Fund Details
Mirae Asset Large Cap Fund Regular Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.63% |
| NAV | ₹65.31 (14 May 2021) |
|---|---|
| Fund Started | 04 Apr 2008 |
| Fund Size | ₹23,993 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 5Y Returns are higher than the category average returns
3. 10Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 1Y 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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 10.3% |
| HDFC Bank Ltd. | Financial | Equity | 10.0% |
| Reliance Industries Ltd. | Energy | Equity | 8.5% |
| ICICI Bank Ltd. | Financial | Equity | 8.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.5% |
| Axis Bank Ltd. | Financial | Equity | 4.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.4% |
| Bharti Airtel Ltd. | Communication | Equity | 3.3% |
| State Bank of India | Financial | Equity | 3.0% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 3.0% |
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 ₹23,993 Cr and the Latest NAV as of 14 May 2021 is ₹65.31.
The Mirae Asset Large Cap Fund Regular Growth is rated Very 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.
