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5 Key Reasons to Invest in Mirae Asset Large Cap Fund

by Sneha

Mirae Asset Large Cap Fund is a flexible equity fund that targets large-cap equities, managed by Mirae Asset. The fund essentially invests in various industries and topics, focusing on retaining high-quality enterprises for a long time.

Mirae Asset Financial Group, based in Seoul, Korea, is a major player in the Asian financial markets. Mirae Asset Global Investments, the company’s asset management arm, began operations in 1997 and has grown its business internationally in a very short period of time. Mirae Assets is now present in 14 countries across five continents. Mirae Asset has been helping individuals invest wisely through its asset management firm from the United States to Europe and India.

The Mirae Asset Fund has been quite talked about of late and should you also be wondering if this fund is worth investing in, we’ve got all the information you’d need to make your decision here!

Fund Statistics and Information

  • Date of Inception/Launch: The Mirae Asset Large Cap Fund was established on April 4, 2008. 
  • Risk level: The fund’s risk level is relatively high because it invests mostly in equity schemes.
  • Atonement: Your investments in the fund have no lock-in term set by the fund house. However, you can only build your money if you invest in the long term.
  1. iv) Mr. Harshad Borawake and Mr. Gaurav Misra manages the Mirae Asset Large Cap Fund.

Best-Performing Funds of Mirae Asset Mutual Funds

Mirae Asset Mutual Fund offers a choice of products throughout the risk-return spectrum to meet the changing investment demands of its customers. The fund’s performance is determined by the fund’s size, track record of the management, past NAV growth, and numerous risk measures, as well as the fund’s AUM growth. Currently, investors may choose from 16 Mirae Asset Mutual Fund plans in various areas. Some of them are: 

Tax Saver Fund Direct-Growth, Emerging Bluechip Fund Direct-Growth, Large Cap Fund Direct- Growth, Midcap Fund Direct – Growth etc

Miare Asset Large Cap Fund Recategorization

Mirae asset large cap fund ‘s name has been altered twice in the previous three years. After SEBI’s re-categorization in early 2018, it was changed from Mirae Asset India Opportunities to Mirae Asset India Equity. The company was renamed Mirae Asset Large Cap in May 2019. Even though the fund was formerly classified as multi-cap, it has been operating as a large-cap heavy portfolio for the past six years, with at least 75 percent of its assets invested in large-cap equities. The Nifty 100 TRI is the current benchmark for MALF.

Read on to learn 5 reasons why you should invest in mutual funds.

1. Expertise from the experienced

Mirae asset large cap funds are supported by a team of experienced research analysts that examine the fund’s existing and future holdings. Fund managers make investment decisions based on the fund(s)’ performance and market prospects for attaining the Mutual Fund scheme’s goal. Fund managers and research analysts are experts in the field of mutual fund investments and asset management, with years of experience and expertise.

2. Superfluity of schemes

Investors or investors who choose to invest in Mirae asset large cap fund are given a range of options from which to choose. Every Mutual Fund scheme has its own unique feature, scheme purpose, and is designed to appeal to investors with similar investing preferences. For example, equities mutual funds cater to a group of investors that seek to build wealth over time by staying engaged. 

Debt/Bond funds, on the other hand, are for investors seeking to accomplish short-term financial goals. Aside from this, there are Balanced/Dynamic funds, which adjust asset allocation in response to market conditions. Investors who wish to buy a certain sector without the help of a specialist can invest in passive funds or index funds. This benefit allows the investor to create a more diverse portfolio at a lesser cost.

3. Invest with small amounts

The Systematic Investment Plan (SIP) and Equity-Linked Savings Scheme are two essential and fascinating components of Mutual Fund schemes (ELSS). The SIP’s first feature allows investors to contribute in tiny, regular increments. Start investing is Mirae asset large cap fund with Rs. 1000; this not only assists novice investors in developing a disciplined investment habit, but it also has little or no impact on other financial obligations. When it comes to ELSS, this approach allows investors to obtain the greatest advantage under Section 80c of the Income Tax Act, which allows them to receive a tax exemption of up to 1.50 lacs. However, there is a minimum 3-year lock-in term for ELSS. You may start investing in ELSS with as little as Rs. 500.

4. Ease of convenience

Since the introduction of the internet, online services have infiltrated the Mutual Fund investing area, allowing investors to perform online transactions, which increases their convenience. This feature, which is given by many Mutual Fund companies, is essentially a paperless, hassle-free gateway. Furthermore, tools such as the SIP calculator and the Goal calculator, among others, help the investor understand their investing needs.

  1.     Defeats the invasion of inflation

An investor can protect his money from inflation by investing in Mirae asset large cap fund. Mutual funds are an excellent way to invest your money for long-term, inflation-adjusted growth. This keeps the purchasing power of your hard-earned money from depreciating over time. With the power of compounding, one may combat inflation by investing in Mutual Funds through a Systematic Investment Plan.

Conclusion

When it comes to investing, investors are faced with a problem since they have so many options to choose from, and because it is a matter of plowing their hard-earned money, they must make the best selection possible. Stocks, bonds, shares, money market instruments, and a combination of two or more are some of the investment options available. Investing in Mirae asset large cap funds, on the other hand, provides a distinct advantage.

FAQs

  1. Is it good to invest in Mirae Asset?

Ans: Mirae Asset Emerging Bluechip Fund is appropriate for investors seeking long-term financial appreciation, according to the fund’s specifications. According to the fund’s specifications, the investment style is bottoms up: driven by value investing in growth-oriented firms.

  1. Is investing in Mirae Asset Mutual Fund Safe?

Ans: On the strength of its strong performance over the previous few years, Mirae Asset Mutual Fund has seen its asset base grow. Their plans are working effectively, and many of them have a proven track record. Diversify your assets to ensure that you are protected in the event of an unexpected turn of circumstances.

  1. Why are mutual funds bad?

Ans: When investors consider certain unfavorable elements, such as the fund’s high-cost ratios, numerous hidden front-end, and back-end load charges, lack of influence over investment decisions, and diluted returns, mutual funds are considered a terrible investment.

  1. Can I withdraw a mutual fund anytime?

Ans: An open-end scheme investment can be redeemed at any time. There are no limits on investment redemption unless it is an investment in an Equity Linked Savings Scheme (ELSS), which has a 3-year lock-in period from the date of investment.

 

5.Are mutual funds safe in 2021?

Ans: If you understand mutual funds, they are a secure investment. When investing in equity funds, investors should not be concerned with short-term fluctuations in returns. You should select a mutual fund that aligns with your financial objectives and invest for the long term.

 

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