Mirae Asset Large & Midcap Fund Direct-Growth

Q: What are the returns of Mirae Asset Large & Midcap Fund?

The Mirae Asset Large & Midcap Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 21.76% since inception. Mirae Asset Large & Midcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.56% 15.74% 26.42% 18.36% 21.76%

Previously called: Mirae Asset Emerging Bluechip Direct-G

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹158.422+0.81% 1 day change	21.76% p.a.	#NA View Ranked Funds	2

Historical NAV & returns

NAV: ₹158.422 as on Apr 23, 2025

This fund Category average

Mirae Asset Large & Midcap Fund overview

VRO rating	2
Expense ratio	0.66% as on Mar 31, 2025
Exit load	1.0% Exit load of 1% if redeemed within 1 year!
AUM (Fund size)	₹36,507 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Mirae Asset Large & Midcap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	2.85%	3.15%
3 months	3.9%	3.56%
6 months	-3.07%	-2.64%
1 year	7.56%	11.18%
3 years	15.74%	19.23%
5 years	26.42%	27.74%
7 years	17.07%	15.73%
10 years	18.36%	15.37%

Asset allocationas on Mar 31, 2025

Large Cap 49.961684000000005%

Mid Cap 35.880048%

Small Cap 12.828400000000002%

Other Cap 0.009867999999991026%

Top holdings

HDFC Bank Ltd.5.59%

Axis Bank Ltd.4.63%

State Bank of India2.91%

ICICI Bank Ltd.2.69%

Top sectors

Financial 25.130000000000006%

Services 11.010000000000002%

Healthcare 10.73%

Energy 7.389999999999999%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 1.378066%

Mutual Fund 1.056E-4%

Other Holdings

Others 1.38%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Mirae Asset Large & Midcap Fund	N.A.	₹36,507 Crs	12 yrs 3 m	0.66%
ICICI Prudential Large & Mid Cap Fund	N.A.	₹19,353 Crs	12 yrs 3 m	0.88%
Kotak Equity Opportunities Fund	N.A.	₹24,913 Crs	12 yrs 3 m	0.61%
Quant Large and Mid Cap Fund	N.A.	₹3,519 Crs	12 yrs 3 m	0.66%
HDFC Large and Mid Cap Fund	N.A.	₹23,380 Crs	12 yrs 3 m	1.02%
Motilal Oswal Large and Midcap Fund	N.A.	₹8,713 Crs	5 yrs 6 m	0.54%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Large & Midcap Fund	2.85%	-3.07%	7.56%	15.74%	26.42%	18.36%
ICICI Prudential Large & Mid Cap Fund	3.66%	1.53%	14.57%	22.99%	32.15%	16.16%
Kotak Equity Opportunities Fund	2.76%	-3.45%	9.14%	19.97%	27.45%	16.47%
Quant Large and Mid Cap Fund	3.85%	-5.95%	-1.5%	20.01%	28.85%	17.24%
HDFC Large and Mid Cap Fund	3.44%	-2.36%	9.8%	21.62%	30.96%	14.39%
Motilal Oswal Large and Midcap Fund	3.79%	-6.36%	15.16%	26.94%	32.13%	12.53%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Large & Midcap Fund	14.7	0.98	0.53	0.84
ICICI Prudential Large & Mid Cap Fund	12.77	0.84	1.1	1.86
Kotak Equity Opportunities Fund	14.42	0.94	0.8	1.25
Quant Large and Mid Cap Fund	17.38	1.1	0.68	1.12
HDFC Large and Mid Cap Fund	15.22	1.01	0.86	1.38
Motilal Oswal Large and Midcap Fund	18.71	1.09	0.95	1.1

View all Large & Midcap funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.35 vs. 5.49 Underperformed at beating benchmark
Sharpe	0.53 vs. 5.7 Poor risk-adjusted returns
Beta	0.98 vs. 0.92 More sensitive to market's ups & downs
Standard deviation	14.7 vs. 12.74 More volatile performance

Compare Mirae Asset Large & Midcap Fund in detail with

About this fund

About Mirae Asset Large & Midcap Fund

Mirae Asset Large & Midcap Fund Direct-Growth is a Large & MidCap mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. Mirae Asset Large & Midcap Fund Direct-Growth has ₹36,507 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Large & Midcap Fund Direct-Growth as of 23/04/2025 is ₹158.42. The fund has an expense ratio of 0.66%, which is close to what most other Large & Midcap funds charge.

Mirae Asset Large & Midcap Fund Direct-Growth returns of last 1-year are 8.00%. Since launch, it has delivered 21.76% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Mirae Asset Large & Midcap Fund Direct-Growth scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Financial, Services, Healthcare, Energy, Technology sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., Axis Bank Ltd., State Bank of India, ICICI Bank Ltd., Larsen & Toubro Ltd..

...

Fund AUM	₹36,507 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Ankit Jain

Mr. 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 Surana

Mr. Surana is B.E (Mechanical) and MBA in Finance. Prior to joining Mirae Asset AMC he has worked with ASK Investment Managers Pvt Ltd.

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.

Mirae Asset Mutual Fund details

No. of schemes	43 view all schemes
Total AUM	₹1,90,637 Crs as on Mar 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Mirae Asset Midcap Fund	N.A.	₹14,922 Crs	6.42%	32.02%
Mirae Asset ELSS Tax Saver Fund	N.A.	₹23,945 Crs	10.36%	27.02%
Mirae Asset Great Consumer Fund	N.A.	₹3,872 Crs	10.61%	26.75%
Mirae Asset Healthcare Fund	N.A.	₹2,667 Crs	22.46%	24.59%
Mirae Asset Focused Fund	N.A.	₹7,411 Crs	12.07%	23.54%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Large & Midcap Fund?

The current Net Asset Value (NAV) of the Mirae Asset Large & Midcap Fund - Direct Growth plan is approximately ₹158.422 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Mirae Asset Large & Midcap Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 21.76% since inception.

Mirae Asset Large & Midcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.56%	15.74%	26.42%	18.36%	21.76%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Large & Midcap Fund - Direct Growth has an expense ratio of 0.66%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Large & Midcap Fund currently has assets under management (AUM) or fund size valued at approximately ₹36,507 Crs crore as of Mar 31, 2025.

What are the top stock holdings of Mirae Asset Large & Midcap Fund?

The Mirae Asset Large & Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.59%
Axis Bank Ltd.	4.63%
State Bank of India	2.91%
ICICI Bank Ltd.	2.69%
Larsen & Toubro Ltd.	2.68%
Infosys Ltd.	1.94%
Tata Power Company Ltd.	1.88%
Reliance Industries Ltd.	1.85%
One97 Communications Ltd.	1.53%
Bharti Airtel Ltd.	1.48%

What are the top sectors Mirae Asset Large & Midcap Fund has invested in?

The Mirae Asset Large & Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	25.130000000000006%
Services	11.010000000000002%
Healthcare	10.73%
Energy	7.389999999999999%
Technology	6.74%
Automobile	6.09%
Metals & Mining	5.17%
Construction	4.43%
Capital Goods	4.23%
Communication	3.98%

What is risk level of Mirae Asset Large & Midcap Fund?

This is a Large & Midcap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mirae Asset Large & Midcap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset Large & Midcap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mirae Asset Large & Midcap Fund is complete.

How can I redeem my investments in Mirae Asset Large & Midcap Fund?

Redeeming your investments in Mirae Asset Large & Midcap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mirae Asset Large & Midcap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Large & MidCap

#NA

Return Outperformance: This fund has generated highest return amongst Large & MidCap funds in the last 10 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Exit Load: Exit load of 1% if redeemed within 1 year