Pros | Among most bought funds within the category. Larger AUM within category. Beats FD returns for both 3Y & 5Y duration. | Larger AUM within category. Beats FD returns for both 3Y & 5Y. | ||
Cons | 3Y returns in the bottom 25% of the category. | Does not beat the benchmark consistently. Higher probablity of downside risk. Underperforms benchmarks during bull run. |
INDMoney rank | 18/21 | 14/19 | ||
Category,Subcateogry | Equity,Large & Mid- Cap | Equity,Large-Cap | ||
Fund Age | 11 Years | 11 Years | ||
Fund Size | 40205 Cr | 41593 Cr | ||
Min Investment | SIP ₹99 Lumpsum ₹5000 | SIP ₹99 Lumpsum ₹5000 | ||
Expense Ratio | 0.59% | 0.53% | ||
Exit Load | 1% | 1% | ||
Benchmark Index | S&P BSE 200 India TR INR | S&P BSE 100 India TR INR |
No of Holdings | 93 | 78 | ||
Top 5 Holdings | HDFC Bank Ltd (5.21%) Axis Bank Ltd (3.76%) Larsen & Toubro Ltd (2.94%) State Bank of India (2.78%) ICICI Bank Ltd (2.44%) | HDFC Bank Ltd (9.02%) ICICI Bank Ltd (7.38%) Infosys Ltd (6.75%) Reliance Industries Ltd (5.14%) Axis Bank Ltd (4.14%) | ||
No of Sectors | 11 | 11 | ||
Top 3 Sectors | Financial Services (26.31%) Consumer Cyclical (16.8%) Industrial (13.05%) | Financial Services (35.31%) Tech (14.55%) Consumer Cyclical (10.04%) | ||
Equity % | 99.13% | 98.4% | ||
Debt % | - | - | ||
P/E | 23.19 | 24.94 | ||
P/B | 3.64 | 3.7 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | -1.4% | -0.55% | ||
3-Month Return | 3.15% | 4.26% | ||
6-Month Return | 15.52% | 15.68% | ||
1-Year Return | 36.87% | 30.28% | ||
3-Year Return | 16.51% | 13.09% | ||
5-Year Return | 25.24% | 19.03% |
Sharpe | 0.93 | 0.74 | ||
Alpha | -1.54 | -0.24 | ||
Beta | 0.92 | 0.88 | ||
Standard Deviation | 12.49 | 11.41 | ||
Information Ratio | -1.13 | -0.48 |
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 | Neelesh Surana,Ankit Jain | Gaurav Misra |