In order to improve the speed and the rate of fault diagnosis in mixed circuit, this paper introduces a new fault diagnosis method. Through extracting fault features of current characteristics effectively and applying to Improved SVM, the ability of pattern recognition will be better than the traditional BP Neural Network and Single SVM, especially in small samples or non-linear cases. Meanwhile, this paper presents the lifting wavelet transform in order to obtain the feature information accurately. The accuracy of fault diagnosis can greatly enhance by discussing the Improved SVM combined with lifting wavelet transform in a specific monostable trigger. That points out a new direction for the fault diagnosis of mixed circuit.