Mirae Asset Large Cap Fund – Direct Growth
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.54 %
Expense Ratio
Rating
37,884
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
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Invested Amount--
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Wealth Gained--
-
Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 24.5% | 15.2% | 14.4% | 16.5% | ||||
| Category Average | 32.3% | 17.6% | 15.5% | - |
Scheme Allocation
By Holding
By Sector
By Asset
Advance Ratio
-0.46
Alpha
3.35
SD
0.85
Beta
0.66
Sharpe
Exit Load
| Exit Load | 15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment. |
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Fund Objective
Mirae Asset Large Cap Fund Direct-Growth is a Large Cap fund from Mirae Asset Mutual Fund. This fund has existed for a decade, having been established on 01/01/2013. The fund is managed by Mirae Asset Investment Managers (India) Private Limited, with Gaurav Khandelwal and Gaurav Misra serving as fund managers.
1-year returns for the Mirae Asset Large Cap Fund Direct-Growth were -2.13 %. Since its inception, it has generated average yearly returns of 16.47%. The minimum SIP amount for the Mirae Asset Large Cap Fund (G) is 1,000, and this amount may be increased in increments of 100. If you choose to invest a lump sum, the minimum investment amount is 5,000. The strategy seeks to optimise long-term capital gain by investing in equities and equity-related assets and identifying investment opportunities emerging from Indian economic development and structural changes.
Pros & Cons
| Pros | Cons |
|---|---|
| 3 year, 5 year, 10 year returns higher than category average | Higher AUM (34194cr) which tends to have lower returns in the future |
| Low expense ratio | 1 year annualised returns lower than the category average |
| The fund has lower alpha of 0.55 which has generated return lower than the benchmark |
Who should invest in Mirae Asset Large Cap Fund?
Mirae Large Cap fund provides growth that is higher than that of inflation over the long term and is appropriate for investment goals with durations of ten to fifteen years or longer (minimum 5 years).
What are the benefits of investing in the Mirae Asset Large Cap Fund?
Mirae Asset Large Cap Fund is characterised by lower levels of volatility, often less sensitivity to cyclical changes in the economy, greater levels of stability, regular dividend payments, and an overarching goal of providing consistent capital appreciation. Here are some of the benefits:
- The volatility of large-size funds like Mirae is lower than that of both midcap and small-cap funds.
- When opposed to funds investing in midcap and small-cap companies, large-cap companies are better suited to weather a bear market with substantially less value loss.
- When opposed to funds that invest in midcap and small-cap companies, large-cap funds can rebound from a severe market drop more quickly.
- The purpose of large-cap funds is to provide consistency to your investment strategy and can assist in the gradual accumulation of wealth.
Fund Managers
Gaurav Misra
Mr Gaurav Misra holds the elite position of the senior fund manager at Mirae Asset India AMC with extensive experience of over 23 years in the management of investments. He has also fulfilled his role as the Senior Portfolio Manager at ASK Investment Managers Limited. His immense knowledge of the financial world has helped him fulfil his role and responsibilities.
Risk-O-Meter
Peer Comparison
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Large Cap .
-
- 24,378
-
43%Fund Size - 24,378
-
26.1%Fund Size - 24,378
-
17.9%Fund Size - 24,378
-
- Equity .
- Large Cap .
-
- 53,505
-
39.2%Fund Size - 53,505
-
21.9%Fund Size - 53,505
-
18.1%Fund Size - 53,505
-
- Equity .
- Large Cap .
-
- 2,019
-
34.4%Fund Size - 2,019
-
19.1%Fund Size - 2,019
-
16.3%Fund Size - 2,019
-
- Equity .
- Large Cap .
-
- 1,380
-
36.9%Fund Size - 1,380
-
18.3%Fund Size - 1,380
-
16.4%Fund Size - 1,380
-
- Equity .
- Large Cap .
-
- 7,901
-
30.8%Fund Size - 7,901
-
17.6%Fund Size - 7,901
-
16.9%Fund Size - 7,901
AMC Contact Details
Mirae Asset Mutual Fund
AUM:
1,64,467 Cr
Address:
Unit 606,6th Flr,Windsor
Off. CST Road,Kalina,
Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com
More Funds from Mirae Asset Mutual Fund
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Hybrid .
- Aggressive Hybrid .
-
- 8,400
-
26.2%Fund Size - 8,400
-
15.7%Fund Size - 8,400
-
14.9%Fund Size - 8,400
-
- Equity .
- Sectoral / Thematic .
-
- 3,182
-
39.1%Fund Size - 3,182
-
23.2%Fund Size - 3,182
-
19.8%Fund Size - 3,182
-
- Equity .
- Large & Mid Cap .
-
- 33,618
-
39.6%Fund Size - 33,618
-
19.9%Fund Size - 33,618
-
20.7%Fund Size - 33,618
-
- Equity .
- ELSS .
-
- 21,475
-
36.7%Fund Size - 21,475
-
19.5%Fund Size - 21,475
-
20.1%Fund Size - 21,475
-
- Equity .
- Sectoral / Thematic .
-
- 2,235
-
47.7%Fund Size - 2,235
-
16.8%Fund Size - 2,235
-
25.2%Fund Size - 2,235
Mutual Funds By Category
Equity
Debt
Hybrid
equity
Large Cap
Fund Name
Mid Cap
Fund Name
Small Cap
Fund Name
Multi Cap
Fund Name
ELSS
Fund Name
Dividend Yield
Fund Name
Sectoral / Thematic
Fund Name
Focused
Fund Name
debt
Ultra Short Duration
Fund Name
Liquid
Fund Name
Gilt
Fund Name
Long Duration
Fund Name
Overnight
Fund Name
Floater
Fund Name
hybrid
Arbitrage
Fund Name
Equity Savings
Fund Name
Aggressive Hybrid
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Large Cap .
-
- 1,863
-
39.9%Fund Size - 1,863
-
20.3%Fund Size - 1,863
-
18.8%Fund Size - 1,863
-
- Equity .
- Large Cap .
-
- 12,577
-
31.6%Fund Size - 12,577
-
16.9%Fund Size - 12,577
-
18.2%Fund Size - 12,577
-
- Equity .
- Large Cap .
-
- 53,505
-
39.2%Fund Size - 53,505
-
21.9%Fund Size - 53,505
-
18.1%Fund Size - 53,505
-
- Equity .
- Large Cap .
-
- 24,378
-
43%Fund Size - 24,378
-
26.1%Fund Size - 24,378
-
17.9%Fund Size - 24,378
-
- Equity .
- Large Cap .
-
- 118
-
44.1%Fund Size - 118
-
21%Fund Size - 118
-
17.5%Fund Size - 118
Frequently Asked Questions
How to invest in Mirae Asset Large Cap Fund – Direct Growth ?
You can invest in Mirae Asset Large Cap Fund – Direct Growth in a quick and simple process. Follow the below steps;
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for Mirae Asset Large Cap Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of Mirae Asset Large Cap Fund – Direct Growth ?
The NAV of Mirae Asset Large Cap Fund – Direct Growth is ₹106.8 as of 18 April 2024.
How to redeem Mirae Asset Large Cap Fund – Direct Growth holding ?
You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.
What is the minimum sip amount of Mirae Asset Large Cap Fund – Direct Growth?
The minimum SIP amount of Mirae Asset Large Cap Fund – Direct Growth is ₹500
What are the top sectors Mirae Asset Large Cap Fund – Direct Growth has invested in?
The top sectors Mirae Asset Large Cap Fund – Direct Growth has invested in are
- Banks - 31.28%
- IT-Software - 12.8%
- Petroleum Products - 8.22%
- Diversified FMCG - 4.55%
- Pharmaceuticals & Biotech - 4.53%
Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Large Cap Fund – Direct Growth?
Yes, You can select both SIP or Lumpsum investment of Mirae Asset Large Cap Fund – Direct Growth based on your investment objective and risk tolerance.
How much returns have Mirae Asset Large Cap Fund – Direct Growth generated ?
The Mirae Asset Large Cap Fund – Direct Growth has delivered 16.5% since inception
What is the expense ratio of Mirae Asset Large Cap Fund – Direct Growth ?
The expense ratio of Mirae Asset Large Cap Fund – Direct Growth is 0.54 % as of 18 April 2024.
What is the AUM of Mirae Asset Large Cap Fund – Direct Growth?
The AUM of Mirae Asset Large Cap Fund – Direct Growth is ₹1,64,467 Cr as of 18 April 2024
What are the top stock holdings of Mirae Asset Large Cap Fund – Direct Growth?
The top stock holdings of Mirae Asset Large Cap Fund – Direct Growth are
- HDFC Bank - 9.37%
- ICICI Bank - 8.79%
- Reliance Industr - 7.96%
- Infosys - 6.28%
- Axis Bank - 4.76%
How can I redeem my investments in Mirae Asset Large Cap Fund – Direct Growth?
Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Large Cap Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Large Cap Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Is there any lock in period for Mirae Asset Large Cap Fund - Direct Growth?
No, there is no lock in period for Mirae Asset Large Cap Fund – Direct Growth.