ReviewDirect · Growth
Mirae Asset Large Cap Fund
Mirae Asset Mutual FundEquity Schemes - Large Cap Fund13.7 years
The scheme aims to maximize long term capital appreciation by finding investment opportunities resulting from Indian economic growth and its structural shifts through investing in equity and equity related securities.
- NAV
- 123.044
- 15 Sept 2026
- 1Y
- -2.6%
- Trailing CAGR
- AUM
- ₹38,166.23 Cr
- 31 Aug 2026
- Volatility
- Medium
- 15.7% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-2.6%
- 3Y+7.9%
- 5Y+7.9%
- 10Y+12.4%
- SI+14.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.5%
- 3Y+3.8%
- 5Y+7.7%
- 10Y+11.7%
- Since inception
- +14.8%
- Calendar-day CAGR
- Excess 1Y
- -2.6%
- Category median, same plan and option
- 3Y win rate
- +65%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- Worst rolling 3Y
- -3.4%
- 2637 daily-ending windows
- Median rolling 3Y
- +15.5%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2144 daily-ending windows
- SIP 3Y XIRR
- +3.8%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 13 days
- 180 recovered episodes
- Longest recovery
- 234 days
- Trough to prior peak
- Current spell
- 252 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
16 Jan 2020 – 6 Nov 2020
Trough 23 Mar 2020 · recovered in 228 days
-37.4%
19 Aug 2015 – 4 Jul 2016
Trough 25 Feb 2016 · recovered in 130 days
-18.9%
18 Oct 2021 – 30 Nov 2022
Trough 17 Jun 2022 · recovered in 166 days
-17.4%
26 Sept 2024 – 20 Oct 2025
Trough 28 Feb 2025 · recovered in 234 days
-15.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
34
Consistency
64
Risk-adjusted
57
Drawdown
6
Mean
32
Portfolio
31 Aug 2026 · 74 holdings · top 10 are 47.9%.
- Top 5
- 31.7%
- Top 10
- 47.9%
- Largest holding
- 9.0%
- Effective holdings
- 29.6
ICICI Bank Ltd
Financial
9.0%
HDFC Bank Ltd
Financial
8.6%
Reliance Industries Ltd
Energy & Utilities
5.1%
Bharti Airtel Ltd
Technology
5.1%
Infosys Ltd
Technology
3.9%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 11 Sept 2026
Review
Engine status
Review
Closer look
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 65% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Invesco India Large Cap Fund
Invesco Mutual Fund
- 1Y
- +1.1%
- 3Y
- +12.7%
- Vol
- 15.6%
- Max DD
- -36.9%
- Sharpe
- 0.64
- 3Y win
- +73%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
WhiteOak Capital Large Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- -1.6%
- 3Y
- +12.0%
- Vol
- 12.6%
- Max DD
- -15.2%
- Sharpe
- 0.58
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Mahindra Manulife Large Cap Fund
Mahindra Manulife Mutual Fund
- 1Y
- -4.7%
- 3Y
- +8.2%
- Vol
- 16.4%
- Max DD
- -35.3%
- Sharpe
- 0.51
- 3Y win
- +72%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
Canara Robeco Large Cap Fund
Canara Robeco Mutual Fund
- 1Y
- -3.2%
- 3Y
- +9.8%
- Vol
- 15.2%
- Max DD
- -32.6%
- Sharpe
- 0.60
- 3Y win
- +60%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
JM Large Cap Fund
JM Financial Mutual Fund
- 1Y
- +0.6%
- 3Y
- +10.3%
- Vol
- 13.5%
- Max DD
- -19.8%
- Sharpe
- 0.55
- 3Y win
- +42%
- Lower volatility
- Shallower drawdown
- Higher trailing returns