Mirae Asset Large Cap Fund Direct Plan Growth

About Mirae Asset Large Cap Fund

Mirae Asset Large Cap Fund is an open-ended equity scheme that predominantly invests across large-cap stocks. The fund includes the flexibility of investing across various sectors and themes. It chooses high-quality businesses up to a reasonable level and holds on to them for a long period of time.

Pros and Cons of Mirae Asset Large Cap Fund

The fund provides an opportunity for the investor to choose dividend payouts or re-invest them. The one-year, three-year, and five-year returns you can earn by investing in Mirae Asset Large Cap Fund is much higher as compared to the category average returns. On the other hand, risk-adjusted returns are lower than the category. Also, the asset under management is beyond the Rs.15,000 crore; therefore, the returns may go low at some point.

Fund Information and Statistics

i) Inception/Launch Date Mirae Asset Large Cap Fund was incepted on 4 April 2008.

ii) Risk level The risk level associated with the fund is moderately high as it predominantly invests assets in equity schemes.

iii) Redemption The fund house has not specified any lock-in period for your investments in the fund. However, you can grow wealth only if you stay invested for a long term.

iv) Fund Manager Mr Harshad Borawake and Mr Gaurav Misra are currently managing the Mirae Asset Large Cap Fund.

v) Entry/Exit Load No entry load is applicable as specified by the Securities and Exchange Board of India (SEBI). An exit load of 1% will be applicable to your investments if you happen to redeem within a period of 365 days.

About Mirae Asset Mutual Fund

Mirae Asset Mutual Fund has remained SEBI-registered since 30 November 2007. The trustee of the Mirae Asset Mutual Fund is Mirae Asset Trustee Company Private Limited. Similarly, its sponsor is Mirae Asset Global Investments Company Limited-Seoul, Korea. The fund house has been managing 26 lakh folios across 21 branches in India.