Mirae Asset Nifty LargeMidcap 250 Index Fund
☆ Add to Watchlist
More Options
Business Overview
The Mirae Asset Nifty LargeMidcap 250 Index Fund is a passive investment option designed to track the performance of the Nifty LargeMidcap 250 Index. Ideal for investors seeking exposure to a diversified portfolio of large and mid-cap stocks in India, this fund offers a balanced approach to equity investments. It matters for those looking to capitalize on the growth potential of India's expanding corporate sector while enjoying the benefits of low expense ratios and systematic investment plans.
- Tracks Nifty LargeMidcap 250 Index
- Diversified exposure to large and mid-cap stocks
- Ideal for long-term wealth creation
- Low expense ratio enhances returns
- Suitable for both new and seasoned investors
Investment Thesis
Mirae Asset Nifty LargeMidcap 250 Index Fund presents a compelling investment opportunity due to its strong promoter credibility, significant growth potential in digital services, and attractive valuation compared to peers. This fund offers diversification and exposure to a robust midcap segment poised for growth.
- Strong backing from Mirae Asset, a reputable financial services group.
- Digital services sector is on a growth trajectory, enhancing fund performance.
- Attractive valuation metrics compared to peer index funds.
- Diversification across 250 large and midcap stocks minimizes risk.
- Ideal for long-term investors seeking exposure to India's growth story.
Opportunity vs Risk
- Diversified exposure to large and mid-cap stocks
- Potential for long-term capital appreciation
- Lower expense ratio compared to active funds
- Rising interest in index investing among retail
- Strong historical performance of Nifty indices
- Market volatility affecting fund performance
- Limited control over individual stock selection
- Economic downturns impacting large caps
- Regulatory changes affecting fund operations
- Competition from other index funds
-
10BusinessHighThe fund is invested in a diversified portfolio of large and mid-cap stocks, which are generally in future-ready sectors.
-
10GrowthHighThe underlying index has shown consistent revenue and profit growth across its constituents.
-
10ProfitabilityHighThe average ROE and ROCE of the underlying stocks are above industry benchmarks.
-
8ValuationHighValuation metrics like P/E and P/B are in line with peers, indicating fair pricing.
-
7BalanceHighThe fund's underlying companies maintain a healthy balance sheet with manageable debt levels.
-
6GovernanceGoodPromoter holding is decent, but some companies have pledging concerns.
-
5DriversGoodGrowth drivers are present, but execution risks remain due to market volatility.
-
5TechnicalsGoodMarket sentiment is mixed with moderate liquidity and price action.