MIRAE ASSET
LARGE CAP FUND - (MALCF)

(Large Cap Fund - An open ended equity scheme predominantly investing across large cap stocks)
Details as on November 30, 2023
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 November 30, 2023
35,297.74
Net AUM (₹ Cr.)
36,132.35
Monthly Total Expense Ratio
(Including Statutory Levies)
as on November 30, 2023
Regular Plan: 1.54%
Direct Plan: 0.55%
**For experience of Fund Managers Click Here
NAV: Direct Regular
Growth ₹ 99.357 ₹ 89.555
IDCW ₹ 61.192 ₹ 27.034
Positions Increased
Stock
Automobiles
Eicher Motors Limited
Cement & Cement Products
Ambuja Cements Limited
Diversified FMCG
ITC Limited
Fertilizers & Agrochemicals
UPL Limited
Industrial Products
Timken India Limited
Personal Products
Dabur India Limited
Positions Decreased
Stock
Agricultural, Commercial & Construction Vehicles
Ashok Leyland Limited
Banks
Axis Bank Limited
Bank of Baroda
State Bank of India
The Federal Bank Limited
Cement & Cement Products
UltraTech Cement Limited
Insurance
ICICI Lombard General Insurance Company Limited
Max Financial Services Limited
SBI Life Insurance Company Limited
IT - Software
HCL Technologies Limited
Pharmaceuticals & Biotechnology
Gland Pharma Limited
Sun Pharmaceutical Industries Limited
Torrent Pharmaceuticals Limited
Retailing
FSN E-Commerce Ventures Limited
Zomato Limited
Telecom - Services
Bharti Airtel Limited

Portfolio Holdings % Allocation
Banks  
HDFC Bank Limited 10.01%
ICICI Bank Limited 9.25%
Axis Bank Limited 5.27%
State Bank of India 3.21%
Kotak Mahindra Bank Limited 2.68%
Bank of Baroda 0.25%
The Federal Bank  Limited 0.12%
IT - Software  
Infosys Limited 7.28%
HCL Technologies Limited 2.94%
Tata Consultancy Services Limited 2.01%
MphasiS Limited 0.44%
Petroleum Products  
Reliance Industries Limited 7.06%
Diversified FMCG  
Hindustan Unilever Limited 2.54%
ITC Limited 2.29%
Telecom - Services  
Bharti Airtel Limited 4.07%
Pharmaceuticals & Biotechnology  
Sun Pharmaceutical Industries Limited 2.04%
Gland Pharma Limited 1.01%
Biocon Limited 0.80%
Torrent Pharmaceuticals Limited 0.15%
Automobiles  
Maruti Suzuki India Limited 2.58%
Eicher Motors Limited 1.19%
TVS Motor Company Limited 0.09%
Consumer Durables  
Crompton Greaves Consumer Electricals Limited 1.05%
Kajaria Ceramics Limited 0.98%
Havells India Limited 0.87%
Voltas Limited 0.56%
Asian Paints Limited 0.06%
Titan Company Limited 0.05%
Retailing  
FSN E-Commerce Ventures Limited 1.67%
Avenue Supermarts Limited 1.27%
Zomato Limited 0.37%
Construction  
Larsen & Toubro Limited 3.14%
Insurance  
Max Financial Services Limited 1.05%
SBI Life Insurance Company Limited 1.03%
ICICI Lombard General Insurance Company Limited 0.72%
Cement & Cement Products  
Ambuja Cements Limited 1.44%
Nuvoco Vistas Corporation Limited 0.56%
UltraTech Cement Limited 0.26%
Finance  
SBI Cards and Payment Services Limited 1.27%
Shriram Finance Limited 0.80%
Power  
NTPC Limited 1.71%
Chemicals & Petrochemicals  
SRF Limited 0.76%
Chemplast Sanmar Limited 0.52%
Vinati Organics Limited 0.43%
Fertilizers & Agrochemicals  
PI Industries Limited 0.93%
UPL Limited 0.68%
Financial Technology (Fintech)  
One 97 Communications Limited 1.34%
Industrial Products  
EPL Limited 0.62%
Timken India Limited 0.56%
Personal Products  
Dabur India Limited 1.08%
Ferrous Metals  
Tata Steel Limited 1.03%
Auto Components  
Sona BLW Precision Forgings Limited 0.95%
Balkrishna Industries Limited 0.00%
Capital Markets  
Indian Energy Exchange Limited 0.86%
Leisure Services  
Jubilant Foodworks Limited 0.78%
Agricultural, Commercial & Construction Vehicles  
Ashok Leyland Limited 0.60%
Food Products  
Britannia Industries Limited 0.49%
Aerospace & Defense  
Bharat Electronics Limited 0.44%
Healthcare Services  
Krishna Institute Of Medical Sciences Limited 0.32%
Non - Ferrous Metals  
National Aluminium Company Limited 0.13%
Equity Holding Total 98.66%
Cash & Other Receivables 1.34%
Total 100.00%

Growth of Rs. 10,000 invested at inception: 89,555

Returns (in%)
1 Yr 3 Yrs 5 Yrs SI
MALCF 8.04% 15.80% 13.23% 15.02%
Scheme Benchmark* 7.83% 16.90% 14.04% 11.53%
Additional Benchmark** 7.59% 16.32% 14.46% 11.39%
NAV as on 30th November, 2023 ₹ 89.555
Index Value ( 30th November, 2023) Index Value of Nifty 100 Index (TRI) is 27,162.42 and S&P BSE Sensex (TRI) is 1,02,618.94
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.
Latest available NAV has been taken for return calculation wherever applicable

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
30-November-2023
SI
18,70,000 71,23,434
10 Yrs
12,00,000 24,64,106
7 Yrs
8,40,000 13,54,159
5 Yrs
6,00,000 8,64,382
3 Yrs
3,60,000 4,27,241
1 Yr
1,20,000 1,30,701

Returns (%)
Period
SI
10yrs
7yrs
5yrs
3yrs
1yr
Fund Return& (%)
15.57 13.78 13.41 14.59 11.46 17.00
Benchmark Return& (%)
13.33 13.55 14.29 15.77 12.67 18.98
Add. Benchmark Return& (%)
13.29 13.81 14.80 15.69 12.43 14.92

& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.

Volatility 12.30%
Beta 0.85
R Squared 0.96
Sharpe Ratio#: 0.72
Information Ratio -0.36
Portfolio Turnover Ratio 0.25 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 30th November, 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.