Mirae Asset Large Cap Fund Direct Growth

Equity
Large Cap
Very High Risk
14.59%
3Y annualised
-0.84% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Feb 2024₹105.88
Min. SIP amount₹500
Rating4
Fund size₹37,903.96Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Large Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns25.2%14.6%16.1%16.7%
Category average39.1%17.2%16.6%NA
Rank with in category855841NA
Understand terms

Holdings (64)

NameSectorInstrumentAssets
FinancialEquity8.75%
FinancialEquity8.72%
EnergyEquity8.08%
TechnologyEquity7.78%
FinancialEquity4.90%
CommunicationEquity4.23%
FinancialEquity3.67%
FinancialEquity3.66%
ConstructionEquity3.55%
Consumer StaplesEquity2.21%
See All

Pros and cons

Category: Equity Large Cap

Pros

Cons

Lower expense ratio: 0.54%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
10Y annualised returns higher than category average by 3.08%
Lower alpha: -0.47 The fund has generated returns lower than benchmark - NIFTY 100 Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.54%

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₹500

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
30 Nov 2007
E-mail
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,

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