Mirae Asset Large & Midcap Fund - Regular Plan - Growth Option

Mirae Asset Large & Midcap Fund - Regular Plan - Growth Option is a fund scheme from Mirae Asset mutual fund. It falls under a Large and Mid Cap category. After being launched on 02-07-2010. Mirae Asset Large & Midcap Fund - Regular Plan - Growth Option has achieved Rs 37852.75 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 500 and lumpsum of Rs 5000 to start the investment. The expense ratio of this fund is 1.53%.

• Investing Strategy:

  To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of companies which are not part of the top 100 stocks by market capitalization and have market capitalization of atleast Rs.100 Crores at the time of investment.

• Performance:

  Mirae Asset Large & Midcap Fund - Regular Plan - Growth Option trailing returns over different times are 29.78% (1 year), 12.61% (3 year), 20.98% (5 year). The average annual return of this fund stands at 29.78%

• Fund Manager & Portfolio Allocation:

  Neelesh Surana, Ankit Jain are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Banks, IT - Software, Pharmaceuticals & Biotechnology, Consumer Durables, Transport Services Sectors. First five holdings of this fund are HDFC Bank Limited, Axis Bank Limited, State Bank of India, Larsen & Toubro Limited, ICICI Bank Limited Companies.