Overview
Mirae Asset Large Cap Fund Direct Growth
Mirae Asset Mutual Fund
The scheme aims to maximize long term capital appreciation by finding investment opportunities resulting from Indian economic growth and its structural shifts through investing in equity and equity related securities.
Investments in Mirae Asset Large Cap Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 120.995
Fund Size (AUM)
₹37778.37 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹99
Launch Date
01-Jan-2013
Expense Ratio
0.74%
Exit Load
Exit load of 1% if redeemed within 1 year
Benchmark
NIFTY 100 Total Return Index
Standard Deviation
12.7
History
Performance & Ratios
1-Year SIP Return
1.31%
3-Year SIP Return
13.21%
5-Year SIP Return
14.73%
Mean Return
13.14%
Alpha
-0.62
Beta
0.89
Sharpe Ratio
0.45
Sortino Ratio
0.8
Information Ratio
-0.54
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 12.52% | 12.48% | 22.47% | 17.71% |
| Category Average | 8.67% | 13.59% | 22.93% | N/A |
| Rank Within Category | 6 | 63 | 41 | N/A |
Holdings (83)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.28% |
| ICICI Bank Ltd. | Financial | Equity | 7.77% |
| Infosys Ltd. | Technology | Equity | 5.24% |
| Reliance Industries Ltd. | Energy | Equity | 4.81% |
| Axis Bank Ltd. | Financial | Equity | 4.16% |
| Bharti Airtel Ltd. | Communication | Equity | 4.09% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.88% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.57% |
| ITC Ltd. | Consumer Staples | Equity | 2.63% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.6% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Nippon India Large Cap Fund Direct Growth | 37546.38 | 10.12 | 20.26 | 0.71 | N/A |
| ICICI Prudential Bluechip Fund Direct Growth | 64962.52 | 11.79 | 17.77 | 0.89 | N/A |
| Edelweiss Large Cap Fund Direct Growth | 1156.58 | 10.13 | 16.27 | 0.61 | N/A |
| Canara Robeco Bluechip Equity Fund Direct Growth | 14965.25 | 14.14 | 15.87 | 0.5 | N/A |
| Bandhan Large Cap Fund Direct Growth | 1765.87 | 12.16 | 15.86 | 0.9 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 99
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 10, 15, 21, 28
Min Amount: ₹ 1000
Min Installments: 5
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 10, 15, 21, 28
Min Amount: ₹ 1000
Min Installments: 5
AMC Details
Asset Management Company
Mirae Asset Mutual Fund
Mirae Asset Mutual Fund started their mutual fund on 30/11/2007 and its managing total assets of ₹11,044 Cr. Its ranked at 22 as per total assets at end of 30th Sep 2017. Mirae Asset Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Mirae Asset is a global financial company which is present across 12 countries and 5 continents. The company was founded in 1997 and since then pioneered to become a global presence.
Mirae believes that they are the best investment choice because of their strong investment philosophy, and niche to understand comparative advantage of various companies to make a sustainable and long- lasting decision for investors. They always believe in investing with a long term goal to sustainability in the market.
They believe in assessing risk in a way that it ultimately optimizes returns of investors. They constantly monitor the valuation, liquidity and corporate governance so that any risk can be mitigated. As a global brand it has obtained the trust of investors and has made a mark for itself in the mutual fund industry.
Launch Date
2007-11-30T00:00:00.349Z
Total AUM
₹ 183685.26 Cr
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Mirae Asset Large Cap Fund Direct Growth
Mirae Asset Mutual Fund
You May Be Interested In
Kotak Flexicap Fund Direct Growth
Flexi Cap
HDFC NIFTY Next 50 Index Fund Direct Growth
Large Cap
LIC MF Small Cap Fund Direct Growth
Small Cap
ITI Small Cap Fund Direct Growth
Small Cap
Tata Banking and Financial Services Fund Direct Growth
Sectoral
Tata Large & Mid Cap Fund Direct Plan Growth
Large & MidCap
Canara Robeco Emerging Equities Fund Direct Growth
Large & MidCap
SBI Retirement Benefit Fund Aggressive Plan Direct Growth
Flexi Cap
Bandhan Infrastructure Fund Direct Plan Growth
Sectoral
Navi Nifty Next 50 Index Fund Direct Growth
Large Cap
Explore More Mutual Funds
Debt Mutual Funds - Best Debt Fund Options
Discover top debt mutual funds for stable returns. Filter by NAV, fund size, and AMC to find the best debt funds for you.
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Mid Cap Equity Funds
Find top mid cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Small Cap Equity Funds
Find top small cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Multi Cap Equity Funds
Find top multi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Flexi Cap Equity Funds
Find top flexi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Mirae Asset Large Cap Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Mirae Asset Large Cap Fund Direct Growth?
The top stocks held by Mirae Asset Large Cap Fund Direct Growth include HDFC Bank Ltd., ICICI Bank Ltd., Infosys Ltd..
Which industries does Mirae Asset Large Cap Fund Direct Growth invest in?
Mirae Asset Large Cap Fund Direct Growth primarily invests in the following industries: Financial, Technology, Energy.
Who is the fund manager of Mirae Asset Large Cap Fund Direct Growth?
The fund manager of Mirae Asset Large Cap Fund Direct Growth is Gaurav Misra.
How many years has the fund manager been managing Mirae Asset Large Cap Fund Direct Growth?
Gaurav Misra: Calculating...
What is the minimum investment for Mirae Asset Large Cap Fund Direct Growth?
The minimum investment for Mirae Asset Large Cap Fund Direct Growth is ₹5000 for lumpsum investments and ₹99 for SIPs.
What are the average 1-year returns for Mirae Asset Large Cap Fund Direct Growth?
Calculating...
What are the average 3-year returns for Mirae Asset Large Cap Fund Direct Growth?
Calculating...
What is the expense ratio of Mirae Asset Large Cap Fund Direct Growth, and how does it compare to its category?
The expense ratio of Mirae Asset Large Cap Fund Direct Growth is 0.74%. The average expense ratio for similar funds in the Equity is Calculating....