Mirae Asset Midcap Fund Direct-Growth
Benchmark: NIFTY Midcap 150 TRI · Inception: 08/07/2019 · NAV: ₹40.68 (04/09/2026)
AUM: ₹20268 Cr · Expense Ratio: 2.03% · Riskometer: Very High
3.0
★★★☆☆
Selective Buy
Analyst Insight
Mirae Asset Midcap Fund carries an overall rating of 3.0/5 (Selective Buy), showing moderate standing within the Mid Cap category. Its alpha of -0.37 underperformss the category average of 5.06, suggesting room for improvement in active management. The Sharpe ratio of 0.63 sits below the category mean of 5.06, while volatility (std dev 18.03%) is higher than peers (15.07%), indicating relatively higher volatility. With a 5-year CAGR of 14.87% and expense ratio of 2.03%, investors should weigh cost-adjusted returns carefully.
Rating
3/5
Risk Rating
3/5
Return Rating
3/5
Overall Rating
3.0/5
Alpha vs Cat
-0.37 / 5.06
Sharpe vs Cat
0.63 / 5.06
Beta vs Cat
1.00 / 0.77
Std Dev vs Cat
18.03 / 15.07
Return Track Record
| Period | CAGR |
|---|---|
| 1Y | 12.12% |
| 3Y | 15.45% |
| 5Y | 14.87% |
| 10Y | N/A |
| Since Launch | 21.83% |
Risk & Return Scores
Sharpe Score3/5
Sortino Score2/5
SD Score3/5
ETM Risk Score3/5
ETM Return Score3/5
Portfolio Allocation
Large Cap 12.6% Mid Cap 71.5% Small Cap 15.9% Debt 0.2%
Strengths
- No notable strengths identified
Watch Points
- ⚠️ Alpha -0.37 below category avg 5.06
- ⚠️ Higher volatility 18.03% vs peers 15.07%
- ⚠️ High expense ratio 2.03% (above 1%)