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5 star

Mirae Asset Large Cap Fund - Regular Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.13 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.80 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 -6.52 0.06 1.96 4.49 22.76 -6.55 4.80 4.01 8.20 17.00 12.54
S&P BSE 100 TRI -6.55 0.19 1.48 4.23 22.37 -6.64 4.55 3.99 6.75 12.38 8.79
Equity: Large Cap -6.57 0.14 1.31 3.76 20.57 -7.12 3.92 3.56 5.75 11.93 8.31
Rank within category 37 82 7 16 7 34 38 43 3 1 1
Number of funds in category 111 114 114 114 114 112 108 88 69 62 49

As on 07-Aug-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 - Regular Plan  | Invest Online
5 star
Apr-08 4.80 4.01 8.20 1.66 16,381
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 2.48 2.38 6.06 1.79 22,875
Axis Bluechip Fund  | Invest Online
5 star
Jan-10 7.11 9.05 8.80 1.70 15,945
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 3.83 4.61 6.47 0.17 2,362
HDFC Index Fund Nifty 50 Plan  | Invest Online
4 star
Jul-02 3.44 4.41 6.28 0.30 1,746

Best & Worst Performance

Best (Period) Worst (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 5.82 20.88 0.03 0.03 0.99 0.01
S&P BSE 100 TRI 5.82 21.07 0.03 0.03 -- --
Equity: Large Cap 5.28 20.37 0.00 0.01 0.95 -0.51
Rank within category 42 43 42 42 45 42
Number of funds in category 88 88 88 88 88 88

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

As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 56
Top 10 Stocks (%) 51.74
Top 5 Stocks (%) 36.64
Top 3 Sectors (%) 59.62
Portfolio P/B Ratio 2.49
Portfolio P/E Ratio 21.49

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,56,080 1,92,152
Giant (%) 67.39 66.84
Large (%) 17.06 23.00
Mid (%) 13.50 9.85
Small (%) 2.06 3.12
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 HDFC Bank Financial 20.14 10.32 7.62 10.32
down Reliance Industries Energy 34.17 10.03 2.84 10.03
up Infosys Technology 23.78 6.59 2.57 6.59
equal ICICI Bank Financial 22.79 7.81 4.04 6.05
up Tata Consultancy Services Technology 27.59 4.02 1.17 3.65
down Larsen & Toubro Construction 15.34 4.74 3.14 3.32
equal ITC FMCG 16.68 4.44 2.33 3.10
equal Maruti Suzuki India Automobile 50.03 3.83 2.23 3.09
equal Axis Bank Financial 72.28 5.36 0.84 2.85
equal Hindustan Unilever FMCG 75.78 2.78 0.08 2.73
equal State Bank of India Financial 7.88 5.02 2.58 2.65
equal HDFC Financial 14.05 4.33 2.10 2.10
equal HDFC Life Insurance Financial 92.71 2.09 0.00 2.03
equal Kotak Mahindra Bank Financial 31.19 4.07 1.88 1.93
equal NTPC Energy 12.61 2.33 0.00 1.71
down HPCL Energy 8.11 2.50 0.96 1.68
equal Dabur India FMCG 63.56 2.08 0.64 1.65
up Max Financial Services Financial 59.65 1.65 0.00 1.65
down Havells India Engineering 61.30 2.05 1.07 1.60
down Britannia Inds. FMCG 55.80 1.64 0.00 1.50
equal Biocon Healthcare 69.32 1.87 0.00 1.46
up Bharti Airtel Communication -- 1.77 0.02 1.42
equal Tata Consumer Products FMCG 93.78 1.87 0.73 1.39
equal Eicher Motors Automobile 32.56 1.38 0.00 1.38
down Titan Company Cons Durable 64.49 1.72 0.00 1.34

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-Jun-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:


0.06%

Change from previous, NAV as on 07-Aug-2020

Growth: ₹ 50.7350

Dividend: ₹ 16.6050


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: 04-Apr-2008
Return Since Launch: 14.05%
Benchmark: NIFTY 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 16,381 Cr (As on 30-Jun-2020)
Expense: 1.66% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: High
Turnover: 23.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend16-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

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