Mirae Asset Large Cap Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 116.189   -0.043(-0.037 %) NAV as on 19 Jun 2024
Prime Rating: 3 
Prime Recommendation: Upgrade to see

Fund type:
Equity
AUM (in crores):
₹ 37,631.07
Fund category:
Large Cap Fund
Fund manager(s):
Gaurav Misra
Benchmark:
NIFTY 100 - TRI
Minimum investment:
₹ 5000
Launch date:
01 Jan 2013
Min. additional investment:
₹ 1000
Expense ratio:
0.55 %
Exit load:
1% on or before 1Y(365D), Nil after 1Y(365D)

Scheme Objective: The investment objective of the scheme is to generate long term capital appreciation by capitalizing on potential investment opportunities by predominantly investing in equities of large cap companies.


Performance (As on 19 Jun 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme11.33 % 26.64 % 15.13 %16.47 % 17.20 %
NIFTY 10013.77 % 31.23 % 15.59 %15.90 % N/A

Portfolio

Top 10 stock holdings
Allocation (%)
HDFC Bank Limited
9.98%
Reliance Industries Limited
7.71%
ICICI Bank Limited
7.47%
Infosys Limited
6.17%
Axis Bank Limited
5.11%
Kotak Mahindra Bank Limited
4%
Larsen & Toubro Limited
3.95%
State Bank of India
3.81%
Bharti Airtel Limited
3.64%
ITC Limited
3.12%

About this category

Large-cap funds invest at least 80% of their portfolio in stocks whose market capitalisations are within the top 100. As they invest in stocks of large companies, they tend to have lower volatility compared to funds that invest in stocks of smaller companies. The Nifty 100 or the BSE 100 index are typically the market indices against which performance can be measured.

Suitability

Large-cap funds suit investors of all risk appetites. The minimum period for which these funds need to be held is 5 years.

Taxation

Short-term: Holding period is less than 12 months.

Taxation: Capital gains are taxed at 15%


Long-term: Holding period is 12 months or more.

Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.

How are mutual funds taxed?

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