Latest NAV

₹178.8310

As of

17 Jul 2026

3,331 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.

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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	+0.18%	+0.08%	+0.10	17 / 34	Q2
1W	-0.15%	-0.24%	+0.08	16 / 34	Q2
2W	+0.38%	+0.35%	+0.04	15 / 34	Q2
1M	+2.84%	+1.89%	+0.95	5 / 34	Q1
3M	+4.24%	+4.17%	+0.08	14 / 34	Q2
6M	+1.71%	+3.18%	-1.47	20 / 34	Q3
YTD	+0.11%	+1.35%	-1.24	23 / 34	Q3
1Y	+4.45%	+3.29%	+1.16	15 / 34	Q2
2Y	+3.42%	+3.61%	-0.19	15 / 31	Q2
3Y	+14.82%	+16.23%	-1.41	20 / 27	Q3
4Y	+15.93%	+17.98%	-2.04	21 / 27	Q4
5Y	+13.09%	+14.97%	-1.88	23 / 27	Q4
7Y	+18.25%	+17.78%	+0.47	11 / 23	Q2
10Y	+17.54%	+15.18%	+2.36	2 / 20	Q1
Inception	+20.62%	+14.34%	+6.28	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	+0.11%	+1.35%	-1.24	23 / 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

+25.38%

153 windows

min -16.3% · max 104.7%

88% positive

3-Year rolling

+21.73%

129 windows

min 0.4% · max 47.3%

100% positive

5-Year rolling

+20.82%

105 windows

min 9.2% · max 36.3%

100% positive

7-Year rolling

+20.15%

80 windows

min 15.7% · max 27.8%

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

13.99%

3-year · annualised

Sharpe ratio

0.59

vs risk-free 6.5%

Sortino ratio

0.97

Downside-only deviation

Max drawdown

-19.54%

Sep 2024 → Feb 2025

% positive months

66.7%

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	₹368.0190	17 Jul 2026
Nippon India Vision Large & Mid Cap Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹273.8346	17 Jul 2026
SBI LARGE & MIDCAP FUND -DIRECT PLAN -Growth	SBI	₹716.8642	17 Jul 2026
ICICI Prudential Large & Mid Cap Fund - Direct Plan - Growth	ICICI Prudential	₹1,165.7000	17 Jul 2026
Invesco India Large & Mid Cap Fund - Direct Plan - Growth	Invesco	₹131.2200	17 Jul 2026
Bandhan Large & Mid Cap Fund - Direct Plan - Growth	Bandhan	₹165.3550	17 Jul 2026
quant Large & Mid Cap Fund - Growth Option-Direct Plan	Quant	₹138.5686	17 Jul 2026
Aditya Birla Sun Life Large & Mid Cap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹1,045.9600	17 Jul 2026
Motilal Oswal Large and Midcap Fund - Direct Plan Growth	Motilal Oswal	₹39.3518	17 Jul 2026
Franklin India Large & Mid Cap Fund - Direct - Growth	Franklin India	₹211.5155	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹178.8310
16 Jul 2026	₹178.5180
15 Jul 2026	₹178.8830
14 Jul 2026	₹178.0920
13 Jul 2026	₹179.1130
10 Jul 2026	₹179.1080
9 Jul 2026	₹177.1300
8 Jul 2026	₹175.5300
7 Jul 2026	₹178.9040
6 Jul 2026	₹179.1260

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 17 Jul 2026, the NAV of Mirae Asset Large & Midcap Fund - Direct Plan - Growth is ₹178.8310. 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 6 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 4.45% — +1.16 pp ahead of the Large & Mid Cap Fund category average of 3.29%. The fund ranks #15 of 34 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 14.82% — -1.41 pp behind the Large & Mid Cap Fund category average of 16.23%. The fund ranks #20 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 13.09% — -1.88 pp behind the Large & Mid Cap Fund category average of 14.97%. 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 ₹503,339 today — a multiplier of 5.03×, based on the 10-year CAGR of 17.54%. The category average over the same window would have grown ₹1 lakh to ₹410,811.

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 ₹828,874 today. That's an XIRR (money-weighted annualised return) of 12.88%.

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 ₹2,856,921 (multiplier 2.38×). XIRR: 16.53%. 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 14.97%; this fund delivered 13.09%.

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 20.82% (best 36.25%, worst 9.16%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.46 — 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: 13.09%.

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

Mirae Asset Large & Midcap Fund - Direct Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Large & Mid Cap Fund

Recent NAVs

Frequently asked questions

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