Mirae Asset Mutual Fund · Equity · Large & Mid Cap · Direct plan
Mirae Asset Large & Midcap Fund - Direct Plan - Growth
In plain words
Over 3 years it returned +11.4% a year, against +7.4% for its benchmark index.
Its worst fall from a peak in the last 3 years was -19.5%.
On 3-year return it ranks 21 of 24 funds in Large & Mid Cap.
A monthly SIP over 10 years ended ₹1,48,334 higher in the direct plan than the regular plan, because of the lower expense ratio.
Past returns, not a promise of future returns or a recommendation.
Returns vs benchmark
| Period | Fund | Benchmark |
|---|---|---|
| 1 month | -1.4% | +1.9% |
| 3 months | -7.0% | -5.1% |
| 6 months | -1.6% | -3.2% |
| 1 year | -5.8% | -10.2% |
| 3 years (yearly) | +11.4% | +7.4% |
| 5 years (yearly) | +9.3% | +6.5% |
| 10 years (yearly) | +15.2% | +11.3% |
| Since start (yearly) | +19.6% | +11.2% |
Monthly SIP of ₹10,000
| Period | Invested | Value now | Yearly return |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,15,202 | -6.5% |
| 3 years | ₹3,60,000 | ₹3,79,428 | +3.3% |
| 5 years | ₹5,90,000 | ₹7,40,504 | +8.9% |
| 10 years | ₹11,90,000 | ₹25,34,468 | +14.4% |
Top holdings (30 Sept 2026)
Fund size ₹42,834 crore · 84 holdings · 98.6% in equity
| Company | Industry | Weight |
|---|---|---|
| HDFC Bank Ltd. | Banks | 6.40% |
| Laurus Labs Ltd. | Pharmaceuticals & Biotechnology | 4.10% |
| ICICI Bank Ltd. | Banks | 3.93% |
| Axis Bank Ltd. | Banks | 3.46% |
| State Bank of India | Banks | 2.98% |
| Reliance Industries Ltd. | Petroleum Products | 2.92% |
| Bharti Airtel Ltd. | Telecom - Services | 2.81% |
| Steel Authority of India Ltd. | Ferrous Metals | 2.25% |
| Hero MotoCorp Ltd. | Automobiles | 2.05% |
| SBI Life Insurance Co. Ltd. | Insurance | 2.03% |
| Delhivery Ltd. | Transport Services | 1.98% |
| Hindalco Industries Ltd. | Non - Ferrous Metals | 1.97% |
| HDB Financial Services Ltd. | Finance | 1.96% |
| Lupin Ltd. | Pharmaceuticals & Biotechnology | 1.87% |
| Dalmia Bharat Ltd. | Cement & Cement Products | 1.81% |
Largest industries: Banks 19.4%, Pharmaceuticals & Biotechnology 9.9%, Telecom - Services 4.5%, Transport Services 4.5%, Automobiles 4.4%, Retailing 4.0%.
Other plan of this fund: Mirae Asset Large & Midcap Fund - Regular Plan - Growth