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Mirae Asset Large Cap Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.52 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.23 Lakh

Analyst's Choice?

Suitability:

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 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 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 0.67 -0.97 -0.53 0.35 5.86 8.13 13.84 14.86 10.98 16.10 14.14
S&P BSE 100 TRI 0.80 -0.98 -0.63 0.12 4.90 7.45 11.68 14.19 8.48 12.02 10.12
Equity: Large Cap 0.86 -0.93 -0.53 0.19 4.17 7.58 11.64 13.35 7.77 11.61 9.82
Rank within category 52 50 42 40 8 41 30 28 1 1 1
Number of funds in category 111 111 111 109 108 107 101 84 64 58 43

As on 20-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 34.70 (29-Apr-2009 - 29-May-2009) -34.84 (24-Sep-2008 - 24-Oct-2008)
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) -31.13 (22-Apr-2008 - 22-Apr-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.46 12.11 0.80 1.22 0.94 -0.50
S&P BSE 100 TRI 14.72 12.42 1.12 -- -- --
Equity: Large Cap 13.91 12.54 0.66 1.01 0.95 -2.21
Rank within category 19 17 15 18 22 17
Number of funds in category 84 84 84 84 84 84

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

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 50.62
Top 5 Stocks (%) 32.09
Top 3 Sectors (%) 59.71
Portfolio P/B Ratio 3.15
Portfolio P/E Ratio 24.10

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,56,123 2,10,763
Giant (%) 65.66 67.57
Large (%) 17.17 23.62
Mid (%) 15.63 9.66
Small (%) 1.53 1.84
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 26.16 9.36 6.86 9.12
equal ICICI Bank Financial 67.36 7.25 4.04 7.25
equal Reliance Industries Energy 22.39 6.67 2.23 5.86
equal Infosys Technology 20.02 5.44 2.52 5.04
equal State Bank of India Financial 27.69 5.02 2.93 4.80
up Larsen & Toubro Construction 19.43 4.52 3.14 4.52
equal Axis Bank Financial 46.11 5.36 0.84 4.32
equal ITC FMCG 21.41 4.44 2.33 3.68
equal Tata Consultancy Services Technology 25.12 4.02 1.17 3.24
equal HDFC Financial 34.97 4.33 2.23 2.78
up Maruti Suzuki India Automobile 37.00 3.88 2.23 2.52
equal Indusind Bank Financial 20.50 4.18 1.73 2.40
equal Kotak Mahindra Bank Financial 35.43 4.07 2.33 2.38
up HDFC Life Insurance Financial 89.92 2.01 0.00 2.01
up HPCL Energy 7.46 2.50 0.80 1.94
up Dabur India FMCG 57.14 2.08 0.64 1.87
equal NTPC Energy 9.97 2.33 0.00 1.84
down Divi's Laboratories Healthcare 39.01 2.02 0.00 1.69
up Voltas Cons Durable 47.11 1.56 0.76 1.39
equal Max Financial Services Financial 79.74 1.28 0.00 1.28
equal Torrent Pharmaceuticals Healthcare 61.95 1.39 0.23 1.17
equal Coal India Energy 6.62 1.44 0.00 1.17
up Hindustan Unilever FMCG 67.81 1.74 0.01 1.09
equal Havells India Engineering 51.64 2.05 0.00 1.07
up Kajaria Ceramics Construction 32.17 1.06 0.00 1.06

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-Dec-2019

Fund Manager

— 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:


-0.97%

Change from previous, NAV as on 20-Jan-2020

Growth: ₹ 54.6350

Dividend: ₹ 17.8810


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: 15.47%
Benchmark: NIFTY 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 16,873 Cr (As on 31-Dec-2019)
Expense: 1.72% (As on 31-Dec-2019)
Risk Grade: Low
Return Grade: High
Turnover: --

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 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]

Website: www.miraeassetmf.co.in

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

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM