MF Gyan
mid capHigh risk7 years oldAccelerating recently (last 6m ≈ 32% p.a.)

Mirae Asset Midcap Fund - Direct Plan - IDCW

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 30 Jul 2019.

Latest price per unit
₹29.274
▼ 0.19% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.04 L
▲ ₹4.4k gain · 4.4% / year
Invested 3 years ago
₹1.25 L
▲ ₹25.0k gain · 7.7% / year
Invested 5 years ago
₹1.39 L
▲ ₹39.2k gain · 6.8% / 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₹1.94 L
Gain / loss+₹14.1k
XIRR (annualised)5.21%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.95 L
Projected gain*+₹15.2k
*at this fund's historical rate of 5.21% 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 25 other funds in Equity Schemes - Mid Cap Fund

Same plan
1-year return
4.36%median 13.31% (-8.94%)
Rank #23 of 26Beats 4% of peers
3-year return
7.73%median 18.73% (-11.01%)
Rank #20 of 26Beats 0% of peers
5-year return
6.83%median 17.58% (-10.74%)
Rank #10 of 26Beats 0% of peers
Bumpiness (3Y)
17.81%median 16.63% (+1.17%)
Rank #18 of 26Less risky than 26% of peers
Worst-ever drop
-37.37%median -22.72% (-14.65%)
Rank #6 of 26Less risky than 80% 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. 5 of last 7 years were positive.

+26%
2020
+49%
2021
-4%
2022
+24%
2023
+10%
2024
+1%
2025
-2%
2026
Best year
2021 · 48.85%
Worst year
2022 · -3.70%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
17.8%

The value swings roughly 18% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-37.37%

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 Midcap Fund - Direct Plan - IDCW against other mid cap funds.

Technical details (for the pros)
CAGR — 1 year4.36%
CAGR — 3 years7.73%
CAGR — 5 years6.83%
CAGR — since launch16.46%
Volatility — 1 year (annualised)17.58%
Volatility — 3 years (annualised)17.81%
Max drawdown — 1 year-21.30%
Max drawdown — 3 years-27.14%
Sharpe ratio — 1 year (rf=6%)-0.09
Sharpe ratio — 3 years (rf=6%)0.09

Fund info

Fund house
Mirae Asset Mutual Fund
Category
Equity Schemes - Mid Cap Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
INF769K01EZ9
ISIN (Div re-invest)
INF769K01FC5
Fund code
147478
First price on record
30 Jul 2019 · 1,750 daily prices

About Mirae Asset Midcap Fund - Direct Plan - IDCW

Mirae Asset Midcap Fund - Direct Plan - IDCW is a Equity Schemes - Mid Cap Fund offered by Mirae Asset Mutual Fund under the Direct plan with the IDCW option. It has approximately 7 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 Midcap Fund - Direct Plan - IDCW is ₹29.2740 (as of 4 Sep 2026). Historically, it has delivered 4.36% over the last year, 7.73% CAGR over 3 years, 6.83% 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 17.8% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 37.4%. 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 Midcap Fund - Direct Plan - IDCW?+

The latest NAV of Mirae Asset Midcap Fund - Direct Plan - IDCW is ₹29.2740 as of 4 Sep 2026, down 0.19% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Mirae Asset Midcap Fund - Direct Plan - IDCW?+

Mirae Asset Midcap Fund - Direct Plan - IDCW has delivered 1-year return 4.36%, 3-year CAGR 7.73%, 5-year CAGR 6.83%, since-inception CAGR 16.46%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Mirae Asset Midcap Fund - Direct Plan - IDCW belong to?+

Mirae Asset Midcap Fund - Direct Plan - IDCW is categorised as Equity Schemes - 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 Midcap Fund - Direct Plan - IDCW?+

Based on its 3-year annualised volatility of 17.8%, Mirae Asset Midcap Fund - Direct Plan - IDCW sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Mirae Asset Midcap Fund - Direct Plan - IDCW a direct plan?+

Mirae Asset Midcap Fund - Direct Plan - IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is Mirae Asset Midcap Fund - Direct Plan - IDCW?+

Mirae Asset Midcap Fund - Direct Plan - IDCW has NAV history available from 30 Jul 2019 — approximately 7 years of track record and 1,750 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.