Mirae Asset Large & Midcap Fund

Mirae Asset Large & Midcap Fund

Equity

Mirae Mutual Fund

Large & Mid-Cap

Get the latest NAV of Mirae Asset Large & Midcap Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹159.13

▼-3.2%1D

NAV as on 19 Mar 2026

20.19%/per year

Since Inception

Absolute Gain%

▲▼

50228 people have invested ₹ 31.2Cr in Mirae Asset Large & Midcap Fund in the last three months

Mirae Asset Large & Midcap Fund Performance vs. NIFTY 500

Fund returns vs Benchmark returns vs Category Average returns as on (19-Mar-26)

The fund has consistently outperformed the benchmark (NIFTY 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-8.85%
-10.05%
-8.22%
6.46%
16.37%
13.58%
NIFTY 500
-8.18%
-9.66%
-8.92%
2.52%
14.05%
11.68%
Large & Mid-Cap Avg
-6.83%
-5.86%
-6.95%
7.8%
18.11%
15.53%
Best in Large & Mid-Cap
-3.62%
-1.95%
-2.96%
15.14%
25.41%
21.22%
Worst in Large & Mid-Cap
-9.79%
-10.26%
-13.76%
-1.72%
12.07%
11.01%
Category Rank
13/21
14/21
19/21
20/21
2/20
--

Mirae Asset Large & Midcap Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

15
/21
44% Performance
54% Risk Management
81% Cost

Ranked 15 out of 21 mutual funds in the large & mid-cap category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Mirae Asset Large & Midcap Fund
15/21
42,943Cr
0.57%
6.46%
16.37%
-0.95
1.00
0.92
1.48
-0.58
Bandhan Large & Mid Cap Fund
1/21
14,780Cr
0.53%
7.07%
22.86%
4.61
0.96
1.32
2.30
1.51
ICICI Prudential Large & Mid Cap Fund
2/21
28,506Cr
0.79%
5.84%
19.9%
4.31
0.82
1.31
2.29
0.54
SBI Large & Midcap Fund
3/21
38,766Cr
0.72%
11.29%
18.3%
2.34
0.80
1.19
2.19
-0.03
See all
Positive: Larger AUM within category
Larger AUM within category
Positive: Beats FD returns for both 3Y & 5Y
Beats FD returns for both 3Y & 5Y
Negative: 5Y returns in the bottom 25% of the category
5Y returns in the bottom 25% of the category

Mirae Asset Large & Midcap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Mirae Asset Large & Midcap Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Large cap
46.3%
Mid cap
39.7%
Small cap
13%
Mid Cap allocation has gone up from 36.1% to 39.7%
Mid Cap allocation has gone up from 36.1% to 39.7%
Large Cap allocation has gone down from 48.4% to 46.3%
Large Cap allocation has gone down from 48.4% to 46.3%
Small Cap allocation has gone down from 13.9% to 13%
Small Cap allocation has gone down from 13.9% to 13%
Cash allocation has gone up from 1% to 1.1%
Cash allocation has gone up from 1% to 1.1%
Debt allocation has gone up from 0% to 0%
Debt allocation has gone up from 0% to 0%

Mirae Asset Large & Midcap Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Financial Services
28%
Consumer Cyclical
16.4%
Industrial
11.4%
Health
10.4%
Tech
9.1%
Basic Materials
7.7%
Consumer Defensive
4.9%
Energy
3.6%
Communication
3.4%
Utilities
3%
Real Estate
1.9%

Top 3 Sectors in February were Financial Services, Consumer Cyclical & Health

Feb'26

Financial Services

33%

Consumer Cyclical

15%

Industrial

12%

Jan'26

Financial Services

32%

Consumer Cyclical

15%

Health

11%

Mirae Asset Large & Midcap Fund Holdings Details

as on (28-Feb-26)

Holdings
Weight%
1M Change
HDFC Bank Ltd
6.75%
4.5%
Axis Bank Ltd
3.96%
0%
ICICI Bank Ltd
3.89%
-6.2%
State Bank of India
3.7%
0%
IndusInd Bank Ltd
2.51%
7.7%
See all
Top Stocks bought last month
Bharti Airtel Ltd's allocation increased from 0.88% to 1.55%
Bharti Airtel Ltd's allocation increased from 0.88% to 1.55%
Bharat Forge Ltd's allocation increased from 1.93% to 2.39%
Bharat Forge Ltd's allocation increased from 1.93% to 2.39%
SRF Ltd's allocation increased from 0.56% to 0.98%
SRF Ltd's allocation increased from 0.56% to 0.98%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 6.86 % to 6.75 %
HDFC Bank Ltd's allocation decreased from 6.86 % to 6.75 %
Axis Bank Ltd's allocation decreased from 3.98 % to 3.96 %
Axis Bank Ltd's allocation decreased from 3.98 % to 3.96 %
ICICI Bank Ltd's allocation decreased from 4.14 % to 3.89 %
ICICI Bank Ltd's allocation decreased from 4.14 % to 3.89 %

Mirae Asset Large & Midcap Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.57%
Benchmark
Nifty LargeMidcap 250 TR INR
AUM₹42943 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5,000/₹99
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
95.5%
Risk
Risk meter
pointer
Very High Risk

About Mirae Asset Large & Midcap Fund

Mirae Asset Large & Midcap Fund (formerly Mirae Asset Emerging Bluechip Fund) invests in equity and equity-related instruments of large-cap and mid-cap companies. As per SEBI’s classification, this includes the top 100 companies by market capitalization (large-cap), followed by the next 150 companies (mid-cap).


The fund invests at least 35% of its assets in each large-cap and mid-cap company. Mirae Assets follows the Nifty Large Midcap 250 Index as its benchmark for this fund. This helps them measure performance across a broader market of large and mid-cap companies. The remaining is invested in debt, money market instruments, REITs and InvITs for diversification. 

 

Investment Strategy 

The fund portfolio comprises stocks picked by following a bottom-up selection process. This strategy includes looking at companies benefiting from macroeconomic trends. The fund managers' focus for Mirae Asset Large & Midcap Fund is to find companies that reduce liquidity risk and offer diversification.

 

Taxation 

Tax on your gains from the Mirae Asset Emerging Bluechip Fund depends on how long you have held the fund for. All equity mutual funds sold within 12 months are considered Short-term Capital Gain (STCG) and investments sold after 12 months are considered Long-term Capital Gain (LTCG). The taxes are as follows:

 

  • Long-term Capital Gain: Exemption of up to ₹1,25,000 and then 12.5%
  • Short-term Capital Gain: 20% 

 

Who Invests in Mirae Asset Large & Midcap Fund?

Mirae Asset Large & Midcap Fund is well-suited for investors seeking exposure to both established bluechip companies and high-growth emerging businesses. The fund's portfolio strikes a balance between stability and growth potential, making it ideal for those with a moderate to high-risk appetite and a long-term investment horizon.

 

Allocation & Historical Returns

Fund Manager

Neelesh Surana

Fund Manager of Mirae Asset Large & Midcap Fund, since 9 July 2010

Ankit Jain

Fund Manager of Mirae Asset Large & Midcap Fund, since 31 January 2019

Learn more about Mirae Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 42.9K Cr
₹ 42.3K Cr
₹ 43.5K Cr
  • AUM of the fund stands at 42.9K Cr as of Feb'26
  • AUM increased by 668.2 Cr between Feb'26 and Jan'26

Compare Mirae Asset Large & Midcap Fund

Mirae Asset Large & Midcap Fund

VS

SBI Large & Midcap Fund

Frequently Asked Questions for Mirae Asset Large & Midcap Fund

How do I invest in Mirae Asset Large & Midcap Fund?

INDmoney makes it simple to invest in the Mirae Asset Large & Midcap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mirae Asset Large & Midcap Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Mirae Asset Large & Midcap Fund?

The NAV of the fund today is ₹159.13. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Mirae Asset Large & Midcap Fund fund has generated a return of 6.46% in 1 year, 16.37% in 3 years, 13.58% in 5 years.

Who is the fund manager of Mirae Asset Large & Midcap Fund?

The fund managers are Neelesh Surana, Ankit Jain.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-365 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.57%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹42943 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mirae Asset Large & Midcap Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(6.75%), Axis Bank Ltd(3.96%), ICICI Bank Ltd(3.89%)