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5 star

Mirae Asset Large Cap Fund - Regular Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.30 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.71 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.

Read more

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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 4.21 -1.08 0.94 6.82 22.56 35.00 16.81 9.22 16.24 17.76 14.81
S&P BSE 100 TRI 3.50 -1.14 0.28 6.51 24.78 37.04 18.96 10.49 15.59 14.23 11.38
Equity: Large Cap 3.55 -1.20 0.16 6.36 24.48 34.89 17.57 9.64 14.38 13.60 10.74
Rank within category 19 17 13 21 100 74 83 60 10 1 1
Number of funds in category 118 118 118 117 116 114 111 92 76 63 53

As on 15-Jan-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 16.81 9.22 16.24 1.63 22,093
Axis Bluechip Fund
5 star
Jan-10 19.45 14.86 16.61 1.78 22,517
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 17.56 11.34 15.18 0.14 3,173
HDFC Index Fund Nifty 50 Plan  | Invest Online
4 star
Jul-02 17.17 11.14 14.97 0.30 2,355
HDFC Index Fund - Sensex Plan  | Invest Online
5 star
Jul-02 17.58 12.73 15.79 0.30 1,747

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 10.52 21.71 0.26 0.31 0.97 -1.35
S&P BSE 100 TRI 12.06 22.17 0.33 0.39 -- --
Equity: Large Cap 11.02 21.52 0.29 0.35 0.95 -0.69
Rank within category 61 35 62 62 38 62
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-Dec-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Stocks (%) 57.01
Top 5 Stocks (%) 40.05
Top 3 Sectors (%) 60.88
Portfolio P/B Ratio 3.33
Portfolio P/E Ratio 27.34

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,23,529 2,50,533
Giant (%) 69.30 66.05
Large (%) 16.74 24.89
Mid (%) 13.01 9.79
Small (%) 0.94 2.73
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 27.31 11.23 8.04 10.54
equal Infosys Technology 30.81 8.97 2.93 8.97
equal Reliance Industries Energy 32.12 11.68 3.14 8.72
equal ICICI Bank Financial 26.92 7.94 4.04 7.94
equal Axis Bank Financial 58.21 5.36 0.95 3.89
equal Tata Consultancy Services Technology 38.85 4.13 1.25 3.82
equal Bharti Airtel Communication -- 3.82 0.02 3.82
equal Hindustan Unilever FMCG 78.84 3.68 0.08 3.56
equal State Bank of India Financial 11.56 5.02 2.42 3.02
equal Dr. Reddy's Lab Healthcare 53.82 2.74 0.00 2.74
down Maruti Suzuki India Automobile 59.65 3.20 2.23 2.74
down Larsen & Toubro Construction 16.73 4.74 2.35 2.35
down ITC FMCG 19.56 4.44 2.27 2.28
equal HDFC Life Insurance Financial 106.20 2.09 0.00 1.77
equal HDFC Financial 29.31 4.33 1.39 1.59
equal Divi's Laboratories Healthcare 54.98 2.02 0.00 1.54
equal Titan Company Cons Durable 185.93 1.72 0.00 1.53
down Max Financial Services Financial 95.16 1.65 0.00 1.48
equal Dabur India FMCG 63.62 2.08 0.64 1.40
equal HPCL Energy 5.49 2.11 0.96 1.25
down Tata Consumer Products FMCG 88.30 1.63 0.79 1.25
down NTPC Energy 15.57 2.33 0.00 1.24
equal Britannia Inds. FMCG 48.54 1.64 0.00 1.23
equal Voltas Cons Durable 72.53 1.47 0.76 1.19
down BPCL Energy 21.27 1.30 0.00 1.17

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-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:


-1.08%

Change from previous, NAV as on 15-Jan-2021

Growth: ₹ 64.3060

Dividend: ₹ 21.0460


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: 15.66%
Benchmark: NIFTY 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 22,093 Cr (As on 31-Dec-2020)
Expense: 1.63% (As on 31-Dec-2020)
Risk Grade: Below Average
Return Grade: High
Turnover: 25.00%

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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