Mirae Asset Large Cap Fund - Regular Plan - Growth
Beginner-friendly💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 99% of 3-year investment horizons.
- Cost-efficient: expense ratio of 1.68% is lower than category median (2.29%).
- Over 19 years of operational history across different market cycles.
- Experienced a maximum drawdown of -51.3% during severe market crashes.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +10.61% | +10.11% | +0.50% |
| 3 Months | +1.98% | +2.34% | -0.36% |
| 6 Months | +7.95% | +7.43% | +0.52% |
| 1 Year | +0.32% | +1.45% | -1.13% |
| 3 Years CAGR | +10.46% | +11.11% | -0.65% |
| 5 Years CAGR | +7.51% | +8.67% | -1.16% |
| 7 Years CAGR | +11.86% | +12.38% | -0.52% |
| 10 Years CAGR | +12.48% | +12.11% | +0.37% |
| Since Inception | +14.14% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Mirae Asset Large Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -1.03% | +0.43% | -1.46% |
| 2025 | +10.21% | +7.29% | +2.92% |
| 2024 | +12.69% | +14.09% | -1.40% |
| 2023 | +18.45% | +23.37% | -4.92% |
| 2022 | +1.60% | +1.44% | +0.16% |
| 2021 | +27.74% | +25.31% | +2.43% |
| 2020 | +13.70% | +14.56% | -0.86% |
| 2019 | +12.73% | +12.01% | +0.72% |
| 2018 | -0.64% | -0.64% | 0.00% |
| 2017 | +38.58% | +30.38% | +8.20% |
| 2016 | +8.09% | +3.25% | +4.84% |
| 2015 | +4.25% | -0.48% | +4.73% |
| 2014 | +52.86% | +38.97% | +13.89% |
| 2013 | +8.95% | +6.63% | +2.32% |
| 2012 | +33.28% | +28.47% | +4.81% |
| 2011 | -19.64% | -22.55% | +2.91% |
| 2010 | +23.12% | +17.67% | +5.45% |
| 2009 | +109.33% | +77.18% | +32.15% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -31.13% | +18.56% | +12.21% | +158.36% | 83.5% | 57.2% |
| 3-Year Rolling | -4.37% | +15.67% | +14.74% | +42.63% | 99.4% | 49.1% |
| 5-Year Rolling | +1.17% | +15.75% | +15.61% | +31.37% | 100.0% | 45.4% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2008-05-21 | 2009-03-09 | -51.3% | 10 months | 5 months |
| 2020-01-16 | 2020-03-23 | -37.6% | 2 months | 8 months |
| 2010-11-10 | 2011-12-20 | -23.8% | 13 months | 11 months |
Portfolio & Asset Allocation
Filing Date: 2026-09-30Top 10 Security Holdings
| # | Company / Security | NSE Symbol | Asset Class | Weight (%) | Value (Cr) |
|---|---|---|---|---|---|
| 1 |
HDFC BANK LIMITED EQ NEW FV RE. 1/-
HDFCBANK
|
HDFCBANK | Equity |
9.19%
|
₹3,270.3 Cr |
| 2 |
ICICI BANK LIMITED EQ NEW FV RS. 2/-
ICICIBANK
|
ICICIBANK | Equity |
8.59%
|
₹3,058.4 Cr |
| 3 |
BHARTI AIRTEL LIMITED EQ NEW FV RS 5/-
BHARTIARTL
|
BHARTIARTL | Equity |
5.26%
|
₹1,872.6 Cr |
| 4 |
RELIANCE INDUSTRIES LIMITED EQ
RELIANCE
|
RELIANCE | Equity |
5.14%
|
₹1,828.6 Cr |
| 5 |
AXIS BANK LIMITED EQ NE FV RS. 2/-
AXISBANK
|
AXISBANK | Equity |
3.76%
|
₹1,337.1 Cr |
| 6 |
INFOSYS LIMITED EQ FV RS 5
INFY
|
INFY | Equity |
3.7%
|
₹1,315.7 Cr |
| 7 |
LARSEN AND TOUBRO LIMITED EQ NEW FV RS.2/-
LT
|
LT | Equity |
3.46%
|
₹1,232.4 Cr |
| 8 |
STATE BANK OF INDIA EQ NEW RE. 1/-
SBIN
|
SBIN | Equity |
3.08%
|
₹1,097.3 Cr |
| 9 |
MAHINDRA AND MAHINDRA LIMITED EQ NEW F.V. RS.5
M&M
|
M&M | Equity |
2.95%
|
₹1,048.5 Cr |
| 10 |
ETERNAL LIMITED EQ
ETERNAL
|
ETERNAL | Equity |
2.8%
|
₹995.7 Cr |
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equities and Equity Related Securities of Large Cap companies/entities | 80% -100% Equities and Equity Related Securities of companies other than Large Cap companies/entities*/ Money market instruments and other liquid instruments^/ Units issued by InVITs/Units of Domestic Mutual Fund@: 0% - 20% ^Other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, repo on Government securities and any other instruments as specified by the SEBI. @The scheme may invest in the units of Overnight Fund, Money Market Fund & Liquid Fund (including Liquid ETFs) of Domestic Mutual Fund. |
Investment Objective & Strategy
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/entities. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.
Fund Size Position
Currently managing Rs 38,897 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as stretched relative to Large Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Large Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Edelweiss Large Cap Fund | 4.5 | +10.72% | 2.36% | 95.1% | Rs 1,507 cr | Compare → |
| JM Large Cap Fund | 2.9 | +10.80% | 2.69% | 95.9% | Rs 381 cr | Compare → |
| SBI Large Cap FUND | 5.2 | +10.87% | 1.48% | 88.8% | Rs 56,762 cr | Compare → |
| ITI Large Cap Fund | 3.4 | +10.64% | 2.61% | 99.0% | Rs 380 cr | Compare → |
| HSBC Large Cap Fund | 4.5 | +11.28% | 2.29% | 85.2% | Rs 1,904 cr | Compare → |
Frequently Asked Questions about Mirae Asset Large Cap Fund
What is the expense ratio of Mirae Asset Large Cap Fund?
Mirae Asset Large Cap Fund has a total expense ratio (TER) of 1.68% with a base expense ratio of 1.3%, compared to the Large Cap category median of 2.29%.
Who manages Mirae Asset Large Cap Fund?
Mirae Asset Large Cap Fund is managed by Gaurav Misra (tenure: 7.8 years since 2019-01-31).
What are the historical returns of Mirae Asset Large Cap Fund?
Mirae Asset Large Cap Fund delivered a 3-year CAGR of 10.46% and a 5-year CAGR of 7.51%. Its 1-year return stands at +0.32%.
How large is Mirae Asset Large Cap Fund?
Mirae Asset Large Cap Fund manages assets of Rs 38,897 cr, placing it in the 'stretched' size band relative to Large Cap peers.
How is Mirae Asset Large Cap Fund scored on MFIQ?
Mirae Asset Large Cap Fund holds an MFIQ Score of 4.3/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Mirae Asset Large Cap Fund?
Mirae Asset Large Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 13.53% with a maximum historical drawdown of -51.29%.