Mirae Asset Large & Midcap Fund Direct Growth

Equity
Large & MidCap
Very High Risk
19.47%
3Y annualised
+0.15% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Feb 2024₹144.46
Min. SIP amount₹500
Rating4
Fund size₹33,295.23Cr

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 & MidCap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns38.4%19.5%23.1%23.3%
Category average40.3%20.7%20.4%NA
Rank with in category16204NA
Understand terms

Holdings (84)

NameSectorInstrumentAssets
FinancialEquity5.64%
FinancialEquity3.49%
EnergyEquity3.01%
FinancialEquity2.97%
ConstructionEquity2.80%
FinancialEquity2.74%
FinancialEquity2.45%
TechnologyEquity2.23%
EnergyEquity2.23%
EnergyEquity2.03%
See All

Pros and cons

Category: Equity Large & MidCap

Pros

Cons

5Y and 10Y annualised returns higher than category average
Consistently lower annualised returns than category average for the past 1Y and 3Y
Higher alpha: 2.95 The fund has generated returns higher than benchmark - NIFTY Large Midcap 250 Total Return Index - in the last 3Y
Lower expense ratio: 0.62%

Expense ratio, exit load and tax

Expense ratio: 0.62%

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 investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIP₹500

Fund management

Neelesh Surana
Jan 2013 - Present
View details

Education
Mr. Surana is B.E (Mechanical) and MBA in Finance.
Experience
Prior to joining Mirae Asset AMC he has worked with ASK Investment Managers Pvt Ltd.
Also manages these schemes

Ankit Jain
Jan 2019 - Present
View details

Education
Mr. Jain is a B.Tech (ICT) and MBA (Finance).
Experience
Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirus Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.
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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