How to Invest in Mirae Asset Large Cap Fund Direct IDCW?

You can easily invest in Mirae Asset Large Cap Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mirae Asset Large Cap Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mirae Asset Large Cap Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mirae Asset Large Cap Fund Direct IDCW provide?

The Mirae Asset Large Cap Fund Direct IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is -0.01% since its inception.

How much expense ratio is charged by Mirae Asset Large Cap Fund Direct IDCW?

The term Expense Ratio used for Mirae Asset Large Cap Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mirae Asset Large Cap Fund Direct IDCW is 0.53% as of 28 Mar 2023...

What is the AUM of Mirae Asset Large Cap Fund Direct IDCW?

The AUM, short for Assets Under Management of Mirae Asset Large Cap Fund Direct IDCW is ₹32,910.58Cr as of 28 Mar 2023.

How to Redeem Mirae Asset Large Cap Fund Direct IDCW?

If you want to sell your Mirae Asset Large Cap Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mirae Asset Large Cap Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Mirae Asset Large Cap Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Mirae Asset Large Cap Fund Direct IDCW?

The NAV of Mirae Asset Large Cap Fund Direct IDCW is ₹50.99 as of 27 Mar 2023.

What is the PE and PB ratio of Mirae Asset Large Cap Fund Direct IDCW?

The PE ratio ratio of Mirae Asset Large Cap Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Mirae Asset Large Cap Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

Mirae Asset Large Cap Fund Direct IDCW
Equity
Large Cap
Very High Risk
Payout
25.72%
3Y annualised
+0.06% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 27 Mar 2023₹50.99
Min. SIP amount₹1,000
Rating3
Fund size₹32,910.58Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Large Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-0.0%25.7%11.8%15.5%
Category average-1.6%24.9%10.5%NA
Rank with in category372815NA
Understand terms
Holdings (59)NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity11.0%
ICICI Bank Ltd.FinancialEquity9.1%
Reliance Industries Ltd.EnergyEquity7.9%
Infosys Ltd.TechnologyEquity7.3%
Axis Bank Ltd.FinancialEquity4.6%
Bharti Airtel Ltd.CommunicationEquity3.6%
State Bank of IndiaFinancialEquity3.2%
Housing Development Finance Corporation Ltd.FinancialEquity3.2%
Larsen & Toubro Ltd.ConstructionEquity3.0%
Maruti Suzuki India Ltd.AutomobileEquity2.9%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity Large Cap
Pros
Cons
Lower expense ratio: 0.53%
Lower alpha: -0.55
The fund has generated returns lower than benchmark - NIFTY 100 Total Return Index - in the last 3Y 
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
28 Feb 2023 - Present
0.54%
31 Jan 2023 - 28 Feb 2023
0.53%
31 Dec 2022 - 31 Jan 2023
0.53%
31 Dec 2022 - 31 Dec 2022
0.53%
30 Nov 2022 - 31 Dec 2022
0.51%
30 Nov 2022 - 30 Nov 2022
0.51%
30 Nov 2022 - 30 Nov 2022
0.51%
31 Oct 2022 - 30 Nov 2022
0.53%
31 Oct 2022 - 31 Oct 2022
0.53%
31 Oct 2022 - 31 Oct 2022
0.53%
30 Sep 2022 - 31 Oct 2022
0.50%
30 Sep 2022 - 30 Sep 2022
0.50%
30 Sep 2022 - 30 Sep 2022
0.50%
31 Aug 2022 - 30 Sep 2022
0.49%
31 Aug 2022 - 31 Aug 2022
0.49%
31 Jul 2022 - 31 Aug 2022
0.51%
31 Jul 2022 - 31 Jul 2022
0.51%
31 Jul 2022 - 31 Jul 2022
0.51%
30 Jun 2022 - 31 Jul 2022
0.58%
30 Jun 2022 - 30 Jun 2022
0.58%
31 May 2022 - 30 Jun 2022
0.57%
31 May 2022 - 31 May 2022
0.57%
30 Apr 2022 - 31 May 2022
0.62%
30 Apr 2022 - 30 Apr 2022
0.62%
31 Mar 2022 - 30 Apr 2022
0.60%
31 Mar 2022 - 31 Mar 2022
0.60%
28 Feb 2022 - 31 Mar 2022
0.56%
28 Feb 2022 - 28 Feb 2022
0.56%
31 Jan 2022 - 28 Feb 2022
0.54%
31 Dec 2021 - 31 Jan 2022
0.51%
30 Nov 2021 - 31 Dec 2021
0.53%
31 Oct 2021 - 30 Nov 2021
0.52%
30 Sep 2021 - 31 Oct 2021
0.53%
31 Aug 2021 - 30 Sep 2021
0.54%
31 Jul 2021 - 31 Aug 2021
0.54%
30 Jun 2021 - 31 Jul 2021
0.54%
31 May 2021 - 30 Jun 2021
0.54%
30 Apr 2021 - 31 May 2021
0.53%
31 Mar 2021 - 30 Apr 2021
0.55%
28 Feb 2021 - 31 Mar 2021
0.54%
31 Jan 2021 - 28 Feb 2021
0.56%
31 Dec 2020 - 31 Jan 2021
0.55%
30 Nov 2020 - 31 Dec 2020
0.55%
31 Oct 2020 - 30 Nov 2020
0.56%
30 Sep 2020 - 31 Oct 2020
0.62%
31 Aug 2020 - 30 Sep 2020
0.62%
31 Jul 2020 - 31 Aug 2020
0.63%
30 Jun 2020 - 31 Jul 2020
0.62%
31 May 2020 - 30 Jun 2020
0.65%
30 Apr 2020 - 31 May 2020
0.61%
31 Mar 2020 - 30 Apr 2020
0.56%
29 Feb 2020 - 31 Mar 2020
0.57%
31 Jan 2020 - 29 Feb 2020
0.57%
31 Dec 2019 - 31 Jan 2020
0.60%
30 Nov 2019 - 31 Dec 2019
0.60%
31 Oct 2019 - 30 Nov 2019
0.61%
30 Sep 2019 - 31 Oct 2019
0.62%
31 Aug 2019 - 30 Sep 2019
0.63%
31 Jul 2019 - 31 Aug 2019
0.63%
30 Jun 2019 - 31 Jul 2019
0.63%
31 May 2019 - 30 Jun 2019
0.64%
30 Apr 2019 - 31 May 2019
0.65%
31 Mar 2019 - 30 Apr 2019
0.96%
28 Feb 2019 - 31 Mar 2019
0.96%
31 Jan 2019 - 28 Feb 2019
0.79%
31 Dec 2018 - 31 Jan 2019
0.79%
30 Nov 2018 - 31 Dec 2018
0.79%
31 Oct 2018 - 30 Nov 2018
0.79%
30 Sep 2018 - 31 Oct 2018
1.32%
31 Aug 2018 - 30 Sep 2018
1.32%
31 Jul 2018 - 31 Aug 2018
1.32%
30 Jun 2018 - 31 Jul 2018
1.32%
31 May 2018 - 30 Jun 2018
1.32%
30 Apr 2018 - 31 May 2018
1.40%
31 Mar 2018 - 30 Apr 2018
1.58%
28 Feb 2018 - 31 Mar 2018
1.60%
31 Jan 2018 - 28 Feb 2018
1.61%
31 Dec 2017 - 31 Jan 2018
1.61%
30 Nov 2017 - 31 Dec 2017
1.61%
31 Oct 2017 - 30 Nov 2017
1.71%
Expense ratio, exit load and taxExpense ratio: 0.53%Inclusive of GST
Exit loadExit load of 1% if redeemed within 1 year
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementGaurav Khandelwal
Oct 2021 - Present
View details
Education
Mr. Khandelwal is a CA and CFA
Experience
Prior to joining Mirae Asset Investment Managers (India) he has worked with Edelweiss Securities Ltd., Ambit Capital Private Limited, Emkay Global Private Limited, CRISIL Limited and ICICI Bank.
Also manages these schemes
Mirae Asset Large Cap Fund Regular Growth
Mirae Asset Large Cap Fund Regular IDCW
Mirae Asset Large Cap Fund Direct Growth
Mirae Asset Large Cap Fund Direct IDCW
Gaurav Misra
Jan 2019 - Present
View details
Education
Mr. Misra has done BA ECO (HONS) and MBA, IIM Lucknow
Experience
Mr. Misra has over 24 years of experience in investment management and equity research functions. Prior to joining Mirae Asset Mutual Fund, he has worked as Senior Portfolio Manager with ASK Investment Managers Limited.
Also manages these schemes
Mirae Asset Large Cap Fund Regular Growth
Mirae Asset Large Cap Fund Regular IDCW
Mirae Asset Large Cap Fund Direct Growth
Mirae Asset Large Cap Fund Direct IDCW
Mirae Asset Focused Fund Regular Growth
Mirae Asset Focused Fund Regular IDCW
Mirae Asset Focused Fund Direct IDCW
Mirae Asset Focused Fund Direct Growth
Fund house & investment objective
Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM₹1,02,127.67Cr
Date of Incorporation26 Apr 2019
 Mirae Asset Large Cap Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 26 Apr 2019. Neelesh Surana, Harshad Borawake is the Current Fund Manager of Mirae Asset Large Cap Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹1,02,128 Cr and the Latest NAV as of 27 Mar 2023 is ₹50.99.
The Mirae Asset Large Cap Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 1% if redeemed within 1 year
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY 100 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
26 Apr 2019
E-mail
[email protected]
Website
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Mirae Asset Large Cap Fund Direct IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	-0.0%	25.7%	11.8%	15.5%
Category average	-1.6%	24.9%	10.5%	NA
Rank with in category	37	28	15	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	11.0%
ICICI Bank Ltd.	Financial	Equity	9.1%
Reliance Industries Ltd.	Energy	Equity	7.9%
Infosys Ltd.	Technology	Equity	7.3%
Axis Bank Ltd.	Financial	Equity	4.6%
Bharti Airtel Ltd.	Communication	Equity	3.6%
State Bank of India	Financial	Equity	3.2%
Housing Development Finance Corporation Ltd.	Financial	Equity	3.2%
Larsen & Toubro Ltd.	Construction	Equity	3.0%
Maruti Suzuki India Ltd.	Automobile	Equity	2.9%

Rank (total assets)	#13 in India
Total AUM	₹1,02,127.67Cr

Date of Incorporation	26 Apr 2019

Fund benchmark	NIFTY 100 Total Return Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹32,910.58Cr

Mirae Asset Large Cap Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (59)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.53%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Gaurav KhandelwalOct 2021 - PresentView details

Gaurav MisraJan 2019 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Gaurav Khandelwal
Oct 2021 - Present
View details

Gaurav Misra
Jan 2019 - Present
View details