Mirae Asset Large & Midcap Fund Direct-Growth
(Scheme Rating)
NAV as of Jul 18, 2025
170.22-0.58%
- Growth - Direct
(Earn upto 0.93% Extra Returns with Direct Plan)
Fund Category:
Equity: Large & MidCap
Expense Ratio:
0.59%(0.52% Category
average)Fund Size:
Rs. 41,201.87 Cr(12.84% of Investment in Category)
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Mirae Asset Large & Midcap Fund Direct-Growth
(Scheme Rating)
NAV as of Jul 18, 2025
170.22-0.58%
Expense Ratio:
0.59%
Fund Size:
Rs. 41,201.87 Cr
Fund Category:
Equity: Large & MidCap
1. Current NAV: The Current Net Asset Value of the Mirae Asset Large & Midcap Fund - Direct Plan as of Jul 18, 2025 is Rs 170.22 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 1.85% (1yr), 19.78% (3yr), 23.93% (5yr) and 22.01% (since launch). Whereas, Category returns for the same time duration are: -3.07% (1yr), 20.87% (3yr) and 23.7% (5yr).
3. Fund Size: The Mirae Asset Large & Midcap Fund - Direct Plan currently holds Assets under Management worth of Rs 41201.87 crore as on Jun 30, 2025.
4. Expense ratio: The expense ratio of the fund is 0.59% for Direct plan as on Jul 17, 2025.
5. Exit Load: Mirae Asset Large & Midcap Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 1 year"
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
Mirae Asset Large & Midcap Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 2.49 10.46 9.32 1.85 19.78 23.93 Category Avg 0.82 8.23 4.64 -3.07 20.87 23.70 Rank within Category 6 6 5 24 25 18 No. of funds within Category 71 69 62 52 34 24 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY Large Midcap 250 Total Return Index
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Mirae Asset Large & Midcap Fund Direct-Growth Fund Details
Investment Objective - To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of large cap and midcap companies at the time of investment.
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | Jan 01, 2013 |
| Benchmark | NIFTY Large Midcap 250 Total Return Index |
| Return Since Launch | 22.01% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Average |
| Return Grade | Below Average |
Mirae Asset Large & Midcap Fund Direct-Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 99.00 |
| Minimum Withdrawal (Rs.) | 1,000.00 |
| Exit Load Exit load of 1% if redeemed within 1 year | |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| JUN 2025 | MAY 2025 | APR 2025 | MAR 2025 | FEB 2025 | JAN 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 95 | 98 | 98 | 101 | 104 | 102 |
| Top 5 Company Holdings | 17.12% | 18.08% | 18.59% | 18.5% | 18.11% | 16.74% |
| Top 10 Company Holdings | 27.04% | 28.13% | 28.37% | 27.18% | 27.43% | 26.05% |
| Company with Highest Exposure | HDFC Bank (5.7%) | HDFC Bank (5.78%) | HDFC Bank (5.69%) | HDFC Bank (5.59%) | HDFC Bank (5.64%) | HDFC Bank (4.61%) |
| Number of Sectors | 16 | 16 | 16 | 16 | 17 | 17 |
| Top 3 Sector Holdings | 43.58% | 43.65% | 46.04% | 46.83% | 46.0% | 44.28% |
| Top 5 Sector Holdings | 59.17% | 59.19% | 61.98% | 60.96% | 60.61% | 59.87% |
| Sector with Highest Exposure | Financial (22.3%) | Financial (23.3%) | Financial (24.95%) | Financial (25.12%) | Financial (24.59%) | Financial (23.87%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 5.13 21.27 92.04 21.78 Axis Bank Financial 4.26 12.24 89.84 -14.94 State Bank of India Financial 3.13 9.47 86.91 -7.42 Larsen & Toubro Construction 2.89 31.69 109.35 -4.25 ICICI Bank Financial 2.5 19.20 74.26 14.19 Kotak Mahindra Bank Financial 2.1 19.24 111.28 17.51 Infosys Technology 2.03 24.66 64.32 -11.54 Tata Motors Automobile 1.98 10.97 62.02 -31.29 Tata Steel Metals & Mining 1.94 59.26 2.74 2.92 Delhivery Services 1.9 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mirae Asset Large & Midcap Fund Direct-Growth 170.22 41,201.87 2.49 1.85 19.78 23.93 Bandhan Large & Mid Cap Fund Direct-Growth 156.31 9,735.36 2.45 4.40 28.52 28.89 UTI Large & Mid Cap Fund Direct-Growth 194.34 4,866.11 2.51 3.75 25.37 28.08 ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth 1,119.94 22,856.59 1.20 6.08 25.27 29.25 Motilal Oswal Large and Midcap Fund Direct - Growth 36.69 11,816.30 1.36 14.48 32.64 30.80
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
14.15VS14.61Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.99VS0.98Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
1.02VS1.18Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
14.64VS17.64Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
0.81VS3.71Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
20.78VS23.57Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Mirae Asset Mutual Fund News
- Mirae Asset Mutual Fund: RIL and Infosys among top 10 stock holdings in June
- NFO Alert: Mirae Asset Mutual Fund launches Nifty India Internet ETF
- Mirae Asset Mutual Fund: ITC and HDFC Bank among top 10 stock holdings in May
- 3 passive mutual NFOs from Mirae Asset Mutual Fund will open for subscription this week
Fund Manager
- N.S.Neelesh SuranaSince Jan 20130 schemes
- A.J.Ankit JainSince Jan 20190 schemes
Mr. Surana is B.E (Mechanical) and MBA in Finance. Prior to joining Mirae Asset AMC he has worked with ASK Investment Managers Pvt Ltd.
No schemes for the Fund Manager
Mr. Jain is a B.Tech (ICT) and MBA (Finance). Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirus Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.
No schemes for the Fund Manager
More Mirae Asset Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Large Cap Fund Direct- Growth | 38,891.55 | 4.59 | 9.33 | 5.35 | 13.64 | 17.55 | |
| Mirae Asset Large & Midcap Fund Direct-Growth | 37,798.82 | 5.97 | 10.90 | 3.29 | 7.71 | 20.02 | |
| Mirae Asset ELSS Tax Saver Fund Direct-Growth | 24,774.08 | 5.70 | 10.49 | 4.73 | 11.72 | 20.59 | |
| Mirae Asset Midcap Fund Direct - Growth | 15,414.99 | 7.71 | 12.35 | 1.50 | 5.62 | 23.21 | |
| Mirae Asset Liquid Fund Direct- Growth | 12,484.80 | 0.51 | 1.78 | 3.59 | 7.36 | 6.98 | |
| Mirae Asset Aggressive Hybrid Fund Direct-Growth | 8,854.07 | 3.87 | 9.32 | 5.34 | 13.03 | 17.68 | |
| Mirae Asset Focused Fund Direct - Growth | 7,649.83 | 6.58 | 9.22 | 2.87 | 15.84 | 15.41 | |
| Mirae Asset Great Consumer Fund Direct-Growth | 4,117.11 | 3.86 | 9.89 | 1.62 | 9.50 | 23.08 | |
| Mirae Asset Multicap Fund Direct - Growth | 3,481.59 | 6.38 | 11.93 | 4.23 | 10.60 | - | |
| Mirae Asset Arbitrage Fund Direct - Growth | 3,054.14 | 0.43 | 1.72 | 3.57 | 7.67 | 7.38 |
Mutual Fund Tools
Top AMCs
1. Mirae Asset Large & Midcap Fund - Direct Plan is Open-ended Large & MidCap Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of large cap and midcap companies at the time of investment. "
2. It is benchmarked against NIFTY Large Midcap 250 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 98.41% in equities, 0.24% in debts and 1.35% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 27.86% of the assets, the top 3 sectors constitute around 43.58% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mirae Asset Large & Midcap Fund Direct-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Mirae Asset Large & Midcap Fund Direct-Growth
- Is it safe to invest in Mirae Asset Large & Midcap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset Large & Midcap Fund - Direct Plan comes under Very High risk category.
- What is the category of Mirae Asset Large & Midcap Fund - Direct Plan?Mirae Asset Large & Midcap Fund - Direct Plan belongs to the Equity : Large & MidCap category of funds.
- How Long should I Invest in Mirae Asset Large & Midcap Fund - Direct Plan?The suggested investment horizon of investing into Mirae Asset Large & Midcap Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mirae Asset Large & Midcap Fund - Direct Plan?The Mirae Asset Large & Midcap Fund - Direct Plan is managed by Gopal Agrawal (Since Jan 01, 2013) , Neelesh Surana (Since Jan 01, 2013) and Ankit Jain (Since Jan 31, 2019).
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