Earlier known as Mirae Asset India Equity Fund, this fund has been reclassified and renamed as a large-cap fund from May 2019. Though the earlier mandate was that of a multi-cap fund, it was in effect managed with a large-cap heavy portfolio, with a very limited allocation to mid- and small-cap stocks. There has thus been not much change in its portfolio positioning or market-cap orientation after this name change. Large-cap companies generally have stable businesses and their stocks
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