MIRAE ASSET
LARGE CAP FUND - (MALCF)
(Large Cap Fund - An open ended equity scheme predominantly investing across large cap stocks) | Type of Scheme | Large Cap Fund - An open ended equity scheme predominantly investing across large cap stocks |
| Investment 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. The Scheme does not guarantee or assure any returns. |
Fund Managers** |
Mr. Gaurav Misra
(since January 31, 2019), and Mr. Gaurav Khandelwal (since October 18, 2021) |
| Allotment Date | 04th April, 2008 |
| Benchmark Index | NIFTY 100 (TRI) |
| Minimum Investment Amount |
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: Minimum of ₹ 1000/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option. |
| Load Structure | Entry load: NA Exit load: I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil. b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): •If redeemed within 1 year (365 days) from the date of allotment: 1% •If redeemed after 1 year (365 days) from the date of allotment: NIL II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out): •If redeemed within 1 year (365 days) from the date of allotment: 1% •If redeemed after 1 year (365 days) from the date of allotment: NIL |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option and IDCW^ Option (Payout & Re-investment) |
| Monthly Average AUM (₹ Cr.) as on December 31, 2021 | 30,541.57 |
| Net AUM (₹ Cr.) | 31,128.95 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on December 31, 2021 |
Regular Plan: 1.61% Direct Plan: 0.51% |
| **For experience of Fund Managers Click Here | |
| ^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. | |
| NAV: | Direct | Regular |
| Growth | ₹ 85.759 | ₹ 78.827 |
| IDCW | ₹ 52.820 | ₹ 23.795 |
| Volatility | 20.95% |
| Beta: | 0.95 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.68 |
| Information Ratio | -0.04 |
| Portfolio Turnover Ratio^ | 0.21 times |
@The Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio are calculated on returns from last three years Monthly data points. # Risk free rate: FBIL OVERNIGHT MIBOR as on 31st December, 2021. ^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| ICICI Bank Ltd | 9.24% | |
| HDFC Bank Ltd | 8.38% | |
| State Bank of India | 4.19% | |
| Axis Bank Ltd | 3.98% | |
| Equitas Small Finance Bank Ltd | 0.09% | |
| Kotak Mahindra Bank Ltd | 0.04% | |
| Software | ||
| Infosys Ltd | 10.30% | |
| Tata Consultancy Services Ltd | 3.27% | |
| HCL Technologies Ltd | 2.41% | |
| MphasiS Ltd | 1.10% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 6.10% | |
| Hindustan Petroleum Corporation Ltd | 0.89% | |
| Bharat Petroleum Corporation Ltd | 0.46% | |
| Pharmaceuticals | ||
| Sun Pharmaceutical Industries Ltd | 2.27% | |
| Dr. Reddy's Laboratories Ltd | 1.96% | |
| Torrent Pharmaceuticals Ltd | 0.86% | |
| Divi's Laboratories Ltd | 0.71% | |
| Ajanta Pharma Ltd | 0.44% | |
| Biocon Ltd | 0.44% | |
| Consumer Durables | ||
| Voltas Ltd | 1.60% | |
| Titan Company Ltd | 1.19% | |
| Kajaria Ceramics Ltd | 1.18% | |
| Havells India Ltd | 1.00% | |
| Crompton Greaves Consumer Electricals Ltd | 0.39% | |
| Consumer Non Durables | ||
| Hindustan Unilever Ltd | 2.04% | |
| ITC Ltd | 1.61% | |
| Britannia Industries Ltd | 0.87% | |
| Dabur India Ltd | 0.06% | |
| Auto | ||
| Maruti Suzuki India Ltd | 1.78% | |
| Ashok Leyland Ltd | 1.38% | |
| Eicher Motors Ltd | 0.50% | |
| TVS Motor Company Ltd | 0.37% | |
| Insurance | ||
| Max Financial Services Ltd | 1.23% | |
| ICICI Lombard General Insurance Company Ltd | 1.09% | |
| HDFC Life Insurance Company Ltd | 0.93% | |
| SBI Life Insurance Company Ltd | 0.57% | |
| Finance | ||
| SBI Cards and Payment Services Ltd | 1.06% | |
| Housing Development Finance Corporation Ltd | 0.90% | |
| Muthoot Finance Ltd | 0.80% | |
| Power Finance Corporation Ltd | 0.60% | |
| Equitas Holdings Ltd | 0.16% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 3.08% | |
| Cement & Cement Products | ||
| Ambuja Cements Ltd | 1.87% | |
| Nuvoco Vistas Corporation Ltd | 0.89% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 2.45% | |
| Retailing | ||
| Avenue Supermarts Ltd | 0.96% | |
| Zomato Ltd | 0.68% | |
| Info Edge (India) Ltd | 0.49% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.44% | |
| Chemicals | ||
| Chemplast Sanmar Ltd | 0.70% | |
| Vinati Organics Ltd | 0.58% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 1.19% | |
| Auto Ancillaries | ||
| Sona BLW Precision Forgings Ltd | 0.84% | |
| Balkrishna Industries Ltd | 0.31% | |
| Power | ||
| NTPC Ltd | 0.98% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 0.88% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Ltd | 0.67% | |
| Financial Technology (FINTECH) | ||
| One 97 Communications Ltd | 0.55% | |
| Non - Ferrous Metals | ||
| National Aluminium Company Ltd | 0.54% | |
| Pesticides | ||
| PI Industries Ltd | 0.42% | |
| Industrial Products | ||
| EPL Ltd | 0.30% | |
| Equity Holding Total | 98.25% | |
| Cash & Other Receivables | 1.75% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| Positions Exited |
| Stock |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Financial Technology (FINTECH) |
| PB Fintech Limited |
| Positions Increased |
| Stock |
| Banks |
| ICICI Bank Limited |
| State Bank of India |
| Capital Markets |
| Indian Energy Exchange Limited |
| Cement & Cement Products |
| Ambuja Cements Limited |
| Consumer Non Durables |
| Britannia Industries Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Financial Technology (FINTECH) |
| One 97 Communications Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Pharmaceuticals |
| Sun Pharmaceutical Industries Limited |
| Software |
| HCL Technologies Limited |
| Positions Decreased |
| Stock |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Software |
| Tata Consultancy Services Limited |
| Auto Ancillaries |
| Sona BLW Precision Forgings Limited |
| Software |
| Infosys Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Pharmaceuticals |
| Torrent Pharmaceuticals Limited |
| Ajanta Pharma Limited |
| Record Date | IDCW (₹) | Face Value (₹) | Cum Nav (₹) |
27-Jan-14 |
1.20 per Unit |
10 |
13.196 |
13-Feb-15 |
1.60 per Unit |
10 |
19.709 |
11-Mar-16 |
1.35 per Unit |
10 |
16.616 |
26-Jul-16 |
1.50per Unit |
10 |
17.922 |
24-Jul-17 |
1.70 per Unit |
10 |
19.049 |
12-Mar-18 |
2.00 per Unit |
10 |
19.938 |
06-Dec-18 |
1.60 per Unit |
10 |
18.697 |
16-Dec-19 |
1.50 per Unit |
10 |
18.902 |
Past Performance may or may not be sustained in future. Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the extent of payout and statutory levy (if any). IDCW history is for MALCF- Regular Plan - IDCW Option
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MALCF | 27.74 |
17.84 |
17.63 |
16.20 |
| Scheme Benchmark* | 26.45 |
17.94 |
17.45 |
11.94 |
| Additional Benchmark** | 23.23 |
18.62 |
18.31 |
11.72 |
| NAV as on 31st December, 2021 | 78.827 | |||
| Index Value (31st December, 2021) | Index Value of Nifty 100 (TRI) is 23,165.73 and S&P BSE Sensex (TRI) is 86,926.99 | |||
| Allotment Date | 4th April, 2008 | |||
| Scheme Benchmark | *NIFTY 100 (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2. Fund managers : Mr. Gaurav Khandelwal (since October 18, 2021) and Mr. Gaurav Misra (since January 31, 2019)
| Period | Total Amount Invested | Mkt Value as on 31-December-2021 |
SI |
1,640,000 |
6,042,044 |
10 Yrs |
1,200,000 |
3,002,538 |
7 Yrs |
840,000 |
1,516,363 |
5 Yrs |
600,000 |
942,025 |
3 Yrs |
360,000 |
514,966 |
1 Yr |
120,000 |
134,463 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
17.50 |
17.46 |
16.57 |
18.09 |
24.67 |
23.03 |
Benchmark Return& (%) |
14.37 |
15.40 |
16.14 |
18.29 |
25.06 |
22.36 |
Add. Benchmark Return& (%) |
14.24 |
15.43 |
16.64 |
18.96 |
24.48 |
21.24 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
This product is suitable for investors who are seeking*
• To generate long term capital appreciation / income
• Investment predominantly in Large Cap companies
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund managers are given in the respective page of the schemes 