Fund Overview
Fund Size
₹39,951 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, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹121.26, Assets Under Management (AUM) of 39951.46 Crores, and an expense ratio of 0.53%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹121.26, Assets Under Management (AUM) of 39951.46 Crores, and an expense ratio of 0.53%.
- Mirae Asset Large Cap Fund Direct Growth has given a CAGR return of 17.49% since inception.
- The fund's asset allocation comprises around 98.62% in equities, 0.00% in debts, and 1.37% 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
+26.59%
+33.37% (Cat Avg.)
3 Years
+15.58%
+17.90% (Cat Avg.)
5 Years
+18.02%
+18.63% (Cat Avg.)
10 Years
+16.07%
+13.58% (Cat Avg.)
Since Inception
+17.49%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹39,400.88 Cr | 98.62% |
| Others | ₹550.58 Cr | 1.38% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹4,034.31 Cr | 10.10% |
| ICICI Bank Ltd | Equity | ₹3,006.85 Cr | 7.53% |
| Reliance Industries Ltd | Equity | ₹2,822.26 Cr | 7.06% |
| Infosys Ltd | Equity | ₹2,586.56 Cr | 6.47% |
| Axis Bank Ltd | Equity | ₹1,968.35 Cr | 4.93% |
| Bharti Airtel Ltd | Equity | ₹1,439.14 Cr | 3.60% |
| Larsen & Toubro Ltd | Equity | ₹1,437.92 Cr | 3.60% |
| State Bank of India | Equity | ₹1,431.19 Cr | 3.58% |
| Kotak Mahindra Bank Ltd | Equity | ₹1,322.95 Cr | 3.31% |
| ITC Ltd | Equity | ₹1,170.18 Cr | 2.93% |
| Hindustan Unilever Ltd | Equity | ₹863.71 Cr | 2.16% |
| Tata Consultancy Services Ltd | Equity | ₹800.33 Cr | 2.00% |
| Maruti Suzuki India Ltd | Equity | ₹778.24 Cr | 1.95% |
| Shriram Finance Ltd | Equity | ₹724.62 Cr | 1.81% |
| HCL Technologies Ltd | Equity | ₹644.38 Cr | 1.61% |
| NTPC Ltd | Equity | ₹621.47 Cr | 1.56% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹566.15 Cr | 1.42% |
| FSN E-Commerce Ventures Ltd | Equity | ₹556.41 Cr | 1.39% |
| Ambuja Cements Ltd | Equity | ₹549.79 Cr | 1.38% |
| Bajaj Finance Ltd | Equity | ₹532.86 Cr | 1.33% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹522.02 Cr | 1.31% |
| Wipro Ltd | Equity | ₹444.64 Cr | 1.11% |
| Vedanta Ltd | Equity | ₹420.03 Cr | 1.05% |
| Treps | Cash - Repurchase Agreement | ₹416.32 Cr | 1.04% |
| Avenue Supermarts Ltd | Equity | ₹403.09 Cr | 1.01% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹383.29 Cr | 0.96% |
| Kajaria Ceramics Ltd | Equity | ₹373.58 Cr | 0.94% |
| Gland Pharma Ltd | Equity | ₹360.78 Cr | 0.90% |
| SBI Life Insurance Company Limited | Equity | ₹357.78 Cr | 0.90% |
| Indian Energy Exchange Ltd | Equity | ₹353.49 Cr | 0.88% |
| Sona BLW Precision Forgings Ltd | Equity | ₹346.27 Cr | 0.87% |
| Dabur India Ltd | Equity | ₹331.17 Cr | 0.83% |
| Tata Steel Ltd | Equity | ₹326.02 Cr | 0.82% |
| SRF Ltd | Equity | ₹325.52 Cr | 0.81% |
| Oil & Natural Gas Corp Ltd | Equity | ₹324.62 Cr | 0.81% |
| Timken India Ltd | Equity | ₹318.13 Cr | 0.80% |
| Aurobindo Pharma Ltd | Equity | ₹316.8 Cr | 0.79% |
| One97 Communications Ltd | Equity | ₹310.82 Cr | 0.78% |
| LTIMindtree Ltd | Equity | ₹303.99 Cr | 0.76% |
| Max Financial Services Ltd | Equity | ₹300.59 Cr | 0.75% |
| Power Finance Corp Ltd | Equity | ₹274.34 Cr | 0.69% |
| Biocon Ltd | Equity | ₹263.13 Cr | 0.66% |
| UPL Ltd | Equity | ₹256.94 Cr | 0.64% |
| Jubilant Foodworks Ltd | Equity | ₹246.28 Cr | 0.62% |
| L&T Finance Ltd | Equity | ₹236.99 Cr | 0.59% |
| Tata Motors Ltd | Equity | ₹235.21 Cr | 0.59% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹232.19 Cr | 0.58% |
| InterGlobe Aviation Ltd | Equity | ₹231.87 Cr | 0.58% |
| EPL Ltd Ordinary Shares | Equity | ₹227.14 Cr | 0.57% |
| Zomato Ltd | Equity | ₹224.08 Cr | 0.56% |
| Macrotech Developers Ltd | Equity | ₹201.99 Cr | 0.51% |
| Pidilite Industries Ltd | Equity | ₹200.28 Cr | 0.50% |
| Nuvoco Vista Corp Ltd | Equity | ₹196.81 Cr | 0.49% |
| Chemplast Sanmar Ltd | Equity | ₹190.42 Cr | 0.48% |
| Vinati Organics Ltd | Equity | ₹172.7 Cr | 0.43% |
| Eicher Motors Ltd | Equity | ₹158.12 Cr | 0.40% |
| Jindal Steel & Power Ltd | Equity | ₹156.36 Cr | 0.39% |
| Asian Paints Ltd | Equity | ₹154.99 Cr | 0.39% |
| R R Kabel Ltd | Equity | ₹151.52 Cr | 0.38% |
| Net Receivables / (Payables) | Cash | ₹132.86 Cr | 0.33% |
| Bharat Electronics Ltd | Equity | ₹130.25 Cr | 0.33% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹109.61 Cr | 0.27% |
| UltraTech Cement Ltd | Equity | ₹102.3 Cr | 0.26% |
| PI Industries Ltd | Equity | ₹96.66 Cr | 0.24% |
| Cipla Ltd | Equity | ₹77.73 Cr | 0.19% |
| Samvardhana Motherson International Ltd | Equity | ₹76.61 Cr | 0.19% |
| Kalpataru Projects International Ltd | Equity | ₹54.94 Cr | 0.14% |
| Bharti Hexacom Ltd | Equity | ₹44.09 Cr | 0.11% |
| Torrent Pharmaceuticals Ltd | Equity | ₹12.59 Cr | 0.03% |
| Havells India Ltd | Equity | ₹3.73 Cr | 0.01% |
| Mirae Asset Liquid Dir Gr | Mutual Fund - Open End | ₹1.39 Cr | 0.00% |
| Balkrishna Industries Ltd | Equity | ₹0.72 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
83.85%
Mid Cap Stocks
9.50%
Small Cap Stocks
5.27%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹14,776.52 Cr | 36.99% |
| Technology | ₹5,090.71 Cr | 12.74% |
| Consumer Cyclical | ₹3,232.37 Cr | 8.09% |
| Basic Materials | ₹3,148.82 Cr | 7.88% |
| Energy | ₹3,146.88 Cr | 7.88% |
| Consumer Defensive | ₹2,768.15 Cr | 6.93% |
| Industrials | ₹2,701.93 Cr | 6.76% |
| Healthcare | ₹2,119.21 Cr | 5.30% |
| Communication Services | ₹1,592.84 Cr | 3.99% |
| Utilities | ₹621.47 Cr | 1.56% |
| Real Estate | ₹201.99 Cr | 0.51% |
Risk & Performance Ratios
Standard Deviation
This fund
11.70%
Cat. avg.
12.93%
Lower the better
Sharpe Ratio
This fund
0.81
Cat. avg.
0.76
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.39
Higher the better
Fund Managers
GM
Gaurav Misra
Since January 2019
Additional Scheme Detailsas of 30th June 2024
ISIN | INF769K01AX2 | Expense Ratio | 0.53% | Exit Load | 1.00% | Fund Size | ₹39,951 Cr | Age | 01 Jan 2013 | 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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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% | - | ₹404.82 Cr | 25.5% |
| Quant Large Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1513.75 Cr | 45.2% |
| Quant Large Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1513.75 Cr | 47.5% |
| Invesco India largecap Fund Regular Growth Very High Risk | 2.1% | 0.0% | ₹1145.78 Cr | 36.4% |
| UTI S&P BSE Sensex Next 50 Exchange Traded Fund Very High Risk | 0.2% | - | ₹17.66 Cr | 54.5% |
| Aditya BSL Nifty Next 50 ETF Very High Risk | 0.2% | - | ₹50.43 Cr | 63.5% |
| Aditya Birla Sun Life Nifty 50 ETF Very High Risk | 0.1% | - | ₹2526.65 Cr | 25.4% |
| DSP Nifty 50 Equal Weight ETF Very High Risk | 0.3% | - | ₹234.99 Cr | 36.3% |
| Edelweiss Large Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹974.94 Cr | 31.3% |
| Kotak Nifty 50 ETF Very High Risk | 0.0% | - | ₹2490.87 Cr | 25.5% |
About the AMC
Total AUM
₹1,73,546 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 25-Jul-2024, is ₹121.26.
What are the returns of Mirae Asset Large Cap Fund Direct Growth?
The fund has generated 26.59% over the last 1 year and 15.58% 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 98.62% in equities, 0.00% in bonds, and 1.37% 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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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.
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.