Equity · Equity Scheme - Large & Mid Cap Fund
Mirae Asset Large & Midcap Fund
Open in live screener →Key metrics
Latest NAV
₹178.55
Day change
-0.45%
Volatility
16.5%
Sharpe
-0.01
Max drawdown
-36.9%
Expense ratio
0.49%
AUM
₹42,523 Cr
Category rank
21 / 36
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.65% | -1.60% | 5.40% | 6.17% | 6.32% | 12.32% | 11.20% | 18.47% | 16.40% |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Mirae Asset Large & Midcap Fund is a mid-cap equity fund offered by Mirae Asset Mutual Fund, classified under Equity as Equity Scheme - Large & Mid Cap Fund. Mid-cap funds tend to carry moderately high risk relative to large-cap funds. Its latest NAV is ₹178.55, with assets under management of about ₹42,523 Cr (April - June 2026).
Performance analysis
Over the trailing one year, Mirae Asset Large & Midcap Fund has recorded a return of about 6.3%, with a three-year return of 12.3% and a five-year return of 11.2%. Its annualised volatility is 16.5% — relatively large fluctuations — and its Sharpe ratio is -0.01, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.49%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 18.86 | 13.52 | -27.40 | 111.01 | 85% | 54% |
| 3Y | 18.26 | 18.53 | -2.33 | 35.49 | 100% | 86% |
| 5Y | 19.41 | 19.96 | 11.19 | 30.52 | 100% | 100% |
| 7Y | 18.20 | 18.38 | 15.05 | 21.25 | 100% | 100% |
| 10Y | 17.29 | 17.26 | 16.40 | 17.95 | 100% | 100% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does Mirae Asset Large & Midcap Fund invest in?
It invests primarily in shares of medium-sized companies.
How is this fund classified?
It is a Equity Scheme - Large & Mid Cap Fund fund in the Equity group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.49% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Equity Scheme - Large & Mid Cap Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Tata Large & Mid Cap Fund Equity Scheme - Large & Mid Cap Fund | -3.16 | 3.42 | 3.09 | -2.16 | 7.33 | 9.76 | 12.52 | 0.60 |
| DSP Large & Mid Cap Fund Equity Scheme - Large & Mid Cap Fund | -2.36 | 2.87 | 1.18 | 2.93 | 13.87 | 12.32 | 14.25 | 0.53 |
| BANK OF INDIA LARGE & MID CAP FUND Equity Scheme - Large & Mid Cap Fund | -0.42 | 6.19 | 7.22 | 10.12 | 14.18 | 12.44 | 13.37 | 0.92 |
| Aditya Birla Sun Life Large & Mid Cap Fund Equity Scheme - Large & Mid Cap Fund | -0.99 | 7.28 | 8.06 | 8.31 | 11.53 | 8.31 | 11.34 | 0.92 |
| Sundaram Large and Midcap Fund Equity Scheme - Large & Mid Cap Fund | -1.11 | 10.95 | 10.93 | 11.73 | 15.00 | 12.63 | 15.20 | 0.66 |
| SBI LARGE & MIDCAP FUND Equity Scheme - Large & Mid Cap Fund | -3.64 | 2.56 | 1.43 | 4.19 | 12.54 | 13.88 | 14.46 | 0.57 |
| Kotak Large & Mid Cap Fund Equity Scheme - Large & Mid Cap Fund | -2.17 | 5.08 | 2.27 | 5.31 | 13.69 | 13.69 | 15.27 | – |
| Invesco India Large & Mid Cap Fund Equity Scheme - Large & Mid Cap Fund | -0.59 | 9.70 | 16.77 | 9.84 | 22.98 | 17.65 | 17.21 | 0.55 |
More funds from Mirae Asset
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Aggressive Hybrid Fund Hybrid Scheme - Aggressive Hybrid Fund | -1.10 | 3.67 | 3.01 | 5.88 | 11.40 | 10.27 | 13.13 | 0.40 |
| Mirae Asset ELSS Tax Saver Fund Equity Scheme - ELSS - Tax Saver Fund | -2.18 | 4.46 | 5.59 | 4.52 | 12.50 | 11.37 | 16.72 | 0.56 |
| Mirae Asset Dynamic Term Fund Income/Debt Oriented Schemes - Dynamic Term Fund | -0.38 | 0.95 | 2.16 | 5.18 | 7.07 | 5.81 | – | – |
| Mirae Asset Short Term Fund Income/Debt Oriented Schemes - Short Term Fund | 0.25 | 2.21 | 2.80 | 5.76 | 7.50 | 6.46 | – | – |
| Mirae Asset Healthcare Fund Sectoral/Thematic - Pharma/Healthcare | 0.82 | 10.10 | 18.57 | 20.92 | 22.87 | 15.75 | – | 0.45 |
| Mirae Asset Equity Savings Fund Hybrid Scheme - Equity Savings Fund | -0.37 | 3.06 | 3.39 | 6.37 | 10.03 | 9.17 | – | 0.31 |
| Mirae Asset Focused Fund Equity Scheme - Focused Fund | 0.33 | 9.35 | 10.92 | -1.03 | 7.73 | 6.76 | – | 0.55 |
| Mirae Asset Midcap Fund Equity Scheme - Mid Cap Fund | 0.08 | 8.26 | 13.79 | 12.84 | 16.24 | 16.13 | – | 0.50 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.