Mirae Asset Large Cap Fund

Equity · Large Cap
 · ★★★
1,000
Min SIP
5,000
Min Lumpsum
0.51 %
Expense Ratio
★★★
Rating
33,925
Fund Size (in Cr)
10 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 01 June 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 11.2% 24% 12.9% 16.1%
Category Average 11.4% 23.9% 12.1% -

Scheme Allocation

By Holding
By Sector
By Asset
HDFC Bank
11.22%
ICICI Bank
8.8%
Reliance Industr
8.25%
Infosys
6.29%
Axis Bank
4.84%
Others
60.61%
Banks
29.14%
IT-Software
11.37%
Petroleum Products
8.69%
Finance
5.27%
Consumer Durables
4.99%
Others
40.55%
Equity
99.26%
Reverse Repos
0.68%
Net Curr Ass/Net Receivables
0.04%
Mutual Funds Units
0.02%
Others
0%

Advance Ratio

0.21
Alpha
3.99
SD
0.89
Beta
0.48
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.

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

How to invest in Mirae Asset Large Cap Fund?

5paisa makes the process of investing in the Mirae Asset Large Cap Fund more straightforward. The procedure is completely paperless and has been simplified. Proceed in the manner described in the following steps:

What is the expense ratio of the Mirae Asset Large Cap Fund?

The expense ratio refers to the yearly fees you pay to the mutual fund provider to manage your assets. The expense ratio, which is computed as a percentage of assets under management, reduces fund returns (AUM). Generally, it is preferable to invest in a fund with a lower expense ratio, since a smaller proportion of its returns will be deducted. Your profits will rise as a consequence.

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

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,18,065 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

Frequently Asked Questions

How to invest in Mirae Asset Large Cap Fund ?

You can invest in Mirae Asset Large Cap Fund 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 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 ?

The NAV of Mirae Asset Large Cap Fund is ₹89.9 as of 01 June 2023.

How to redeem Mirae Asset Large Cap Fund 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?

The minimum SIP amount of Mirae Asset Large Cap Fund is ₹1000

What are the top sectors Mirae Asset Large Cap Fund has invested in??

The top sectors Mirae Asset Large Cap Fund has invested in are
  1. HDFC Bank - 11.22%
  2. ICICI Bank - 8.8%
  3. Reliance Industr - 8.25%
  4. Infosys - 6.29%
  5. Axis Bank - 4.84%

How much returns have Mirae Asset Large Cap Fund generated ?

The Mirae Asset Large Cap Fund has delivered 16.1% since inception

What is the expense ratio of Mirae Asset Large Cap Fund ?

The expense ratio of Mirae Asset Large Cap Fund is 0.51 % as of 01 June 2023.

What is the AUM of Mirae Asset Large Cap Fund?

The AUM of Mirae Asset Large Cap Fund is ₹1,18,065 Cr as of 01 June 2023

What are the top stock holdings of Mirae Asset Large Cap Fund?

The top stock holdings of Mirae Asset Large Cap Fund are
  1. HDFC Bank - 11.22%
  2. ICICI Bank - 8.8%
  3. Reliance Industr - 8.25%
  4. Infosys - 6.29%
  5. Axis Bank - 4.84%
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