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4 star

Mirae Asset Large Cap Fund - Direct Plan download report


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.65 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.82 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
Mirae Asset Large Cap Direct-G 0.70 0.45 1.92 8.47 12.49 1.33 7.52 18.17 13.89 14.23 --
S&P BSE 100 TRI 3.71 0.28 1.80 10.53 12.86 3.56 10.27 18.71 13.89 12.91 --
Equity: Large Cap 1.68 0.25 1.66 9.68 12.60 2.15 8.28 17.62 12.76 11.92 --
Rank within category 52 10 10 81 57 62 54 15 12 1 --
Number of funds in category 79 90 89 88 88 82 74 59 49 48 0

As on 12-Aug-2022

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
4 star
Jan-13 7.52 18.17 13.89 0.58 32,913
Axis Bluechip Fund - Direct Plan
5 star
Jan-13 3.05 16.04 15.44 0.52 35,915
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
5 star
Jan-13 10.57 18.78 13.67 1.07 32,525
UTI Mastershare Fund - Direct Plan  | Invest Online
4 star
Jan-13 6.95 18.92 13.89 1.03 10,136
Canara Robeco Bluechip Equity Fund - Direct Plan  | Invest Online
5 star
Jan-13 5.74 20.86 15.76 0.39 7,593

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 93.80 23-Mar-2020 - 23-Mar-2021 -30.97 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Mirae Asset Large Cap Direct-G 18.18 21.39 0.69 0.76 0.97 -0.07
S&P BSE 100 TRI 18.78 22.00 0.70 0.83 -- --
Equity: Large Cap 17.70 21.49 0.67 0.79 0.95 -0.39
Rank within category 16 25 16 42 29 24
Number of funds in category 59 59 59 59 59 59

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

As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 63
Top 10 Stocks (%) 52.97
Top 5 Stocks (%) 37.72
Top 3 Sectors (%) 55.59
Portfolio P/B Ratio 3.31
Portfolio P/E Ratio 21.42

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,30,274 2,80,458
Giant (%) 65.42 62.83
Large (%) 14.39 28.44
Mid (%) 19.10 11.44
Small (%) 1.09 2.22
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 ICICI Bank Financial 21.96 9.74 6.05 9.51
equal HDFC Bank Financial 20.78 11.23 8.12 9.33
down Infosys Technology 30.12 10.31 3.72 7.60
up Reliance Industries Energy 26.83 11.68 5.86 7.00
equal Axis Bank Financial 14.47 4.89 2.85 4.27
down State Bank of India Financial 13.41 5.02 2.42 3.93
up Bharti Airtel Communication 75.69 4.06 0.02 3.20
down Hindustan Unilever Consumer Staples 66.55 3.68 0.31 2.92
equal Tata Consultancy Services Technology 32.06 4.52 2.75 2.75
up Sun Pharmaceutical Industries Healthcare 56.35 2.45 0.19 2.45
equal Larsen & Toubro Construction 28.17 4.74 2.07 2.21
down HCL Technologies Technology 19.11 2.44 0.00 1.98
equal SBI Cards & Payments Services Financial 46.41 1.74 0.00 1.74
equal ITC Consumer Staples 23.35 4.44 1.44 1.62
equal Dr. Reddy's Lab Healthcare 23.69 2.95 0.53 1.54
equal Maruti Suzuki India Automobile 59.18 3.20 1.36 1.43
equal Kajaria Ceramics Materials 42.42 1.38 0.00 1.38
up Gland Pharma Healthcare 35.72 1.39 0.00 1.33
equal HDFC Financial 19.49 2.84 0.81 1.21
up Crompton Greaves Consumer Electricals Consumer Discretionary 40.45 1.19 0.00 1.19
equal NTPC Energy 9.34 2.16 0.98 1.14
equal Havells India Capital Goods 67.52 1.76 0.82 1.13
equal Ambuja Cements Materials 32.23 2.00 0.00 1.11
equal Hindustan Petroleum Corporation Energy -- 2.11 0.78 1.11
equal Max Financial Services Financial 94.98 1.65 0.90 1.11

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 31-Jul-2022

Fund Manager

— Gaurav Khandelwal since 18-Oct-2021

Education: Mr. Khandelwal is a CA and CFA

Experience: Prior to joining Mirae Asset Investment Managers (India) he has worked with Edelweiss Securities Ltd., Ambit Capital Private Limited, Emkay Global Private Limited, CRISIL Limited and ICICI Bank.

— 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.

Interviews:

Funds Managed:


0.45%

Change from previous, NAV as on 12-Aug-2022

Growth: ₹ 86.3590

IDCW: ₹ 53.1890


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 5
Min. Withdrawal (₹) 1,000
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 17.08%
Benchmark: NIFTY 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 32,913 Cr (As on 31-Jul-2022)
Expense Ratio: 0.58% (As on 30-Jun-2022)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 20.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Mar-20213.6500

 06-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

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

Registrar & Transfer Agent: KFin Technologies 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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