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Fund Overview

Fund Size

Fund Size

₹37,885 Cr

Expense Ratio

Expense Ratio

0.59%

ISIN

ISIN

INF769K01AX2

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

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, 3 months and 18 days, having been launched on 01-Jan-13.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹106.80, Assets Under Management (AUM) of 37884.61 Crores, and an expense ratio of 0.59%.
  • Mirae Asset Large Cap Fund Direct Growth has given a CAGR return of 16.62% since inception.
  • The fund's asset allocation comprises around 99.72% in equities, 0.00% in debts, and 0.28% 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

+24.48%

+33.02%(Cat. Avg.)

3 Years

+15.18%

+16.97%(Cat. Avg.)

5 Years

+14.44%

+14.89%(Cat. Avg.)

10 Years

+16.77%

+13.99%(Cat. Avg.)

Since Inception

+16.62%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity37,777.1 Cr99.72%
Others107.51 Cr0.28%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity3,550.3 Cr9.37%
ICICI Bank LtdEquity3,330.21 Cr8.79%
Reliance Industries LtdEquity3,017.27 Cr7.96%
Infosys LtdEquity2,377.37 Cr6.28%
Axis Bank LtdEquity1,804.97 Cr4.76%
State Bank of IndiaEquity1,693.87 Cr4.47%
Larsen & Toubro LtdEquity1,454.26 Cr3.84%
Bharti Airtel LtdEquity1,437.9 Cr3.80%
Kotak Mahindra Bank LtdEquity1,358.71 Cr3.59%
ITC LtdEquity1,001.39 Cr2.64%
Maruti Suzuki India LtdEquity940.73 Cr2.48%
Sun Pharmaceuticals Industries LtdEquity797.17 Cr2.10%
Tata Consultancy Services LtdEquity784.43 Cr2.07%
Bajaj Finance LtdEquity776.41 Cr2.05%
Hindustan Unilever LtdEquity729.75 Cr1.93%
NTPC LtdEquity586.79 Cr1.55%
HCL Technologies LtdEquity540.41 Cr1.43%
FSN E-Commerce Ventures LtdEquity538.52 Cr1.42%
Avenue Supermarts LtdEquity524.57 Cr1.38%
Ambuja Cements LtdEquity523.34 Cr1.38%
Eicher Motors LtdEquity403.88 Cr1.07%
Tata Steel LtdEquity391.59 Cr1.03%
Crompton Greaves Consumer Electricals LtdEquity386.88 Cr1.02%
Dabur India LtdEquity384.27 Cr1.01%
Sona BLW Precision Forgings LtdEquity381.36 Cr1.01%
Gland Pharma LtdEquity368.28 Cr0.97%
SBI Life Insurance Company LimitedEquity359.77 Cr0.95%
SRF LtdEquity358.2 Cr0.95%
Havells India LtdEquity355.51 Cr0.94%
Timken India LtdEquity354.43 Cr0.94%
LTIMindtree LtdEquity346.25 Cr0.91%
Max Financial Services LtdEquity310.02 Cr0.82%
Apollo Hospitals Enterprise LtdEquity306.35 Cr0.81%
Kajaria Ceramics LtdEquity305.36 Cr0.81%
One97 Communications LtdEquity300.88 Cr0.79%
SBI Cards and Payment Services Ltd Ordinary SharesEquity279.84 Cr0.74%
Wipro LtdEquity279.76 Cr0.74%
Biocon LtdEquity277.61 Cr0.73%
Samvardhana Motherson International LtdEquity276.96 Cr0.73%
Indian Energy Exchange LtdEquity274.45 Cr0.72%
Shriram Finance LtdEquity266.41 Cr0.70%
PI Industries LtdEquity266.4 Cr0.70%
Aurobindo Pharma LtdEquity254.96 Cr0.67%
Jindal Steel & Power LtdEquity241.79 Cr0.64%
Voltas LtdEquity227.06 Cr0.60%
Jubilant Foodworks LtdEquity226.57 Cr0.60%
UPL LtdEquity205.25 Cr0.54%
EPL Ltd Ordinary SharesEquity204.79 Cr0.54%
Zomato LtdEquity203.45 Cr0.54%
Pidilite Industries LtdEquity191.13 Cr0.50%
Nuvoco Vista Corp LtdEquity169.3 Cr0.45%
Chemplast Sanmar LtdEquity163.58 Cr0.43%
Vinati Organics LtdEquity133.82 Cr0.35%
TrepsCash - Repurchase Agreement103.89 Cr0.27%
UltraTech Cement LtdEquity102.09 Cr0.27%
Mphasis LtdEquity99.21 Cr0.26%
Bharat Electronics LtdEquity74.21 Cr0.20%
ICICI Lombard General Insurance Co LtdEquity61.01 Cr0.16%
Asian Paints LtdEquity54.66 Cr0.14%
Torrent Pharmaceuticals LtdEquity48.5 Cr0.13%
Polycab India LtdEquity40.52 Cr0.11%
Krishna Institute of Medical Sciences LtdEquity33.18 Cr0.09%
InterGlobe Aviation LtdEquity30.58 Cr0.08%
Britannia Industries LtdEquity3.8 Cr0.01%
The Federal Bank LtdEquity2.3 Cr0.01%
Net Receivables / (Payables)Cash2.25 Cr0.01%
Titan Co LtdEquity1.97 Cr0.01%
Mirae Asset Liquid Dir GrMutual Fund - Open End1.37 Cr0.00%
Balkrishna Industries LtdEquity0.51 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

85.67%

Mid Cap Stocks

11.81%

Small Cap Stocks

2.23%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services14,068.28 Cr37.13%
Technology4,728.32 Cr12.48%
Consumer Cyclical3,565.63 Cr9.41%
Energy3,017.27 Cr7.96%
Industrials2,841.93 Cr7.50%
Basic Materials2,801.15 Cr7.39%
Consumer Defensive2,643.77 Cr6.98%
Healthcare2,086.06 Cr5.51%
Communication Services1,437.9 Cr3.80%
Utilities586.79 Cr1.55%

Risk & Performance Ratios

Standard Deviation

This fund

11.59%

Cat. avg.

13.31%

Lower the better

Sharpe Ratio

This fund

0.81

Cat. avg.

0.85

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.58

Higher the better

Fund Managers

GM

Gaurav Misra

Since January 2019

Additional Scheme Detailsas of 31st March 2024

ISININF769K01AX2Expense Ratio0.59%Exit Load1.00%Fund Size₹37,885 CrAge01 Jan 2013Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 100 TR INR

Investment ObjectiveInvestment 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.

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About the AMC

Total AUM

₹1,67,826 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%1.0%₹1325.63 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.5%1.0%₹3182.73 Cr39.1%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹6871.66 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.7%1.0%₹33618.78 Cr39.6%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹37884.61 Cr24.5%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹493.94 Cr7.5%
Mirae Asset Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹106.37 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8425.01 Cr23.1%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹157.90 Cr6.7%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1441.40 Cr95.4%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8400.93 Cr26.2%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.0%0.0%₹678.48 Cr34.9%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹111.71 Cr28.8%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹506.21 Cr55.1%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹792.36 Cr7.0%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1003.21 Cr7.6%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹1699.82 Cr33.7%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.7%1.0%₹1593.76 Cr25.5%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.5%1.0%₹2488.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹72.78 Cr51.4%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹21475.97 Cr36.7%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.06 Cr7.3%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹51.08 Cr6.9%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹69.33 Cr-15.7%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹930.11 Cr18.4%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹60.35 Cr6.9%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

1.0%1.0%₹346.82 Cr38.1%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

0.7%1.0%₹95.84 Cr-4.0%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.0%0.0%₹593.94 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹335.66 Cr7.2%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹225.61 Cr7.2%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹103.03 Cr7.0%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2235.15 Cr47.7%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹1451.16 Cr8.6%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹14251.70 Cr49.5%
Mirae Asset Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1534.21 Cr22.9%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Mirae Asset Large Cap Fund Direct Growth, as of 18-Apr-2024, is ₹106.80.
The fund has generated 24.48% over the last 1 year and 15.18% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 99.72% in equities, 0.00% in bonds, and 0.28% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Large Cap Fund Direct Growth are:-
  1. Gaurav Misra