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5 star

Mirae Asset Large Cap Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.04 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like for 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-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -1.58 -0.99 -1.42 2.84 5.68 24.72 3.76 5.39 11.16 16.92 --
S&P BSE 100 TRI -2.39 -1.32 -1.47 3.79 4.46 25.26 1.83 4.50 8.71 11.41 --
Equity: Large Cap -3.25 -1.13 -1.17 3.78 4.04 21.91 0.57 3.94 8.22 11.85 --
Rank within category 15 20 37 51 6 25 10 17 3 1 --
Number of funds in category 65 69 69 67 67 67 63 54 49 49 0

As on 28-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 3.76 5.39 11.16 0.58 18,450
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 -0.07 3.05 8.72 1.09 23,423
Axis Bluechip Fund - Direct Plan
5 star
Jan-13 4.79 11.06 12.11 0.56 17,270
Kotak Bluechip Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.53 6.05 8.85 1.07 1,678
HDFC Index Fund - Sensex Plan - Direct Plan  | Invest Online
4 star
Jan-13 2.79 7.24 9.16 0.10 1,496

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.06 (01-Apr-2020 - 09-Apr-2020) -18.08 (16-Mar-2020 - 23-Mar-2020)
Month 21.80 (23-Mar-2020 - 22-Apr-2020) -36.54 (20-Feb-2020 - 23-Mar-2020)
Quarter 34.77 (23-Mar-2020 - 22-Jun-2020) -36.47 (23-Dec-2019 - 23-Mar-2020)
Year 76.13 (03-Sep-2013 - 03-Sep-2014) -30.97 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.32 20.98 0.16 0.17 0.99 0.99
S&P BSE 100 TRI 7.35 21.09 0.11 0.12 -- --
Equity: Large Cap 6.35 20.41 0.07 0.07 0.95 -0.89
Rank within category 9 38 10 9 39 9
Number of funds in category 54 54 54 54 54 54

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 55.93
Top 5 Stocks (%) 39.91
Top 3 Sectors (%) 59.15
Portfolio P/B Ratio 2.87
Portfolio P/E Ratio 24.73

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,88,890 2,14,288
Giant (%) 70.67 65.47
Large (%) 14.21 25.83
Mid (%) 14.13 11.37
Small (%) 0.99 2.39
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Reliance Industries Energy 32.21 11.68 2.84 11.68
up HDFC Bank Financial 22.16 10.32 7.76 9.48
up Infosys Technology 25.45 8.47 2.93 8.47
equal ICICI Bank Financial 26.99 7.81 4.04 6.30
up Tata Consultancy Services Technology 32.14 4.02 1.17 3.98
up Hindustan Unilever FMCG 71.44 3.68 0.08 3.68
up Bharti Airtel Communication -- 3.70 0.02 3.43
equal Axis Bank Financial 42.97 5.36 0.84 3.19
equal Maruti Suzuki India Automobile 53.32 3.79 2.23 2.90
equal Larsen & Toubro Construction 11.64 4.74 2.82 2.82
equal State Bank of India Financial 7.79 5.02 2.44 2.44
equal ITC FMCG 14.09 4.44 2.33 2.43
down Ashok Leyland Automobile -- 1.72 0.00 1.72
equal HDFC Life Insurance Financial 87.89 2.09 0.00 1.70
equal Max Financial Services Financial 64.71 1.65 0.00 1.65
equal Dabur India FMCG 64.54 2.08 0.64 1.61
equal Divi's Laboratories Healthcare 52.31 2.02 0.00 1.59
equal Titan Company Cons Durable 149.31 1.72 0.00 1.51
equal Voltas Cons Durable 53.34 1.51 0.76 1.45
equal HDFC Financial 15.95 4.33 1.42 1.42
down Biocon Healthcare 75.77 1.87 0.00 1.38
equal NTPC Energy 14.91 2.33 0.00 1.35
equal Britannia Inds. FMCG 47.36 1.64 0.00 1.32
equal Tata Consumer Products FMCG 89.64 1.87 0.79 1.31
up BPCL Energy 21.36 1.30 0.00 1.30

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Gaurav Misra since 31-Jan-2019

Education: Mr. Misra has done BA ECO (HONS) and MBA, IIM Lucknow

Experience: Mr. Misra has over 24 years of experience in investment management and equity research functions. Prior to joining Mirae Asset Mutual Fund, he has worked as Senior Portfolio Manager with ASK Investment Managers Limited.

Funds Managed:

— Harshad Borawake since 01-May-2017

Education: Mr. Borawake is MBA(Finance) & B.E.(Polymers)

Experience: Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.

Funds Managed:


-0.99%

Change from previous, NAV as on 28-Oct-2020

Growth: ₹ 56.8570

Dividend: ₹ 37.9820


Investment Strategy

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.

Investment Details

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

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 15.06%
Benchmark: NIFTY 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 18,450 Cr (As on 30-Sep-2020)
Expense: 0.58% (As on 30-Sep-2020)
Risk Grade: Below Average
Return Grade: High
Turnover: 26.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend06-Dec-20181.5495

 12-Mar-20182.0000

Contact Information

AMC: Mirae Asset Investment Managers (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]

Website: http://www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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