Mirae Asset Large & Midcap Fund

Q: What are the returns of this mutual fund scheme?

The Mirae Asset Large & Midcap Fund is a 15 yrs 8 m old fund and has delivered average annual returns of 19.04% since inception. Mirae Asset Large & Midcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 11.27% 16.91% 14.58% 17.99% 19.04%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹151.13-0.58% 1 day change	19.04% p.a.	App exclusive #NA View Ranked Funds	₹43,766 Cr

Historical NAV & returns

NAV: ₹151.13 as on Feb 02, 2026

This fund Category average

Mirae Asset Large & Midcap Fund overview

AUM (Fund size)	₹43,766 Cr
Exit load	1.0% Exit load of 1% if redeemed within 1 year!
Lock-in Period	Nil
Age	15 yrs 8 m since May 24, 2010
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	1.49% as on Feb 02, 2026
Plan type	Regular
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, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

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 Feb 03, 2026

Period	This fund	Category average
1 Month	-4.74%	-5.16%
3 Months	-3.81%	-5.36%
6 Months	2.04%	-2.08%
1 Year	11.27%	5.53%
2 Years	8.9%	8.86%
3 Years	16.91%	17.13%
4 Years	11.19%	12.21%
5 Years	14.58%	15.56%
7 Years	17.32%	15.83%
10 Years	17.99%	14.64%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 50.73%

Mid Cap 33.22%

Small Cap 14.34%

Other Cap 0%

Top holdings

HDFC Bank Ltd.6.27%

ICICI Bank Ltd.4.2%

Axis Bank Ltd.3.84%

State Bank of India2.97%

Top sectors

Financial 26.93%

Services 11.459999999999999%

Healthcare 11.209999999999999%

Automobile 8.33%

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 2.13455383%

Mutual Fund 0.25969003%

Other Holdings

Others 2.13%

Mirae Asset Liquid Fund Direct- Growth 0.26%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Large & Midcap Fund	-4.74%	2.04%	11.27%	16.91%	14.58%	17.99%
ICICI Prudential Large & Mid Cap Fund	-4.92%	3.34%	8.25%	20.23%	20.44%	16.62%
Bandhan Large & Mid Cap Fund	-4.96%	1.12%	9.42%	22.21%	19.21%	16.59%
UTI Large & Mid Cap Fund	-3.85%	3.11%	9.59%	21.4%	19.04%	15.42%
HDFC Large and Mid Cap Fund	-5.26%	-0.43%	7.44%	19.27%	18.9%	15.92%
Kotak Large & Midcap Fund	-3.01%	2.55%	11.95%	19.11%	17.22%	16.67%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Large & Midcap Fund	13.52	1.05	0.78	1.09
ICICI Prudential Large & Mid Cap Fund	11.76	0.9	1.14	1.62
Bandhan Large & Mid Cap Fund	13.37	1.01	1.16	1.6
UTI Large & Mid Cap Fund	13.24	1.02	1.1	1.58
HDFC Large and Mid Cap Fund	13.86	1.08	0.93	1.38
Kotak Large & Midcap Fund	12.57	0.94	1.01	1.31

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Large & Midcap Fund	N.A.	43,766 Cr	15 yrs 8 m	1.49%
ICICI Prudential Large & Mid Cap Fund	N.A.	27,745 Cr	27 yrs 7 m	1.63%
Bandhan Large & Mid Cap Fund	N.A.	13,636 Cr	20 yrs 7 m	1.69%
UTI Large & Mid Cap Fund	N.A.	5,635 Cr	20 yrs 6 m	1.87%
HDFC Large and Mid Cap Fund	N.A.	28,980 Cr	32 yrs	1.63%
Kotak Large & Midcap Fund	N.A.	30,039 Cr	21 yrs 6 m	1.58%

View all Large & Midcap funds

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

Alpha	0.34 vs. 5.15 Underperformed at beating benchmark
Sharpe	0.78 vs. 5.94 Poor risk-adjusted returns
Beta	1.05 vs. 0.91 More sensitive to market's ups & downs
Standard deviation	13.52 vs. 10.81 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 is a Large & MidCap mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 15 yrs 8 m, having been launched on 24/05/2010. Mirae Asset Large & Midcap Fund has ₹43,766 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Large & Midcap Fund as of 02/02/2026 is ₹151.13. The fund has an expense ratio of 1.49%, which is higher than what most other Large & Midcap funds charge.

Mirae Asset Large & Midcap Fund returns of last 1-year are 10.18%. Since launch, it has delivered 19.04% average annual returns. The fund has doubled the money invested in it every 6 yrs.
Mirae Asset Large & Midcap Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Services, Healthcare, Automobile, 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., ICICI Bank Ltd., Axis Bank Ltd., State Bank of India, ITC Ltd..

...

Fund AUM	43,766 Cr as on Dec 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	48 view all schemes
Total AUM	2,29,565 Cr as on Dec 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	1Y	5Y
Mirae Asset NYSE FANG+ ETF FoF	N.A.	2,282 Cr	23.12%	N.A.
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF	N.A.	381 Cr	37.13%	N.A.
Mirae Asset S&P 500 Top 50 ETF FoF	N.A.	773 Cr	23.01%	N.A.
Mirae Asset Midcap Fund	N.A.	18,409 Cr	12.84%	18.41%
Mirae Asset Great Consumer Fund	N.A.	4,754 Cr	-2.97%	14.61%
Mirae Asset ELSS Tax Saver Fund	N.A.	27,196 Cr	10.33%	14.61%

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 plan is approximately ₹151.13 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Mirae Asset Large & Midcap Fund is a 15 yrs 8 m old fund and has delivered average annual returns of 19.04% since inception.

Mirae Asset Large & Midcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
11.27%	16.91%	14.58%	17.99%	19.04%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Large & Midcap Fund has an expense ratio of 1.49%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 43,766 Cr as on Dec 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.	6.27%
ICICI Bank Ltd.	4.2%
Axis Bank Ltd.	3.84%
State Bank of India	2.97%
ITC Ltd.	2.84%
Tata Consultancy Services Ltd.	2.6%
Larsen & Toubro Ltd.	2.26%
Lupin Ltd.	2.07%
Indusind Bank Ltd.	2.0%
Infosys Ltd.	2.0%

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	26.93%
Services	11.459999999999999%
Healthcare	11.209999999999999%
Automobile	8.33%
Technology	6.670000000000001%
Energy	5.96%
Consumer Staples	4.84%
Construction	3.7699999999999996%
Communication	3.36%
Consumer Discretionary	3.11%

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

Redeeming your investments in the Mirae Asset Large & Midcap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Large & MidCap

#NA

Return Outperformance: This fund has generated highest return amongst Large & MidCap funds in the last 10 Years.
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.
Chance: This fund has generated only 17.9% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 1 year