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(%) | 40.62 | 19.11 | 20.49 | 19 |
Average Rolling Returns(%) | 26.13 | 23.45 | 20.91 | 23.01 |
The Current NAV of Mirae Asset Large & Midcap Fund - Growth - Direct Plan is ₹148.16.
You can consider SIP in Mirae Asset Large & Midcap Fund - Growth - Direct Plan as it has consistently outperformed the benchmark and has a Somewhat Good quality portfolio. Funds returns likely to be fairly different than its benchmark NIFTY 200 , as Funds portfolio is somewhat different.
Mirae Asset Large & Midcap Fund - Growth - Direct Plan fund’s expense ratio is 0.65%
The process for redemption is
The AUM of Mirae Asset Large & Midcap Fund - Growth - Direct Plan 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 - Growth - Direct Plan 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 - 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 33.01 and PB ratio is 6.26
The asset allocation of Mirae Asset Large & Midcap Fund - Growth - Direct Plan is Stocks : 98.93%, Debt : 1.08% and Gold : 0%
The minimum SIP amount for Mirae Asset Large & Midcap Fund - Growth - Direct Plan is ₹500.00 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)