Pros | Larger AUM within category. Beats FD returns for both 3Y & 5Y. | Larger AUM within category. Beats FD returns for both 3Y & 5Y. | ||
Cons | Has not generated consistent returns. Does not beat the benchmark consistently. Higher probablity of downside risk. | 3Y returns in the bottom 25% of the category. |
INDMoney rank | 19/21 | 15/19 | ||
Category,Subcateogry | Equity,Large & Mid-Cap | Equity,Large-Cap | ||
Fund Age | 11 Years | 11 Years | ||
Fund Size | 38166 Cr | 39337 Cr | ||
Min Investment | SIP ₹99 Lumpsum ₹5000 | SIP ₹99 Lumpsum ₹5000 | ||
Expense Ratio | 0.61% | 0.55% | ||
Exit Load | 1% | 1% | ||
Benchmark Index | S&P BSE 200 India TR INR | S&P BSE 100 India TR INR |
No of Holdings | 97 | 83 | ||
Top 5 Holdings | HDFC Bank Ltd (5.32%) Axis Bank Ltd (4.06%) State Bank of India (3.47%) Larsen & Toubro Ltd (3.15%) ICICI Bank Ltd (2.27%) | HDFC Bank Ltd (9.78%) ICICI Bank Ltd (7.33%) Infosys Ltd (5.89%) Axis Bank Ltd (4.4%) Larsen & Toubro Ltd (4.09%) | ||
No of Sectors | 11 | 11 | ||
Top 3 Sectors | Financial Services (28.76%) Consumer Cyclical (14.92%) Industrial (12.94%) | Financial Services (36.2%) Tech (13.25%) Consumer Cyclical (10.32%) | ||
Equity % | 99.21% | 99.63% | ||
Debt % | - | - | ||
P/E | 21.39 | 23.68 | ||
P/B | 3.24 | 3.44 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | 3.68% | 2.94% | ||
3-Month Return | -0.28% | -0.1% | ||
6-Month Return | 8.97% | 9.65% | ||
1-Year Return | 26.22% | 21.87% | ||
3-Year Return | 16.32% | 13.31% | ||
5-Year Return | 23.04% | 17.19% |
Sharpe | 0.77 | 0.62 | ||
Alpha | -1.62 | 0.01 | ||
Beta | 0.92 | 0.88 | ||
Standard Deviation | 13.11 | 11.88 | ||
Information Ratio | -1.08 | -0.31 |
Description | Mirae Asset Large & Midcap Fund Direct Plan Growth is an equity fund.The fund could potentially beat inflation in the long-run. | Mirae Asset Large Cap Fund Direct Plan Growth is an equity fund.The fund could potentially beat inflation in the long-run. | ||
Managers | Ankit Jain,Neelesh Surana | Gaurav Misra |