When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund invests in a combination of large and medium-sized companies, thereby providing some degree of flexibility to the fund management team to invest in companies of different sizes, depending upon where it expects maximum gains. We believe this flexibility is good for fund investors but we suggest one should also consider multi cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other large and mid cap fund, if you need to redeem your investment in less than five years.
Taxability of earnings:
|Equity: Large & MidCap||3.29||0.31||2.09||3.93||8.53||8.18||12.28||11.26||8.84||14.22||--|
|Rank within category||9||27||16||7||2||3||2||1||1||1||--|
|Number of funds in category||27||28||28||27||25||25||24||21||19||18||17|
As on 17-Jan-2020
|Best (Period)||Worst (Period)|
|Week||-- ( - )||-- ( - )|
|Month||19.35 (07-May-2014 - 06-Jun-2014)||-13.10 (07-Sep-2018 - 09-Oct-2018)|
|Quarter||31.74 (10-Mar-2014 - 09-Jun-2014)||-19.97 (10-Nov-2010 - 09-Feb-2011)|
|Year||107.82 (03-Sep-2013 - 03-Sep-2014)||-15.52 (31-Dec-2010 - 02-Jan-2012)|
|Equity: Large & MidCap||11.79||13.81||0.44||0.66||1.01||-2.73|
|Rank within category||1||13||1||1||13||1|
|Number of funds in category||23||23||23||23||23||23|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2019
|Number of Stocks||59|
|Top 10 Stocks (%)||38.75|
|Top 5 Stocks (%)||24.44|
|Top 3 Sectors (%)||53.88|
|Portfolio P/B Ratio||3.00|
|Portfolio P/E Ratio||22.52|
|Average Mkt Cap (Rs Cr)||64,976||68,908|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|State Bank of India||Financial||28.05||4.78||0.00||4.53|
|Larsen & Toubro||Construction||19.36||3.47||0.00||3.47|
|Max Financial Services||Financial||80.92||2.66||0.00||2.66|
|Tata Consultancy Services||Technology||25.67||2.39||0.00||2.39|
|Gujarat State Petronet||Energy||13.95||2.21||0.00||2.21|
|Tata Global Beverages||FMCG||62.30||4.42||2.05||2.05|
|Aditya Birla Fashion and Retail||Services||60.51||2.29||0.00||1.81|
|Maruti Suzuki India||Automobile||37.39||2.00||0.00||1.79|
|Dr. Lal Pathlabs||Healthcare||59.89||1.83||0.00||1.71|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
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 Equirius 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.
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To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of large cap and midcap companies at the time of investment.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||1,000|
|Minimum No of Cheques||5|
|Minimum Withdrawal (₹)||1,000|
|Minimum Balance (₹)||--|
|Exit Load||1% for redemption within 365 days|
|Fund House:||Mirae Asset Mutual Fund|
|Return Since Launch:||20.62%|
|Benchmark:||NIFTY Large Midcap 250 TRI|
|Assets:||₹ 9,516 Cr (As on 31-Dec-2019)|
|Expense:||2.02% (As on 31-Dec-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Mirae Asset Global Investments (India) Pvt.Ltd.
Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098
Phone: 022-67800301 / 1800-2090-777
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034
Email: [email protected]