NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹105.95
0.21%
NAV as on 16 Nov 24, 12:00 AM
very high risk
large cap
equity
NAV as on 16 Nov 24, 12:00 AM
very high risk
large cap
equity
22.52%p.a.
Last 1Y
8.94%p.a.
Last 3Y
14.94%p.a.
Last 5Y
15.45%p.a.
Since Inception
About Mirae Asset Large Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mirae Asset Large Cap Fund Growth scheme from Mirae Asset Investment Managers (India) Private Limited. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Apr 2008, Mirae Asset Large Cap Fund Growth is Large-Cap fund of its category with 39,336.6 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.
- Mirae Asset Large Cap Fund Growth delivered 22.5% annual returns during the last year. It has delivered 15.4% average annual returns since the fund was launched.
- Mirae Asset Large Cap Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund 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.The Scheme does not guarantee or assure any returns.
Top 10 Holdings
HDFC Bank Ltd
9.78%
ICICI Bank Ltd
7.33%
Infosys Ltd
5.89%
Axis Bank Ltd
4.40%
Larsen & Toubro Ltd
4.09%
Reliance Industries Ltd
4.05%
Bharti Airtel Ltd
3.75%
Tata Consultancy Services Ltd
3.50%
State Bank of India
2.96%
Kotak Mahindra Bank Ltd
2.87%
Fund Managers
- Gaurav Misra (Jan 2019 - Present)
Key Information
View Scheme Document
Mirae Asset Large Cap Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Mirae Asset Large Cap Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Mirae Asset Large Cap Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mirae Asset Large Cap Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
ICICI Prudential Bluechip Fund Growth
very high risk | equity
15.0%
SBI Bluechip Fund Growth
very high risk | equity
10.9%
HDFC Top 100 Fund Growth
very high risk | equity
15.0%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved