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 January 31, 2022 | 31,744.58 |
| Net AUM (₹ Cr.) | 31,296.65 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on January 31, 2022 |
Regular Plan: 1.59% Direct Plan: 0.54% |
| **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 | ₹ 85.180 | ₹ 78.225 |
| IDCW | ₹ 52.463 | ₹ 23.613 |
| Volatility | 20.97% |
| Beta: | 0.95 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.66 |
| Information Ratio | -0.18 |
| Portfolio Turnover Ratio^ | 0.20 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 January, 2022. ^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| ICICI Bank Ltd | 9.74% | |
| HDFC Bank Ltd | 8.37% | |
| State Bank of India | 4.82% | |
| Axis Bank Ltd | 4.51% | |
| Equitas Small Finance Bank Limited | 0.08% | |
| Kotak Mahindra Bank Ltd | 0.04% | |
| Software | ||
| Infosys Ltd | 9.42% | |
| Tata Consultancy Services Ltd | 3.16% | |
| HCL Technologies Limited | 2.22% | |
| MphasiS Limited | 1.00% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 6.11% | |
| Hindustan Petroleum Corporation Ltd | 1.01% | |
| Bharat Petroleum Corporation Limited | 0.42% | |
| Pharmaceuticals | ||
| Sun Pharmaceutical Industries Ltd | 2.23% | |
| Dr. Reddy's Laboratories Ltd | 1.71% | |
| Torrent Pharmaceuticals Ltd | 0.69% | |
| Divi's Laboratories Ltd | 0.61% | |
| Biocon Ltd | 0.44% | |
| Ajanta Pharma Ltd | 0.44% | |
| Consumer Durables | ||
| Voltas Ltd | 1.52% | |
| Kajaria Ceramics Ltd | 1.22% | |
| Titan Company Ltd | 1.11% | |
| Havells India Ltd | 0.99% | |
| Crompton Greaves Consumer Electricals Limited | 0.88% | |
| Consumer Non Durables | ||
| Hindustan Unilever Ltd | 2.07% | |
| ITC Ltd | 1.61% | |
| Britannia Industries Ltd | 0.85% | |
| Dabur India Ltd | 0.05% | |
| Auto | ||
| Maruti Suzuki India Ltd | 1.91% | |
| Ashok Leyland Limited | 1.48% | |
| Eicher Motors Ltd | 0.50% | |
| TVS Motor Company Ltd | 0.46% | |
| Insurance | ||
| Max Financial Services Ltd | 1.29% | |
| ICICI Lombard General Insurance Company Limited | 1.07% | |
| HDFC Life Insurance Company Ltd | 0.89% | |
| SBI Life Insurance Company Limited | 0.58% | |
| Finance | ||
| SBI Cards and Payment Services Limited | 1.00% | |
| Muthoot Finance Limited | 0.93% | |
| Housing Development Finance Corporation Ltd | 0.87% | |
| Power Finance Corporation Ltd | 0.60% | |
| Equitas Holdings Ltd | 0.15% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 3.22% | |
| Cement & Cement Products | ||
| Ambuja Cements Limited | 1.81% | |
| Nuvoco Vistas Corporation Limited | 0.80% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 2.46% | |
| Retailing | ||
| Avenue Supermarts Limited | 0.84% | |
| Zomato Limited | 0.45% | |
| Info Edge (India) Ltd | 0.43% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.71% | |
| Chemicals | ||
| Chemplast Sanmar Limited | 0.70% | |
| Vinati Organics Ltd | 0.58% | |
| Power | ||
| NTPC Ltd | 1.11% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 1.10% | |
| Auto Ancillaries | ||
| Sona BLW Precision Forgings Limited | 0.72% | |
| Balkrishna Industries Ltd | 0.31% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 0.86% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Limited | 0.62% | |
| Non - Ferrous Metals | ||
| National Aluminium Company Limited | 0.58% | |
| Financial Technology (FINTECH) | ||
| One 97 Communications Limited | 0.38% | |
| Pesticides | ||
| PI Industries Limited | 0.34% | |
| Industrial Products | ||
| EPL Limited | 0.28% | |
| Equity Holding Total | 98.35% | |
| Cash & Other Receivables | 1.65% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| Positions Increased |
| Stock |
| Consumer Durables |
| Crompton Greaves Consumer Electricals Limited |
| Havells India Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Software |
| HCL Technologies Limited |
| Auto |
| TVS Motor Company Limited |
| Insurance |
| Max Financial Services Limited |
| ICICI Lombard General Insurance Company Limited |
| Finance |
| Muthoot Finance Limited |
| Consumer Non Durables |
| Hindustan Unilever Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Cement & Cement Products |
| Ambuja Cements Limited |
| Positions Decreased |
| Stock |
| Banks |
| ICICI Bank Limited |
| State Bank of India |
| Telecom - Services |
| Bharti Airtel Limited |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Pharmaceuticals |
| Torrent Pharmaceuticals Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Auto |
| Maruti Suzuki India Limited |
| Software |
| Infosys Limited |
| Tata Consultancy Services Limited |
| Consumer Durables |
| Voltas Limited |
| Record Date | IDCW (₹) | Face Value (₹) | Cum Nav (₹) |
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 |
23-Mar-21 |
1.65 per Unit |
10 |
21.616 |
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 | 28.16 |
17.72 |
16.25 |
16.03 |
| Scheme Benchmark* | 28.93 |
18.18 |
16.17 |
11.83 |
| Additional Benchmark** | 26.45 |
18.26 |
17.33 |
11.61 |
| NAV as on 31st January, 2022 | 78.225 | |||
| Index Value (31st January, 2022) | Index Value of Nifty 100 (TRI) is 23,077.13 and S&P BSE Sensex (TRI) is 86,594.54 | |||
| 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-January-2022 |
SI |
1,650,000 |
6,005,672 |
10 Yrs |
1,200,000 |
2,933,507 |
7 Yrs |
840,000 |
1,489,438 |
5 Yrs |
600,000 |
922,252 |
3 Yrs |
360,000 |
504,592 |
1 Yr |
120,000 |
130,576 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
17.23 |
17.02 |
16.06 |
17.21 |
23.16 |
16.66 |
Benchmark Return& (%) |
14.18 |
15.08 |
15.77 |
17.58 |
23.83 |
17.03 |
Add. Benchmark Return& (%) |
14.05 |
15.12 |
16.28 |
18.22 |
23.21 |
16.41 |
& 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 