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Fund Overview
Fund Size
₹39,337 Cr
Expense Ratio
0.55%
ISIN
INF769K01AX2
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
Mirae Asset Large Cap Fund Direct Growth is a Large-Cap mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹117.82, Assets Under Management (AUM) of 39336.60 Crores, and an expense ratio of 0.55%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹117.82, Assets Under Management (AUM) of 39336.60 Crores, and an expense ratio of 0.55%.
- Mirae Asset Large Cap Fund Direct Growth has given a CAGR return of 16.69% since inception.
- The fund's asset allocation comprises around 99.63% in equities, 0.00% in debts, and 0.37% in cash & cash equivalents.
- You can start investing in Mirae Asset Large Cap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+20.63%
+25.34% (Cat Avg.)
3 Years
+10.55%
+12.29% (Cat Avg.)
5 Years
+15.70%
+16.33% (Cat Avg.)
10 Years
+14.07%
+12.12% (Cat Avg.)
Since Inception
+16.69%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹39,190.39 Cr | 99.63% |
| Others | ₹146.21 Cr | 0.37% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹3,846 Cr | 9.78% |
| ICICI Bank Ltd | Equity | ₹2,883.84 Cr | 7.33% |
| Infosys Ltd | Equity | ₹2,315 Cr | 5.89% |
| Axis Bank Ltd | Equity | ₹1,732.34 Cr | 4.40% |
| Larsen & Toubro Ltd | Equity | ₹1,610.3 Cr | 4.09% |
| Reliance Industries Ltd | Equity | ₹1,592.11 Cr | 4.05% |
| Bharti Airtel Ltd | Equity | ₹1,474.49 Cr | 3.75% |
| Tata Consultancy Services Ltd | Equity | ₹1,377.57 Cr | 3.50% |
| State Bank of India | Equity | ₹1,162.51 Cr | 2.96% |
| Kotak Mahindra Bank Ltd | Equity | ₹1,130.8 Cr | 2.87% |
| ITC Ltd | Equity | ₹965.58 Cr | 2.45% |
| Maruti Suzuki India Ltd | Equity | ₹697.4 Cr | 1.77% |
| Ambuja Cements Ltd | Equity | ₹658.41 Cr | 1.67% |
| Asian Paints Ltd | Equity | ₹651.18 Cr | 1.66% |
| Zomato Ltd | Equity | ₹588.39 Cr | 1.50% |
| Mahindra & Mahindra Ltd | Equity | ₹584.36 Cr | 1.49% |
| NTPC Ltd | Equity | ₹568.02 Cr | 1.44% |
| JSW Energy Ltd | Equity | ₹554.58 Cr | 1.41% |
| Vedanta Ltd | Equity | ₹546.31 Cr | 1.39% |
| Bajaj Finance Ltd | Equity | ₹515.95 Cr | 1.31% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹495.21 Cr | 1.26% |
| One97 Communications Ltd | Equity | ₹495.11 Cr | 1.26% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹489.28 Cr | 1.24% |
| SBI Life Insurance Co Ltd | Equity | ₹486.55 Cr | 1.24% |
| IndusInd Bank Ltd | Equity | ₹461.96 Cr | 1.17% |
| FSN E-Commerce Ventures Ltd | Equity | ₹447.41 Cr | 1.14% |
| Jindal Steel & Power Ltd | Equity | ₹432.05 Cr | 1.10% |
| Shriram Finance Ltd | Equity | ₹425.86 Cr | 1.08% |
| Titan Co Ltd | Equity | ₹381.74 Cr | 0.97% |
| Hindustan Unilever Ltd | Equity | ₹371.2 Cr | 0.94% |
| Sona BLW Precision Forgings Ltd | Equity | ₹354.88 Cr | 0.90% |
| HCL Technologies Ltd | Equity | ₹354.53 Cr | 0.90% |
| Gland Pharma Ltd | Equity | ₹354.26 Cr | 0.90% |
| Avenue Supermarts Ltd | Equity | ₹347.35 Cr | 0.88% |
| Tata Steel Ltd | Equity | ₹336.79 Cr | 0.86% |
| SRF Ltd | Equity | ₹323.66 Cr | 0.82% |
| Wipro Ltd | Equity | ₹321.54 Cr | 0.82% |
| Kajaria Ceramics Ltd | Equity | ₹318.37 Cr | 0.81% |
| GAIL (India) Ltd | Equity | ₹308.76 Cr | 0.78% |
| Indian Energy Exchange Ltd | Equity | ₹307.53 Cr | 0.78% |
| Aurobindo Pharma Ltd | Equity | ₹305.44 Cr | 0.78% |
| InterGlobe Aviation Ltd | Equity | ₹295.18 Cr | 0.75% |
| EPL Ltd Ordinary Shares | Equity | ₹285.16 Cr | 0.72% |
| Power Finance Corp Ltd | Equity | ₹272.96 Cr | 0.69% |
| LTIMindtree Ltd | Equity | ₹267.26 Cr | 0.68% |
| Macrotech Developers Ltd | Equity | ₹263.73 Cr | 0.67% |
| Max Financial Services Ltd | Equity | ₹258.02 Cr | 0.66% |
| Bharat Electronics Ltd | Equity | ₹252.67 Cr | 0.64% |
| Timken India Ltd | Equity | ₹252.03 Cr | 0.64% |
| UPL Ltd | Equity | ₹249.2 Cr | 0.63% |
| Tata Motors Ltd | Equity | ₹248.92 Cr | 0.63% |
| L&T Finance Ltd | Equity | ₹244.75 Cr | 0.62% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹239.44 Cr | 0.61% |
| Oil & Natural Gas Corp Ltd | Equity | ₹229.54 Cr | 0.58% |
| NMDC Ltd | Equity | ₹205.01 Cr | 0.52% |
| Go Digit General Insurance Ltd | Equity | ₹192.65 Cr | 0.49% |
| Vinati Organics Ltd | Equity | ₹178.65 Cr | 0.45% |
| Titagarh Rail Systems Ltd | Equity | ₹167.09 Cr | 0.42% |
| Pidilite Industries Ltd | Equity | ₹163.29 Cr | 0.42% |
| Varun Beverages Ltd | Equity | ₹160.8 Cr | 0.41% |
| Chemplast Sanmar Ltd | Equity | ₹153.65 Cr | 0.39% |
| Treps | Cash - Repurchase Agreement | ₹150.56 Cr | 0.38% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹133.37 Cr | 0.34% |
| General Insurance Corp of India | Equity | ₹132.78 Cr | 0.34% |
| R R Kabel Ltd | Equity | ₹124.45 Cr | 0.32% |
| Hyundai Motor India Ltd | Equity | ₹117.11 Cr | 0.30% |
| Biocon Ltd | Equity | ₹106.55 Cr | 0.27% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹97.4 Cr | 0.25% |
| Gujarat State Petronet Ltd | Equity | ₹96.7 Cr | 0.25% |
| Sobha Ltd | Equity | ₹92.09 Cr | 0.23% |
| Kalpataru Projects International Ltd | Equity | ₹69.73 Cr | 0.18% |
| Waaree Energies Ltd | Equity | ₹60.67 Cr | 0.15% |
| Net Receivables / (Payables) | Cash | ₹-5.78 Cr | 0.01% |
| UltraTech Cement Ltd | Equity | ₹3.98 Cr | 0.01% |
| Mirae Asset Liquid Dir Gr | Mutual Fund - Open End | ₹1.43 Cr | 0.00% |
| Balkrishna Industries Ltd | Equity | ₹0.63 Cr | 0.00% |
| Cipla Ltd | Equity | ₹0.22 Cr | 0.00% |
| Eicher Motors Ltd | Equity | ₹0.05 Cr | 0.00% |
| Havells India Ltd | Equity | ₹0.04 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
83.45%
Mid Cap Stocks
9.67%
Small Cap Stocks
6.06%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹14,187.88 Cr | 36.07% |
| Technology | ₹5,191.7 Cr | 13.20% |
| Consumer Cyclical | ₹4,042.88 Cr | 10.28% |
| Basic Materials | ₹3,902.16 Cr | 9.92% |
| Industrials | ₹3,089.86 Cr | 7.85% |
| Consumer Defensive | ₹1,844.93 Cr | 4.69% |
| Energy | ₹1,821.65 Cr | 4.63% |
| Healthcare | ₹1,750.96 Cr | 4.45% |
| Utilities | ₹1,528.07 Cr | 3.88% |
| Communication Services | ₹1,474.49 Cr | 3.75% |
| Real Estate | ₹355.83 Cr | 0.90% |
Risk & Performance Ratios
Standard Deviation
This fund
12.19%
Cat. avg.
13.54%
Lower the better
Sharpe Ratio
This fund
0.49
Cat. avg.
0.57
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.95
Higher the better
Fund Managers
GM
Gaurav Misra
Since January 2019
Additional Scheme Detailsas of 31st October 2024
ISIN INF769K01AX2 | Expense Ratio 0.55% | Exit Load 1.00% | Fund Size ₹39,337 Cr | Age 11 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 100 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Large-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| DSP Nifty 50 ETF Very High Risk | 0.1% | - | ₹370.84 Cr | 19.3% |
| Quant Large Cap Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2499.65 Cr | 26.9% |
| Quant Large Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹2499.65 Cr | 28.8% |
| Invesco India largecap Fund Regular Growth Very High Risk | 2.1% | 0.0% | ₹1255.06 Cr | 30.1% |
| UTI S&P BSE Sensex Next 50 Exchange Traded Fund Very High Risk | 0.2% | - | ₹22.99 Cr | 35.6% |
| Aditya BSL Nifty Next 50 ETF Very High Risk | 0.2% | - | ₹60.95 Cr | 43.6% |
| Aditya Birla Sun Life Nifty 50 ETF Very High Risk | 0.1% | - | ₹2760.77 Cr | 19.3% |
| DSP Nifty 50 Equal Weight ETF Very High Risk | 0.3% | - | ₹209.63 Cr | 21.1% |
| Edelweiss Large Cap Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1081.39 Cr | 22.9% |
| Kotak Nifty 50 ETF Very High Risk | 0.0% | - | ₹2501.96 Cr | 19.3% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,99,057 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Mirae Asset Large Cap Fund Direct Growth?
The NAV of Mirae Asset Large Cap Fund Direct Growth, as of 21-Nov-2024, is ₹117.82.
What are the returns of Mirae Asset Large Cap Fund Direct Growth?
The fund has generated 20.63% over the last 1 year and 10.55% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Mirae Asset Large Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 99.63% in equities, 0.00% in bonds, and 0.37% in cash and cash equivalents.
Who manages the Mirae Asset Large Cap Fund Direct Growth?
The fund managers responsible for Mirae Asset Large Cap Fund Direct Growth are:-
- Gaurav Misra
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.