Which funds are similar to Mirae Asset Large & Midcap Fund Direct-Growth?
Funds similar to Mirae Asset Large & Midcap Fund Direct-Growth in the Equity: Large & MidCap category include SBI Large & Midcap Fund Direct Plan-Growth, ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth, and Kotak Large & Mid Cap Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Mirae Asset Large & Midcap Fund Direct-Growth in its category?
On a 3-year return basis Mirae Asset Large & Midcap Fund Direct-Growth is ranked 21 out of 26 funds in the Equity: Large & MidCap category as of 6 Sep 2026. On a 5-year return basis it ranks 21 out of 25. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Mirae Asset Large & Midcap Fund Direct-Growth's expense ratio compare to similar funds?
Mirae Asset Large & Midcap Fund Direct-Growth has an expense ratio of 0.84%. The peers SBI Large & Midcap Fund Direct Plan-Growth has an expense ratio of 0.84% and ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth has 1.27%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Mirae Asset Large & Midcap Fund Direct-Growth's AUM compare to similar funds?
Mirae Asset Large & Midcap Fund Direct-Growth has an AUM of ₹45,275.3 crore. The peers SBI Large & Midcap Fund Direct Plan-Growth has an AUM of ₹42,325.1 crore and ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth has ₹32,706.3 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Equity: Large & MidCap?
The top performing fund in the Equity: Large & MidCap category on a 3-year basis is Invesco India Large & Mid Cap Fund Direct-Growth with a CAGR of 22.96% as of 6 Sep 2026. Mirae Asset Large & Midcap Fund Direct-Growth has delivered 12.31% CAGR over the same period, ranking 21 out of 26 funds. You can view and compare the full category ranking on sharpely.
How does Mirae Asset Large & Midcap Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Mirae Asset Large & Midcap Fund Direct-Growth has a Sharpe ratio of 0.55 compared to the Equity: Large & MidCap average of 0.64 as of 6 Sep 2026. It ranks 24 out of 27 funds in its category on Sharpe ratio.
