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Mirae Asset Large Cap Fund

Large CapVery HighOPEN-ENDED
Invest Now
NAV as on 24 Sep 2026
₹107.98-1.71%1 day
Return since launch
13.8%
52-week range
₹99.68 — ₹118.56
AUM
₹38,166 Cr

Mirae Asset Large Cap Fund is a Large Cap equity fund from Mirae Asset Mutual Fund with ₹38,166 Cr under management, launched in 2008. Over three years it has returned 1.6% a year, against 8.7% for its category. The expense ratio is 1.70% 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
1Y-7.3%−3.9 pts-3.4%-7.0%
2Y-2.1%−0.6 pts-1.5%-2.3%
3Y1.6%−7.0 pts8.7%1.6%
5Y6.1%−1.1 pts7.3%7.1%
7Y9.4%−0.9 pts10.3%10.0%
10Y10.3%−0.4 pts10.8%10.0%

Fund against category

1Y
Fund-7.3%
Category-3.4%
3Y
Fund1.6%
Category8.7%
5Y
Fund6.1%
Category7.3%

Since launch (11 Feb 2008): 13.8%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
202510.2%+1.7 pts8.5%
202412.6%−3.8 pts16.3%
202318.4%−6.8 pts25.3%
20221.6%−1.6 pts3.2%
202127.7%+0.5 pts27.2%
202013.7%−1.3 pts15.0%

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

1.70%

Expense ratio as on 23 Sep 2026

Charged yearly and already deducted from the NAV.

Base expense
1.31%
Brokerage
0.05%
Transaction charges
0.00%
Statutory levies
0.34%
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.

Risk ratios
RatioFundCategory avgRead as
Alpha-1.112.62Return earned above what the benchmark alone would have given. Higher is better.
Beta0.971.04How hard the fund moves when the market moves. Under 1 is steadier than the market.
Sharpe0.300.53Return earned for each unit of total risk taken. Higher is better.
Sortino0.370.70Return earned for each unit of downside risk. Higher is better.
Std. deviation14.0215.51How 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 31 Aug 2026

Asset allocation

  • Equity99.3%
  • Debt0.2%
  • Other0.5%

Market cap split

  • Large86.4%
  • Mid9.9%
  • Small3.7%
P/E
22.79
P/B
3.24

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
ICICI Bank Ltd.Financial8.97%₹3,423 Cr+8.19%+8.49%+8.15%
HDFC Bank Ltd.Financial8.57%₹3,272 Cr+8.96%+9.54%+9.68%
Reliance Industries Ltd.Energy5.15%₹1,967 Cr+5.40%+4.99%+4.65%
Bharti Airtel Ltd.Communication5.06%₹1,931 Cr+5.32%+4.55%+3.99%
Infosys Ltd.Technology3.93%₹1,501 Cr+4.08%+4.28%+5.83%
Axis Bank Ltd.Financial3.71%₹1,418 Cr+3.46%+3.62%+3.22%
Larsen & Toubro Ltd.Construction3.50%₹1,336 Cr+3.57%+3.99%+3.49%
State Bank of IndiaFinancial3.18%₹1,212 Cr+2.93%+3.66%+2.40%
Mahindra & Mahindra Ltd.Automobile3.06%₹1,166 Cr+2.43%+2.05%+1.34%
Eternal Ltd.Services2.72%₹1,040 Cr+2.55%+2.47%+2.06%

Sectors

  • Financial31.6%
  • Services9.2%
  • Energy9.0%
  • Automobile8.2%
  • Technology6.6%
  • Consumer Staples5.6%
  • Communication5.1%
  • Healthcare4.7%

Instruments

  • Repo0.6%
  • Mutual Fund0.2%

Recent changes

HoldingFromToWeight
Others1.29%-0.05%-1.34%
company:57650.00%0.81%+0.81%
company:161920.00%0.63%+0.63%
PB Fintech Ltd.0.52%0.00%-0.52%
Bharti Airtel Ltd.5.43%5.06%-0.37%
HDFC Bank Ltd.8.91%8.57%-0.34%
GAIL (India) Ltd.0.33%0.00%-0.33%
One97 Communications Ltd.1.56%1.89%+0.33%
Billionbrains Garage Ventures Ltd.0.36%0.67%+0.31%
Power Finance Corporation Ltd.0.66%0.36%-0.30%
Juniper Green Energy Ltd.0.08%0.34%+0.26%
Axis Bank Ltd.3.46%3.71%+0.25%
ICICI Bank Ltd.8.73%8.97%+0.24%
company:207500.00%0.24%+0.24%
Siemens Energy India Ltd.0.79%1.01%+0.22%
ITC Ltd.2.31%2.13%-0.18%
State Bank of India3.03%3.18%+0.14%
Larsen & Toubro Ltd.3.36%3.50%+0.14%
Shriram Finance Ltd1.83%1.97%+0.14%
Kotak Mahindra Bank Ltd.1.48%1.61%+0.13%
FSN E-Commerce Ventures Ltd.0.50%0.37%-0.13%
Bajaj Finance Ltd.1.96%1.85%-0.12%
Pidilite Industries Ltd.0.68%0.58%-0.10%
Eternal Ltd.2.63%2.72%+0.10%
Britannia Industries Ltd.1.58%1.48%-0.10%
Bharat Electronics Ltd.0.52%0.61%+0.10%
HDFC Life Insurance Co Ltd.1.25%1.16%-0.09%
Jindal Steel Ltd.0.93%1.03%+0.09%
Maruti Suzuki India Ltd.2.61%2.52%-0.09%
KPIT Technologies Ltd.0.20%0.11%-0.09%
Infosys Ltd.3.86%3.93%+0.07%
Mahindra & Mahindra Ltd.3.12%3.06%-0.06%
Tata Consultancy Services Ltd.2.13%2.19%+0.06%
Gujarat Energy Ltd.0.06%0.00%-0.06%
Siemens Ltd.0.69%0.75%+0.06%
Kalpataru Projects International Ltd.0.58%0.64%+0.06%
SBI Life Insurance Company Ltd.0.92%0.86%-0.06%
Gland Pharma Ltd.0.58%0.52%-0.06%
Ambuja Cements Ltd.0.93%0.87%-0.05%
Titan Company Ltd.0.78%0.83%+0.05%
Reliance Industries Ltd.5.20%5.15%-0.05%
NTPC Ltd.1.10%1.05%-0.05%
Indian Energy Exchange Ltd.0.27%0.22%-0.05%
JSW Energy Ltd.0.95%0.90%-0.05%
Eicher Motors Ltd.1.47%1.51%+0.04%
Lodha Developers Ltd.0.45%0.41%-0.04%
Sona BLW Precision Forgings Ltd.0.75%0.79%+0.04%
Vedanta Aluminium Metal Ltd.1.41%1.37%-0.04%
Bharat Petroleum Corporation Ltd.1.18%1.22%+0.03%
Crompton Greaves Consumer Electricals Ltd.0.42%0.38%-0.03%
Adani Ports and Special Economic Zone Ltd.0.69%0.66%-0.03%
Asian Paints Ltd.1.54%1.50%-0.03%
Godrej Consumer Products Ltd.1.13%1.10%-0.03%
Trent Ltd.0.93%0.90%-0.03%
Chemplast Sanmar Ltd.0.05%0.02%-0.02%
SKF India (Industrial) Ltd.0.30%0.27%-0.02%
Tata Steel Ltd.1.36%1.34%-0.02%
DLF Ltd.0.27%0.28%+0.02%
Sun Pharmaceutical Industries Ltd.1.43%1.44%+0.02%
Sobha Ltd.0.24%0.22%-0.02%
Swiggy Ltd.0.47%0.46%-0.02%
Indusind Bank Ltd.0.69%0.71%+0.01%
Interglobe Aviation Ltd.0.47%0.48%+0.01%
Multi Commodity Exchange Of India Ltd.0.25%0.26%+0.01%
The Indian Hotels Company Ltd.0.79%0.80%+0.01%
Dr. Reddy's Laboratories Ltd.0.53%0.54%+0.01%
Apollo Hospitals Enterprise Ltd.1.27%1.28%+0.01%
EPL Ltd.0.32%0.33%+0.01%
Varun Beverages Ltd.0.89%0.88%-0.01%
Mphasis Ltd.0.38%0.38%+0.01%
Gujarat Fluorochemicals Ltd.0.47%0.47%-0.01%
Oil And Natural Gas Corporation Ltd.0.18%0.18%-0.01%
Timken India Ltd.0.34%0.34%+0.01%
Avenue Supermarts Ltd.0.44%0.44%0.00%
Mirae Asset Liquid Fund Direct- Growth0.17%0.17%0.00%
Titagarh Rail Systems Ltd.0.28%0.28%0.00%
Cipla Ltd.0.00%0.00%0.00%
ABB India Ltd.0.00%0.00%0.00%
GSPL Transmission Ltd.0.02%0.02%0.00%
Lenskart Solutions Ltd.0.00%0.00%0.00%
L&T Finance Ltd.0.00%0.00%0.00%
Solar Industries India Ltd.0.00%0.00%0.00%
Torrent Pharmaceuticals 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₹1,872 Cr2.51%-0.5%4.7%9.6%
Quant Large Cap Fund₹3,651 Cr2.93%4.4%5.2%—
Bandhan Large Cap Fund₹2,180 Cr2.19%-3.7%4.0%9.1%
Invesco India Large Cap Fund₹2,021 Cr2.19%1.5%5.9%10.4%
WhiteOak Capital Large Cap Fund₹1,276 Cr2.48%-5.5%3.5%—
Bank of India Large Cap Fund₹231 Cr2.75%0.6%4.6%9.4%

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.
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 months3.39% absolute₹60,000₹62,0343.39%
1 year−4.31% annualised₹1,20,000₹1,17,235−2.30%
3 years7.23% annualised₹3,60,000₹4,03,09711.97%
5 years6.12% annualised₹6,00,000₹7,03,42517.24%

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 ₹107.98 as on 24 Sep 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 -7.3% over 1 year, 1.6% over 3 years and 6.1% 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 52 schemes with ₹2,32,232 Cr under management.