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Mirae Asset Large & Midcap Fund-Reg(G)

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(%) 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 - Regular Plan - Growth is ₹146.60.

You can consider SIP in Mirae Asset Large & Midcap Fund - Regular Plan - Growth 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 - Regular Plan - Growth fund’s expense ratio is 1.27%

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 ₹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 - Regular Plan - Growth 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 - 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 36.01 and PB ratio is 6.51

The asset allocation of Mirae Asset Large & Midcap Fund - Regular Plan - Growth is Stocks : 98.60%, Debt : 1.20% and Gold : 0.19%

The minimum SIP amount for Mirae Asset Large & Midcap Fund - Regular Plan - Growth is ₹99.00 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)