Mirae Asset Large & Midcap Fund Regular IDCW

Mirae Asset Large & Midcap Fund Regular IDCW is a scheme launched by Mirae Asset Mutual Fund on July 09, 2010, and falls under the Large and Mid Cap fund category. It currently manages an AUM of Rs 40,554.09 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.54% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Mirae Asset Large & Midcap Fund Regular IDCW trailing returns over different times are -9.32% (1 year), 6.09% (3 year) and 11.29% (5 year). The average annual return of this fund stands at -3.51%.