Performance Update

A rare blip

Mirae Asset Large Cap Fund experiences a rare year of underperformance, but there is no need for a knee-jerk reaction

Mirae Asset Large Cap Fund experiences a rare year of underperformance, but there is no need for a knee-jerk reaction

Track record The fund has outperformed its stated benchmark in six of the last eight calendar years. It contained the downside better vis-à-vis the benchmark and category during the bear phases of 2011 and 2015, while making the most of the bull phases of 2009 and 2014. While it did marginally underperform in 2020, the fund recovered well in the subsequent year. An aberration This year has been a deviation from the fund's successful history. Despite this

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