September 14, 2022
mayank
Mirae Asset Emerging Bluechip Fund
NAV Growth : Rs 108.3940
NAV IDCW : Rs 70.7540
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of large cap and midcap companies at the time of investment.
Fund Manager :
1) Ankit Jain
Education : Mr. Jain is a B.Tech (ICT) and MBA (Finance).
Experience : Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirius Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.
2) Neelesh Surana
Education : Mr. Surana is B.E (Mechanical) and MBA in Finance.
Experience : Prior to joining Mirae Asset AMC he has worked with ASK Investment Managers Pvt Ltd.
Investment Details
| Min. Investment (Rs) : | 5,000 |
| Min. Addl Investment (Rs) : | 1,000 |
| Min. SIP Investment (Rs) : | 1,000 |
| Min. Withdrawal (Rs) : | 1,000 |
| Min. No of Cheques : | 5 |
| Min. Balance (Rs) : | — |
| Lock-in Period : | NA |
| Exit Load : | 1% for redemption within 365 days |
Basic Details
| Fund House : | Mirae Asset Mutual Fund |
| Launch Date : | 01-Jan-13 |
| Return Since Launch : | 23.39% |
| Benchmark : | NIFTY Large Midcap 250 TRI |
| Riskometer : | Very High |
| Type : | Open-ended |
| Assets : | Rs 23,510 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio : | 0.69% |
| (As on 31-Jul-2022) | |
| Risk Grade : | Low |
| Return Grade : | High |
| Turnover : | 65.00% |
Mirae Asset Emerging Bluechip Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Emrgng Bluechip Dir | 1.47 | 0.65 | 2.11 | 15.2 | 8.54 | 2.69 | 25.07 | 16.47 | 19.86 | — |
| S&P BSE Large Mid Cap TRI | 6.83 | 0.65 | 3.2 | 17.17 | 11.56 | 7.45 | 20.62 | 13.57 | 14.62 | — |
| Equity: Large & MidCap | 4.63 | 0.52 | 4.1 | 18.4 | 11.89 | 7.44 | 22.93 | 13.14 | 14.97 | — |
| Rank within category | 24 | 6 | 28 | 28 | 26 | 25 | 4 | 1 | 1 | — |
| Number of funds in category | 28 | 29 | 29 | 29 | 29 | 27 | 23 | 19 | 19 | 0 |
Mirae Asset Emerging Bluechip Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| Mirae Asset Emrgng Bluechip Dir | 5 star | 2.69 | 25.07 | 16.47 | 0.69 | 23,510 | 23.39 | 1.00 (365) | 9yrs 8mo | 65.00 |
| Canara Robeco Emrgng Equities Dir | 4 star | 5.11 | 25.92 | 14.74 | 0.59 | 14,949 | 21.71 | 1.00 (365) | 9yrs 8mo | 28.00 |
| Kotak Eqt Opp Dir | 4 star | 8.98 | 23.86 | 14.46 | 0.59 | 10,842 | 17.01 | 1.00 (365) | 9yrs 8mo | 10.78 |
| Axis Growth Opp Dir | 5 star | 3.71 | 26.67 | — | 0.56 | 8,476 | 22.96 | 1.00 (365) | 3yrs 10mo | 30.00 |
| SBI Large & Midcap Dir | 4 star | 14.38 | 24.51 | 15.28 | 1.15 | 7,732 | 17.34 | 0.10 (30) | 9yrs 8mo | 35.00 |
Portfolio Analysis
| No. of Stocks (%) : | 69 |
| Top 10 Stocks (%) : | 35.95 |
| Top 5 Stocks (%) : | 22.40 |
| Top 3 Sectors : | 0.47 |
| Portfolio P/B Ratio : | 3.09 |
| Portfolio P/E Ratio : | 20.00 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 91,158 | 98,336 |
| Giant (%) | 38.23 | 38.85 |
| Large (%) | 12.94 | 17.58 |
| Mid (%) | 44.93 | 41.62 |
| Small (%) | 3.90 | 4.24 |
| Tiny (%) | — | 0.00 |
Mirae Asset Emerging Bluechip Fund by Chanakya :
Do not invest in this, or any other large & mid-cap fund, if you need to redeem your investment in less than five years.
Apply Online :
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