| Launch date | 10 Oct 2024 |
| Allotment date | 25 Oct 2024 |
| End date | 18 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.28%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Fund management
Ritesh PatelMar 2025 - PresentView details
Ekta GalaOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #13 in India |
|---|---|
| Total AUM | ₹2,31,683.80Cr |
| Date of Incorporation | 30 Nov 2007 |
|---|
Mirae Asset Nifty LargeMidcap 250 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Ekta Gala is the Current Fund Manager of Mirae Asset Nifty LargeMidcap 250 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,31,684 Cr and the Latest NAV as of 12 Dec 2025 is ₹10.62. The Mirae Asset Nifty LargeMidcap 250 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. ;
Investment Objective
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of Nifty LargeMidcap 250 Total Return Index, subject to tracking error. ;
| Fund benchmark | NIFTY Large Midcap 250 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Large & MidCap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Motilal Oswal Large and Midcap Fund Direct Growth | 5 | -3.8% | 25.3% | 15,146.47 |
Bandhan Large & Mid Cap Fund Direct Growth | 5 | 5.0% | 23.8% | 11,799.16 |
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth | 5 | 10.1% | 21.4% | 26,939.23 |
Nippon India Vision Large & Mid Cap Direct Growth | 4 | 2.5% | 20.7% | 6,866.18 |
SBI Large & Midcap Fund Direct Plan Growth | 4 | 6.6% | 17.5% | 37,044.60 |