Mirae Asset Large Cap Fund
- 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
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 -4.3% against -4.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -7.3% | −3.9 pts | -3.4% | -7.0% |
| 2Y | -2.1% | −0.6 pts | -1.5% | -2.3% |
| 3Y | 1.6% | −7.0 pts | 8.7% | 1.6% |
| 5Y | 6.1% | −1.1 pts | 7.3% | 7.1% |
| 7Y | 9.4% | −0.9 pts | 10.3% | 10.0% |
| 10Y | 10.3% | −0.4 pts | 10.8% | 10.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.3% | −0.7 pts | -4.6% | -5.0% |
| 3M | -2.9% | −0.7 pts | -2.2% | -2.6% |
| 6M | 3.4% | −0.1 pts | 3.5% | 2.6% |
| 1Y | -4.3% | −0.9 pts | -3.4% | -4.0% |
| 2Y | -3.7% | +0.1 pts | -3.8% | -4.0% |
| 3Y | 7.2% | −1.4 pts | 8.7% | 8.5% |
| 5Y | 6.1% | −1.1 pts | 7.3% | 7.1% |
| 7Y | 11.4% | −0.6 pts | 12.0% | 11.0% |
| 10Y | 11.3% | +0.6 pts | 10.8% | 9.9% |
Since launch (11 Feb 2008): 13.8%
Calendar-year returns
Category averageShow 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
1.70%
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.
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 | -1.11 | 2.62 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.97 | 1.04 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.30 | 0.53 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.37 | 0.70 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.02 | 15.51 | 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 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
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 8.97% | ₹3,423 Cr | +8.19% | +8.49% | +8.15% |
| HDFC Bank Ltd. | Financial | 8.57% | ₹3,272 Cr | +8.96% | +9.54% | +9.68% |
| Reliance Industries Ltd. | Energy | 5.15% | ₹1,967 Cr | +5.40% | +4.99% | +4.65% |
| Bharti Airtel Ltd. | Communication | 5.06% | ₹1,931 Cr | +5.32% | +4.55% | +3.99% |
| Infosys Ltd. | Technology | 3.93% | ₹1,501 Cr | +4.08% | +4.28% | +5.83% |
| Axis Bank Ltd. | Financial | 3.71% | ₹1,418 Cr | +3.46% | +3.62% | +3.22% |
| Larsen & Toubro Ltd. | Construction | 3.50% | ₹1,336 Cr | +3.57% | +3.99% | +3.49% |
| State Bank of India | Financial | 3.18% | ₹1,212 Cr | +2.93% | +3.66% | +2.40% |
| Mahindra & Mahindra Ltd. | Automobile | 3.06% | ₹1,166 Cr | +2.43% | +2.05% | +1.34% |
| Eternal Ltd. | Services | 2.72% | ₹1,040 Cr | +2.55% | +2.47% | +2.06% |
| Maruti Suzuki India Ltd. | Automobile | 2.52% | ₹960 Cr | +2.43% | +2.37% | +2.54% |
| Tata Consultancy Services Ltd. | Technology | 2.19% | ₹838 Cr | +2.09% | +2.94% | +3.83% |
| ITC Ltd. | Consumer Staples | 2.13% | ₹812 Cr | +2.42% | +3.12% | +4.33% |
| Shriram Finance Ltd | Financial | 1.97% | ₹751 Cr | +1.79% | +0.77% | +1.01% |
| One97 Communications Ltd. | Services | 1.89% | ₹722 Cr | +1.36% | +1.31% | +1.24% |
| Bajaj Finance Ltd. | Financial | 1.85% | ₹705 Cr | +1.35% | +0.84% | +0.75% |
| Kotak Mahindra Bank Ltd. | Financial | 1.61% | ₹614 Cr | +1.70% | +1.75% | +1.87% |
| Eicher Motors Ltd. | Automobile | 1.51% | ₹578 Cr | +1.31% | +1.18% | +1.23% |
| Asian Paints Ltd. | Materials | 1.50% | ₹574 Cr | +1.61% | +1.41% | +1.38% |
| Britannia Industries Ltd. | Consumer Staples | 1.48% | ₹566 Cr | +0.02% | +1.16% | +0.95% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.44% | ₹551 Cr | +1.32% | +1.37% | +0.94% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.37% | ₹524 Cr | +0.25% | — | — |
| Tata Steel Ltd. | Metals & Mining | 1.34% | ₹511 Cr | +0.20% | +0.19% | +0.88% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.28% | ₹487 Cr | +1.39% | +1.45% | +1.32% |
| Bharat Petroleum Corporation Ltd. | Energy | 1.22% | ₹465 Cr | +1.13% | — | +0.40% |
| HDFC Life Insurance Co Ltd. | Insurance | 1.16% | ₹443 Cr | +1.29% | — | — |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.10% | ₹422 Cr | +1.24% | +1.23% | +1.42% |
| NTPC Ltd. | Energy | 1.05% | ₹401 Cr | +1.26% | +1.45% | +0.88% |
| Jindal Steel Ltd. | Metals & Mining | 1.03% | ₹392 Cr | +0.55% | +0.56% | +0.81% |
| Siemens Energy India Ltd. | Energy | 1.01% | ₹384 Cr | +0.97% | +1.00% | +0.49% |
| JSW Energy Ltd. | Capital Goods | 0.90% | ₹345 Cr | +1.10% | +0.96% | +0.98% |
| Trent Ltd. | Services | 0.90% | ₹345 Cr | +0.90% | +0.86% | +0.36% |
| Varun Beverages Ltd. | Consumer Staples | 0.88% | ₹336 Cr | +1.27% | +1.37% | +1.54% |
| Ambuja Cements Ltd. | Materials | 0.87% | ₹333 Cr | +1.12% | +1.62% | +1.63% |
| SBI Life Insurance Company Ltd. | Insurance | 0.86% | ₹330 Cr | +0.97% | +1.02% | +1.38% |
| Titan Company Ltd. | Consumer Discretionary | 0.83% | ₹317 Cr | +1.00% | +0.99% | +0.75% |
| company:5765 | Insurance | 0.81% | ₹308 Cr | — | — | — |
| The Indian Hotels Company Ltd. | Services | 0.80% | ₹306 Cr | +0.89% | +0.77% | +0.45% |
| Sona BLW Precision Forgings Ltd. | Automobile | 0.79% | ₹301 Cr | +0.82% | +0.77% | +0.65% |
| Siemens Ltd. | Capital Goods | 0.75% | ₹285 Cr | +0.72% | +1.16% | +0.28% |
| Indusind Bank Ltd. | Financial | 0.71% | ₹270 Cr | +0.66% | +0.81% | +0.67% |
| Billionbrains Garage Ventures Ltd. | Financial | 0.67% | ₹254 Cr | +0.45% | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.66% | ₹250 Cr | +0.99% | +0.78% | +0.69% |
| Kalpataru Projects International Ltd. | Capital Goods | 0.64% | ₹244 Cr | +0.60% | +0.53% | +0.33% |
| company:16192 | Healthcare | 0.63% | ₹240 Cr | — | — | — |
| Bharat Electronics Ltd. | Capital Goods | 0.61% | ₹234 Cr | 0.00% | +0.36% | +0.36% |
| Pidilite Industries Ltd. | Chemicals | 0.58% | ₹221 Cr | +0.97% | +0.60% | +0.63% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.54% | ₹208 Cr | +0.87% | +0.96% | +0.66% |
| Gland Pharma Ltd. | Healthcare | 0.52% | ₹200 Cr | +0.69% | +0.91% | +1.02% |
| Others | Others | 0.50% | ₹191 Cr | -0.58% | +0.47% | -0.20% |
| Interglobe Aviation Ltd. | Services | 0.48% | ₹184 Cr | +0.48% | +0.50% | +0.50% |
| Gujarat Fluorochemicals Ltd. | Chemicals | 0.47% | ₹178 Cr | +0.52% | +0.43% | — |
| Swiggy Ltd. | Services | 0.46% | ₹174 Cr | +0.54% | +0.59% | +0.24% |
| Avenue Supermarts Ltd. | Services | 0.44% | ₹168 Cr | +0.46% | +0.50% | +0.87% |
| Lodha Developers Ltd. | Construction | 0.41% | ₹155 Cr | +0.82% | +0.81% | +0.39% |
| Mphasis Ltd. | Technology | 0.38% | ₹147 Cr | +0.49% | +0.58% | +0.14% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.38% | ₹147 Cr | +0.46% | +0.40% | +0.51% |
| FSN E-Commerce Ventures Ltd. | Services | 0.37% | ₹142 Cr | +0.58% | +0.66% | +0.82% |
| Power Finance Corporation Ltd. | Financial | 0.36% | ₹137 Cr | +0.68% | +0.62% | +0.58% |
| Timken India Ltd. | Capital Goods | 0.34% | ₹131 Cr | +0.46% | +0.63% | +0.59% |
| Juniper Green Energy Ltd. | Energy | 0.34% | ₹129 Cr | — | — | — |
| EPL Ltd. | Materials | 0.33% | ₹125 Cr | +0.32% | +0.31% | +0.33% |
| DLF Ltd. | Construction | 0.28% | ₹108 Cr | +0.37% | +0.30% | — |
| Titagarh Rail Systems Ltd. | Automobile | 0.28% | ₹108 Cr | +0.29% | +0.23% | +0.28% |
| SKF India (Industrial) Ltd. | Capital Goods | 0.27% | ₹104 Cr | +0.25% | +0.27% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 0.26% | ₹101 Cr | — | — | — |
| company:20750 | Healthcare | 0.24% | ₹90.18 Cr | — | — | — |
| Sobha Ltd. | Construction | 0.22% | ₹83.84 Cr | +0.25% | +0.23% | +0.21% |
| Indian Energy Exchange Ltd. | Services | 0.22% | ₹83.66 Cr | +0.27% | +0.30% | +0.34% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.18% | ₹67.71 Cr | +0.21% | +0.57% | +0.48% |
| Mirae Asset Liquid Fund Direct- Growth | Unclassified | 0.17% | ₹64.56 Cr | +0.17% | +0.16% | 0.00% |
| KPIT Technologies Ltd. | Technology | 0.11% | ₹42.47 Cr | +0.32% | +0.30% | — |
| Chemplast Sanmar Ltd. | Chemicals | 0.02% | ₹8.47 Cr | +0.12% | +0.13% | +0.25% |
| GSPL Transmission Ltd. | Energy | 0.02% | ₹6.44 Cr | — | — | — |
| PB Fintech Ltd. | Services | 0.00% | ₹0.39 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 1.29% | -0.05% | -1.34% |
| company:5765 | 0.00% | 0.81% | +0.81% |
| company:16192 | 0.00% | 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:20750 | 0.00% | 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 India | 3.03% | 3.18% | +0.14% |
| Larsen & Toubro Ltd. | 3.36% | 3.50% | +0.14% |
| Shriram Finance Ltd | 1.83% | 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- Growth | 0.17% | 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.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,872 Cr | 2.51% | -0.5% | 4.7% | 9.6% |
| ₹3,651 Cr | 2.93% | 4.4% | 5.2% | — | |
| ₹2,180 Cr | 2.19% | -3.7% | 4.0% | 9.1% | |
| ₹2,021 Cr | 2.19% | 1.5% | 5.9% | 10.4% | |
| ₹1,276 Cr | 2.48% | -5.5% | 3.5% | — | |
| ₹231 Cr | 2.75% | 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.
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 months3.39% absolute | ₹60,000 | ₹62,034 | 3.39% | |
| 1 year−4.31% annualised | ₹1,20,000 | ₹1,17,235 | −2.30% | |
| 3 years7.23% annualised | ₹3,60,000 | ₹4,03,097 | 11.97% | |
| 5 years6.12% annualised | ₹6,00,000 | ₹7,03,425 | 17.24% |
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.