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Business News/Market/Market Stats/    Mirae Asset Large Cap Fund Direct Plan Growth

Mirae Asset Large Cap Fund Direct Plan Growth

+
  • Equity
  • Large-Cap
  • Rating 4
  • Plan
112.07 -0.01 (-0.01%) NAV as on 27 May, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)38060.19
  • CAGR 26.14%
  • Exit Load1.00%
  • Expense ratio0.53%
  • CategoryEquity
  • Min Investment5000
  • Min SIP500
  • Launch Date2013-01-01

Morning Star Rating 4

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 28 May 2024

  • Name
  • Value (Cr)
  • Holding %
  • ITC
  • 1136.35
  • 2.99%
View More

Risk & Volitility

  • Alpha 1.76%
  • Beta 0.97
  • Sharpe Ratio0.88
  • Std Deviation 11.57%
  • Tracking Error 2.70%

About Fund

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.

 

The Mirae Asset Large Cap Fund Direct Plan Growth has an AUM of 38060.19 crores & has delivered CAGR of 15.32% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.53%. The minimum investment in Mirae Asset Large Cap Fund Direct Plan Growth is Rs 5000 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

 

The top holdings of the fund include HDFC Bank, ICICI Bank, Reliance Industries & Infosys.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Consumer Financial Services.

 

Some of the similar funds are ICICI Prudential Bluechip Fund Direct Plan Growth, HDFC Top 100 Fund -Direct Plan - Growth Option, SBI Bluechip Fund Direct Growth, Mirae Asset Large Cap Fund Direct Plan Growth, Axis Bluechip Fund Direct Plan Growth. Mirae Asset Large Cap Fund Direct Plan Growth has a sharpe ratio of 0.88 & a standard deviation of 11.57%.

FAQs about Mirae Asset Large Cap Fund Direct Plan Growth

According to the morning star rating Mirae Asset Large Cap Fund Direct Plan Growth has a Moderate risk & Exceptional return.
Mirae Asset Large Cap Fund Direct Plan Growth is managed by Gaurav Misra.
The expense ratio of Mirae Asset Large Cap Fund Direct Plan Growth is 0.53%.
The 5 year annualized return on Mirae Asset Large Cap Fund Direct Plan Growth is 15.32% & it has generated 26.14% in the last 1 year.
The minimum investment in Mirae Asset Large Cap Fund Direct Plan Growth is 5000 Rs.
Mirae Asset Large Cap Fund Direct Plan Growth has an AUM of 38060.19 crores.
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