Is Mirae Asset Large Cap Fund a good scheme?

I stopped my SIP in HDFC Taxsaver Fund. Should I hold the units or sell and transfer to new plans? If I should transfer, let me know any good HDFC scheme. Is Mirae Asset Large Cap Fund a good fund? I have read that large cap funds have not been performing well.
-- Deepak Aravind M

You have not mentioned why you have stopped your SIP in HDFC Taxsaver Fund. First, find out whether your SIP investments have completed the mandatory three-year lock-in period. You can sell your SIP investments in tax-saving mutual fund schemes only after every SIP instalment completes three years.

The scheme has been underperforming in the last two years. If you have completed the mandatory lock-in period, you may consider selling the investment and move to an equity mutual fund scheme that is in line with your goals, horizon and risk profile. It is not necessary to invest only in HDFC schemes, you can invest the money in any scheme that matches your profile.


Mirae Asset Large Cap Fund is a good performer in the large cap category.