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 2010-07-09. Mirae Asset Large & Midcap Fund - Regular Plan - Growth Option has achieved Rs 38166.21 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 1.54%.

• Investing Strategy:

  The investment objective of the scheme is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity related securities of large cap and mid cap companies at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity related securities to achieve optimal Portfolio construction.

• Performance:

  Mirae Asset Large & Midcap Fund - Regular Plan - Growth Option trailing returns over different times are 18.42% (1 year), 14.62% (3 year), 20.43% (5 year). The average annual return of this fund stands at 18.42%

• 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, Telecom - 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.