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 Febraury 28, 2022 | 31,139.11 |
| Net AUM (₹ Cr.) | 30,348.97 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on Febraury 28, 2022 |
Regular Plan: 1.60% Direct Plan: 0.56% |
| **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 | ₹ 81.560 | ₹ 74.840 |
| IDCW | ₹ 50.234 | ₹ 22.591 |
| Volatility | 21.19% |
| Beta: | 0.95 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.61 |
| Information Ratio | -0.30 |
| Portfolio Turnover Ratio | 0.19 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 28th February, 2022. ^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| ICICI Bank Ltd | 9.45% | |
| HDFC Bank Ltd | 8.28% | |
| Axis Bank Ltd | 4.46% | |
| State Bank of India | 4.40% | |
| Equitas Small Finance Bank Limited | 0.08% | |
| Kotak Mahindra Bank Ltd | 0.05% | |
| Software | ||
| Infosys Ltd | 9.67% | |
| Tata Consultancy Services Ltd | 2.93% | |
| HCL Technologies Limited | 2.44% | |
| MphasiS Limited | 1.03% | |
| Petroleum Products | ||
| Reliance Industries Ltd | 6.44% | |
| Hindustan Petroleum Corporation Ltd | 1.15% | |
| Consumer Durables | ||
| Voltas Ltd | 1.67% | |
| Titan Company Ltd | 1.23% | |
| Crompton Greaves Consumer Electricals Limited | 1.16% | |
| Havells India Ltd | 1.11% | |
| Kajaria Ceramics Ltd | 1.02% | |
| Pharmaceuticals | ||
| Sun Pharmaceutical Industries Ltd | 2.33% | |
| Dr. Reddy's Laboratories Ltd | 1.66% | |
| Torrent Pharmaceuticals Ltd | 0.74% | |
| Divi's Laboratories Ltd | 0.52% | |
| Biocon Ltd | 0.48% | |
| Ajanta Pharma Ltd | 0.34% | |
| Consumer Non Durables | ||
| Hindustan Unilever Ltd | 2.04% | |
| ITC Ltd | 1.90% | |
| Britannia Industries Ltd | 0.85% | |
| Dabur India Ltd | 0.01% | |
| Auto | ||
| Maruti Suzuki India Ltd | 1.90% | |
| Ashok Leyland Limited | 1.37% | |
| TVS Motor Company Ltd | 0.67% | |
| Eicher Motors Ltd | 0.51% | |
| Insurance | ||
| Max Financial Services Ltd | 1.16% | |
| ICICI Lombard General Insurance Company Limited | 1.02% | |
| HDFC Life Insurance Company Ltd | 0.79% | |
| SBI Life Insurance Company Limited | 0.61% | |
| Finance | ||
| Muthoot Finance Limited | 1.04% | |
| SBI Cards and Payment Services Limited | 0.92% | |
| Housing Development Finance Corporation Ltd | 0.84% | |
| Power Finance Corporation Ltd | 0.56% | |
| Equitas Holdings Ltd | 0.16% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 3.11% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 2.41% | |
| Cement & Cement Products | ||
| Ambuja Cements Limited | 1.75% | |
| Nuvoco Vistas Corporation Limited | 0.63% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 2.04% | |
| Retailing | ||
| Avenue Supermarts Limited | 0.91% | |
| Zomato Limited | 0.41% | |
| Info Edge (India) Ltd | 0.21% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 1.35% | |
| Chemicals | ||
| Chemplast Sanmar Limited | 0.62% | |
| Vinati Organics Ltd | 0.56% | |
| Power | ||
| NTPC Ltd | 1.07% | |
| Auto Ancillaries | ||
| Sona BLW Precision Forgings Limited | 0.82% | |
| Balkrishna Industries Ltd | 0.25% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 1.04% | |
| Pesticides | ||
| PI Industries Limited | 0.71% | |
| Non - Ferrous Metals | ||
| National Aluminium Company Limited | 0.66% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Limited | 0.61% | |
| Financial Technology (FINTECH) | ||
| One 97 Communications Limited | 0.34% | |
| Industrial Products | ||
| EPL Limited | 0.24% | |
| Equity Holding Total | 98.74% | |
| Cash & Other Receivables | 1.26% | |
| Total | 100.00% | |
| Positions Exited |
| Stock |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Positions Increased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Consumer Non Durables |
| ITC Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Reliance Industries Limited |
| Consumer Durables |
| Crompton Greaves Consumer Electricals Limited |
| Havells India Limited |
| Cement & Cement Products |
| Ambuja Cements Limited |
| Auto |
| TVS Motor Company Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Pesticides |
| PI Industries Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| HDFC Life Insurance Company Limited |
| Auto Ancillaries |
| Sona BLW Precision Forgings Limited |
| Finance |
| Muthoot Finance Limited |
| Pharmaceuticals |
| Biocon Limited |
| Software |
| HCL Technologies Limited |
| Infosys Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Positions Decreased |
| Stock |
| Consumer Non Durables |
| Dabur India Limited |
| Pharmaceuticals |
| Divi's Laboratories Limited |
| Ajanta Pharma Limited |
| Software |
| Tata Consultancy Services Limited |
| Retailing |
| Info Edge (India) Limited |
| Banks |
| State Bank of India |
| Axis Bank Limited |
| Record Date | IDCW (₹) | Face Value (₹) | Cum Nav (₹) |
06-Dec-18 |
1.42 per Unit |
10 |
18.190 |
16-Dec-19 |
1.33 per Unit |
10 |
19.115 |
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 | 14.65% |
16.29% |
14.25% |
15.57% |
| Scheme Benchmark* | 17.26% |
17.12% |
14.57% |
11.53% |
| Additional Benchmark** | 15.65% |
17.49% |
15.73% |
11.30% |
| NAV as on 28th February, 2022 | 74.840 | |||
| Index Value (28th February, 2022) | Index Value of Nifty 100 (TRI) is 22,415.83 and S&P BSE Sensex (TRI) is 84,075.57 | |||
| Allotment Date | 4th April, 2008 | |||
| Scheme Benchmark | *NIFTY 100 (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund managers : Mr. Gaurav Khandelwal (since October 18, 2021) and Mr. Gaurav Misra (since January 31, 2019)
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
| Period | Total Amount Invested | Mkt Value as on 31-January-2022 |
SI |
1,660,000 |
5,755,241 |
10 Yrs |
1,200,000 |
2,768,230 |
7 Yrs |
840,000 |
1,411,702 |
5 Yrs |
600,000 |
871,905 |
3 Yrs |
360,000 |
476,643 |
1 Yr |
120,000 |
122,599 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
16.52 |
15.96 |
14.59 |
14.96 |
19.15 |
4.07 |
Benchmark Return& (%) |
13.68 |
14.35 |
14.76 |
15.95 |
20.89 |
7.29 |
Add. Benchmark Return& (%) |
13.54 |
14.39 |
15.25 |
16.53 |
20.22 |
7.06 |
& 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 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option