• 1 Year Returns: 1.78%
• 3 Year Returns: 9.46%
• 5 Year Returns: 6.96%

• Pharmaceuticals | 9.88%
• Specialized Finance | 8.00%
• Private Banks | 7.54%
• Others | 6.51%
• Retail - Online | 5.03%

• Indusind Bank Ltd | 3.61%
• Laurus Labs Ltd | 3.45%
• Steel Authority of India Ltd | 3.37%
• Lupin Ltd | 3.30%
• Tata Communications Ltd | 3.27%

• Equity | 99.02%
• Cash & Equivalents | 0.73%
• Mutual Funds | 0.25%

The alpha ratio for the Mirae Asset Midcap Fund-Reg(IDCW) is 1.28

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Mirae Asset Midcap Fund-Reg(IDCW) is 15.39

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Mirae Asset Midcap Fund-Reg(IDCW) is 0.39

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Mirae Asset Midcap Fund-Reg(IDCW) is 0.04

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.