Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Large Cap Fund

Holds 73 companies worth ₹35,466 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹35,594 CrMirae Asset Large Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.7% on Aug 2026, ₹38,166 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 9.2% of this scheme's NAV.

  • Fund manager

    Gaurav MisraRuns it since 31 Jan 2019, as the fund house dates it.

Overview(4 Oct 2026)

Fund managers1

  1. Gaurav MisraFund manager · Jan 2019 · 29y · MBA

    Key facts

    Benchmark
    Nifty 100 (TRI)
    Risk
    Very High
    Expense
    Regular 1.7% · Direct 0.77%
    Exit load
    1% within 1 year
    Started
    4 Apr 2008
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 4 Oct 2026 at AMFI.

    What changed(13 changes)

    Oct 2026

    1 change
    1. Expense ratio
      4 OctRegular 1.71% → 1.7%Direct 0.76% → 0.77%

    Jul 2026

    1 change
    1. Expense ratio
      29 JulRegular 1.52% → 1.71%Direct 0.56% → 0.76%

    Mar 2026

    1 change
    1. Expense ratio
      20 MarRegular 1.51% → 1.52%Direct 0.54% → 0.56%

    Source.Its filings at NSE, since Aug 2024.

    Fund managers over time(Jan 2019 – now)

    1. Gaurav Misra
    MainCoSlice2020202120222023202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Aug 2024 – Oct 2026)

    Every change to the expense ratio, newest first.
    14 changesRegularDirectΔ pt
    4 Oct 20261.70%0.77%0.01
    29 Jul 20261.71%0.76%0.20
    20 Mar 20261.52%0.56%0.02
    30 Nov 20251.51%0.54%0.01
    22 Sept 20251.51%0.53%0.01
    24 Jun 20251.52%0.54%0.01
    21 Apr 20251.52%0.55%0
    19 Mar 20251.53%0.55%0.01
    27 Feb 20251.53%0.54%0.05
    17 Jan 20251.51%0.49%0.06
    17 Oct 20241.51%0.55%0.02
    17 Sept 20241.50%0.53%0
    2 Sept 20241.51%0.53%0.01
    21 Aug 20241.51%0.54%–
    Direct plan, 4 Oct 2026
    0.77%
    Regular plan 1.70% · Exit load 1% within 1 year
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(4 Oct 2026)

    Objective

    The investment objective of the scheme is 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. There is no assurance that the investment objective of the Scheme will be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open-ended equity scheme predominantly investing across large cap stocks
    Benchmark
    Nifty 100 (TRI)

    Asset allocation it may hold% of NAV

    1. Equities and Equity Related Securities of Large Cap companies/entities
      Allowed80–100%Holds99.6%
    2. Equities and Equity Related Securities of companies other than Large Cap companies/entities*/ Money market instruments and other liquid instruments^/ Units issued by InVITs/Units of Domestic Mutual Fund@
      Allowed0–20%

    Holds in Sept 2026.99.6% equity · 0.4% debt and cash

    How to invest(4 Oct 2026)

    Buying

    To start
    ₹5,000, then in multiples of ₹1
    To add
    ₹1,000, then in multiples of ₹1
    Most
    Any Amount
    Systematic
    SIP - Monthly / Quarterly SWP - Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
    Dates
    SIP - Except 29,30 and 31 all dates SWP - 1, 10, 15, 21 and 28 STP - Daily, Weekly only Wednesday, Fortnightly - alternate Wednesday, Monthly
    Minimum
    ₹500, then in multiples of ₹1
    Instalments
    5

    Selling and switching

    To redeem
    ₹1 or Any Units units
    Switch minimum
    ₹5,000
    Switch multiples
    ₹1
    Switch most
    Any Amount or Any Units units

    Scheme details(4 Oct 2026)

    What it is

    Category
    Large Cap Fund
    Offer
    11 Feb 2008 to 11 Mar 2008
    Started
    4 Apr 2008
    Reopened
    9 Apr 2008
    Plans
    Direct Plan Growth · Direct Plan IDCW - Payout · Direct PlanIDCW - Reinvestment · Regular PlanIDCW - Payout · Regular PlanIDCW - Reinvestment · Regular Plan Growth
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    M/s. Deutsche Bank AG, Mumbai
    Auditor
    M/s.Chokshi & Chokshi, Chartered Accountants
    Registrar
    KFIN Technologies Limited
    SEBI code
    MIRA/O/E/LCF/08/02/0001