MF Gyan
mid capHigh risk14 years oldCooling recently (last 6m ≈ 7% p.a.)

Mirae Asset Large & Midcap Fund - Direct Plan - Growth

Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings. From Mirae Asset Mutual Fund. It's been running since 2 Jan 2013.

Latest price per unit
₹180.113
▼ 0.79% today
As of 1 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.08 L
▲ ₹7.9k gain · 7.9% / year
Invested 3 years ago
₹1.46 L
▲ ₹45.5k gain · 13.3% / year
Invested 5 years ago
₹1.74 L
▲ ₹73.7k gain · 11.7% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.04 L
Gain / loss+₹24.4k
XIRR (annualised)8.92%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.07 L
Projected gain*+₹27.1k
*at this fund's historical rate of 8.92% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 23 other funds in Equity Schemes - Large & Mid Cap Fund

Same plan
1-year return
7.92%median 6.16% (+1.76%)
Rank #8 of 24Beats 68% of peers
3-year return
13.32%median 13.68% (-0.36%)
Rank #9 of 24Beats 47% of peers
5-year return
11.68%median 12.90% (-1.22%)
Rank #9 of 24Beats 47% of peers
Bumpiness (3Y)
14.62%median 15.72% (-1.10%)
Rank #7 of 24Less risky than 73% of peers
Worst-ever drop
-36.87%median -32.90% (-3.96%)
Rank #7 of 24Less risky than 74% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 6 of last 7 years were positive.

+23%
2020
+40%
2021
-2%
2022
+30%
2023
+16%
2024
+10%
2025
+1%
2026
Best year
2021 · 39.60%
Worst year
2022 · -1.98%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
14.6%

The value swings roughly 15% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-36.87%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Mirae Asset Large & Midcap Fund - Direct Plan - Growth against other mid cap funds.

Technical details (for the pros)
CAGR — 1 year7.92%
CAGR — 3 years13.32%
CAGR — 5 years11.68%
CAGR — since launch20.49%
Volatility — 1 year (annualised)14.05%
Volatility — 3 years (annualised)14.62%
Max drawdown — 1 year-14.44%
Max drawdown — 3 years-19.54%
Sharpe ratio — 1 year (rf=6%)0.13
Sharpe ratio — 3 years (rf=6%)0.47

Fund info

Fund house
Mirae Asset Mutual Fund
Category
Equity Schemes - Large & Mid Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF769K01BI1
ISIN (Div re-invest)
—
Fund code
118834
First price on record
2 Jan 2013 · 3,363 daily prices

About Mirae Asset Large & Midcap Fund - Direct Plan - Growth

Mirae Asset Large & Midcap Fund - Direct Plan - Growth is a Equity Schemes - Large & Mid Cap Fund offered by Mirae Asset Mutual Fund under the Direct plan with the Growth option. It has approximately 14 years of NAV track record. The fund falls in the mid cap category — Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

The current NAV of Mirae Asset Large & Midcap Fund - Direct Plan - Growth is ₹180.1130 (as of 1 Sep 2026). Historically, it has delivered 7.91% over the last year, 13.32% CAGR over 3 years, 11.68% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 14.6% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 36.9%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Mirae Asset Large & Midcap Fund - Direct Plan - Growth?+

The latest NAV of Mirae Asset Large & Midcap Fund - Direct Plan - Growth is ₹180.1130 as of 1 Sep 2026, down 0.79% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Mirae Asset Large & Midcap Fund - Direct Plan - Growth?+

Mirae Asset Large & Midcap Fund - Direct Plan - Growth has delivered 1-year return 7.91%, 3-year CAGR 13.32%, 5-year CAGR 11.68%, since-inception CAGR 20.49%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Mirae Asset Large & Midcap Fund - Direct Plan - Growth belong to?+

Mirae Asset Large & Midcap Fund - Direct Plan - Growth is categorised as Equity Schemes - Large & Mid Cap Fund. Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

How risky is Mirae Asset Large & Midcap Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 14.6%, Mirae Asset Large & Midcap Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Mirae Asset Large & Midcap Fund - Direct Plan - Growth a direct plan?+

Mirae Asset Large & Midcap Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Mirae Asset Large & Midcap Fund - Direct Plan - Growth?+

Mirae Asset Large & Midcap Fund - Direct Plan - Growth has NAV history available from 2 Jan 2013 — approximately 14 years of track record and 3,363 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.