FAQ : Mirae Asset Large Cap Fund - Growth - Direct Plan

Mirae Asset Large Cap Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 27.07 14.94 14.72 13.95
Average Rolling Returns(%) 18.59 16.98 15.57 16.66

The Current NAV of Mirae Asset Large Cap Fund - Growth - Direct Plan is ₹109.09.

You can consider SIP in Mirae Asset Large Cap Fund - Growth - Direct Plan as it has consistently outperformed the benchmark and has a Very good quality portfolio. Funds returns likely to be fairly different than its benchmark NIFTY 100 , as Funds portfolio is somewhat different.

Mirae Asset Large Cap Fund - Growth - Direct Plan fund’s expense ratio is 0.54%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Mirae Asset Large Cap Fund - Growth - Direct Plan is currently ₹37,885 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Reliance Industries and account for 26% of its portfolio. Top 5 and 10 stocks of fund account for 37% and 56% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Large Cap Fund - Growth - Direct Plan fund are BFSI, IT and Construction & Infrastructure accounting for 57% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Large Cap Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset Large Cap Fund - Growth - Direct Plan Fund is Equity - Large Cap Fund.

Gaurav Misra and Gaurav Khandelwal manage the Mirae Asset Large Cap Fund - Growth - Direct Plan Fund.

Mirae Asset Large Cap Fund - Growth - Direct Plan current PE ratio is 35.81 and PB ratio is 6.03

The asset allocation of Mirae Asset Large Cap Fund - Growth - Direct Plan is Stocks : 99.71%, Debt : 0.28% and Gold : 0%

The minimum SIP amount for Mirae Asset Large Cap Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Large Cap Fund - Growth - Direct Plan is 1% on or before 1 year(365 days), Nil after 1 year(365 days)

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.