Fund Overview
Fund Size
₹42,179 Cr
Expense Ratio
0.53%
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, 9 months and 30 days, having been launched on 01-Jan-13.
As of 30-Oct-24, it has a Net Asset Value (NAV) of ₹121.62, Assets Under Management (AUM) of 42179.27 Crores, and an expense ratio of 0.53%.
As of 30-Oct-24, it has a Net Asset Value (NAV) of ₹121.62, Assets Under Management (AUM) of 42179.27 Crores, and an expense ratio of 0.53%.
- Mirae Asset Large Cap Fund Direct Growth has given a CAGR return of 17.09% since inception.
- The fund's asset allocation comprises around 99.27% in equities, 0.00% in debts, and 0.73% 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
+28.88%
+35.44% (Cat Avg.)
3 Years
+11.98%
+13.99% (Cat Avg.)
5 Years
+16.73%
+17.38% (Cat Avg.)
10 Years
+14.93%
+12.99% (Cat Avg.)
Since Inception
+17.09%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2024
| Equity | ₹41,870.43 Cr | 99.27% |
| Others | ₹308.83 Cr | 0.73% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹3,889.4 Cr | 9.22% |
| ICICI Bank Ltd | Equity | ₹3,042.27 Cr | 7.21% |
| Infosys Ltd | Equity | ₹2,620.9 Cr | 6.21% |
| Reliance Industries Ltd | Equity | ₹1,940.68 Cr | 4.60% |
| Axis Bank Ltd | Equity | ₹1,859.36 Cr | 4.41% |
| Bharti Airtel Ltd | Equity | ₹1,682.3 Cr | 3.99% |
| Larsen & Toubro Ltd | Equity | ₹1,633.98 Cr | 3.87% |
| Tata Consultancy Services Ltd | Equity | ₹1,358.59 Cr | 3.22% |
| ITC Ltd | Equity | ₹1,305.74 Cr | 3.10% |
| State Bank of India | Equity | ₹1,250.11 Cr | 2.96% |
| Kotak Mahindra Bank Ltd | Equity | ₹1,190.21 Cr | 2.82% |
| Maruti Suzuki India Ltd | Equity | ₹988.54 Cr | 2.34% |
| Vedanta Ltd | Equity | ₹743.39 Cr | 1.76% |
| Ambuja Cements Ltd | Equity | ₹659.57 Cr | 1.56% |
| NTPC Ltd | Equity | ₹649.62 Cr | 1.54% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹613.54 Cr | 1.45% |
| Asian Paints Ltd | Equity | ₹604.58 Cr | 1.43% |
| Mahindra & Mahindra Ltd | Equity | ₹599.58 Cr | 1.42% |
| Shriram Finance Ltd | Equity | ₹592.6 Cr | 1.40% |
| Bajaj Finance Ltd | Equity | ₹576.85 Cr | 1.37% |
| HCL Technologies Ltd | Equity | ₹564.7 Cr | 1.34% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹559.66 Cr | 1.33% |
| One97 Communications Ltd | Equity | ₹535.87 Cr | 1.27% |
| IndusInd Bank Ltd | Equity | ₹525.78 Cr | 1.25% |
| Hindustan Unilever Ltd | Equity | ₹515.97 Cr | 1.22% |
| SBI Life Insurance Co Ltd | Equity | ₹484.12 Cr | 1.15% |
| FSN E-Commerce Ventures Ltd | Equity | ₹481.74 Cr | 1.14% |
| Jindal Steel & Power Ltd | Equity | ₹434.26 Cr | 1.03% |
| Tata Steel Ltd | Equity | ₹413.91 Cr | 0.98% |
| Avenue Supermarts Ltd | Equity | ₹405.84 Cr | 0.96% |
| Titan Co Ltd | Equity | ₹393.37 Cr | 0.93% |
| Kajaria Ceramics Ltd | Equity | ₹388.7 Cr | 0.92% |
| Gland Pharma Ltd | Equity | ₹385.33 Cr | 0.91% |
| Sona BLW Precision Forgings Ltd | Equity | ₹384.74 Cr | 0.91% |
| Treps | Cash - Repurchase Agreement | ₹370.29 Cr | 0.88% |
| Wipro Ltd | Equity | ₹367.68 Cr | 0.87% |
| Indian Energy Exchange Ltd | Equity | ₹364.19 Cr | 0.86% |
| InterGlobe Aviation Ltd | Equity | ₹348.71 Cr | 0.83% |
| SRF Ltd | Equity | ₹339.51 Cr | 0.80% |
| Zomato Ltd | Equity | ₹311.93 Cr | 0.74% |
| L&T Finance Ltd | Equity | ₹311.51 Cr | 0.74% |
| Max Financial Services Ltd | Equity | ₹307.7 Cr | 0.73% |
| JSW Energy Ltd | Equity | ₹302.04 Cr | 0.72% |
| LTIMindtree Ltd | Equity | ₹299.48 Cr | 0.71% |
| Oil & Natural Gas Corp Ltd | Equity | ₹298.13 Cr | 0.71% |
| Power Finance Corp Ltd | Equity | ₹292.82 Cr | 0.69% |
| Tata Motors Ltd | Equity | ₹290.88 Cr | 0.69% |
| EPL Ltd Ordinary Shares | Equity | ₹289.68 Cr | 0.69% |
| Timken India Ltd | Equity | ₹279.72 Cr | 0.66% |
| UPL Ltd | Equity | ₹275.98 Cr | 0.65% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹254.9 Cr | 0.60% |
| Aurobindo Pharma Ltd | Equity | ₹234.83 Cr | 0.56% |
| Bharat Electronics Ltd | Equity | ₹229.57 Cr | 0.54% |
| Vinati Organics Ltd | Equity | ₹188.86 Cr | 0.45% |
| R R Kabel Ltd | Equity | ₹180.64 Cr | 0.43% |
| Macrotech Developers Ltd | Equity | ₹179.27 Cr | 0.43% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹178.11 Cr | 0.42% |
| Chemplast Sanmar Ltd | Equity | ₹177.8 Cr | 0.42% |
| Pidilite Industries Ltd | Equity | ₹174.37 Cr | 0.41% |
| Go Digit General Insurance Ltd | Equity | ₹145.55 Cr | 0.35% |
| General Insurance Corp of India | Equity | ₹142.28 Cr | 0.34% |
| Nuvoco Vista Corp Ltd | Equity | ₹132.84 Cr | 0.31% |
| Biocon Ltd | Equity | ₹122.39 Cr | 0.29% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹119.09 Cr | 0.28% |
| Sobha Ltd | Equity | ₹112.5 Cr | 0.27% |
| Kalyan Jewellers India Ltd | Equity | ₹101.1 Cr | 0.24% |
| GAIL (India) Ltd | Equity | ₹84.1 Cr | 0.20% |
| Cipla Ltd | Equity | ₹64.74 Cr | 0.15% |
| Kalpataru Projects International Ltd | Equity | ₹63.89 Cr | 0.15% |
| Net Receivables / (Payables) | Cash | ₹-62.88 Cr | 0.15% |
| Gujarat State Petronet Ltd | Equity | ₹22.81 Cr | 0.05% |
| UltraTech Cement Ltd | Equity | ₹4.24 Cr | 0.01% |
| Mirae Asset Liquid Dir Gr | Mutual Fund - Open End | ₹1.42 Cr | 0.00% |
| Balkrishna Industries Ltd | Equity | ₹0.68 Cr | 0.00% |
| Eicher Motors Ltd | Equity | ₹0.05 Cr | 0.00% |
| Havells India Ltd | Equity | ₹0.04 Cr | 0.00% |
| Samvardhana Motherson International Ltd | Equity | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
83.80%
Mid Cap Stocks
9.36%
Small Cap Stocks
6.11%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹15,152.87 Cr | 35.92% |
| Technology | ₹5,747.22 Cr | 13.63% |
| Consumer Cyclical | ₹4,216.28 Cr | 10.00% |
| Basic Materials | ₹4,149.32 Cr | 9.84% |
| Industrials | ₹3,125.26 Cr | 7.41% |
| Energy | ₹2,238.8 Cr | 5.31% |
| Consumer Defensive | ₹2,227.55 Cr | 5.28% |
| Healthcare | ₹1,980.49 Cr | 4.70% |
| Communication Services | ₹1,682.3 Cr | 3.99% |
| Utilities | ₹1,058.58 Cr | 2.51% |
| Real Estate | ₹291.77 Cr | 0.69% |
Risk & Performance Ratios
Standard Deviation
This fund
11.41%
Cat. avg.
12.78%
Lower the better
Sharpe Ratio
This fund
0.74
Cat. avg.
0.80
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.44
Higher the better
Fund Managers
GM
Gaurav Misra
Since January 2019
Additional Scheme Detailsas of 30th September 2024
ISIN INF769K01AX2 | Expense Ratio 0.53% | Exit Load 1.00% | Fund Size ₹42,179 Cr | Age 11 years 9 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% | - | ₹389.69 Cr | 28.5% |
| Quant Large Cap Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2415.88 Cr | 41.6% |
| Quant Large Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹2415.88 Cr | 43.7% |
| Invesco India largecap Fund Regular Growth Very High Risk | 2.1% | 0.0% | ₹1289.72 Cr | 39.0% |
| UTI S&P BSE Sensex Next 50 Exchange Traded Fund Very High Risk | 0.2% | - | ₹23.68 Cr | 49.9% |
| Aditya BSL Nifty Next 50 ETF Very High Risk | 0.2% | - | ₹61.60 Cr | 60.9% |
| Aditya Birla Sun Life Nifty 50 ETF Very High Risk | 0.1% | - | ₹2814.87 Cr | 28.5% |
| DSP Nifty 50 Equal Weight ETF Very High Risk | 0.3% | - | ₹220.21 Cr | 34.6% |
| Edelweiss Large Cap Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1122.58 Cr | 32.7% |
| Kotak Nifty 50 ETF Very High Risk | 0.0% | - | ₹2586.51 Cr | 28.6% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,97,338 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 30-Oct-2024, is ₹121.62.
What are the returns of Mirae Asset Large Cap Fund Direct Growth?
The fund has generated 28.88% over the last 1 year and 11.98% 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 99.27% in equities, 0.00% in bonds, and 0.73% 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.