Mirae Asset Large Cap Fund Direct Growth+2.65%

5
-19.77%
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 Ratio0.61%
NAV44.42 (27 May 2020)
Fund Started01 Jan 2013
Fund Size15,347 Cr

Fund Overview

Quick overview of Mirae Asset Large Cap Fund Direct Growth

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Large Cap Fund Direct Growth
-19.8%
0.5%
6.2%
12.2%
Category Average
-21.4%
-2.1%
4.0%
-
Rank within category
34
16
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -19.8% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    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
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity9.7%
    Reliance Industries Ltd.EnergyEquity9.7%
    ICICI Bank Ltd.FinancialEquity6.7%
    Infosys Ltd.TechnologyEquity6.4%
    Tata Consultancy Services Ltd.TechnologyEquity3.6%
    Larsen & Toubro Ltd.ConstructionEquity3.5%
    Axis Bank Ltd.FinancialEquity3.3%
    ITC Ltd.FMCGEquity3.1%
    Maruti Suzuki India Ltd.AutomobileEquity3.0%
    State Bank of IndiaFinancialEquity3.0%
    See All

    Fund Managers

    addGaurav Misra
    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.
    Funds Managed

    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 ₹15,347 Cr and the Latest NAV as of 27 May 2020 is ₹44.42.

    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 investment objective of the scheme is to generate long term capital appreciation by capitalizing on potential investment opportunities through predominantly investing in equities, 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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