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 Index (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 May 31, 2023 | 34,350.02 |
| Net AUM (₹ Cr.) | 34,640.46 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on May 31, 2023 |
Regular Plan: 1.55% Direct Plan: 0.56% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 90.079 | ₹ 81.597 |
| IDCW | ₹ 55.478 | ₹ 24.632 |
| Positions Increased |
| Stock |
| Consumer Durables |
| Crompton Greaves Consumer Electricals Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| IT - Software |
| HCL Technologies Limited |
| Infosys Limited |
| Leisure Services |
| Jubilant Foodworks Limited |
| Pharmaceuticals & Biotechnology |
| Sun Pharmaceutical Industries Limited |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Positions Decreased |
| Stock |
| Agricultural, Commercial & Construction Vehicles |
| Ashok Leyland Limited |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Automobiles |
| Eicher Motors Limited |
| Maruti Suzuki India Limited |
| TVS Motor Company Limited |
| Banks |
| Axis Bank Limited |
| Bank of Baroda |
| ICICI Bank Limited |
| State Bank of India |
| Capital Markets |
| Indian Energy Exchange Limited |
| Consumer Durables |
| Havells India Limited |
| Kajaria Ceramics Limited |
| Titan Company Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| ITC Limited |
| Finance |
| SBI Cards and Payment Services Limited |
| Food Products |
| Britannia Industries Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Insurance |
| ICICI Lombard General Insurance Company Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Pharmaceuticals & Biotechnology |
| Biocon Limited |
| Retailing |
| Zomato Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 10.48% |
| ICICI Bank Ltd | 8.51% |
| Axis Bank Ltd | 4.94% |
| State Bank of India | 3.29% |
| Kotak Mahindra Bank Ltd | 0.45% |
| Bank of Baroda | 0.20% |
| IT - Software | |
| Infosys Ltd | 7.06% |
| HCL Technologies Limited | 2.70% |
| Tata Consultancy Services Ltd | 2.26% |
| MphasiS Limited | 0.52% |
| Petroleum Products | |
| Reliance Industries Ltd | 8.24% |
| Hindustan Petroleum Corporation Ltd | 0.24% |
| Diversified FMCG | |
| Hindustan Unilever Ltd | 2.62% |
| ITC Ltd | 2.23% |
| Consumer Durables | |
| Kajaria Ceramics Ltd | 1.25% |
| Crompton Greaves Consumer Electricals Limited | 1.05% |
| Havells India Ltd | 1.01% |
| Titan Company Ltd | 0.95% |
| Voltas Ltd | 0.58% |
| Asian Paints Ltd | 0.01% |
| Finance | |
| Housing Development Finance Corporation Ltd | 3.06% |
| SBI Cards and Payment Services Limited | 1.64% |
| Bajaj Finserv Limited | 0.10% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 2.45% |
| Biocon Ltd | 0.66% |
| Torrent Pharmaceuticals Ltd | 0.62% |
| Gland Pharma Limited | 0.53% |
| Divi's Laboratories Ltd | 0.01% |
| Dr. Reddy's Laboratories Ltd | 0.01% |
| Telecom - Services | |
| Bharti Airtel Ltd | 3.92% |
| Automobiles | |
| Maruti Suzuki India Ltd | 2.47% |
| TVS Motor Company Ltd | 0.39% |
| Eicher Motors Ltd | 0.35% |
| Construction | |
| Larsen & Toubro Ltd | 2.95% |
| Insurance | |
| SBI Life Insurance Company Limited | 0.99% |
| Max Financial Services Ltd | 0.97% |
| ICICI Lombard General Insurance Company Limited | 0.78% |
| HDFC Life Insurance Company Ltd | 0.04% |
| Retailing | |
| FSN E-Commerce Ventures Limited | 1.20% |
| Zomato Limited | 0.79% |
| Avenue Supermarts Limited | 0.64% |
| Cement & Cement Products | |
| Nuvoco Vistas Corporation Limited | 0.54% |
| UltraTech Cement Limited | 0.51% |
| Ambuja Cements Limited | 0.49% |
| Power | |
| NTPC Ltd | 1.33% |
| Financial Technology (Fintech) | |
| One 97 Communications Limited | 1.11% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Limited | 1.09% |
| Chemicals & Petrochemicals | |
| Chemplast Sanmar Limited | 0.52% |
| Vinati Organics Ltd | 0.48% |
| Auto Components | |
| Sona BLW Precision Forgings Limited | 0.96% |
| Balkrishna Industries Ltd | 0.00% |
| Ferrous Metals | |
| Tata Steel Ltd | 0.93% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 0.93% |
| Leisure Services | |
| Jubilant Foodworks Limited | 0.89% |
| Fertilizers & Agrochemicals | |
| PI Industries Limited | 0.82% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Limited | 0.77% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 0.71% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.66% |
| Industrial Products | |
| EPL Limited | 0.60% |
| Personal Products | |
| Dabur India Ltd | 0.29% |
| Food Products | |
| Britannia Industries Ltd | 0.27% |
| Equity Holding Total | 97.08% |
| Cash & Other Receivables | 2.92% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MALCF | 9.87% | 23.88% | 11.68% | 14.85% |
| Scheme Benchmark* | 11.07% | 24.96% | 12.06% | 11.22% |
| Additional Benchmark** | 14.05% | 26.02% | 13.48% | 11.23% |
| NAV as on 31st May, 2023 | ₹ 81.597 | |||
| Index Value (31st May, 2023) | Index Value of Nifty 100 Index (TRI) is 24,638.90 and S&P BSE Sensex (TRI) is 95,211.42 |
|||
| Allotment Date | 4th April, 2008 | |||
| Scheme Benchmark | *NIFTY 100 Index (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.
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
| Period | Total Amount Invested | Mkt Value as on 31-May-2023 |
SI |
18,10,000 | 64,33,140 |
10 Yrs |
12,00,000 | 24,60,077 |
7 Yrs |
8,40,000 | 13,13,814 |
5 Yrs |
6,00,000 | 8,32,851 |
3 Yrs |
3,60,000 | 4,31,353 |
1 Yr |
1,20,000 | 1,26,083 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
15.34 | 13.76 | 12.57 | 13.09 | 12.13 | 9.58 |
Benchmark Return& (%) |
12.93 | 13.03 | 13.28 | 14.11 | 13.52 | 10.59 |
Add. Benchmark Return& (%) |
13.15 | 13.67 | 14.54 | 15.14 | 14.93 | 13.79 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 13.62% |
| Beta: | 0.87 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 1.29 |
| Information Ratio | -0.34 |
| Portfolio Turnover Ratio | 0.23 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 May, 2023. ^Basis last rolling 12 months. |
|
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.
| Regular Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
23-Mar-21 |
1.65 |
10.00 |
21.62 |
| Direct Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
15-Mar-21 |
3.65 |
10.00 |
47.60 |
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 & Direct Plan - IDCW Option