Mirae Asset Large & Midcap Fund Growth

• Alpha 6.01%
• Beta 0.94
• Sharpe Ratio0.45
• Std Deviation 14.69%
• Tracking Error 3.03%

The investment objective of the scheme is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity related securities of large cap and mid cap companies at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity related securities to achieve optimal Portfolio construction.The Scheme does not guarantee or assure any returns.

The Mirae Asset Large & Midcap Fund Growth has an AUM of 36506.79 crores & has delivered CAGR of 24.71% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.55%. The minimum investment in Mirae Asset Large & Midcap Fund Growth is Rs 5000 and the minimum SIP is Rs 99.

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

The top holdings of the fund include Hdfc Bank, Axis Bank, State Bank Of India & Icici Bank.

The major sectors where the fund is invested are Regional Banks, Biotechnology & Drugs, Software & Programming & Consumer Financial Services.

Some of the similar funds are HDFC Large and Mid Cap Fund Growth, SBI Large & Midcap Fund Regular Growth, Kotak Equity Opportunities Fund Growth, Canara Robeco Emerging Equities Growth, Mirae Asset Large & Midcap Fund Growth. Mirae Asset Large & Midcap Fund Growth has a sharpe ratio of 0.45 & a standard deviation of 14.69%.