Edelweiss Mid Cap Fund Direct Growth NAV Gains 0.64% to ₹128.54 on 23 September; 3-Year CAGR at 21.70%

Key Takeaways

• Edelweiss Mid Cap Fund Direct Growth recorded an NAV of ₹128.54 on 23 September 2026, after a 0.64% increase from the preceding valuation. 
• The latest one-year return stood at 7.85%, compared with a substantially higher 21.70% three-year CAGR and an 18.48% five-year CAGR. The three-year figure was the strongest of the three historical periods. 
• The three-year CAGR exceeded the five-year annualised return by 3.22 percentage points and the latest one-year return by 13.85 percentage points. 
• Assets under management stood at approximately ₹19,891 crore, and the Direct Growth expense ratio was 0.72%. The published minimum for both SIP and lump-sum investment was ₹100. 

Edelweiss Mid Cap Fund Direct Growth NAV advanced 0.64% to ₹128.54 on 23 September 2026. The fund's latest one-year return stood at 7.85%, whereas the three-year CAGR was substantially higher at 21.70%. Its five-year CAGR came in at 18.48%. 

The three-year figure exceeded the five-year CAGR by 3.22 percentage points. Relative to the latest one-year return, the difference widened to 13.85 percentage points. The comparison captures how performance can vary materially depending on the period being measured, particularly for a category whose underlying holdings are concentrated in the mid-cap segment. 

AUM stood at approximately ₹19,891 crore. The Direct Growth plan carried an expense ratio of 0.72%, and both minimum SIP and minimum lump-sum investments were listed at ₹100. Those cost and entry-point figures form part of the scheme's latest operational profile rather than its daily NAV movement. 

Mid-cap funds primarily invest in companies within the defined mid-cap universe. Their NAV therefore reflects movements in a portfolio distinct from both large-cap-oriented schemes and small-cap funds. The category description does not itself determine volatility or return; actual outcomes depend on the underlying securities and portfolio weights during each measurement period. 

For 23 September, the daily NAV change was positive and above half a per cent. Longer-period historical returns were also positive, but they were far from uniform: 21.70% annualised over three years versus 18.48% over five years and 7.85% over the latest year. Treating each window separately gives a clearer numerical picture than combining them into a single performance label. 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.