- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Large & Midcap Fund (RIDCW-A)
Formerly Mirae Asset Large & Midcap IDCW-R
Mirae Asset Large & Midcap Fund (RIDCW-A)
₹ 47.091
NAV (Apr 22)
Large & mid cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 47.091
NAV (Apr 22)
Fund Returns
Last 1Y | 38.2% |
Last 3Y | 18.4% |
Last 5Y | 19% |
Last 10Y | 21.5% |
Since Inception | 20% |
6 Month CAGR | 17.4% |
Scheme Information
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.The Scheme does not guarantee or assure any returns.
Expense Ratio | 1.57 |
Launched (14y ago) | Jul 09, 2010 |
AUM in Crores | 33618.782 |
ISIN | INF769K01119 |
Lock-in | No Lock-in |
Benchmark | Nifty LargeMidcap 250 TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 12.3 |
Standard Deviation (5yr) | 18.7 |
Beta (3yr) | 0.9 |
Beta (5yr) | 0.93 |
Sharpe Ratio (3yr) | 0.922 |
Sharpe Ratio (5yr) | 0.728 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Large & Midcap Fund (RIDCW-A) | 11,84,202 | 4,51,590 | 19% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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 before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
hdfc bank ltd
5.6%state bank of india
3.6%icici bank ltd
3.1%larsen & toubro ltd
3.1%reliance industries ltd
3%Allocation by Sector
financial services
29.3%consumer cyclical
13.5%industrials
11.2%basic materials
10.4%healthcare
8.5%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 17,313 cr | ||
₹ 14,075 cr | ||
₹ 21,475 cr | ||
₹ 53,505 cr | ||
₹ 41,281 cr |
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
18.8% | 18.8% | ||
18% | 18.2% | ||
24.7% | 26.9% | ||
14.8% | 21% | ||
10.9% | 11.4% |
Mirae Asset Large & Midcap Fund (RIDCW-A) Review
Mirae Asset Large & Midcap Fund (RIDCW-A) is a Large & Mid Cap Equity fund and has delivered an annualised return of 20% over a period of 13 years. The fund was previously known as Mirae Asset Large & Midcap IDCW-R. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund managers are Ankit Jain, Neelesh Surana.
Nav of Mirae Asset Large & Midcap Fund (RIDCW-A) as of 4/22/2024 is ₹47.09 with the total AUM as of 4/23/2024 is ₹33618.782. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Large & Midcap Fund (RIDCW-A) was launched on Jul 09, 2010. The category risk of the fund is Very High Risk.
The minimum SIP amount for Mirae Asset Large & Midcap Fund (RIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Mirae Asset Large & Midcap Fund (RIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty LargeMidcap 250 TR INR.
Mirae Asset Large & Midcap Fund (RIDCW-A) is rated as a 3 fund in Equity and delivered 38.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Large & Midcap Fund (RIDCW-A).
Frequently Asked Questions
What is Mirae Asset Large & Midcap Fund (RIDCW-A)?
How to invest in Mirae Asset Large & Midcap Fund (RIDCW-A)?
You can invest in Mirae Asset Large & Midcap Fund (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Mirae Asset Large & Midcap Fund (RIDCW-A)?
The minimum sip amount for Mirae Asset Large & Midcap Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Large & Midcap Fund (RIDCW-A) good to invest in?
As per Scripbox experts, Mirae Asset Large & Midcap Fund (RIDCW-A) is a Neutral fund. You can investMirae Asset Large & Midcap Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Mirae Asset Large & Midcap Fund (RIDCW-A)?
The expense ratio of the Mirae Asset Large & Midcap Fund (RIDCW-A) is 1.57% for regular plan.