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mirae asset midcap fund direct growth
Mirae Asset Midcap Fund Direct Growth

Mirae Asset Midcap Fund Direct Growth

  • Very High Risk
  • Equity
  • Mid-Cap
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NAV as on Jul 9, 2025
i
Price per unit of the scheme.
39.47900.12%1 Day Change
1.78%
Minimum Investment₹5000
Expense Ratio0.62%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
4
Scheme Rating

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON



No Data Found.
*For the other fund, rescaled NAVs are used
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bt_logoRETURN CALCULATOR

Check the return on your investment in the fund
Mirae Asset Midcap Fund Direct Growth
Investment Type
Monthly Investment
Time Period (yrs)
Annual Return in %
  • Invested Amount
    0
  • Return
    0
  • Current Value
    0

bt_logoFUND MANAGER

Ankit Jain
Ankit Jain
i
Lead Fund Manager.
Jul 29, 2019 - Present
  • Fund Manager Rank12Out of 25
    i
    Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
  • Schemes managed3
  • Total AUM59,098.29 Cr
  • Highest Return In 1 Yr4.22 %
Other Funds
  • table
  • card
1M
3M
6M
1Y
3Y
5Y
Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
--
₹ 110.68
1.44%
-%
Very High Risk
4,224.05Cr
₹ 39.48
1.78%
0.60%
Very High Risk
15,414.99Cr
₹ 170.57
1.22%
0.89%
Very High Risk
39,459.25Cr
Mirae Asset Great Consumer Direct Plan Growth
Very High Risk--
  • NAV₹ 110.68
  • Fund Size4,224.05Cr
Fund Return1.44%
Category Return--
Mirae Asset Midcap Fund Direct Growth
Very High Risk
  • NAV₹ 39.48
  • Fund Size15,414.99Cr
Fund Return1.78%
Category Return0.60%
Mirae Asset Emerging Bluechip Fund Direct Plan Growth
Very High Risk
  • NAV₹ 170.57
  • Fund Size39,459.25Cr
Fund Return1.22%
Category Return0.89%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

bt_logoDETAILED PORTFOLIO

As on May, 2025
EQUITY (99.45%)
DEBT (-%)
CASH (0.55%)
Allocation by Market Cap
Large Cap(9.33%)
Mid Cap(71.23%)
Small Cap(18.89%)
Industry Holdings
  • Banks Regional7.97%
  • Auto Parts7.94%
  • Drug Manufacturers Specialty Generic7.78%
  • Diversified Industrials6.32%
  • Software Infrastructure4.92%
  • Telecom Services3.96%
Stock Holdings
  • Lupin Ltd3.02%
  • Mphasis Ltd2.71%
  • Tata Communications Ltd2.53%
  • Delhivery Ltd2.48%
  • Bharat Forge Ltd2.46%
  • L&T Finance Ltd2.36%

bt_logoPERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.
  • Consistency
    i
    It represents the consistency of a fund in beating its benchmark.
  • Downside Risk
    i
    Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
  • Risk Adjusted Return
    i
    Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
  • Volatility
    i
    Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
  • Upside Capture Ratio
    i
    Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
  • Downside Capture Ratio
    i
    Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

bt_logoHISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
  • Alpha: Excess return of the fund over benchmark
    i
    Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
    -3.04
    This Fund
    VS
    -0.12
    Category Avg
  • R-Squared: How well the fund tracks benchmark
    i
    R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
    95.12
    This Fund
    VS
    90.49
    Category Avg
  • Beta: Risk of the fund in relation to benchmark
    i
    Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
    0.97
    This Fund
    VS
    0.92
    Category Avg
  • Sharpe Ratio: Risk adjusted return of the fund
    i
    Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
    1.09
    This Fund
    VS
    1.23
    Category Avg
  • Sortino Ratio: Return per unit of bad risk
    i
    A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
    1.83
    This Fund
    VS
    2.14
    Category Avg
  • Standard Devation: Volatility of the fund
    i
    Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
    16.73
    This Fund
    VS
    16.24
    Category Avg
Benchmark used in calculation : S&P BSE 500 India TR INR

bt_logoPEER ANALYSIS

1M
3M
6M
1Y
3Y
5Y
  • card
  • table
Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

bt_logoTOP FUNDS FROM THIS AMC

1M
3M
6M
1Y
3Y
5Y
  • card
  • table
Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
--
₹ 32.22
11.75%
--
Very High Risk
₹ 1,924.67 Cr
--
₹ 21.52
10.60%
--
Very High Risk
₹ 612.06 Cr
--
₹ 42.92
3.17%
2.44%
Very High Risk
₹ 2,690.55 Cr
₹ 39.48
1.78%
0.60%
Very High Risk
₹ 15,414.99 Cr
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth
Very High Risk--
  • NAV₹ 32.22
  • Fund Size₹ 1,924.67 Cr
1 Month Return11.75%
Category Return--
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth
Very High Risk--
  • NAV₹ 21.52
  • Fund Size₹ 612.06 Cr
1 Month Return10.60%
Category Return--
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth
Very High Risk--
  • NAV₹ 10.23
  • Fund Size₹ 47.42 Cr
1 Month Return5.96%
Category Return--
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth
Very High Risk--
  • NAV₹ 22.11
  • Fund Size₹ 313.74 Cr
1 Month Return4.89%
Category Return--
Mirae Asset Healthcare Fund Direct Growth
Very High Risk--
  • NAV₹ 42.92
  • Fund Size₹ 2,690.55 Cr
1 Month Return3.17%
Category Return2.44%
Mirae Asset Midcap Fund Direct Growth
Very High Risk
  • NAV₹ 39.48
  • Fund Size₹ 15,414.99 Cr
1 Month Return1.78%
Category Return0.60%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

bt_logoABOUT THE AMC

company icon
Mirae Asset Investment Managers (India) Private Limited
Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 2,06,596.41 crores. It’s current offering of mutual fund schemes includes 21 equity, 14 debt and 12 hybrid schemes.
phone icon
Phone
022-6780 0300
mail icon
Email
customercare@miraeasset.com
aum
AUM
2,06,596.41 Cr (
As on May 31, 2025
)
location
Address
Unit No. 606, 6th Floor, Mumbai,400 098

bt_logoFAQ's

What is the category of Mirae Asset Midcap Fund Direct Growth ?
The category of Mirae Asset Midcap Fund Direct Growth is Equity - Mid-Cap
What is the current NAV of Mirae Asset Midcap Fund Direct Growth ?
The current NAV of Mirae Asset Midcap Fund Direct Growth as on Jul 09, 2025 is ₹39.48
How safe is Mirae Asset Midcap Fund Direct Growth ?
The risk level of Mirae Asset Midcap Fund Direct Growth is Very High.
What are short term returns given by Mirae Asset Midcap Fund Direct Growth ?
The return given by Mirae Asset Midcap Fund Direct Growth in 1 month is 1.78%, 3 months is 22.52%, 6 months is 7.48%, and 1 year is 4.22%
What are the long term returns given by Mirae Asset Midcap Fund Direct Growth ?
The return given by Mirae Asset Midcap Fund Direct Growth in 3 years is 24.46% and 5 years is 30.42%.
What is the expense ratio of Mirae Asset Midcap Fund Direct Growth ?
The expense ratio of Mirae Asset Midcap Fund Direct Growth is 0.62%
What is the AUM of Mirae Asset Midcap Fund Direct Growth ?
The assets under Management (AUM) of Mirae Asset Midcap Fund Direct Growth is Rs 15,414.99 crores.
What is the minimum investment in Mirae Asset Midcap Fund Direct Growth ?
The minimum Lumpsum investment in Mirae Asset Midcap Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in Mirae Asset Midcap Fund Direct Growth is ₹1,000.00
What is the asset allocation of Mirae Asset Midcap Fund Direct Growth?
Mirae Asset Midcap Fund Direct Growth has an exposure of 99.45% in Equity and 0.55% in Cash & Money Market Securities