Fund Overview
Fund Size
₹41,352 Cr
Expense Ratio
1.51%
ISIN
INF769K01010
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
04 Apr 2008
About this fund
Mirae Asset Large Cap Fund Regular Growth is a Large-Cap mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 16 years, 5 months and 3 days, having been launched on 04-Apr-08.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹113.02, Assets Under Management (AUM) of 41352.17 Crores, and an expense ratio of 1.51%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹113.02, Assets Under Management (AUM) of 41352.17 Crores, and an expense ratio of 1.51%.
- Mirae Asset Large Cap Fund Regular Growth has given a CAGR return of 15.91% since inception.
- The fund's asset allocation comprises around 99.54% in equities, 0.00% in debts, and 0.46% in cash & cash equivalents.
- You can start investing in Mirae Asset Large Cap Fund Regular 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
+28.58%
+37.00% (Cat Avg.)
3 Years
+12.94%
+16.10% (Cat Avg.)
5 Years
+18.40%
+20.22% (Cat Avg.)
10 Years
+14.56%
+13.44% (Cat Avg.)
Since Inception
+15.91%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹41,162.37 Cr | 99.54% |
| Others | ₹189.8 Cr | 0.46% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹3,701.68 Cr | 8.95% |
| ICICI Bank Ltd | Equity | ₹3,033.06 Cr | 7.33% |
| Infosys Ltd | Equity | ₹2,967.77 Cr | 7.18% |
| Reliance Industries Ltd | Equity | ₹2,518.4 Cr | 6.09% |
| Axis Bank Ltd | Equity | ₹1,709.75 Cr | 4.13% |
| Larsen & Toubro Ltd | Equity | ₹1,545.93 Cr | 3.74% |
| Bharti Airtel Ltd | Equity | ₹1,486.47 Cr | 3.59% |
| State Bank of India | Equity | ₹1,431.86 Cr | 3.46% |
| ITC Ltd | Equity | ₹1,364.2 Cr | 3.30% |
| Kotak Mahindra Bank Ltd | Equity | ₹1,326.91 Cr | 3.21% |
| Maruti Suzuki India Ltd | Equity | ₹1,006.91 Cr | 2.43% |
| Tata Consultancy Services Ltd | Equity | ₹996.79 Cr | 2.41% |
| Hindustan Unilever Ltd | Equity | ₹918.49 Cr | 2.22% |
| Shriram Finance Ltd | Equity | ₹689.96 Cr | 1.67% |
| HCL Technologies Ltd | Equity | ₹681.03 Cr | 1.65% |
| NTPC Ltd | Equity | ₹640.16 Cr | 1.55% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹600.65 Cr | 1.45% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹590.15 Cr | 1.43% |
| FSN E-Commerce Ventures Ltd | Equity | ₹579.84 Cr | 1.40% |
| Vedanta Ltd | Equity | ₹573.89 Cr | 1.39% |
| Ambuja Cements Ltd | Equity | ₹557.74 Cr | 1.35% |
| Bajaj Finance Ltd | Equity | ₹509.75 Cr | 1.23% |
| Gland Pharma Ltd | Equity | ₹447.2 Cr | 1.08% |
| One97 Communications Ltd | Equity | ₹427.44 Cr | 1.03% |
| SBI Life Insurance Company Limited | Equity | ₹420.54 Cr | 1.02% |
| Avenue Supermarts Ltd | Equity | ₹413.58 Cr | 1.00% |
| Wipro Ltd | Equity | ₹413.48 Cr | 1.00% |
| Asian Paints Ltd | Equity | ₹408.28 Cr | 0.99% |
| Oil & Natural Gas Corp Ltd | Equity | ₹393.23 Cr | 0.95% |
| Kajaria Ceramics Ltd | Equity | ₹392.92 Cr | 0.95% |
| Indian Energy Exchange Ltd | Equity | ₹364.38 Cr | 0.88% |
| Sona BLW Precision Forgings Ltd | Equity | ₹360.63 Cr | 0.87% |
| SRF Ltd | Equity | ₹353.43 Cr | 0.85% |
| Titan Co Ltd | Equity | ₹346.69 Cr | 0.84% |
| Max Financial Services Ltd | Equity | ₹329.98 Cr | 0.80% |
| InterGlobe Aviation Ltd | Equity | ₹325.75 Cr | 0.79% |
| Timken India Ltd | Equity | ₹317.41 Cr | 0.77% |
| Aurobindo Pharma Ltd | Equity | ₹314.5 Cr | 0.76% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹313.18 Cr | 0.76% |
| Tata Steel Ltd | Equity | ₹293.22 Cr | 0.71% |
| Power Finance Corp Ltd | Equity | ₹291.84 Cr | 0.71% |
| Tata Motors Ltd | Equity | ₹274.87 Cr | 0.66% |
| Biocon Ltd | Equity | ₹271.57 Cr | 0.66% |
| EPL Ltd Ordinary Shares | Equity | ₹258.73 Cr | 0.63% |
| UPL Ltd | Equity | ₹257.48 Cr | 0.62% |
| Dabur India Ltd | Equity | ₹257.25 Cr | 0.62% |
| Zomato Ltd | Equity | ₹256.35 Cr | 0.62% |
| Jubilant Foodworks Ltd | Equity | ₹238.92 Cr | 0.58% |
| L&T Finance Ltd | Equity | ₹235.31 Cr | 0.57% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹232.91 Cr | 0.56% |
| Jindal Steel & Power Ltd | Equity | ₹230.92 Cr | 0.56% |
| LTIMindtree Ltd | Equity | ₹230.45 Cr | 0.56% |
| Vinati Organics Ltd | Equity | ₹200.77 Cr | 0.49% |
| Pidilite Industries Ltd | Equity | ₹196.8 Cr | 0.48% |
| Chemplast Sanmar Ltd | Equity | ₹196.1 Cr | 0.47% |
| Macrotech Developers Ltd | Equity | ₹175.82 Cr | 0.43% |
| Kalyan Jewellers India Ltd | Equity | ₹174.39 Cr | 0.42% |
| Treps | Cash - Repurchase Agreement | ₹158.92 Cr | 0.38% |
| R R Kabel Ltd | Equity | ₹156.27 Cr | 0.38% |
| Nuvoco Vista Corp Ltd | Equity | ₹148.83 Cr | 0.36% |
| Bharat Electronics Ltd | Equity | ₹134.57 Cr | 0.33% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹126.51 Cr | 0.31% |
| Sobha Ltd | Equity | ₹104.37 Cr | 0.25% |
| UltraTech Cement Ltd | Equity | ₹104.23 Cr | 0.25% |
| PI Industries Ltd | Equity | ₹95.59 Cr | 0.23% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹94.59 Cr | 0.23% |
| Cipla Ltd | Equity | ₹81.07 Cr | 0.20% |
| Kalpataru Projects International Ltd | Equity | ₹64.06 Cr | 0.15% |
| Net Receivables / (Payables) | Cash | ₹29.47 Cr | 0.07% |
| Havells India Ltd | Equity | ₹3.78 Cr | 0.01% |
| Mirae Asset Liquid Dir Gr | Mutual Fund - Open End | ₹1.4 Cr | 0.00% |
| Balkrishna Industries Ltd | Equity | ₹0.74 Cr | 0.00% |
| Eicher Motors Ltd | Equity | ₹0.05 Cr | 0.00% |
| Samvardhana Motherson International Ltd | Equity | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
83.89%
Mid Cap Stocks
10.33%
Small Cap Stocks
5.32%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹14,277.92 Cr | 34.53% |
| Technology | ₹5,716.95 Cr | 13.82% |
| Consumer Cyclical | ₹3,811.3 Cr | 9.22% |
| Basic Materials | ₹3,617.28 Cr | 8.75% |
| Consumer Defensive | ₹2,953.53 Cr | 7.14% |
| Industrials | ₹2,940.71 Cr | 7.11% |
| Energy | ₹2,911.64 Cr | 7.04% |
| Healthcare | ₹2,399.72 Cr | 5.80% |
| Communication Services | ₹1,612.98 Cr | 3.90% |
| Utilities | ₹640.16 Cr | 1.55% |
| Real Estate | ₹280.2 Cr | 0.68% |
Risk & Performance Ratios
Standard Deviation
This fund
11.43%
Cat. avg.
12.79%
Lower the better
Sharpe Ratio
This fund
0.66
Cat. avg.
0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.48
Higher the better
Fund Managers
GM
Gaurav Misra
Since January 2019
Additional Scheme Detailsas of 31st July 2024
ISIN | INF769K01010 | Expense Ratio | 1.51% | Exit Load | 1.00% | Fund Size | ₹41,352 Cr | Age | 04 Apr 2008 | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | - | ₹424.78 Cr | 29.9% |
| Quant Large Cap Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹1894.62 Cr | 43.6% |
| Quant Large Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹1894.62 Cr | 45.9% |
| Invesco India largecap Fund Regular Growth Very High Risk | 2.1% | 0.0% | ₹1203.35 Cr | 38.1% |
| UTI S&P BSE Sensex Next 50 Exchange Traded Fund Very High Risk | 0.2% | - | ₹20.14 Cr | 54.1% |
| Aditya BSL Nifty Next 50 ETF Very High Risk | 0.2% | - | ₹55.86 Cr | 67.7% |
| Aditya Birla Sun Life Nifty 50 ETF Very High Risk | 0.1% | - | ₹2667.15 Cr | 29.9% |
| DSP Nifty 50 Equal Weight ETF Very High Risk | 0.3% | - | ₹239.23 Cr | 40.1% |
| Edelweiss Large Cap Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1043.39 Cr | 35.9% |
| Kotak Nifty 50 ETF Very High Risk | 0.0% | - | ₹2558.95 Cr | 28.2% |
About the AMC
Total AUM
₹1,93,693 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 Regular Growth?
The NAV of Mirae Asset Large Cap Fund Regular Growth, as of 05-Sep-2024, is ₹113.02.
What are the returns of Mirae Asset Large Cap Fund Regular Growth?
The fund has generated 28.58% over the last 1 year and 12.94% 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 Regular Growth?
The fund's allocation of assets is distributed as 99.54% in equities, 0.00% in bonds, and 0.46% in cash and cash equivalents.
Who manages the Mirae Asset Large Cap Fund Regular Growth?
The fund managers responsible for Mirae Asset Large Cap Fund Regular 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 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.