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 July 31, 2023 | 35,623.80 |
| Net AUM (₹ Cr.) | 35,880.14 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on July 31, 2023 |
Regular Plan: 1.54% Direct Plan: 0.55% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 96.478 | ₹ 87.249 |
| IDCW | ₹ 59.419 | ₹ 26.338 |
| New Position Bought |
| Stock |
| Banks |
| The Federal Bank Limited |
| Chemicals & Petrochemicals |
| SRF Limited |
| Positions Increased |
| Stock |
| Banks |
| Axis Bank Limited |
| HDFC Bank Limited |
| Kotak Mahindra Bank Limited |
| Finance |
| Shriram Finance Limited |
| Pharmaceuticals & Biotechnology |
| Biocon Limited |
| Gland Pharma Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Agricultural, Commercial & Construction Vehicles |
| Ashok Leyland Limited |
| Banks |
| State Bank of India |
| Cement & Cement Products |
| UltraTech Cement Limited |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Titan Company Limited |
| Finance |
| Bajaj Finserv Limited |
| Food Products |
| Britannia Industries Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| IT - Software |
| Infosys Limited |
| Tata Consultancy Services Limited |
| Non - Ferrous Metals |
| National Aluminium Company Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Pharmaceuticals & Biotechnology |
| Sun Pharmaceutical Industries Limited |
| Torrent Pharmaceuticals Limited |
| Retailing |
| Zomato Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Limited | 12.71% |
| ICICI Bank Limited | 8.99% |
| Axis Bank Limited | 4.68% |
| State Bank of India | 3.41% |
| Kotak Mahindra Bank Limited | 1.23% |
| Bank of Baroda | 0.21% |
| The Federal Bank Limited | 0.19% |
| IT - Software | |
| Infosys Limited | 7.03% |
| HCL Technologies Limited | 2.60% |
| Tata Consultancy Services Limited | 2.17% |
| MphasiS Limited | 0.60% |
| Petroleum Products | |
| Reliance Industries Limited | 7.58% |
| Hindustan Petroleum Corporation Limited | 0.01% |
| Diversified FMCG | |
| Hindustan Unilever Limited | 2.43% |
| ITC Limited | 2.25% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Limited | 2.30% |
| Gland Pharma Limited | 0.85% |
| Biocon Limited | 0.77% |
| Torrent Pharmaceuticals Limited | 0.59% |
| Divi's Laboratories Limited | 0.01% |
| Dr. Reddy's Laboratories Limited | 0.01% |
| Telecom - Services | |
| Bharti Airtel Limited | 3.82% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Limited | 1.09% |
| Kajaria Ceramics Limited | 1.06% |
| Havells India Limited | 0.90% |
| Voltas Limited | 0.53% |
| Titan Company Limited | 0.19% |
| Asian Paints Limited | 0.01% |
| Construction | |
| Larsen & Toubro Limited | 3.46% |
| Automobiles | |
| Maruti Suzuki India Limited | 2.50% |
| TVS Motor Company Limited | 0.40% |
| Eicher Motors Limited | 0.31% |
| Insurance | |
| Max Financial Services Limited | 1.08% |
| SBI Life Insurance Company Limited | 1.04% |
| ICICI Lombard General Insurance Company Limited | 0.89% |
| HDFC Life Insurance Company Limited | 0.04% |
| Finance | |
| SBI Cards and Payment Services Limited | 1.48% |
| Reliance Strategic Investments Limited | 0.80% |
| Shriram Finance Limited | 0.54% |
| Bajaj Finserv Limited | 0.01% |
| Retailing | |
| FSN E-Commerce Ventures Limited | 1.38% |
| Avenue Supermarts Limited | 0.67% |
| Zomato Limited | 0.61% |
| Power | |
| NTPC Limited | 1.61% |
| Cement & Cement Products | |
| Nuvoco Vistas Corporation Limited | 0.57% |
| Ambuja Cements Limited | 0.52% |
| UltraTech Cement Limited | 0.43% |
| Chemicals & Petrochemicals | |
| Chemplast Sanmar Limited | 0.49% |
| Vinati Organics Limited | 0.46% |
| SRF Limited | 0.32% |
| Financial Technology (Fintech) | |
| One 97 Communications Limited | 1.23% |
| Ferrous Metals | |
| Tata Steel Limited | 1.05% |
| Auto Components | |
| Sona BLW Precision Forgings Limited | 0.98% |
| Balkrishna Industries Limited | 0.00% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Limited | 0.91% |
| Industrial Products | |
| EPL Limited | 0.72% |
| Timken India Limited | 0.17% |
| Leisure Services | |
| Jubilant Foodworks Limited | 0.85% |
| Fertilizers & Agrochemicals | |
| PI Industries Limited | 0.79% |
| Capital Markets | |
| Indian Energy Exchange Limited | 0.72% |
| Aerospace & Defense | |
| Bharat Electronics Limited | 0.54% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.54% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Limited | 0.32% |
| Personal Products | |
| Dabur India Limited | 0.29% |
| Food Products | |
| Britannia Industries Limited | 0.26% |
| Equity Holding Total | 97.17% |
| Cash & Other Receivables | 2.83% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MALCF | 13.68% | 20.59% | 12.19% | 15.18% |
| Scheme Benchmark* | 14.08% | 21.95% | 12.35% | 11.58% |
| Additional Benchmark** | 16.93% | 22.38% | 13.42% | 11.57% |
| NAV as on 31st July, 2023 | ₹ 87.249 | |||
| Index Value (31st July, 2023) | Index Value of Nifty 100 Index (TRI) is 26,360.82 and S&P BSE Sensex (TRI) is 1,01,480.37 |
|||
| 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-July-2023 |
SI |
18,30,000 | 68,99,699 |
10 Yrs |
12,00,000 | 25,54,885 |
7 Yrs |
8,40,000 | 13,73,800 |
5 Yrs |
6,00,000 | 8,73,940 |
3 Yrs |
3,60,000 | 4,43,714 |
1 Yr |
1,20,000 | 1,31,720 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
15.82 | 14.46 | 13.82 | 15.04 | 14.09 | 18.69 |
Benchmark Return& (%) |
13.47 | 13.88 | 14.57 | 16.08 | 15.41 | 19.31 |
Add. Benchmark Return& (%) |
13.64 | 14.45 | 15.70 | 16.89 | 16.50 | 21.01 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 12.77% |
| Beta: | 0.85 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 1.07 |
| Information Ratio | -0.44 |
| Portfolio Turnover Ratio | 0.22 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 July, 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.