Mirae Asset Large Cap Fund: A Deep Dive into a Large-Cap Stalwart
Overview: The Bedrock of Stability and Growth The Mirae Asset Large Cap Fund is an open-ended equity scheme that predominantly invests in large-cap stocks, defined as the top 100 companies by market capitalization in India. Launched on April 4, 2008, the fund aims to deliver long-term capital appreciation by capitalizing on India’s economic growth and structural shifts. Managed by seasoned fund managers Gaurav Misra and Harshad Borawake, the fund has amassed an impressive Assets Under Management (AUM) of approximately ₹40,725 crore as of June 30, 2025, reflecting strong investor confidence. The fund’s investment philosophy is rooted in a "quality at a reasonable price" approach, focusing on companies with sustainable competitive advantages, strong pricing power, and sector leadership. It allocates over 80% of its portfolio to large-cap stocks, with the flexibility to include up to 20% in mid-cap stocks for added growth potential. With a Very High -risk profile ...