Mirae Asset Large & Midcap Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
| 1 Year | 3 Year | 5 Year | 9 Year | |
| CAGR(%) | N/A | 9.63 | 8.8 | 13.63 |
| Average Rolling Returns(%) | 20.09 | 19.35 | 21.05 | 20.39 |
The Current NAV of Mirae Asset Large & Midcap Fund - Growth - Direct Plan is ₹166.57.
You can consider SIP in Mirae Asset Large & Midcap Fund - Growth - Direct Plan as it has outperformed the benchmark most of the time and has a Somewhat good quality portfolio. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.
Mirae Asset Large & Midcap Fund - Growth - Direct Plan fund’s expense ratio is 0.50%
The process for redemption is
The AUM of Mirae Asset Large & Midcap Fund - Growth - Direct Plan is currently ₹42,834 Crores.
The Top three stocks are HDFC Bank, Laurus Labs and ICICI Bank and account for 14% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 33% of fund’s portfolio respectively.
Top three sectors of Mirae Asset Large & Midcap Fund - Growth - Direct Plan fund are BFSI, Healthcare and Auto accounting for 50% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Large & Mid 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 & Midcap Fund - Growth - Direct Plan Fund is Equity - Large & Mid Cap Fund.
Neelesh Surana and Ankit Jain manage the Mirae Asset Large & Midcap Fund - Growth - Direct Plan Fund.
Mirae Asset Large & Midcap Fund - Growth - Direct Plan current PE ratio is 36.46 and PB ratio is 6.90
The asset allocation of Mirae Asset Large & Midcap Fund - Growth - Direct Plan is Stocks : 98.60%, Debt : 1.20% and Gold : 0.19%
The minimum SIP amount for Mirae Asset Large & Midcap Fund - Growth - Direct Plan is ₹99.00 and minimum lumpsum is ₹5000.00
The exit load for Mirae Asset Large & Midcap Fund - Growth - Direct Plan is 1% on or before 1 year(365 days), Nil after 1 year(365 days)