HomeOur StoryMethodologyLearnFAQs

Mirae Asset Large & Midcap Fund

Large & MidCapVery HighOPEN-ENDED
Invest Now
NAV as on 9 Nov 2026
₹157.04+0.63%1 day
Return since launch
18.3%
52-week range
₹135.72 — ₹160.07
AUM
₹42,834 Cr

Mirae Asset Large & Midcap Fund is a Large & MidCap equity fund from Mirae Asset Mutual Fund with ₹42,834 Cr under management, launched in 2010. Over three years it has returned 6.2% a year, against 13.5% for its category. The expense ratio is 1.76% and the SEBI riskometer reading is Very High.

Performance

Returns

How the fund has done against its category and its benchmark.

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y5.0%+2.6 pts2.4%4.3%
2Y5.8%−0.2 pts6.0%3.5%
3Y6.2%−7.3 pts13.5%5.0%
5Y10.4%−0.5 pts10.9%10.5%
7Y13.6%−1.3 pts14.9%13.8%
10Y14.4%+0.9 pts13.5%13.4%

Fund against category

1Y
Fund5.0%
Category2.4%
3Y
Fund6.2%
Category13.5%
5Y
Fund10.4%
Category10.9%

Since launch (24 May 2010): 18.3%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
20259.2%+3.8 pts5.4%
202415.4%−9.5 pts25.0%
202329.3%−2.1 pts31.4%
2022-1.4%−4.4 pts3.0%
202139.1%0.0 pts39.1%
202022.4%+4.9 pts17.5%

Returns over one year are annualised. Shorter periods are absolute.

Costs & terms

Costs and terms

What the fund charges each year, and the rules around putting money in and taking it out.

Costs

1.76%

Expense ratio as on 6 Nov 2026

Charged yearly and already deducted from the NAV.

Base expense
1.27%
Brokerage
0.08%
Transaction charges
0.00%
Statutory levies
0.41%
Exit load
Exit load of 1% if redeemed within 1 year
Lock-in
None

Terms

Min SIP
₹3,000
Min lumpsum
₹5,000
Plan
GROWTH
Fund type
OPEN-ENDED
Benchmark
Nifty Large Midcap 250 TRI
Short-term capital gains
Returns taxed at 20% if you redeem before 1 year
Long-term capital gains
After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Risk

Risk

What the riskometer means for this fund, and how its ratios sit against the category.

Very High

Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.

Risk ratios
RatioFundCategory avgRead as
Alpha0.706.58Return earned above what the benchmark alone would have given. Higher is better.
Beta1.061.07How hard the fund moves when the market moves. Under 1 is steadier than the market.
Sharpe0.350.63Return earned for each unit of total risk taken. Higher is better.
Sortino0.440.83Return earned for each unit of downside risk. Higher is better.
Std. deviation16.3918.21How widely monthly returns have varied around their own average. Lower is steadier.
Average of 5 category peers

Portfolio

Mirae Asset Large & Midcap Fund portfolio

Portfolio as of 30 Sep 2026

Asset allocation

  • Equity98.6%
  • Debt0.2%
  • Other1.2%

Market cap split

  • Large50.4%
  • Mid38.1%
  • Small11.6%
P/E
23.38
P/B
3.01

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
HDFC Bank Ltd.Financial6.40%₹2,742 Cr+6.69%+6.53%+6.12%
Laurus Labs Ltd.Healthcare4.10%₹1,756 Cr+3.19%+2.43%+1.23%
ICICI Bank Ltd.Financial3.93%₹1,683 Cr+3.84%+3.83%+2.90%
Axis Bank Ltd.Financial3.46%₹1,484 Cr+2.89%+3.47%+3.89%
State Bank of IndiaFinancial2.98%₹1,275 Cr+3.10%+3.11%+3.21%
Reliance Industries Ltd.Energy2.92%₹1,250 Cr+3.24%+2.47%+2.18%
Bharti Airtel Ltd.Communication2.81%₹1,202 Cr+1.84%+1.75%+0.89%
Steel Authority Of India Ltd.Metals & Mining2.25%₹966 Cr+1.59%+1.50%+0.93%
Hero Motocorp Ltd.Automobile2.05%₹880 Cr+1.96%+1.90%+1.68%
SBI Life Insurance Company Ltd.Insurance2.03%₹869 Cr+1.97%+0.60%+0.60%

Sectors

  • Financial24.8%
  • Healthcare12.4%
  • Services10.7%
  • Automobile7.0%
  • Energy6.8%
  • Metals & Mining6.6%
  • Capital Goods4.7%
  • Communication4.5%

Instruments

  • Repo1.1%
  • Mutual Fund0.2%
  • Net Receivables0.1%

Recent changes

HoldingFromToWeight
PB Fintech Ltd.2.67%1.42%-1.25%
Bharat Forge Ltd.1.66%1.04%-0.62%
Bharti Airtel Ltd.2.19%2.81%+0.61%
Godrej Consumer Products Ltd.0.49%1.01%+0.52%
Indusind Bank Ltd.1.96%1.52%-0.44%
Tata Steel Ltd.0.61%1.04%+0.43%
HDFC Bank Ltd.5.99%6.40%+0.41%
One 97 Communications Ltd.1.32%0.94%-0.38%
Others0.48%0.13%-0.35%
Cummins India Ltd.0.22%0.57%+0.35%
Laurus Labs Ltd.3.79%4.10%+0.31%
Tata Consultancy Services Ltd.1.47%1.18%-0.29%
Interglobe Aviation Ltd.1.19%1.47%+0.28%
Container Corporation Of India Ltd.1.29%1.01%-0.28%
National Stock Exchange0.00%0.28%+0.28%
Tata Motors Passenger Vehicles Ltd.0.48%0.24%-0.25%
Vedanta Aluminium Metal Ltd.1.58%1.36%-0.22%
Lenskart Solutions Ltd.1.03%1.22%+0.19%
Hero Motocorp Ltd.1.87%2.05%+0.19%
Persistent Systems Ltd.1.58%1.40%-0.18%
Eternal Ltd.0.33%0.50%+0.16%
SBI Life Insurance Company Ltd.1.87%2.03%+0.16%
Hindustan Petroleum Corporation Ltd.0.61%0.46%-0.15%
Divi's Laboratories Ltd.1.39%1.52%+0.13%
Apollo Hospitals Enterprise Ltd.0.56%0.43%-0.12%
Tata Power Company Ltd.1.01%1.12%+0.11%
Hindustan Aeronautics Ltd.0.50%0.40%-0.10%
Tata Communications Ltd.1.79%1.68%-0.10%
ITC Ltd.0.99%1.09%+0.10%
Manipal Health Enterprises Ltd.0.23%0.33%+0.10%
State Bank of India3.08%2.98%-0.10%
Aditya Birla Capital Ltd.0.52%0.42%-0.09%
Multi Commodity Exchange Of India Ltd.0.60%0.52%-0.09%
Gland Pharma Ltd.1.23%1.15%-0.08%
Infosys Ltd.1.34%1.25%-0.08%
Swiggy Ltd.1.54%1.46%-0.08%
Go Digit General Insurance Ltd.0.92%1.00%+0.07%
HDB Financial Services Ltd.1.88%1.96%+0.07%
Bharat Electronics Ltd.0.84%0.91%+0.07%
Dixon Technologies (India) Ltd.1.26%1.19%-0.07%
Kotak Mahindra Bank Ltd.1.04%1.10%+0.07%
L&T Finance Ltd.0.88%0.94%+0.06%
Crompton Greaves Consumer Electricals Ltd.1.08%1.02%-0.06%
Dalmia Bharat Ltd.1.87%1.81%-0.06%
Syngene International Ltd.0.05%0.00%-0.05%
Ola Electric Mobility Ltd.0.26%0.21%-0.05%
Mahindra & Mahindra Ltd.0.96%1.01%+0.05%
NTPC Ltd.0.84%0.88%+0.05%
Prestige Estates Projects Ltd.1.52%1.48%-0.04%
PI Industries Ltd.0.95%0.99%+0.04%
Gujarat Fluorochemicals Ltd.0.80%0.76%-0.04%
ICICI Bank Ltd.3.90%3.93%+0.03%
Axis Bank Ltd.3.43%3.46%+0.03%
Hindalco Industries Ltd.1.94%1.97%+0.03%
SRF Ltd.0.86%0.89%+0.03%
FSN E-Commerce Ventures Ltd.1.33%1.30%-0.03%
Sun Pharmaceutical Industries Ltd.1.29%1.26%-0.03%
SKF India Ltd.0.68%0.71%+0.03%
Century Plyboards (India) Ltd.0.72%0.69%-0.03%
Oil And Natural Gas Corporation Ltd.0.57%0.60%+0.02%
Ceat Ltd.1.14%1.16%+0.02%
Billionbrains Garage Ventures Ltd.0.98%1.00%+0.02%
Bata India Ltd.0.73%0.71%-0.02%
Prince Pipes and Fittings Ltd.0.29%0.27%-0.02%
United Spirits Ltd.0.71%0.69%-0.02%
Delhivery Ltd.1.97%1.98%+0.02%
Maruti Suzuki India Ltd.1.35%1.34%-0.02%
Reliance Industries Ltd.2.93%2.92%-0.02%
Lupin Ltd.1.88%1.87%-0.01%
KFin Technologies Ltd.0.72%0.71%-0.01%
Steel Authority Of India Ltd.2.26%2.25%-0.01%
Mirae Asset Money Market Fund Direct - Growth0.14%0.15%+0.01%
Larsen & Toubro Ltd.1.51%1.50%-0.01%
Narayana Hrudayalaya Ltd.1.74%1.75%+0.01%
SKF India (Industrial) Ltd.0.90%0.89%-0.01%
Gujarat Energy Ltd.0.68%0.67%0.00%
GSPL Transmission Ltd.0.14%0.14%0.00%
Mirae Asset Liquid Fund Direct- Growth0.03%0.04%0.00%
The Federal Bank Ltd.0.04%0.03%0.00%
DLF Ltd.0.02%0.02%0.00%
Titan Company Ltd.0.02%0.02%0.00%
Power Finance Corporation Ltd.0.02%0.02%0.00%
JSW Energy Ltd.0.03%0.03%0.00%
Gateway Distriparks Ltd.0.11%0.11%0.00%
Bharat Heavy Electricals Ltd.0.05%0.05%0.00%
Grasim Industries Ltd.0.00%0.00%0.00%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹12,985 Cr2.05%11.5%10.6%16.1%
Bandhan Large & Mid Cap Fund₹20,650 Cr2.25%5.6%7.9%14.9%
Motilal Oswal Large and Midcap Fund₹19,832 Cr1.79%13.3%12.3%18.5%
Invesco India Large & Mid Cap Fund₹12,439 Cr1.85%20.3%14.9%18.9%
UTI Large & Mid Cap Fund₹6,220 Cr1.96%4.1%6.7%13.1%
HSBC Large and Mid Cap Fund₹5,784 Cr2.40%14.4%11.2%15.2%
See all Large and Mid Cap funds

About

About this fund

The scheme’s own words, its benchmark and the people running it.

Investment objective

To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of large cap and midcap companies at the time of investment.

Fund managers

  • Ankit JainMr. Jain is a B.Tech (ICT) and MBA (Finance).Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirus Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.
  • Neelesh SuranaMr. Surana is B.E (Mechanical) and MBA in Finance.Prior to joining Mirae Asset AMC he has worked with ASK Investment Managers Pvt Ltd.
Scheme information document

Tools

Return calculator

What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.

₹
Over the pastTotal investmentWould’ve becomeGrowthReturns
6 months4.07% absolute₹60,000₹62,4424.07%
1 year0.76% annualised₹1,20,000₹1,20,4950.41%
3 years11.86% annualised₹3,60,000₹4,34,09420.58%
5 years9.01% annualised₹6,00,000₹7,60,10426.68%

Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.

How this is calculated

Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.

The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.

Questions

Frequently asked questions

The things people ask about this scheme.

What is the NAV of Mirae Asset Large & Midcap Fund?
The NAV of Mirae Asset Large & Midcap Fund is ₹157.04 as on 9 Nov 2026.
What is the expense ratio of Mirae Asset Large & Midcap Fund?
The expense ratio of Mirae Asset Large & Midcap Fund is 1.76% per year.
What is the minimum SIP amount for Mirae Asset Large & Midcap Fund?
You can start a SIP in Mirae Asset Large & Midcap Fund with ₹3,000 a month.
What returns has Mirae Asset Large & Midcap Fund given?
Mirae Asset Large & Midcap Fund has returned 5.0% over 1 year, 6.2% over 3 years and 10.4% over 5 years (annualised).
Is there a lock-in or exit load on Mirae Asset Large & Midcap Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year.
How risky is Mirae Asset Large & Midcap Fund?
Mirae Asset Large & Midcap Fund is rated Very High on the SEBI riskometer and belongs to the Large & MidCap category.
Which fund house manages Mirae Asset Large & Midcap Fund?
Mirae Asset Large & Midcap Fund is managed by Mirae Asset Mutual Fund, which runs 54 schemes with ₹2,45,364 Cr under management.