Mutual Funds
Mirae Asset Large Cap Fund - Direct (IDCW)

Mirae Asset Large Cap Fund - Direct (IDCW)

Large Cap Fund

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NAV
68.25(0.09%)
Fund Size (CR)
₹39,554.76
Expense Ratio
0.56
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹99
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
16.62%

Absolute Return: -6.61%

Annualized Return: 0%

Basic Details

Scheme Manager

Gaurav Misra

Bench Mark

Nifty 100 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	20 December 2024	10047.40	0.47%	-	0.71%	129/150
1 Month	27 November 2024	9847.77	-1.52%	-	-1.29%	83/150
3 Month	27 September 2024	9230.33	-7.70%	-	-7.71%	63/150
6 Month	27 June 2024	10148.85	1.49%	-	0.21%	34/146
1 Year	27 December 2023	11471.13	14.71%	14.71%	16.85%	102/142
3 Year	27 December 2021	14318.31	43.18%	12.71%	14.81%	103/134
5 Year	27 December 2019	20807.06	108.07%	15.78%	16.41%	77/120
Since Inception	2 January 2013	63220.04	532.20%	16.62%	14.80%	41/150

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2024	1,20,000	160445.39	33.70%	33.70%
3 Year	3 January 2022	3,60,000	556958.66	54.71%	15.66%
5 Year	1 January 2020	6,00,000	1089201.95	81.53%	12.67%
10 Year	1 January 2015	12,00,000	2872295.35	139.36%	9.12%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.43%

Standard Deviation

0.88%

Beta

0.56%

Sharpe Ratio

0.07%

Treynor's Ratio

-0.08%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	9.55%	21042263	3779.30	Equity	Banks
ICICI Bank	7.34%	22316387	2901.35	Equity	Banks
Infosys	6.19%	13173999	2447.53	Equity	IT - Software
Axis Bank	4.29%	14939722	1697.60	Equity	Banks
TCS	4.01%	3717830	1587.83	Equity	IT - Software
Larsen & Toubro	3.98%	4224717	1573.62	Equity	Infrastructure Developers & Operators
Reliance Industr	3.90%	11952310	1544.48	Equity	Refineries
Bharti Airtel	3.76%	9143581	1487.80	Equity	Telecomm-Service
Kotak Mah. Bank	2.92%	6532266	1153.11	Equity	Banks
St Bk of India	2.91%	13705978	1149.86	Equity	Banks

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Mirae Asset Large Cap Fund - Direct (IDCW)	39554.76	-1.52%	-7.70%	1.49%	14.71%	12.71%
WhiteOak Capital Large Cap Fund - Direct (G)	661.36	-0.80%	-5.44%	4.31%	23.92%	-
WhiteOak Capital Large Cap Fund - Direct (IDCW)	661.36	-0.80%	-5.44%	4.31%	23.92%	-
DSP Top 100 Equity Fund - Direct (IDCW)	4529.98	-1.52%	-6.72%	4.04%	23.26%	17.55%
DSP Top 100 Equity Fund - Direct (G)	4529.98	-1.53%	-6.72%	4.04%	23.25%	17.55%
Baroda BNP Paribas Large Cap Fund - Direct (IDCW)	2402.85	-1.15%	-8.17%	0.52%	22.78%	18.12%

News

Mirae Asset Small Cap Fund announces Extension of NFO period

Mirae Asset Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:

Change in New Fund Offer period of 'Mirae Asset Small Cap Fund'

	Existing Dates	Revised Dates
NFO Start Date	Thursday, January 09, 2025	Friday, January 10, 2025
NFO Closure Date	Thursday, January 23, 2025	Friday, January 24, 2025
Scheme re-opens for continuous Sale and Repurchase on:	Friday, January 31, 2025	Monday, February 03, 2025

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Mirae Asset Mutual Fund announces change in Exit Load Structure

Mirae Asset Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 30 October 2024

Change in Exit Load:

Name of the Scheme	Existing Load Structure	Revised Load Structure
' Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund ' Mirae Asset Nifty Midsmallcap400 Momentum Quality 100 ETF Fund of Fund ' Mirae Asset Nifty India Manufacturing ETF Fund of Fund ' Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund	' if redeemed within 3 months from the date of allotment: 0.05%, ' if redeemed after 3 months from date of allotment: Nil	' if redeemed or switched out within 15 days from the date of allotment: 0.05%, ' if redeemed or switched out after 15 days from date of allotment: Nil
' Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund	' if redeemed or switched out within 5 calendar days from the date of allotment: 0.05%, ' if redeemed or switched out after 5 days from date of allotment: Nil	' if redeemed or switched out within 15 days from the date of allotment: 0.05%, ' if redeemed or switched out after 15 days from date of allotment: Nil

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Mirae Asset MF announces change in Fund Manager of the following scheme
Mirae Asset Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 01 November 2024
Change in Fund Managers of the Schemes:

Scheme Name Existing Fund Manager Proposed Fund Manager(s)

Mirae Asset Liquid Fund Mr. Abhishek Iyer Mr. Abhishek Iyer &
Mr. Amit (Modani)

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Scheme Name	Existing Fund Manager	Proposed Fund Manager(s)
Mirae Asset Liquid Fund	Mr. Abhishek Iyer	Mr. Abhishek Iyer & Mr. Amit (Modani)

Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹39554.76

Mirae Asset Large Cap Fund - Direct (IDCW) is an Large Cap Fund-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 1 January 2013, this fund is managed by Gaurav Misra. With assets under management (AUM) worth ₹39,554.76 (Cr), as of 27 December 2024, Mirae Asset Large Cap Fund - Direct (IDCW) is categorized as a Large Cap Fund within its segment. The fund has generated a return of 16.62% since its launch.
The current NAV of Mirae Asset Large Cap Fund - Direct (IDCW) is ₹68.25, as on 27 December 2024. The fund's benchmark index is Nifty 100 TRI. You can invest in Mirae Asset Large Cap Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹99 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment. The fund has generated 12.71% and 15.78% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.39% in Equity, 0.57% in Debt and 0.04% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 28.52% in Banks, 11.79% in IT-Software, 4.27% in Construction, 4.19% in Automobiles, 4.05% in Finance

FAQs

How to Invest in Mirae Asset Large Cap Fund - Direct (IDCW) Direct Growth?

Mirae Asset Large Cap Fund - Direct (IDCW) is a popular fund in the Large Cap Fund segment. The fund has generated a return of 16.62% since inception. Looking to invest in Mirae Asset Large Cap Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Large Cap Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Mirae Asset Large Cap Fund - Direct (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset Large Cap Fund - Direct (IDCW) today and reap the benefits of this Large Cap Fund fund!

How much returns has Mirae Asset Large Cap Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Mirae Asset Large Cap Fund - Direct (IDCW) has generated annualised return of 14.71%. In the long-term, the fund has generated 12.71% and 15.78% in 3 and 5 years respectively. Since its inception, the fund has generated 16.62% returns.

What is the expense ratio of Mirae Asset Large Cap Fund - Direct (IDCW) Direct Growth?

The expense ratio of Mirae Asset Large Cap Fund - Direct (IDCW) Direct Growth is 0.56%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Mirae Asset Large Cap Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Mirae Asset Large Cap Fund - Direct (IDCW) is ₹39,554.76 (Cr) as of 2024-12-27 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mirae Asset Large Cap Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of Mirae Asset Large Cap Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mirae Asset Large Cap Fund - Direct (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Mirae Asset Large Cap Fund - Direct (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).