Mirae Asset Large Cap Fund
Large CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹115.56+0.21%1 day
- Return since launch
- 14.0%
- 52-week range
- ₹99.68 — ₹118.56
- AUM
- ₹35,594 Cr
Mirae Asset Large Cap Fund is a Large Cap equity fund from Mirae Asset Mutual Fund with ₹35,594 Cr under management, launched in 2008. Over three years it has returned 5.5% a year, against 11.0% for its category. The expense ratio is 1.70% and the SEBI riskometer reading is Very High.
Performance
Mirae Asset Large Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -0.6% against -0.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 7.2% | +6.5 pts | 0.7% | 6.5% |
| 2Y | 4.8% | −0.1 pts | 5.0% | 4.3% |
| 3Y | 5.5% | −5.5 pts | 11.0% | 5.0% |
| 5Y | 8.3% | +0.2 pts | 8.1% | 9.0% |
| 7Y | 10.6% | −0.9 pts | 11.5% | 11.1% |
| 10Y | 11.2% | −0.5 pts | 11.7% | 10.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 10.3% | +0.6 pts | 9.7% | 9.7% |
| 3M | 0.8% | −0.3 pts | 1.1% | 0.7% |
| 6M | 7.0% | +0.8 pts | 6.2% | 5.8% |
| 1Y | 0.0% | −0.8 pts | 0.7% | 0.1% |
| 2Y | 3.2% | +0.4 pts | 2.8% | 2.6% |
| 3Y | 10.1% | −0.9 pts | 11.0% | 11.0% |
| 5Y | 7.2% | −1.0 pts | 8.1% | 8.0% |
| 7Y | 11.7% | −0.7 pts | 12.4% | 11.4% |
| 10Y | 12.0% | +0.4 pts | 11.7% | 10.8% |
Since launch (11 Feb 2008): 14.0%
Calendar-year returns
Category average13.7%
27.7%
1.6%
18.4%
12.6%
10.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 10.2% | +1.7 pts | 8.5% |
| 2024 | 12.6% | −3.8 pts | 16.3% |
| 2023 | 18.4% | −6.8 pts | 25.3% |
| 2022 | 1.6% | −1.6 pts | 3.2% |
| 2021 | 27.7% | +0.5 pts | 27.2% |
| 2020 | 13.7% | −1.3 pts | 15.0% |
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
1.68%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.30%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.33%
- 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 100 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.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -0.98 | 2.41 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.97 | 1.00 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.21 | 0.43 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.27 | 0.57 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.35 | 15.29 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Mirae Asset Large Cap Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity99.6%
- Debt0.2%
- Other0.1%
Market cap split
- Large86.4%
- Mid9.9%
- Small3.7%
- P/E
- 21.64
- P/B
- 3.04
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 9.19% | ₹3,270 Cr | +9.43% | +9.23% | +9.95% |
| ICICI Bank Ltd. | Financial | 8.59% | ₹3,058 Cr | +8.66% | +8.55% | +8.21% |
| Bharti Airtel Ltd. | Communication | 5.26% | ₹1,873 Cr | +5.29% | +5.10% | +3.96% |
| Reliance Industries Ltd. | Energy | 5.14% | ₹1,829 Cr | +5.19% | +5.76% | +4.66% |
| Axis Bank Ltd. | Financial | 3.76% | ₹1,337 Cr | +3.56% | +3.46% | +3.05% |
| Infosys Ltd. | Technology | 3.70% | ₹1,316 Cr | +3.45% | +4.68% | +5.51% |
| Larsen & Toubro Ltd. | Construction | 3.46% | ₹1,232 Cr | +3.57% | +3.27% | +3.53% |
| State Bank of India | Financial | 3.08% | ₹1,097 Cr | +3.06% | +3.39% | +2.71% |
| Mahindra & Mahindra Ltd. | Automobile | 2.95% | ₹1,048 Cr | +2.84% | +2.13% | +2.15% |
| Eternal Ltd. | Services | 2.80% | ₹996 Cr | +2.64% | +2.67% | +2.05% |
| Bajaj Finance Ltd. | Financial | 2.40% | ₹856 Cr | +1.83% | +0.86% | +0.85% |
| Maruti Suzuki India Ltd. | Automobile | 2.38% | ₹848 Cr | +2.65% | +2.38% | +3.22% |
| Tata Consultancy Services Ltd. | Technology | 2.01% | ₹716 Cr | +1.85% | +2.89% | +3.36% |
| ITC Ltd. | Consumer Staples | 1.97% | ₹702 Cr | +2.38% | +2.90% | +4.33% |
| Shriram Finance Ltd | Financial | 1.92% | ₹684 Cr | +1.94% | +1.20% | +1.26% |
| Kotak Mahindra Bank Ltd. | Financial | 1.89% | ₹673 Cr | +1.70% | +1.69% | +1.70% |
| One 97 Communications Ltd. | Services | 1.69% | ₹600 Cr | +1.36% | +1.31% | +1.11% |
| Britannia Industries Ltd. | Consumer Staples | 1.46% | ₹521 Cr | +1.51% | +1.19% | +0.87% |
| Asian Paints Ltd. | Materials | 1.46% | ₹520 Cr | +1.49% | +1.46% | +1.28% |
| Eicher Motors Ltd. | Automobile | 1.46% | ₹520 Cr | +1.42% | +1.11% | +1.57% |
| Tata Steel Ltd. | Metals & Mining | 1.44% | ₹511 Cr | +0.18% | +0.19% | +0.82% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.42% | ₹504 Cr | +1.35% | +1.43% | +0.93% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.40% | ₹497 Cr | +1.18% | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.26% | ₹447 Cr | +1.43% | +1.46% | +1.28% |
| NTPC Ltd. | Energy | 1.25% | ₹446 Cr | +1.14% | +1.44% | +0.91% |
| Bharat Petroleum Corporation Ltd. | Energy | 1.20% | ₹427 Cr | +1.13% | +0.16% | +0.43% |
| HDFC Life Insurance Co Ltd. | Insurance | 1.19% | ₹425 Cr | +1.27% | — | — |
| Siemens Energy India Ltd. | Energy | 1.13% | ₹401 Cr | +0.91% | +0.95% | +0.47% |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.12% | ₹399 Cr | +1.20% | +1.29% | +1.31% |
| Jindal Steel Ltd. | Metals & Mining | 1.05% | ₹373 Cr | +0.48% | +0.57% | +0.68% |
| Varun Beverages Ltd. | Consumer Staples | 0.95% | ₹338 Cr | +1.03% | +1.33% | +1.40% |
| JSW Energy Ltd. | Capital Goods | 0.92% | ₹328 Cr | +1.01% | +1.06% | +1.06% |
| SBI Life Insurance Company Ltd. | Insurance | 0.90% | ₹321 Cr | +0.92% | +1.01% | +1.15% |
| Trent Ltd. | Services | 0.88% | ₹314 Cr | +1.03% | +0.93% | +0.32% |
| Ambuja Cements Ltd. | Materials | 0.87% | ₹310 Cr | +0.91% | +1.55% | +1.64% |
| The Indian Hotels Company Ltd. | Services | 0.85% | ₹302 Cr | +0.90% | +0.83% | +0.57% |
| Titan Company Ltd. | Consumer Discretionary | 0.80% | ₹285 Cr | +1.06% | +1.03% | +0.70% |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.79% | ₹282 Cr | +0.74% | +0.81% | +0.73% |
| Sona BLW Precision Forgings Ltd. | Automobile | 0.78% | ₹276 Cr | +0.76% | +0.79% | +0.60% |
| Max Healthcare Institute Ltd. | Healthcare | 0.76% | ₹270 Cr | — | — | — |
| Siemens Ltd. | Capital Goods | 0.74% | ₹263 Cr | +0.66% | +1.13% | +0.63% |
| Billionbrains Garage Ventures Ltd. | Financial | 0.68% | ₹243 Cr | +0.48% | — | — |
| Indusind Bank Ltd. | Financial | 0.67% | ₹239 Cr | +0.65% | +0.72% | +0.67% |
| Kalpataru Projects International Ltd. | Capital Goods | 0.64% | ₹227 Cr | +0.62% | +0.58% | +0.33% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.62% | ₹222 Cr | +1.00% | +0.86% | +0.64% |
| Bharat Electronics Ltd. | Capital Goods | 0.62% | ₹219 Cr | +0.38% | +0.18% | +0.40% |
| Pidilite Industries Ltd. | Chemicals | 0.54% | ₹192 Cr | +0.68% | +0.59% | +0.60% |
| Lodha Developers Ltd. | Construction | 0.54% | ₹191 Cr | +0.82% | +0.63% | +0.37% |
| Gland Pharma Ltd. | Healthcare | 0.52% | ₹185 Cr | +0.73% | +0.96% | +1.06% |
| Interglobe Aviation Ltd. | Services | 0.49% | ₹175 Cr | +0.58% | +0.58% | +0.50% |
| Avenue Supermarts Ltd. | Services | 0.46% | ₹164 Cr | +0.49% | +0.58% | +0.82% |
| Swiggy Ltd. | Services | 0.43% | ₹155 Cr | +0.49% | +0.58% | +0.22% |
| Meesho Ltd. | Services | 0.40% | ₹141 Cr | — | — | — |
| Juniper Green Energy Ltd. | Energy | 0.38% | ₹134 Cr | — | — | — |
| Power Finance Corporation Ltd. | Financial | 0.37% | ₹133 Cr | +0.66% | +0.64% | +0.62% |
| Timken India Ltd. | Capital Goods | 0.37% | ₹130 Cr | +0.38% | +0.55% | +0.61% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.36% | ₹130 Cr | +0.45% | +0.39% | +0.45% |
| Gujarat Fluorochemicals Ltd. | Chemicals | 0.36% | ₹130 Cr | +0.51% | +0.48% | +0.13% |
| Mphasis Ltd. | Technology | 0.33% | ₹119 Cr | +0.46% | +0.47% | +0.11% |
| EPL Ltd. | Materials | 0.32% | ₹113 Cr | +0.33% | +0.33% | +0.30% |
| Titagarh Rail Systems Ltd. | Automobile | 0.30% | ₹108 Cr | +0.30% | +0.21% | +0.29% |
| DLF Ltd. | Construction | 0.30% | ₹105 Cr | +0.35% | +0.42% | — |
| National Stock Exchange | Financial | 0.26% | ₹91.18 Cr | — | — | — |
| SKF India (Industrial) Ltd. | Capital Goods | 0.25% | ₹90.66 Cr | +0.32% | +0.26% | — |
| FSN E-Commerce Ventures Ltd. | Services | 0.25% | ₹87.21 Cr | +0.62% | +0.66% | +0.74% |
| Sobha Ltd. | Construction | 0.23% | ₹81.55 Cr | +0.24% | +0.22% | +0.23% |
| Indian Energy Exchange Ltd. | Services | 0.21% | ₹74.29 Cr | +0.25% | +0.31% | +0.33% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.19% | ₹65.95 Cr | +0.18% | +0.44% | +0.49% |
| Mirae Asset Liquid Fund Direct- Growth | Unclassified | 0.18% | ₹64.87 Cr | +0.17% | +0.18% | 0.00% |
| Others | Others | 0.18% | ₹63.25 Cr | -0.70% | -0.40% | -0.44% |
| Manipal Health Enterprises Ltd. | Healthcare | 0.18% | ₹62.83 Cr | — | — | — |
| KPIT Technologies Ltd. | Technology | 0.10% | ₹36.24 Cr | +0.27% | +0.28% | — |
| GSPL Transmission Ltd. | Energy | 0.02% | ₹6.20 Cr | — | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 0.00% | ₹0.38 Cr | — | — | — |
| PB Fintech Ltd. | Services | 0.00% | ₹0.22 Cr | +0.23% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Life Insurance Corporation of India | 0.81% | 0.00% | -0.81% |
| HDFC Bank Ltd. | 8.57% | 9.19% | +0.62% |
| Bajaj Finance Ltd. | 1.85% | 2.40% | +0.56% |
| Meesho Ltd. | 0.00% | 0.40% | +0.40% |
| ICICI Bank Ltd. | 8.97% | 8.59% | -0.38% |
| Kotak Mahindra Bank Ltd. | 1.61% | 1.89% | +0.28% |
| Multi Commodity Exchange Of India Ltd. | 0.26% | 0.00% | -0.26% |
| National Stock Exchange | 0.00% | 0.26% | +0.26% |
| Infosys Ltd. | 3.93% | 3.70% | -0.24% |
| One 97 Communications Ltd. | 1.89% | 1.69% | -0.20% |
| NTPC Ltd. | 1.05% | 1.25% | +0.20% |
| Bharti Airtel Ltd. | 5.06% | 5.26% | +0.20% |
| Tata Consultancy Services Ltd. | 2.19% | 2.01% | -0.18% |
| ITC Ltd. | 2.13% | 1.97% | -0.16% |
| Adani Ports and Special Economic Zone Ltd. | 0.66% | 0.79% | +0.14% |
| Maruti Suzuki India Ltd. | 2.52% | 2.38% | -0.13% |
| Lodha Developers Ltd. | 0.41% | 0.54% | +0.13% |
| Max Healthcare Institute Ltd. | 0.63% | 0.76% | +0.13% |
| FSN E-Commerce Ventures Ltd. | 0.37% | 0.25% | -0.13% |
| Siemens Energy India Ltd. | 1.01% | 1.13% | +0.12% |
| Mahindra & Mahindra Ltd. | 3.06% | 2.95% | -0.11% |
| Gujarat Fluorochemicals Ltd. | 0.47% | 0.36% | -0.10% |
| Tata Steel Ltd. | 1.34% | 1.44% | +0.10% |
| State Bank of India | 3.18% | 3.08% | -0.09% |
| Dr. Reddy's Laboratories Ltd. | 0.54% | 0.62% | +0.08% |
| Eternal Ltd. | 2.72% | 2.80% | +0.07% |
| Varun Beverages Ltd. | 0.88% | 0.95% | +0.07% |
| Manipal Health Enterprises Ltd. | 0.24% | 0.18% | -0.06% |
| Eicher Motors Ltd. | 1.51% | 1.46% | -0.05% |
| Mphasis Ltd. | 0.38% | 0.33% | -0.05% |
| Shriram Finance Ltd | 1.97% | 1.92% | -0.05% |
| The Indian Hotels Company Ltd. | 0.80% | 0.85% | +0.05% |
| Asian Paints Ltd. | 1.50% | 1.46% | -0.04% |
| Axis Bank Ltd. | 3.71% | 3.76% | +0.04% |
| Pidilite Industries Ltd. | 0.58% | 0.54% | -0.04% |
| Others | -0.05% | -0.09% | -0.04% |
| SBI Life Insurance Company Ltd. | 0.86% | 0.90% | +0.04% |
| Larsen & Toubro Ltd. | 3.50% | 3.46% | -0.04% |
| Juniper Green Energy Ltd. | 0.34% | 0.38% | +0.04% |
| Indusind Bank Ltd. | 0.71% | 0.67% | -0.03% |
| HDFC Life Insurance Co Ltd. | 1.16% | 1.19% | +0.03% |
| Titan Company Ltd. | 0.83% | 0.80% | -0.03% |
| Sun Pharmaceutical Industries Ltd. | 1.44% | 1.42% | -0.03% |
| Vedanta Aluminium Metal Ltd. | 1.37% | 1.40% | +0.02% |
| Timken India Ltd. | 0.34% | 0.37% | +0.02% |
| Swiggy Ltd. | 0.46% | 0.43% | -0.02% |
| Chemplast Sanmar Ltd. | 0.02% | 0.00% | -0.02% |
| Trent Ltd. | 0.90% | 0.88% | -0.02% |
| Jindal Steel Ltd. | 1.03% | 1.05% | +0.02% |
| Apollo Hospitals Enterprise Ltd. | 1.28% | 1.26% | -0.02% |
| Titagarh Rail Systems Ltd. | 0.28% | 0.30% | +0.02% |
| Britannia Industries Ltd. | 1.48% | 1.46% | -0.02% |
| Avenue Supermarts Ltd. | 0.44% | 0.46% | +0.02% |
| Crompton Greaves Consumer Electricals Ltd. | 0.38% | 0.36% | -0.02% |
| SKF India (Industrial) Ltd. | 0.27% | 0.25% | -0.02% |
| Billionbrains Garage Ventures Ltd. | 0.67% | 0.68% | +0.02% |
| JSW Energy Ltd. | 0.90% | 0.92% | +0.02% |
| Reliance Industries Ltd. | 5.15% | 5.14% | -0.02% |
| Bharat Petroleum Corporation Ltd. | 1.22% | 1.20% | -0.02% |
| Godrej Consumer Products Ltd. | 1.10% | 1.12% | +0.02% |
| Power Finance Corporation Ltd. | 0.36% | 0.37% | +0.01% |
| Mirae Asset Liquid Fund Direct- Growth | 0.17% | 0.18% | +0.01% |
| DLF Ltd. | 0.28% | 0.30% | +0.01% |
| Sona BLW Precision Forgings Ltd. | 0.79% | 0.78% | -0.01% |
| Indian Energy Exchange Ltd. | 0.22% | 0.21% | -0.01% |
| Interglobe Aviation Ltd. | 0.48% | 0.49% | +0.01% |
| EPL Ltd. | 0.33% | 0.32% | -0.01% |
| KPIT Technologies Ltd. | 0.11% | 0.10% | -0.01% |
| Sobha Ltd. | 0.22% | 0.23% | +0.01% |
| Oil And Natural Gas Corporation Ltd. | 0.18% | 0.19% | +0.01% |
| Siemens Ltd. | 0.75% | 0.74% | -0.01% |
| Gland Pharma Ltd. | 0.52% | 0.52% | 0.00% |
| Bharat Electronics Ltd. | 0.61% | 0.62% | 0.00% |
| Kalpataru Projects International Ltd. | 0.64% | 0.64% | 0.00% |
| GSPL Transmission Ltd. | 0.02% | 0.02% | 0.00% |
| PB Fintech Ltd. | 0.00% | 0.00% | 0.00% |
| Ambuja Cements Ltd. | 0.87% | 0.87% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,138 Cr | 2.31% | 10.1% | 7.1% | 11.3% |
 DSP Large Cap Fund | ₹6,642 Cr | 2.02% | 6.5% | 5.3% | 10.3% |
 Quant Large Cap Fund | ₹3,669 Cr | 2.75% | 11.5% | 6.5% | — |
 Bandhan Large Cap Fund | ₹2,098 Cr | 2.20% | 10.6% | 7.7% | 11.2% |
 Invesco India Large Cap Fund | ₹1,995 Cr | 2.14% | 14.1% | 9.0% | 12.2% |
 WhiteOak Capital Large Cap Fund | ₹1,287 Cr | 2.45% | 8.0% | 6.9% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to maximize long term capital appreciation by finding investment opportunities resulting from Indian economic growth and its structural shifts through investing in equity and equity related securities.
Fund managers
- Gaurav MisraMr. Misra has done BA ECO (HONS) and MBA, IIM LucknowMr. Misra has over 24 years of experience in investment management and equity research functions. Prior to joining Mirae Asset Mutual Fund, he has worked as Senior Portfolio Manager with ASK Investment Managers Limited.
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 past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months6.99% absolute | ₹60,000 | ₹64,194 | 6.99% | |
| 1 year−0.03% annualised | ₹1,20,000 | ₹1,19,981 | −0.02% | |
| 3 years10.14% annualised | ₹3,60,000 | ₹4,22,247 | 17.29% | |
| 5 years7.17% annualised | ₹6,00,000 | ₹7,23,385 | 20.56% |
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 Cap Fund?
The NAV of Mirae Asset Large Cap Fund is ₹115.56 as on 9 Nov 2026.
What is the expense ratio of Mirae Asset Large Cap Fund?
The expense ratio of Mirae Asset Large Cap Fund is 1.70% per year.
What is the minimum SIP amount for Mirae Asset Large Cap Fund?
You can start a SIP in Mirae Asset Large Cap Fund with ₹3,000 a month.
What returns has Mirae Asset Large Cap Fund given?
Mirae Asset Large Cap Fund has returned 7.2% over 1 year, 5.5% over 3 years and 8.3% over 5 years (annualised).
Is there a lock-in or exit load on Mirae Asset Large Cap Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year.
How risky is Mirae Asset Large Cap Fund?
Mirae Asset Large Cap Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap category.
Which fund house manages Mirae Asset Large Cap Fund?
Mirae Asset Large Cap Fund is managed by Mirae Asset Mutual Fund, which runs 54 schemes with ₹2,45,364 Cr under management.