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5 star

Mirae Asset Large Cap Fund - Regular Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.42 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.63 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 7.49 1.56 0.06 2.47 -2.04 14.96 61.08 12.42 15.58 15.74 15.17
S&P BSE 100 TRI 7.84 1.58 -0.05 2.41 -1.25 17.63 65.17 12.70 15.09 12.59 12.21
Equity: Large Cap 7.76 1.46 -0.06 2.58 -0.86 17.45 60.20 11.56 13.86 11.98 11.52
Rank within category 42 69 45 37 86 87 58 38 5 1 1
Number of funds in category 119 123 123 123 119 118 114 92 77 63 53

As on 17-May-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 61.08 12.42 15.58 1.63 23,993
Axis Bluechip Fund
5 star
Jan-10 48.30 14.16 15.65 1.82 25,183
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 64.14 12.75 14.60 0.14 3,669
HDFC Index Fund Nifty 50 Plan  | Invest Online
4 star
Jul-02 63.69 12.49 14.40 0.30 2,928
Canara Robeco Bluechip Equity Fund - Regular Plan  | Invest Online
5 star
Aug-10 55.55 15.56 16.24 1.99 2,477

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 12.98 21.29 0.40 0.47 0.97 -0.04
S&P BSE 100 TRI 13.30 21.87 0.41 0.48 -- --
Equity: Large Cap 12.19 21.24 0.37 0.45 0.95 -0.67
Rank within category 45 29 45 47 37 44
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 30-Apr-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 55
Top 10 Stocks (%) 57.24
Top 5 Stocks (%) 40.61
Top 3 Sectors (%) 61.77
Portfolio P/B Ratio 3.30
Portfolio P/E Ratio 25.39

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,30,452 2,50,644
Giant (%) 68.51 64.86
Large (%) 18.14 27.14
Mid (%) 12.70 10.61
Small (%) 0.65 2.00
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
down Infosys Technology 29.27 10.31 2.93 10.00
equal HDFC Bank Financial 24.95 11.23 8.04 9.32
up ICICI Bank Financial 23.47 8.60 4.04 8.60
up Reliance Industries Energy 26.99 11.68 4.40 8.41
equal Tata Consultancy Services Technology 35.01 4.52 2.60 4.28
equal Axis Bank Financial 30.21 5.36 1.65 4.21
equal Bharti Airtel Communication -- 4.06 0.02 3.41
down Hindustan Unilever FMCG 69.83 3.68 0.08 3.17
equal State Bank of India Financial 14.76 5.02 2.42 2.92
down Dr. Reddy's Lab Healthcare 44.75 2.95 0.00 2.92
up Maruti Suzuki India Automobile 46.27 3.20 2.23 2.55
equal Larsen & Toubro Construction 16.82 4.74 2.25 2.25
equal ITC FMCG 19.73 4.44 1.94 1.94
up Ambuja Cements Construction 22.34 1.56 0.00 1.56
up ICICI Lombard General Insurance Company Financial 45.53 1.42 0.00 1.42
equal Max Financial Services Financial 94.82 1.65 0.11 1.40
equal HDFC Financial 23.93 3.60 1.38 1.38
up Ashok Leyland Automobile -- 1.72 0.00 1.33
down Dabur India FMCG 55.69 2.08 1.29 1.30
up Muthoot Finance Financial 13.56 1.37 0.00 1.26
equal BPCL Energy 23.96 1.30 0.00 1.26
equal HDFC Life Insurance Financial 98.99 2.09 0.00 1.25
equal Voltas Cons Durable 61.95 1.47 0.76 1.19
equal NTPC Energy 14.40 2.33 0.00 1.17
down Titan Company Cons Durable 133.93 1.72 0.00 1.16

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-Apr-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:


1.56%

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

Growth: ₹ 66.3320

IDCW: ₹ 20.0230


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: 15.51%
Benchmark: NIFTY 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 23,993 Cr (As on 30-Apr-2021)
Expense: 1.63% (As on 31-Mar-2021)
Risk Grade: Below Average
Return Grade: High
Turnover: 24.00%

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

With the resurgence of COVID-19, what should investors do?

DateFriday, 07-May-2021
Time12:30 PM - 01:00 PM

Registration Over