Mirae Asset Large & Midcap

Diversified

Equity

India Growth

Large Cap

Others

Emotionally driven

Investor Profile

1–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Mirae Asset Large & Midcap Fund Growth invests in large, stable Indian companies for steady long-term growth.

What This Strategy Does

Mirae Asset Large & Midcap Gr is an equity flexi-cap fund which captures India's ₹100 trillion consumption and financialization opportunity through a disciplined growth-at-reasonable-price approach, deploying capital across financials, consumer cyclicals, and industrials to achieve broad-based earnings growth.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

1.1% AnnuallyAlpha

+12.2% vs +9.2% benchmarkSince Inception

+9.9% vs +6.1% benchmark3Y Annualized

+7.6% vs +4.5% benchmark5Y Annualized

Mirae Asset Large & Midcap

Benchmark Index

Benchmark Performance Comparison

Mirae Asset Emerging Bluechip Fund

NIFTY 50

Given the product’s limited performance history, the assessment considers the fund house’s track record and the historical performance of comparable strategies managed by the same fund house, which follow similar investment approaches. Such comparisons provide historical context only and do not represent the performance of the new product or indicate its future returns.

Risk Profile

Standard Deviation17.9%

Maximum Drawdown-19.2% | Oct 2024

Sharpe Ratio0.27

Beta1.01

Upside Capture98%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Delivers the growth potential of India's emerging leaders alongside the stability of established giants. By investing across market capitalizations, this strategy captures opportunities in both mid-cap innovators and large-cap stalwarts. The impact is a balanced portfolio that can navigate economic cycles, participating in bursts of entrepreneurial growth while retaining a defensive anchor.

Portfolio Holdings Overview

SectoralAllocation

Services17.36%

Consumers13.44%

Technology7.77%

Financial Services30.09%

Energy & Infra5.73%

Utilities2.58%

Capital Goods23.04%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

HDFC Bank LtdFinancial Services5.99%

ICICI Bank LtdFinancial Services3.90%

Laurus Labs LtdServices3.79%

Axis Bank LtdFinancial Services3.43%

State Bank of IndiaFinancial Services3.08%

Reliance Industries LtdEnergy & Infra2.93%

PB Fintech LtdFinancial Services2.67%

Steel Authority Of India LtdCapital Goods2.26%

Bharti Airtel LtdServices2.19%

Delhivery LtdCapital Goods1.97%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Neelesh Surana

Lead Portfolio Manager

Mr. Neelesh Surana has experience of 27 years. Manages 10 funds at Mirae Asset Investment Managers (India) Private Limited with an AUM of approximately ₹70,814 Cr Holds a M.B.A. degree.

Ankit Jain

Co-Portfolio Manager

Mr. Ankit Jain has experience of 12 years. Manages 18 funds at Mirae Asset Investment Managers (India) Private Limited with an AUM of approximately ₹61,922 Cr Holds a B.Tech degree.

CW Expert Take

Mirae Asset brings global investment expertise to Indian markets. Their strength lies in thematic research and identifying structural growth trends early. The fund house combines quantitative frameworks with fundamental analysis, creating disciplined yet opportunistic strategies across market caps and asset classes.

39 years

Combined Team Experience

₹ 1,32,736 Cr

Assets Under Management

Firm Overview

AMCMirae Asset Investment Managers (India) Private Limited

Total AUM₹2,17,680.38 Cr

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)1.76%

Exit Load1%

Regulatory & Tax Information

INF769K01101

ISIN

DailyDealing Frequency

Nifty LargeMidcap 250 TR INRBenchmark

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)