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Home>Mutual Funds>Mirae Asset Mutual Fund>Mirae Asset Large Cap Fund Direct IDCW

Mirae Asset Large Cap Fund Direct IDCW

Equity
Large Cap
Very High Risk
Payout
11.90%
3Y annualised
+0.22% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Jul 2022₹47.91
Min. SIP amount₹1,000
Rating4
Fund size₹31,292.25Cr

Returns and rankings

Category: Equity Large Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns0.9%11.9%12.1%16.0%
Category average48.0%13.9%14.2%NA
Rank with in category39116NA
Understand terms

Holdings (62)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity9.1%
ICICI Bank Ltd.FinancialEquity8.9%
Infosys Ltd.TechnologyEquity8.1%
Reliance Industries Ltd.EnergyEquity7.1%
Axis Bank Ltd.FinancialEquity4.0%
State Bank of IndiaFinancialEquity4.0%
Hindustan Unilever Ltd.Consumer StaplesEquity3.2%
Bharti Airtel Ltd.CommunicationEquity3.1%
Tata Consultancy Services Ltd.TechnologyEquity2.9%
Sun Pharmaceutical Industries Ltd.HealthcareEquity2.5%
See All

Pros and cons

Category: Equity Large Cap

Pros

Cons

Lower expense ratio: 0.57%
Higher AUM: 31292Cr. Funds with a higher AUM tend to have lower returns in the future
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y

Expense ratio, exit load and tax

Expense ratio: 0.57%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 year

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns 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 amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Gaurav 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

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

Fund house & investment objective

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
Website
NA
Amc Image
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,

Compare funds

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FAQs

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 0.92% 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 0.57% as of 02 Jul 2022...

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 ₹31,292.25Cr as of 02 Jul 2022.

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 ₹47.91 as of 01 Jul 2022.

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).

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