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InvestVerdict

Mirae Asset Midcap Fund

Direct Plan · Growth · Mid Cap · Scheme code 147445

NAV₹40.0860as on 27 Oct 2026
Fund houseMirae Asset Mutual Fund
CategoryMid Cap
Plan & optionDirect · Growth
History7.1 years

Returns (%)

 1M3M6M1Y3Y5Y7Y10YLaunch
This scheme 2.458.4711.65 16.8818.3317.47 24.09—23.82
Nifty Midcap 150
benchmark		 1.724.387.84 13.1317.9318.11 ——22.88
Mid Cap
category median		 ——— -3.3315.4113.12 —15.08—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

 VolatilitySharpeSortinoBetaAlphaMax fallR²
This scheme 18.0% 0.66 0.99 0.99 0.52% -37.4% 96.80
Nifty Midcap 150
benchmark		 17.9%0.64 0.98—— -37.2%—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the 36 months this scheme and its benchmark share.

Growth of ₹100 since launch

491943394842020202220242026InvestVerdict

Drawdown from peak (%)

0%-13%-26%-38%2020202220242026

Every one-year period it has lived through

WindowsWorstMedianBestPeriods that lost money
1,503 -4.3% 19.3% 119.6% 3%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

How it behaves against its benchmark

Up captureDown captureCorrelation Tracking errorInformation ratioTreynor
101% 100% 0.98 3.2% 0.13 11.45

Up capture is how much of the benchmark's gain this scheme kept in the months the benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it on the up side is the combination every fund is trying for and few reach. Measured over the 36 months this scheme and Nifty Midcap 150 share.

InvestVerdict

Mirae Asset Midcap Fund

Direct Plan · Growth

Allocation

By asset

Equity97.56%
Cash & Equivalents2.19%
Mutual Fund Units0.25%

By market cap

Large Cap11.76%
Mid Cap67.94%
Small Cap15.63%
Unclassified2.48%

Concentration

Number of stocks65
Top 5 stocks17.78%
Top 10 stocks31.55%
Top 20 stocks52.90%
Lines in the filing67
Largest holding4.31%
Largest sectorPharmaceuticals & Biotechnology 11.47%
Effective stocks48.9
Sectors held32
Cash2.19%

Effective stocks is what the concentration works out to: a fund holding 65 names but most of its money in a few behaves like a fund of 49. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Pharmaceuticals & Biotechnology — 11.5%Banks — 8.3%Consumer Durables — 7.8%Retailing — 6.4%Finance — 6.2%Auto Components — 5.2%Capital Markets — 4.9%Transport Services — 4.5%Ferrous Metals — 3.8%Other — 41.6%Pharmaceuticals & Biotech…11.5%Banks8.3%Consumer Durables7.8%Retailing6.4%Finance6.2%Auto Components5.2%Capital Markets4.9%Transport Services4.5%Ferrous Metals3.8%Other41.6%
Pharmaceuticals & Biotechnology11.47%
Banks8.25%
Consumer Durables7.76%
Retailing6.41%
Finance6.17%
Auto Components5.24%
Capital Markets4.85%
Transport Services4.47%
Ferrous Metals3.76%
Financial Technology (Fintech)3.60%
Realty3.11%
Healthcare Services3.08%
Automobiles2.89%
IT - Software2.86%
Cement & Cement Products2.54%
Telecom - Services2.52%
Cash & Equivalents2.19%
Insurance2.14%
Chemicals & Petrochemicals2.13%
Non - Ferrous Metals1.75%
InvestVerdict

Mirae Asset Midcap Fund

Direct Plan · Growth · holdings

Top 30 holdings

#CompanySectorShares held Value
₹ cr		% of fund
1 Laurus Labs Ltd. Pharmaceuticals & Biotechnology 4,253,201 842 4.31%
2 Steel Authority of India Ltd. Ferrous Metals 40,441,210 734 3.76%
3 HDB Financial Services Ltd. Finance 10,572,895 657 3.36%
4 Lupin Ltd. Pharmaceuticals & Biotechnology 3,218,048 653 3.34%
5 Delhivery Ltd. Transport Services 14,346,353 588 3.01%
6 Hero MotoCorp Ltd. Automobiles 1,078,292 565 2.89%
7 Persistent Systems Ltd. IT - Software 1,057,566 558 2.86%
8 IndusInd Bank Ltd. Banks 5,825,362 525 2.69%
9 Swiggy Ltd. Retailing 20,847,043 521 2.67%
10 Dixon Technologies (India) Ltd. Consumer Durables 396,910 520 2.66%
11 Dalmia Bharat Ltd. Cement & Cement Products 2,943,408 496 2.54%
12 Tata Communications Ltd. Telecom - Services 2,970,865 492 2.52%
13 Bharat Forge Ltd. Auto Components 2,312,805 445 2.28%
14 Narayana Hrudayalaya Ltd. Healthcare Services 2,328,229 417 2.13%
15 Axis Bank Ltd. Banks 3,398,038 417 2.13%
16 Prestige Estates Projects Ltd. Realty 2,785,803 413 2.11%
17 The Federal Bank Ltd. Banks 11,889,471 377 1.93%
18 Voltas Ltd. Consumer Durables 3,502,512 375 1.92%
19 BSE Ltd. Capital Markets 1,198,992 371 1.90%
20 L&T Finance Ltd. Finance 13,913,647 369 1.89%
21 One 97 Communications Ltd. Financial Technology (Fintech) 2,183,826 366 1.88%
22 TREPS Unclassified — 359 1.84%
23 Mankind Pharma Ltd. Pharmaceuticals & Biotechnology 1,431,251 358 1.83%
24 Vedanta Aluminium Metal Ltd. Non - Ferrous Metals 8,259,270 341 1.75%
25 PB Fintech Ltd. Financial Technology (Fintech) 3,169,724 337 1.73%
26 Bharat Heavy Electricals Ltd. Electrical Equipment 7,899,475 328 1.68%
27 PI Industries Ltd. Fertilizers & Agrochemicals 1,390,377 321 1.64%
28 3M India Ltd. Diversified 97,887 315 1.61%
29 Gland Pharma Ltd. Pharmaceuticals & Biotechnology 1,038,228 301 1.54%
30 Tata Power Company Ltd. Power 8,351,535 300 1.53%
InvestVerdict

Mirae Asset Midcap Fund

Direct Plan · Growth · where the money sits

A ₹10,000 monthly SIP over five years

InvestedValueGainXIRR
₹600,000 ₹947,616 ₹347,616 18.35%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 28 Oct 2026.