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, 2022 | 30,411.82 |
| Net AUM (₹ Cr.) | 31,292.25 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on May 31, 2022 |
Regular Plan: 1.59% Direct Plan: 0.57% |
| **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 | ₹ 81.136 | ₹ 74.265 |
| IDCW^ | ₹ 49.972 | ₹ 22.418 |
| Volatility | 21.35% |
| Beta: | 0.95 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.38 |
| Information Ratio | -0.25 |
| Portfolio Turnover Ratio | 0.21 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, 2022. ^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 9.27% | |
| ICICI Bank Ltd | 9.09% | |
| Axis Bank Ltd | 4.14% | |
| State Bank of India | 3.76% | |
| Equitas Small Finance Bank Limited | 0.05% | |
| Kotak Mahindra Bank Ltd | 0.01% | |
| IT - Software | ||
| Infosys Ltd | 8.05% | |
| Tata Consultancy Services Ltd | 2.85% | |
| HCL Technologies Limited | 2.19% | |
| MphasiS Limited | 0.76% | |
| Petroleum Products | ||
| Reliance Industries Ltd | 6.77% | |
| Hindustan Petroleum Corporation Ltd | 1.10% | |
| Pharmaceuticals & Biotechnology | ||
| Sun Pharmaceutical Industries Ltd | 2.17% | |
| Dr. Reddy's Laboratories Ltd | 1.73% | |
| Gland Pharma Limited | 1.28% | |
| Torrent Pharmaceuticals Ltd | 0.73% | |
| Biocon Ltd | 0.44% | |
| Ajanta Pharma Ltd | 0.33% | |
| Divi's Laboratories Ltd | 0.19% | |
| Consumer Durables | ||
| Kajaria Ceramics Ltd | 1.25% | |
| Havells India Ltd | 1.15% | |
| Voltas Ltd | 1.08% | |
| Crompton Greaves Consumer Electricals Limited | 1.05% | |
| Titan Company Ltd | 0.78% | |
| Asian Paints Ltd | 0.11% | |
| Diversified FMCG | ||
| Hindustan Unilever Ltd | 3.37% | |
| ITC Ltd | 1.52% | |
| Finance | ||
| SBI Cards and Payment Services Limited | 1.52% | |
| Housing Development Finance Corporation Ltd | 1.28% | |
| Muthoot Finance Limited | 1.07% | |
| Power Finance Corporation Ltd | 0.51% | |
| Equitas Holdings Ltd | 0.12% | |
| Insurance | ||
| Max Financial Services Ltd | 1.07% | |
| ICICI Lombard General Insurance Company Limited | 0.99% | |
| SBI Life Insurance Company Limited | 0.92% | |
| HDFC Life Insurance Company Ltd | 0.88% | |
| Automobiles | ||
| Maruti Suzuki India Ltd | 1.36% | |
| Eicher Motors Ltd | 1.01% | |
| TVS Motor Company Ltd | 0.77% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 3.08% | |
| Construction | ||
| Larsen & Toubro Ltd | 2.13% | |
| Cement & Cement Products | ||
| Ambuja Cements Limited | 1.55% | |
| Nuvoco Vistas Corporation Limited | 0.53% | |
| Retailing | ||
| Avenue Supermarts Limited | 0.81% | |
| Zomato Limited | 0.37% | |
| Info Edge (India) Ltd | 0.18% | |
| Agricultural, Commercial & Construction Vehicles | ||
| Ashok Leyland Limited | 1.36% | |
| Auto Components | ||
| Sona BLW Precision Forgings Limited | 0.83% | |
| Balkrishna Industries Ltd | 0.51% | |
| Power | ||
| NTPC Ltd | 1.22% | |
| Chemicals & Petrochemicals | ||
| Chemplast Sanmar Limited | 0.61% | |
| Vinati Organics Ltd | 0.60% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 1.15% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 1.10% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.03% | |
| Food Products | ||
| Britannia Industries Ltd | 0.88% | |
| Leisure Services | ||
| Jubilant Foodworks Limited | 0.87% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Limited | 0.84% | |
| Fertilizers & Agrochemicals | ||
| PI Industries Limited | 0.77% | |
| Non - Ferrous Metals | ||
| National Aluminium Company Limited | 0.75% | |
| Industrial Products | ||
| EPL Limited | 0.32% | |
| Financial Technology (Fintech) | ||
| One 97 Communications Limited | 0.27% | |
| Personal Products | ||
| Dabur India Ltd | 0.01% | |
| Equity Holding Total | 98.50% | |
| Cash & Other Receivables | 1.50% | |
| Total | 100.00% | |
| Positions Increased |
| Stock |
| Non - Ferrous Metals |
| National Aluminium Company Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Crompton Greaves Consumer Electricals Limited |
| Voltas Limited |
| Leisure Services |
| Jubilant Foodworks Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Industrial Products |
| EPL Limited |
| IT - Software |
| Infosys Limited |
| Tata Consultancy Services Limited |
| MphasiS Limited |
| Finance |
| Muthoot Finance Limited |
| SBI Cards and Payment Services Limited |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Banks |
| Axis Bank Limited |
| Automobiles |
| Eicher Motors Limited |
| Pharmaceuticals & Biotechnology |
| Gland Pharma Limited |
| Positions Decreased |
| Stock |
| Finance |
| Equitas Holdings Limited |
| Banks |
| Equitas Small Finance Bank Limited |
| State Bank of India |
| Automobiles |
| Maruti Suzuki India Limited |
| Pharmaceuticals & Biotechnology |
| Sun Pharmaceutical Industries Limited |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Cement & Cement Products |
| Ambuja Cements Limited |
| Agricultural, Commercial & Construction Vehicles |
| Ashok Leyland 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 | 7.27% |
12.38% |
11.91% |
15.21% |
| Scheme Benchmark* | 7.56% |
13.08% |
12.50% |
11.23% |
| Additional Benchmark** | 8.39% |
13.22% |
13.69% |
11.04% |
| NAV as on 31st May, 2022 | 74.265 | |||
| Index Value (31st May, 2022) | Index Value of Nifty 100 Index (TRI) is 22,183.75 and S&P BSE Sensex (TRI) is 83,483.01 | |||
| 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-May-2022 |
SI |
1,690,000 |
5,740,328 |
10 Yrs |
1,200,000 |
2,639,579 |
7 Yrs |
840,000 |
1,361,818 |
5 Yrs |
600,000 |
838,158 |
3 Yrs |
360,000 |
459,200 |
1 Yr |
120,000 |
117,057 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
15.94 |
15.07 |
13.57 |
13.35 |
16.49 |
-4.53 |
Benchmark Return& (%) |
13.14 |
13.54 |
13.75 |
14.2 |
17.91 |
-2.91 |
Add. Benchmark Return& (%) |
13.05 |
13.65 |
14.34 |
14.79 |
17.44 |
-1.98 |
& 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