Mirae Asset Large Cap Fund

Mirae Asset Large Cap Fund was earlier managed by Neelesh Surana and Harshad Borawake, but since January 2019, Gaurav Misra has taken the reins as the lead manager. Misra has more than two decades of experience, and his thought process and investment style  are well-integrated with the  fund’s strategy. The investment philosophy of the fund is built on three core principles: quality businesses with stable earnings, strong management, and attractive valuation. The process includes both quantitative and qualitative stock screening with bottom-up stock-picking. The sector selection is done through top-down approach mainly based on growth prospects. Analysts then assess stocks at the industry and company levels and focus on key drivers such as returns on capital employed, returns on equity, and EBITDA margin. Within the framework, a lot of emphasis is on qualitative analysis...