Fund Details
Mirae Asset Large Cap Fund Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.67% |
| NAV | ₹57.52 (23 Nov 2020) |
|---|---|
| Fund Started | 04 Apr 2008 |
| Fund Size | ₹18,999 Cr |
Fund Overview
Returns
as per Historical Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. Age is more than 10 years
4. 1Y Returns are higher than the category average returns
5. 3Y Returns are higher than the category average returns
6. 5Y Returns are higher than the category average returns
7. 10Y Returns are higher than the category average returns
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
6. 10Y Returns are lower than the benchmark
7. Asset under management(AUM) is more than 15000 Crs. Returns tend to go low once AUM exceeds a certain amount
8. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 10.4% |
| HDFC Bank Ltd. | Financial | Equity | 10.1% |
| Infosys Ltd. | Technology | Equity | 8.8% |
| ICICI Bank Ltd. | Financial | Equity | 6.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.1% |
| Bharti Airtel Ltd. | Communication | Equity | 3.8% |
| Axis Bank Ltd. | Financial | Equity | 3.6% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.6% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.9% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.8% |
Fund Managers
Mirae Asset Large Cap Fund Regular Growth Details
Mirae Asset Large Cap Fund Regular Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 04 Apr 2008. Neelesh Surana, Harshad Borawake is the Current Fund Manager of Mirae Asset Large Cap Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹18,999 Cr and the Latest NAV as of 23 Nov 2020 is ₹57.52.
The Mirae Asset Large Cap Fund Regular 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.
