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Mirae Asset Large Cap Fund Direct Growth-0.72%

16.78%
1 Year Return
Equity
Large Cap
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Mirae Asset Large Cap Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.55%
NAV₹68.36 (25 Jan 2021)
Fund Started01 Jan 2013
Fund Size22,093 Cr

Fund Overview

Quick overview of Mirae Asset Large Cap Fund Direct Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
16.8%
9.3%
17.1%
17.5%
Category Average
16.0%
8.3%
14.1%
-
Rank Within Category
24
27
3
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 16.8% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.58%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is more than 15000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity10.5%
Infosys Ltd.TechnologyEquity9.0%
Reliance Industries Ltd.EnergyEquity8.7%
ICICI Bank Ltd.FinancialEquity7.9%
Axis Bank Ltd.FinancialEquity3.9%
Tata Consultancy Services Ltd.TechnologyEquity3.8%
Bharti Airtel Ltd.CommunicationEquity3.8%
Hindustan Unilever Ltd.FMCGEquity3.6%
State Bank of IndiaFinancialEquity3.0%
Dr. Reddy's Laboratories Ltd.HealthcareEquity2.7%
See All

Fund Managers

Gaurav Misra
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Mirae Asset Large Cap Fund Direct Growth Details

Mirae Asset Large Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Neelesh Surana, Harshad Borawake is the Current Fund Manager of Mirae Asset Large Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹22,093 Cr and the Latest NAV as of 25 Jan 2021 is ₹68.36.

The Mirae Asset Large Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year

Investment Objective

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.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load

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About Mirae Asset Mutual Fund

Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Phone
022-67800300
Launch Date
30 Nov 2007
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,
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