3 Year return

15.15%
Launched on January 2013 (11 years)

Investment Details

₹500

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹37631.07 Cr.

Expense Ratio

0.55% (inclusive of GST)

Exit Load

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.

Ratings

ARQ Rating
3

Ratings by other agencies

4
3
3

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Mirae Asset Mutual Fund Managers

GM

Gaurav Misra

Fund Manager since Apr 2019

View Details

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Mutual Fund Asset management company

AUM ₹164,467.60 Cr.
No. of Schemes 107
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Mirae Asset Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About Mirae Asset Large Cap Fund Direct Plan Growth

The Mirae Asset Large Cap Fund Direct Plan Growth is an Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. The fund adopts an investment approach that centres around identifying high-quality businesses at reasonable valuations and holding them for the long term. The scheme aims to target companies with sustainable competitive advantages, such as strong pricing power and leadership positions within their respective sectors. Additionally, the fund offers the advantage of a lower expense ratio, making it potentially attractive to investors seeking cost-effective investment options.

Investment Objective of the Scheme

Mirae Asset Large Cap Fund Direct Plan Growth aims for long-term capital appreciation through equity and equity-related securities. It invests primarily (>80%) in large-cap stocks while exploring select midcap ideas (up to 20%) and maintains flexibility across sectors and themes.

Key Features of The Fund

5-year return 16.49%
Expense Ratio 0.55%
Fund Manager Gaurav Misra
Fund Size ₹37631.07 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The Mirae Asset Large Cap Fund Direct Plan Growth may be suitable for investors seeking capital appreciation over a long investment horizon and possessing a high to very high risk-taking appetite. With a minimum investment horizon of 3-5 years, the fund offers stability in equity mutual fund investments and can be a part of the core portfolio for both first-time investors and those looking for a stable option for wealth creation. Before investing in this fund, individuals should evaluate their risk tolerance and financial goals to ensure alignment with their investment preferences and circumstances.

AMC Contact Details

Name Mirae Asset Mutual Fund
Launch Date November 2007
Addresss Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098.
Contact 1800-2090-777
Email customercare@miraeasset.com
Website https://www.miraeassetmf.co.in/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Mirae Asset Large Cap Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mirae Asset Large Cap Fund Jun 20 2024 is 116.613

What is the AUM of Mirae Asset Large Cap Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mirae Asset Large Cap Fund is 37631.07 crore.

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

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Mirae Asset Large Cap Fund is 0.55%

What are the returns of Mirae Asset Large Cap Fund since inception?

The Mirae Asset Large Cap Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 17.12 since inception.

What is the minimum SIP amount to invest in Mirae Asset Large Cap Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mirae Asset Large Cap Fund is 500.

How do I invest in Mirae Asset Large Cap Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Mirae Asset Large Cap Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Mirae Asset Large Cap Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Mirae Asset Large Cap Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.