Mirae Asset Large Cap Fund
The scheme seeks to generate long term capital appreciation by capitalizing on potential investment opportunities by predominantly investing in equities of large cap companies/entities. The Scheme does not guarantee or assure any returns.
Growthvine rating: 4/5 — ranked #10 of 41 in category.
Fund basics
| Category | Equity: Large Cap |
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| NAV | ₹105.11 (as of 2026-10-01) |
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| AUM | ₹38,729 Cr |
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| Expense ratio | 1.30% |
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| Riskometer | Very High |
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| Fund manager | Gaurav Misra |
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| Exit load | 1% for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 5.87% |
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| Sharpe ratio | 0.3 |
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| Standard deviation | 14.02% |
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| Max drawdown | −51.29% |
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| Alpha | -0.98 |
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| Beta | 0.97 |
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Over 5 years, captured 90.9% of NIFTY 100's upside and 93.9% of its downside.
Market cap allocation
| Large cap | 86.4% |
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| Mid cap | 9.7% |
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| Small cap | 4.0% |
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Concentration
| Top 5 holdings | 31.7% |
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| Top 10 holdings | 47.9% |
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| Total holdings | 72 |
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| Index overlap | 67.2% |
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| Active share | 32.8% |
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Top holdings
- ICICI Bank Ltd. — 9.0%
- HDFC Bank Ltd. — 8.6%
- Reliance Industries Ltd — 5.2%
- Bharti Airtel Ltd. — 5.1%
- Infosys Ltd — 3.9%
- AXIS Bank Ltd. — 3.7%
- Larsen & Toubro Limited — 3.5%
- State Bank Of India — 3.2%
- Mahindra & Mahindra Ltd. — 3.1%
- Eternal Limited — 2.7%
Top sectors
- Banking & Financial — 27.9%
- Automobile — 7.9%
- Software & Services — 6.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −10.8% | Q4 (Bottom) | #31 of 39 |
| 2025 | 10.2% | Q1 (Top) | #3 of 36 |
| 2024 | 12.7% | Q3 | #24 of 32 |
| 2023 | 18.4% | Q4 (Bottom) | #30 of 32 |
| 2022 | 1.6% | Q3 | #15 of 28 |