FAQ : Mirae Asset Large & Midcap Fund - Regular Plan - Growth

Mirae Asset Large & Midcap Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 39.3 17.95 19.29 17.92
Average Rolling Returns(%) 24.86 24.15 22.07 21.99

The Current NAV of Mirae Asset Large & Midcap Fund - Regular Plan - Growth is ₹132.93.

You can consider SIP in Mirae Asset Large & Midcap Fund - Regular Plan - Growth as it has consistently outperformed the benchmark and has a Somewhat Good quality portfolio. Funds returns are more likely to be different than its benchmark NIFTY 200 returns, as Funds portfolio is significantly different.

Mirae Asset Large & Midcap Fund - Regular Plan - Growth fund’s expense ratio is 1.56%

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 & Midcap Fund - Regular Plan - Growth is currently ₹33,619 Crores.

The Top three stocks are HDFC Bank, SBI and ICICI Bank and account for 12% of its portfolio. Top 5 and 10 stocks of fund account for 18% and 30% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Large & Midcap Fund - Regular Plan - Growth fund are BFSI, Construction & Infrastructure and Healthcare accounting for 48% 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 - Regular Plan - Growth Fund is Equity - Large & Mid Cap Fund.

Neelesh Surana and Ankit Jain manage the Mirae Asset Large & Midcap Fund - Regular Plan - Growth Fund.

Mirae Asset Large & Midcap Fund - Regular Plan - Growth current PE ratio is 33.01 and PB ratio is 6.26

The asset allocation of Mirae Asset Large & Midcap Fund - Regular Plan - Growth is Stocks : 98.93%, Debt : 1.08% and Gold : 0%

The minimum SIP amount for Mirae Asset Large & Midcap Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹5000.00

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

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