Mirae Asset Large Cap Fund - Growth Plan
(Erstwhile Mirae Asset India Equity Fund - Growth Plan)
Fund House: Mirae Asset Mutual Fund| Category: Equity: Large Cap |
| Launch Date: 01-04-2008 |
| Asset Class: Equity |
| Benchmark: NIFTY 100 TRI |
| Expense Ratio: 1.72% As on (31-05-2020) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 15,174.51 Cr As on (31-05-2020) |
| Turn over: 21% | Exit Load: 1% for redemption within 365 days |
48.382
-0.15 (-0.3038%)
13.71%
NIFTY 100 TRI 16.31%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme aims to maximize long term capital appreciation by finding investment opportunities resulting from Indian economic growth and its structural shifts through investing in equity and equity related securities.
Current Asset Allocation (%)
Indicators
| Volatility | 13.71 |
| Sharp Ratio | 1.1 |
| Alpha | 4.66 |
| Beta | 1.06 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Mirae Asset Large Cap Fund - Growth Plan | 01-04-2008 | -4.85 | 0.9 | 3.73 | 8.09 | 12.27 |
| Canara Robeco Bluechip Equity Fund - Regular Plan - Growth | 01-08-2010 | 4.34 | 4.59 | 7.28 | 7.92 | - |
| JM Large Cap Fund-Growth | 01-04-1995 | 2.2 | 2.02 | 3.17 | 4.02 | 6.43 |
| Axis Bluechip Fund - Regular Plan - Growth | 01-01-2010 | 1.89 | 3.15 | 9.25 | 8.77 | 10.51 |
| BNP PARIBAS LARGE CAP Fund-Growth Option | 23-09-2004 | 0.95 | 3.21 | 3.59 | 5.51 | 10.92 |
| IDBI India Top 100 Equity Fund Growth | 15-05-2012 | -0.72 | -0.13 | 0.4 | 3.67 | - |
| LIC MF Large Cap Fund-Regular Plan-Growth | 31-08-1994 | -1.69 | -0.01 | 3.12 | 4.23 | 7.53 |
| Kotak Bluechip Fund - Growth | 29-12-1998 | -1.7 | 0.56 | 2.66 | 5.55 | 8.58 |
| UTI - Master Share-Growth Option | 18-10-1986 | -2.58 | -0.83 | 3.03 | 5.17 | 8.63 |
| IDFC Large Cap Fund-Regular Plan-Growth | 09-06-2006 | -2.58 | -1.06 | 2.06 | 5.15 | 7.48 |
Scheme Characteristics
Minimum investment in equity & equity related instruments of large cap companies - 80% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
2.28%
Others
1.77%
Large Cap
85.22%
Mid Cap
10.77%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
