Investors in search of a Mutual Fund Equity Report fund might want to consider looking at Vanguard Mid-Cap Value Index Investor (VMVIX - Free Report) . VMVIX has no Zacks Mutual Fund Rank, but we have been able to look into other metrics like performance, volatility, and cost.History of Fund/ManagerVanguard Group is responsible for VMVIX, and the company is based out of Malvern, PA. Vanguard Mid-Cap Value Index Investor made its debut in August of 2006, and since then, VMVIX has accumulated about $46.66 million in assets, per the most up-to-date date available. But if you are looking for a shorter time frame, it is also worth looking at its 3-year annualized total return of 9.24%, which places it in the middle third during this time-frame.When looking at a fund's performance, it is also important to note the standard deviation of the returns. The standard deviation of VMVIX over the past three years is 23.84% compared to the category average of 20.67%. The fund's standard deviation over the past 5 years is 20.94% compared to the category average of 18.18%. Because alpha represents a portfolio's performance on a risk-adjusted basis relative to a benchmark, which is the S&P 500 in this case, one should pay attention to this metric as well. In terms of fees, VMVIX is a no load fund. It has an expense ratio of 0.19% compared to the category average of 1.09%. We also have plenty more on our site in order to help you find the best possible fund for your portfolio. Make sure to check out URL for more information about the world of funds, and feel free to compare VMVIX to its peers as well for additional information.