Should I invest in Mirae Asset Midcap Fund?

We don't give personal investment advice. Mirae Asset Midcap Fund - Regular Plan-Growth Option 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: 22.9%. 5-year CAGR: 15.89%.

Mirae Asset

Mirae Asset Midcap Fund - Regular Plan-Growth Option

Latest NAV

₹39.9410

As of

17 Jul 2026

1,715 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	-0.23%	-0.27%	+0.04	9 / 20	Q2
1W	-0.40%	-0.61%	+0.21	6 / 20	Q2
2W	+0.96%	+0.53%	+0.42	4 / 20	Q1
1M	+4.27%	+1.83%	+2.44	2 / 20	Q1
3M	+8.03%	+6.47%	+1.56	6 / 20	Q2
6M	+6.29%	+6.97%	-0.68	13 / 19	Q3
YTD	+4.38%	+4.97%	-0.59	12 / 19	Q3
1Y	+8.30%	+5.53%	+2.77	5 / 19	Q2
2Y	+5.61%	+3.45%	+2.15	4 / 17	Q1
3Y	+18.16%	+18.21%	-0.06	9 / 17	Q3
4Y	+18.94%	+18.18%	+0.76	7 / 13	Q3
5Y	+15.89%	+14.32%	+1.57	4 / 10	Q2
7Y	+22.01%	+19.17%	+2.84	4 / 8	Q2
10Y	—	—	—	—	—
Inception	+22.12%	+18.03%	+4.09	4 / 20	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	+4.38%	+4.97%	-0.59	12 / 19
2025	+8.61%	+0.08%	+8.54	1 / 17
2024	+18.85%	+30.15%	-11.30	16 / 17
2023	+34.79%	+35.88%	-1.10	10 / 16
2022	+4.90%	-0.89%	+5.79	2 / 10
2021	+46.71%	+43.61%	+3.10	6 / 9
2020	+23.70%	+23.21%	+0.49	4 / 8
2019	—	—	—	—

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

+27.09%

73 windows

min -2.1% · max 92.5%

95% positive

3-Year rolling

+23.93%

49 windows

min 15.4% · max 38.2%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+24.43%

25 windows

min 15.9% · max 32.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

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

16.49%

3-year · annualised

Sharpe ratio

0.70

vs risk-free 6.5%

Sortino ratio

1.11

Downside-only deviation

Max drawdown

-22.88%

Oct 2024 → Feb 2025

% positive months

63.9%

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 Mid Cap Fund

Scheme	Fund house	NAV	As of
BANDHAN MIDCAP FUND - GROWTH - REGULAR PLAN	Bandhan	₹18.5590	17 Jul 2026
Motilal Oswal Midcap Fund-Regular Plan-Growth Option	Motilal Oswal	₹99.0958	17 Jul 2026
Edelweiss Mid Cap Fund - Regular Plan - Growth Option	Edelweiss	₹107.6980	17 Jul 2026
DSP BlackRock Small and Mid Cap Fund - Regular Plan - Dividend	DSP BlackRock	₹29.3490	17 Jul 2026
HSBC Midcap Fund - Regular Growth	HSBC	₹453.1192	17 Jul 2026
BARODA BNP PARIBAS Mid Cap Fund - Regular Plan - Growth Option	Baroda BNP Paribas	₹111.5064	17 Jul 2026
Canara Robeco Mid Cap Fund- Regular Plan- Growth Option	Canara Robeco	₹18.2900	17 Jul 2026
PGIM India Midcap Fund - Regular Plan - Growth Option	PGIM India	₹65.4400	17 Jul 2026
Axis Midcap Fund - Regular Plan - Growth	Axis	₹120.1500	17 Jul 2026
Bank of India Mid Cap Fund - Regular Plan Growth	Bank of India	₹10.2600	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹39.9410
16 Jul 2026	₹40.0340
15 Jul 2026	₹40.1160
14 Jul 2026	₹39.9050
13 Jul 2026	₹40.1590
10 Jul 2026	₹40.1020
9 Jul 2026	₹39.5770
8 Jul 2026	₹39.0240
7 Jul 2026	₹39.7070
6 Jul 2026	₹39.7350

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 Midcap Fund - Regular Plan-Growth Option is ₹39.9410. It's a Mid Cap Fund from Mirae Asset, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

Mirae Asset Midcap Fund - Regular Plan-Growth Option has NAV history starting from 30 Jul 2019, a track record of about 6 years 11 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 Midcap Fund - Regular Plan-Growth Option is managed by Mirae Asset. It's classified by AMFI under the 'Mid Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Midcap Fund - Regular Plan-Growth Option has delivered a absolute return of 8.30% — +2.77 pp ahead of the Mid Cap Fund category average of 5.53%. The fund ranks #5 of 19 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Midcap Fund - Regular Plan-Growth Option has delivered a CAGR of 18.16% — -0.06 pp behind the Mid Cap Fund category average of 18.21%. The fund ranks #9 of 17 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Mirae Asset Midcap Fund - Regular Plan-Growth Option has delivered a CAGR of 15.89% — +1.57 pp ahead of the Mid Cap Fund category average of 14.32%. The fund ranks #4 of 10 in its category — the second (Q2) quartile.

₹1 lakh invested in Mirae Asset Midcap Fund - Regular Plan-Growth Option exactly 5 years ago would be worth approximately ₹209,049 today — a multiplier of 2.09×, based on the 5-year CAGR of 15.89%. The category average over the same window would have grown ₹1 lakh to ₹195,285.

A ₹10,000 monthly SIP in Mirae Asset Midcap Fund - Regular Plan-Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹899,729 today. That's an XIRR (money-weighted annualised return) of 16.21%.

Mirae Asset Midcap Fund - Regular Plan-Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹899,729 — XIRR 16.21%.

On a 5-year basis, Mirae Asset Midcap Fund - Regular Plan-Growth Option ranks #4 out of 10 funds in the Mid Cap Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 14.32%; this fund delivered 15.89%.

The worst peak-to-trough decline Mirae Asset Midcap Fund - Regular Plan-Growth Option has experienced over the last 5-year window is 22.88% — its NAV fell from a high on 01 Oct 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 Midcap Fund - Regular Plan-Growth Option averaged 24.43% (best 32.52%, worst 15.89%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.57 — reasonable risk-adjusted performance.

In calendar year 2025, Mirae Asset Midcap Fund - Regular Plan-Growth Option returned 8.61% — beating the Mid Cap Fund category average of 0.08% by 8.54 pp. It ranked #1 of 17 in its category that year.

Mirae Asset Midcap Fund - Regular Plan-Growth Option 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 Midcap Fund - Regular Plan-Growth Option 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: 22.9%. 5-year CAGR: 15.89%.

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