Mirae Asset Large Cap Fund Direct Growth

Mirae Asset Large Cap Fund Direct Growth

Equity

Mirae Mutual Fund

Large-Cap

Get the latest NAV of Mirae Asset Large Cap Fund Direct Growth. 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.

₹123.39

▲0.6%1D

NAV as on 14 May 2025

16.43%/per year

Since Inception

Absolute Gain%

▲▼

14368 people have invested ₹ 17.1Cr in Mirae Asset Large Cap Fund Direct Growth in the last three months

Mirae Asset Large Cap Fund Performance vs. Nifty 100

Fund returns vs Benchmark returns vs Category Average returns as on (14-May-25)

The fund has consistently outperformed the benchmark (Nifty 100) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 100
Category Avg
1 Month
8.05%
7.81%
7.06%
3 Months
8.2%
8.01%
6.39%
6 Months
3.99%
3.4%
2.71%
1 Year
13.92%
8.98%
10.02%
3 Years
17.22%
16.37%
18.22%
5 Years
22.87%
21.97%
22.36%

Mirae Asset Large Cap Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

13
/20
40% Performance
66% Risk Management
53% Cost

Ranked 13 out of 20 mutual funds in the large-cap category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mirae Asset Large Cap Fund
13/20
38,892Cr
0.55%
13.92%
17.22%
16.43%
ICICI Prudential Bluechip Fund Direct Growth
1/20
68,034Cr
0.93%
12.12%
22.44%
16.16%
Nippon India Large Cap Fund Direct Growth
2/20
39,677Cr
0.68%
11.43%
24.93%
16.63%
DSP Large Cap Fund Direct Growth
3/20
5,070Cr
1.05%
17.42%
23.04%
13%
See all
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Larger AUM within category
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Beats FD returns for both 3Y & 5Y
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3Y returns in the bottom 25% of the category

Mirae Asset Large Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Mirae Asset Large Cap Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 99.5%

Debt & Cash 0.5%

Large cap
83%
Mid cap
10%
Small cap
6.5%

Mirae Asset Large Cap Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 99.5%

Debt & Cash 0.5%

Financial Services
36.2%
Tech
13.2%
Consumer Cyclical
10.3%
Basic Materials
10%
Industrial
7.9%
Consumer Defensive
4.7%
Energy
4.6%
Health
4.5%
Utilities
3.9%
Communication
3.8%
Real Estate
0.9%

Top 3 Sectors in April were Financial Services, Tech & Consumer Cyclical

Apr'25

Financial Services

34%

Tech

11%

Consumer Cyclical

10%

Mar'25

Financial Services

34%

Tech

11%

Consumer Cyclical

10%

Mirae Asset Large Cap Fund Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
10.28%
-0.9%
ICICI Bank Ltd
7.77%
0%
Infosys Ltd
5.24%
1.9%
Reliance Industries Ltd
4.81%
0%
Axis Bank Ltd
4.16%
-3.5%
See all
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 7.38% to 7.77%
ICICI Bank Ltd's allocation increased from 7.38% to 7.77%
Godrej Consumer Products Ltd's allocation increased from 0.67% to 1.04%
Godrej Consumer Products Ltd's allocation increased from 0.67% to 1.04%
Britannia Industries Ltd's allocation increased from 0.6% to 0.86%
Britannia Industries Ltd's allocation increased from 0.6% to 0.86%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 10.45 % to 10.28 %
HDFC Bank Ltd's allocation decreased from 10.45 % to 10.28 %
Infosys Ltd's allocation decreased from 5.87 % to 5.24 %
Infosys Ltd's allocation decreased from 5.87 % to 5.24 %
Reliance Industries Ltd's allocation decreased from 4.81 % to 4.81 %
Reliance Industries Ltd's allocation decreased from 4.81 % to 4.81 %

Mirae Asset Large Cap Fund Direct Growth Overview

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

Expense ratio0.55%
Benchmark
Nifty 100 TR INR
AUM₹38892 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹99
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
16.5%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Mirae Asset Large Cap Fund

Mirae Asset Large Cap Fund is a mutual fund scheme that invests primarily in large-cap stocks. Large Cap stocks have a market capitalization of above Rs 20,000 crore and include shares of SBI, Reliance, ITC and HDFC Bank among others.

The fund's primary task is to invest in large cap stocks to generate steady returns with comparatively lesser risk as the companies in the fund are steady firms in their respective sectors.

Mirae Asset Large Cap Fund is suitable for investors who are looking to invest in the equity markets for the long term. The fund has a proven track record of generating strong returns over the years and is a popular choice among investors who are seeking exposure to large-cap stocks in India.

Key Parameters

  1. Mirae Asset Large Cap Fund Direct Growth has ₹38892 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Mirae Asset Large Cap Fund Direct Growth has given a CAGR return of 16.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.92%, 17.22% and 22.87% respectively.

Holdings

Mirae Asset Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Industrial, Basic Materials, Consumer Defensive, Energy, Health, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Axis Bank Ltd

Taxation

As it is a large-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Mirae Asset Large Cap Fund Direct Growth

The investment objective of the scheme is to generate long term capital appreciation by capitalizing on potential investment opportunities by predominantly investing in equities of large cap companies.The Scheme does not guarantee or assure any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Large Cap Fund Direct Growth has no lock in period.

Fund Manager

Gaurav Misra

Fund Manager of Mirae Asset Large Cap Fund Direct Growth, since 31 January 2019

Learn more about Mirae Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 38.9K Cr
₹ 37.8K Cr
₹ 35.5K Cr
  • AUM of the fund stands at 38.9K Cr as of Apr'25
  • AUM increased by 1.1K Cr between Apr'25 and Mar'25

Compare Mirae Asset Large Cap Fund

Mirae Asset Large Cap Fund

VS

ICICI Prudential Bluechip Fund Direct Growth

Frequently Asked Questions for Mirae Asset Large Cap Fund Direct Growth

What is the current NAV of Mirae Asset Large Cap Fund Direct Growth?

The current NAV of Mirae Asset Large Cap Fund Direct Growth is ₹123.39 as on 14-May-2025.

What are the average returns of Mirae Asset Large Cap Fund Direct Growth?

Existing (Absolute + CAGR) as on 14-May-2025.
Mirae Asset Large Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.05%
8.05%
6 Month Returns
3.99%
3.99%
1 Year Returns
13.92%
13.92%
3 Years Returns
61.05%
17.22%

How do I invest in Mirae Asset Large Cap Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Mirae Asset Large Cap Fund Direct Growth?

0.55% as on April 2025

What is net assets under management (AUM) of Mirae Asset Large Cap Fund Direct Growth?

₹38892 Cr as on April 2025

What are the top 5 holdings of Mirae Asset Large Cap Fund Direct Growth?

HDFC Bank Ltd(10.28%), ICICI Bank Ltd(7.77%), Infosys Ltd(5.24%), Reliance Industries Ltd(4.81%), Axis Bank Ltd(4.16%) as on April 2025

What are the top 3 sectors that this Mirae Asset Large Cap Fund Direct Growth has invested in?

Financial Services(34.17%), Tech(11.38%), Consumer Cyclical(10.28%) as on April 2025

What is the alpha of Mirae Asset Large Cap Fund Direct Growth?

The alpha ratio for the Mirae Asset Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mirae Asset Large Cap Fund Direct Growth
2.86
0.47
0.84
As on April 2025
The alpha for Mirae Asset Large Cap Fund Direct Growth is calculated against Nifty 100 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of Mirae Asset Large Cap Fund Direct Growth??

The Beta ratio for the Mirae Asset Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mirae Asset Large Cap Fund Direct Growth
0.99
0.87
0.91
As on April 2025
The Beta for Mirae Asset Large Cap Fund Direct Growth is calculated with Nifty 100 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of Mirae Asset Large Cap Fund Direct Growth?

The sharpe ratio for the Mirae Asset Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mirae Asset Large Cap Fund Direct Growth
0.28
0.55
1.09
As on April 2025
The sharpe ratio for Mirae Asset Large Cap Fund Direct Growth is calculated with Nifty 100 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of Mirae Asset Large Cap Fund Direct Growth?

The standard deviation for the Mirae Asset Large Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mirae Asset Large Cap Fund Direct Growth
15.25
12.68
13.28
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

What is the Sortino ratio of Mirae Asset Large Cap Fund Direct Growth?

Sortino ratio is 0.89 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Who is the manager of Mirae Asset Large Cap Fund Direct Growth?

Gaurav Misra is the fund manager of Mirae Asset Large Cap Fund Direct Growth

What is the exit load of Mirae Asset Large Cap Fund Direct Growth?

The Exit load of Mirae Asset Large Cap Fund Direct Growth is 1%