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5 star

Mirae Asset Large Cap Fund - Regular Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.49 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.94 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 14.07 -0.55 0.11 6.12 7.12 15.93 58.70 14.18 16.08 15.02 15.81
S&P BSE 100 TRI 14.00 -0.50 -0.35 5.71 7.72 15.96 61.88 14.28 15.52 12.37 12.94
Equity: Large Cap 13.88 -0.52 -0.42 5.71 8.14 15.83 57.87 13.15 14.33 11.75 12.24
Rank within category 39 87 15 32 63 45 57 32 6 1 1
Number of funds in category 119 125 125 123 122 118 114 92 78 63 54

As on 17-Jun-2021

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 - Regular Plan  | Invest Online
5 star
Apr-08 58.70 14.18 16.08 1.60 25,721
Axis Bluechip Fund
5 star
Jan-10 50.49 15.29 16.56 1.77 27,142
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 60.42 14.16 14.94 0.29 4,022
HDFC Index Fund Nifty 50 Plan  | Invest Online
4 star
Jul-02 60.03 13.88 14.74 0.40 3,210
Canara Robeco Bluechip Equity Fund - Regular Plan  | Invest Online
5 star
Aug-10 55.32 17.23 17.01 1.99 2,886

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 20.86 27-Oct-2008 - 04-Nov-2008 -18.60 03-Oct-2008 - 10-Oct-2008
Month 34.70 29-Apr-2009 - 29-May-2009 -36.60 20-Feb-2020 - 23-Mar-2020
Quarter 96.22 09-Mar-2009 - 10-Jun-2009 -40.00 28-Jul-2008 - 27-Oct-2008
Year 157.03 09-Mar-2009 - 11-Mar-2010 -31.72 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.40 21.46 0.52 0.59 0.97 -0.06
S&P BSE 100 TRI 15.84 22.08 0.52 0.62 -- --
Equity: Large Cap 14.65 21.46 0.49 0.58 0.95 -0.64
Rank within category 41 27 40 47 38 40
Number of funds in category 93 93 93 93 93 93

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

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 58
Top 10 Stocks (%) 56.12
Top 5 Stocks (%) 40.17
Top 3 Sectors (%) 62.35
Portfolio P/B Ratio 3.47
Portfolio P/E Ratio 25.60

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,45,528 2,65,393
Giant (%) 67.66 65.35
Large (%) 18.92 27.21
Mid (%) 12.74 9.59
Small (%) 0.68 1.92
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
up HDFC Bank Financial 25.65 11.23 8.04 9.53
down Infosys Technology 33.13 10.31 2.93 9.11
equal ICICI Bank Financial 23.74 8.86 4.04 8.86
up Reliance Industries Energy 30.63 11.68 4.92 8.55
equal Axis Bank Financial 31.38 5.36 1.79 4.12
down Tata Consultancy Services Technology 37.61 4.52 2.73 4.05
down State Bank of India Financial 16.44 5.02 2.42 3.17
equal Bharti Airtel Communication -- 4.06 0.02 3.17
equal Hindustan Unilever FMCG 72.90 3.68 0.08 2.94
equal Maruti Suzuki India Automobile 47.89 3.20 2.23 2.61
down Dr. Reddy's Lab Healthcare 45.04 2.95 0.00 2.58
equal Larsen & Toubro Construction 17.89 4.74 2.25 2.30
equal ITC FMCG 19.14 4.44 1.93 1.93
up Ashok Leyland Automobile -- 1.72 0.00 1.56
up Ambuja Cements Construction 24.56 1.56 0.00 1.54
up HDFC Financial 23.97 3.60 1.38 1.50
equal ICICI Lombard General Insurance Company Financial 47.33 1.42 0.00 1.38
equal Muthoot Finance Financial 15.52 1.37 0.00 1.33
down Max Financial Services Financial 79.37 1.65 0.11 1.30
equal Dabur India FMCG 60.27 2.08 1.22 1.22
down Bharat Petroleum Corporation Energy 6.34 1.30 0.00 1.21
up Voltas Cons Durable 64.83 1.47 0.76 1.20
equal NTPC Energy 14.66 2.33 0.00 1.18
equal HDFC Life Insurance Financial 105.38 2.09 0.00 1.17
equal Kajaria Ceramics Construction 49.59 1.16 0.00 1.07

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-May-2021

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:


-0.55%

Change from previous, NAV as on 17-Jun-2021

Growth: ₹ 70.3910

IDCW: ₹ 21.2480


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 (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 04-Apr-2008
Return Since Launch: 15.92%
Benchmark: NIFTY 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 25,721 Cr (As on 31-May-2021)
Expense: 1.60% (As on 30-Apr-2021)
Risk Grade: Below Average
Return Grade: High
Turnover: 25.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Mar-20211.6500

 16-Dec-20191.3281
 06-Dec-20181.4167
 12-Mar-20182.0000
 24-Jul-20171.7000
 26-Jul-20161.5000
 11-Mar-20161.3500
 13-Feb-20151.6000
 27-Jan-20141.2000
 14-Mar-20131.4000
 22-Mar-20121.5000
 10-Dec-20101.5000
 09-Sep-20090.9000

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

Last Session

Investors' Hangout

Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM

Registration Over