Mirae Asset Midcap Fund

Q: What are the returns of this mutual fund scheme?

The Mirae Asset Midcap Fund is a 6 yrs 6 m old fund and has delivered average annual returns of 21.8% since inception. Mirae Asset Midcap Fund Returns 1-Year 3-Year 5-Year Since Inception 12.84% 20.09% 18.41% 21.8%

Q: How much does this mutual fund charge as expense ratio?

The Mirae Asset Midcap Fund has an expense ratio of 1.66% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹36.208-0.51% 1 day change	21.8% p.a.	App exclusive #NA View Ranked Funds	₹18,409 Cr

Historical NAV & returns

NAV: ₹36.208 as on Feb 02, 2026

This fund Category average

Mirae Asset Midcap Fund overview

AUM (Fund size)	₹18,409 Cr
Exit load	1.0% Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 years.!
Lock-in Period	Nil
Age	6 yrs 6 m since Jul 08, 2019
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	1.66% as on Feb 02, 2026
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mirae Asset Midcap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-5.94%	-5.41%
3 Months	-5.36%	-6.24%
6 Months	0.89%	-2.41%
1 Year	12.84%	6.17%
2 Years	9.41%	9.35%
3 Years	20.09%	19.78%
4 Years	14.36%	14.0%
5 Years	18.41%	17.84%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 12.66%

Mid Cap 62.18%

Small Cap 22.6%

Other Cap 0%

Top holdings

The Federal Bank Ltd.3.31%

Lupin Ltd.3.25%

Bharat Forge Ltd.3.22%

Hero Motocorp Ltd.2.93%

Top sectors

Financial 18.81%

Services 14.340000000000002%

Healthcare 12.94%

Automobile 9.16%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 1.64139617%

Net Receivables 0.71947008%

Mutual Fund 0.19574525%

Other Holdings

Others 0.72%

Mirae Asset Liquid Fund Direct- Growth 0.2%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Midcap Fund	-5.94%	0.89%	12.84%	20.09%	18.41%	N.A.
Nippon India Growth Mid Cap Fund	-4.23%	0.3%	10.07%	24.7%	22.32%	19.03%
HDFC Mid Cap Fund	-3.46%	2.92%	12.7%	25.1%	23.35%	18.96%
Motilal Oswal Midcap Fund	-7.86%	-10.95%	-4.99%	22.03%	24.19%	16.85%
Edelweiss Mid Cap Fund	-4.76%	0.67%	9.49%	24.96%	21.93%	18.86%
Kotak Midcap Fund	-5.08%	-3.41%	8.35%	20.55%	19.75%	18.39%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Midcap Fund	15.97	0.98	0.83	1.13
Nippon India Growth Mid Cap Fund	15.41	0.95	1.13	1.67
HDFC Mid Cap Fund	13.87	0.85	1.27	1.8
Motilal Oswal Midcap Fund	18.54	0.96	0.86	1.08
Edelweiss Mid Cap Fund	15.39	0.93	1.18	1.52
Kotak Midcap Fund	15.16	0.89	0.93	1.16

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Midcap Fund	N.A.	18,409 Cr	6 yrs 6 m	1.66%
Nippon India Growth Mid Cap Fund	N.A.	42,124 Cr	30 yrs 4 m	1.54%
HDFC Mid Cap Fund	N.A.	92,642 Cr	18 yrs 8 m	1.36%
Motilal Oswal Midcap Fund	N.A.	36,880 Cr	12 yrs	1.55%
Edelweiss Mid Cap Fund	N.A.	13,650 Cr	18 yrs 2 m	1.67%
Kotak Midcap Fund	N.A.	60,637 Cr	18 yrs 11 m	1.39%

View all Mid Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	-2.01 vs. 5.97 Underperformed at beating benchmark
Sharpe	0.83 vs. 6.2 Poor risk-adjusted returns
Beta	0.98 vs. 1.01 Less sensitive to market ups & downs
Standard deviation	15.97 vs. 14.56 More volatile performance

Compare Mirae Asset Midcap Fund in detail with

About this fund

About Mirae Asset Midcap Fund

Mirae Asset Midcap Fund is a Mid Cap mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 6 yrs 6 m, having been launched on 08/07/2019. Mirae Asset Midcap Fund has ₹18,409 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Midcap Fund as of 02/02/2026 is ₹36.21. The fund has an expense ratio of 1.66%, which is higher than what most other Mid Cap funds charge.

Mirae Asset Midcap Fund returns of last 1-year are 11.63%. Since launch, it has delivered 21.81% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Mirae Asset Midcap Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Financial, Services, Healthcare, Automobile, Capital Goods sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in The Federal Bank Ltd., Lupin Ltd., Bharat Forge Ltd., Hero Motocorp Ltd., Indusind Bank Ltd..

...

Fund AUM	18,409 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Ankit Jain

Mr. Jain is a B.Tech (ICT) and MBA (Finance). Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirus Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.

Investment objective

The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of midcap companies. From time to time, the fund manager may also participate in other Indian equities and equity related securities for optimal portfolio construction.

Mirae Asset Mutual Fund details

No. of schemes	48 view all schemes
Total AUM	2,29,565 Cr as on Dec 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mirae Asset NYSE FANG+ ETF FoF	N.A.	2,282 Cr	23.12%	N.A.
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF	N.A.	381 Cr	37.13%	N.A.
Mirae Asset S&P 500 Top 50 ETF FoF	N.A.	773 Cr	23.01%	N.A.
Mirae Asset Great Consumer Fund	N.A.	4,754 Cr	-2.97%	14.61%
Mirae Asset ELSS Tax Saver Fund	N.A.	27,196 Cr	10.33%	14.61%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Midcap Fund?

The current Net Asset Value (NAV) of the Mirae Asset Midcap Fund plan is approximately ₹36.208 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Mirae Asset Midcap Fund is a 6 yrs 6 m old fund and has delivered average annual returns of 21.8% since inception.

Mirae Asset Midcap Fund Returns

1-Year	3-Year	5-Year	Since Inception
12.84%	20.09%	18.41%	21.8%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Midcap Fund has an expense ratio of 1.66%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Midcap Fund currently has assets under management (AUM) or fund size valued at approximately 18,409 Cr as on Dec 31, 2025.

What are the top stock holdings of Mirae Asset Midcap Fund?

The Mirae Asset Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
The Federal Bank Ltd.	3.31%
Lupin Ltd.	3.25%
Bharat Forge Ltd.	3.22%
Hero Motocorp Ltd.	2.93%
Indusind Bank Ltd.	2.71%
Delhivery Ltd.	2.7%
Swiggy Ltd.	2.7%
Tata Communications Ltd.	2.64%
Prestige Estates Projects Ltd.	2.51%
L&T Finance Ltd.	2.39%

What are the top sectors Mirae Asset Midcap Fund has invested in?

The Mirae Asset Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	18.81%
Services	14.340000000000002%
Healthcare	12.94%
Automobile	9.16%
Capital Goods	5.449999999999999%
Consumer Discretionary	4.89%
Technology	4.869999999999999%
Chemicals	4.6899999999999995%
Energy	4.32%
Materials	4.25%

What is risk level of Mirae Asset Midcap Fund?

This is a Mid Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Mirae Asset Midcap Fund?

Redeeming your investments in the Mirae Asset Midcap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Mid Cap

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 5 Years.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 years.