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 August 31, 2023 | 35,471.65 |
| Net AUM (₹ Cr.) | 35,349.07 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on August 31, 2023 |
Regular Plan: 1.54% Direct Plan: 0.54% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 95.731 | ₹ 86.501 |
| IDCW | ₹ 58.959 | ₹ 26.112 |
| Positions Increased |
| Stock |
| Automobiles |
| Eicher Motors Limited |
| Banks |
| Axis Bank Limited |
| Bank of Baroda |
| ICICI Bank Limited |
| Kotak Mahindra Bank Limited |
| State Bank of India |
| Capital Markets |
| Indian Energy Exchange Limited |
| Finance |
| Shriram Finance Limited |
| Food Products |
| Britannia Industries Limited |
| Personal Products |
| Dabur India Limited |
| Pharmaceuticals & Biotechnology |
| Biocon Limited |
| Retailing |
| Avenue Supermarts Limited |
| FSN E-Commerce Ventures Limited |
| Positions Decreased |
| Stock |
| Agricultural, Commercial & Construction Vehicles |
| Ashok Leyland Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| Insurance |
| HDFC Life Insurance Company Limited |
| IT - Software |
| Infosys Limited |
| MphasiS Limited |
| Non - Ferrous Metals |
| National Aluminium Company Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Pharmaceuticals & Biotechnology |
| Torrent Pharmaceuticals Limited |
| Retailing |
| Zomato Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 12.28% |
| ICICI Bank Ltd | 9.25% |
| Axis Bank Ltd | 5.20% |
| State Bank of India | 3.31% |
| Kotak Mahindra Bank Ltd | 1.49% |
| Bank of Baroda | 0.45% |
| The Federal Bank Ltd | 0.21% |
| IT - Software | |
| Infosys Ltd | 7.40% |
| HCL Technologies Ltd | 2.77% |
| Tata Consultancy Services Ltd | 2.16% |
| MphasiS Ltd | 0.59% |
| Petroleum Products | |
| Reliance Industries Ltd | 7.17% |
| Hindustan Petroleum Corporation Ltd | 0.01% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 2.27% |
| Gland Pharma Ltd | 1.15% |
| Biocon Ltd | 0.89% |
| Torrent Pharmaceuticals Ltd | 0.42% |
| Divi's Laboratories Ltd | 0.01% |
| Dr. Reddy's Laboratories Ltd | 0.01% |
| Diversified FMCG | |
| Hindustan Unilever Ltd | 2.40% |
| ITC Ltd | 2.16% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Ltd | 1.13% |
| Kajaria Ceramics Ltd | 1.10% |
| Havells India Ltd | 0.94% |
| Voltas Ltd | 0.60% |
| Titan Company Ltd | 0.20% |
| Asian Paints Ltd | 0.01% |
| Automobiles | |
| Maruti Suzuki India Ltd | 2.58% |
| Eicher Motors Ltd | 0.80% |
| TVS Motor Company Ltd | 0.42% |
| Telecom - Services | |
| Bharti Airtel Ltd | 3.73% |
| Construction | |
| Larsen & Toubro Ltd | 3.54% |
| Insurance | |
| Max Financial Services Ltd | 1.25% |
| SBI Life Insurance Company Ltd | 1.06% |
| ICICI Lombard General Insurance Company Ltd | 0.85% |
| HDFC Life Insurance Company Ltd | 0.01% |
| Retailing | |
| FSN E-Commerce Ventures Ltd | 1.32% |
| Avenue Supermarts Ltd | 1.22% |
| Zomato Ltd | 0.61% |
| Finance | |
| SBI Cards and Payment Services Ltd | 1.43% |
| Shriram Finance Ltd | 0.79% |
| Bajaj Finserv Ltd | 0.01% |
| Power | |
| NTPC Ltd | 1.65% |
| Cement & Cement Products | |
| Nuvoco Vistas Corporation Ltd | 0.53% |
| Ambuja Cements Ltd | 0.48% |
| UltraTech Cement Ltd | 0.43% |
| Chemicals & Petrochemicals | |
| Chemplast Sanmar Ltd | 0.58% |
| Vinati Organics Ltd | 0.48% |
| SRF Ltd | 0.36% |
| Financial Technology (Fintech) | |
| One 97 Communications Ltd | 1.33% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.06% |
| Auto Components | |
| Sona BLW Precision Forgings Ltd | 1.04% |
| Balkrishna Industries Ltd | 0.00% |
| Leisure Services | |
| Jubilant Foodworks Ltd | 0.93% |
| Fertilizers & Agrochemicals | |
| PI Industries Ltd | 0.81% |
| Industrial Products | |
| EPL Ltd | 0.63% |
| Timken India Ltd | 0.16% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Ltd | 0.78% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 0.77% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 0.56% |
| Personal Products | |
| Dabur India Ltd | 0.49% |
| Food Products | |
| Britannia Industries Ltd | 0.46% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Ltd | 0.34% |
| Non - Ferrous Metals | |
| National Aluminium Company Ltd | 0.30% |
| Equity Holding Total | 99.36% |
| Cash & Other Receivables | 0.64% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MALCF | 9.57% | 18.69% | 11.15% | 15.02% |
| Scheme Benchmark* | 7.03% | 20.03% | 11.12% | 11.35% |
| Additional Benchmark** | 10.31% | 20.30% | 12.24% | 11.33% |
| NAV as on 31st August, 2023 | ₹ 86.501 | |||
| Index Value (31st August, 2023) | Index Value of Nifty 100 Index (TRI) is 25,778.72 and S&P BSE Sensex (TRI) is 99,117.59 |
|||
| 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-August-2023 |
SI |
18,40,000 | 68,50,450 |
10 Yrs |
12,00,000 | 24,93,285 |
7 Yrs |
8,40,000 | 13,47,893 |
5 Yrs |
6,00,000 | 8,58,699 |
3 Yrs |
3,60,000 | 4,32,228 |
1 Yr |
1,20,000 | 1,29,310 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
15.59 | 14.00 | 13.28 | 14.32 | 12.25 | 14.72 |
Benchmark Return& (%) |
13.09 | 13.23 | 13.66 | 14.81 | 12.53 | 12.51 |
Add. Benchmark Return& (%) |
13.25 | 13.79 | 14.73 | 15.53 | 13.50 | 13.40 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 12.78% |
| Beta: | 0.84 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 0.94 |
| Information Ratio | -0.42 |
| 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 August, 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.