Mirae Asset Midcap Fund performance review analysis for January
Live MintMirae Asset Midcap Fund Direct Growth performance review analysis for January: Mirae Asset Midcap Fund Direct Growth, managed by the seasoned fund managers Ankit Jain, remains a prominent player in the Mid-Cap. This detailed review of Mirae Asset Midcap Fund evaluates its recent performance, comparing it to the NIFTY Midcap 150 index, and analyzes key metrics such as sharpe ratio and sectoral allocation. Performance Analysis: Over the past week, Mirae Asset Midcap Fund returned -6.59%, showing a negative delta of -2.72% with respect to NIFTY Midcap 150. The performance over the longer durations is mentioned below: Period Mutual Fund Returns NIFTY Midcap 150 Performance Performance Difference 6 Months -8.48% -6.60% -1.88% 1 Year 8.57% 13.47% -4.90% 3 Years 53.09% 65.94% -12.85% 5 Years 199.12% 204.88% -5.76% Top Holdings of the Fund Below is the list of top holdings in the fund: Sector Allocation of the Fund Sector Name Weightage Software & Programming 9.47% Biotechnology & Drugs 8.91% Regional Banks 7.63% Consumer Financial Services 5.23% Construction Services 4.21% Misc.