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5 star

Mirae Asset Emerging Bluechip Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.22 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.19 Lakh

Suitability:

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 multi-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. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large & mid-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 4.78 1.00 0.87 6.60 10.59 29.07 11.31 6.86 13.94 23.99 17.73
S&P BSE Large Mid Cap TRI -1.16 4.21 3.29 6.76 7.35 28.10 3.03 4.42 8.72 11.79 8.37
Equity: Large & MidCap -0.83 1.11 0.58 5.11 8.81 25.01 2.91 1.20 7.57 13.91 9.47
Rank within category 4 17 11 3 6 5 1 1 1 1 1
Number of funds in category 27 29 29 29 28 28 26 21 20 18 18

As on 27-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset Emerging Bluechip Fund - Regular Plan  | Invest Online
5 star
Jul-10 11.31 6.86 13.94 1.74 11,466
Canara Robeco Emerging Equities Fund - Regular Plan  | Invest Online
5 star
Mar-05 10.53 4.21 10.83 1.93 5,987
DSP Equity Opportunities Fund  | Invest Online
4 star
May-00 0.12 1.29 8.83 1.98 4,838
Kotak Equity Opportunities Fund - Regular Plan  | Invest Online
4 star
Sep-04 7.43 3.84 9.32 2.05 3,757
Invesco India Growth Opportunities Fund  | Invest Online
4 star
Aug-07 0.92 4.62 8.92 1.93 2,960

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.99 (24-Mar-2020 - 31-Mar-2020) -18.47 (16-Mar-2020 - 23-Mar-2020)
Month 22.19 (23-Mar-2020 - 22-Apr-2020) -36.81 (20-Feb-2020 - 23-Mar-2020)
Quarter 37.15 (23-Mar-2020 - 22-Jun-2020) -34.26 (23-Dec-2019 - 23-Mar-2020)
Year 107.82 (03-Sep-2013 - 03-Sep-2014) -28.15 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.50 22.38 0.20 0.22 1.02 2.25
S&P BSE Large Mid Cap TRI 6.98 21.27 0.09 0.10 -- --
Equity: Large & MidCap 4.49 22.38 -0.02 -0.02 1.01 -2.74
Rank within category 1 10 1 1 13 1
Number of funds in category 23 23 23 23 23 23

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 58
Top 10 Stocks (%) 38.31
Top 5 Stocks (%) 24.16
Top 3 Sectors (%) 51.64
Portfolio P/B Ratio 2.61
Portfolio P/E Ratio 22.98

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 74,739 63,766
Giant (%) 46.38 38.22
Large (%) 11.05 13.57
Mid (%) 36.85 44.75
Small (%) 5.72 5.09
Tiny (%) -- 0.37

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 22.96 7.22 0.00 6.76
up ICICI Bank Financial 27.79 6.27 3.34 5.22
up Infosys Technology 26.05 5.11 0.00 5.11
up Axis Bank Financial 92.00 4.54 0.00 3.80
up Bharti Airtel Communication -- 3.37 0.00 3.27
down Reliance Industries Energy 32.38 5.59 0.00 3.09
down Tata Consultancy Services Technology 32.22 3.14 0.00 3.04
equal Max Financial Services Financial 64.33 3.02 0.00 2.84
down Voltas Cons Durable 53.65 3.31 1.72 2.72
down MindTree Technology 26.24 2.47 0.00 2.46
equal State Bank of India Financial 8.04 4.78 0.00 2.36
up Larsen & Toubro Construction 16.46 3.55 0.00 2.29
down Emami FMCG 54.25 2.28 0.00 2.19
up Gujarat State Petronet Energy 7.06 2.48 0.00 2.09
up Natco Pharma Healthcare 37.85 2.09 0.27 2.09
equal Maruti Suzuki India Automobile 53.62 2.32 0.00 2.08
equal Kansai Nerolac Paints Chemicals 68.32 2.05 0.00 2.05
down Balkrishna Industries Automobile 28.42 2.27 0.00 1.91
equal ITC FMCG 14.23 2.26 0.00 1.86
up BPCL Energy 21.79 1.95 0.00 1.81
equal Vinati Organics Chemicals 38.82 2.74 1.07 1.66
equal Hindustan Unilever FMCG 72.95 1.83 0.00 1.65
up Ajanta Pharma Healthcare 27.37 2.34 0.00 1.64
equal Indian Energy Exchange Financial 33.45 1.65 0.00 1.60
down Cholamandalam Invest. & Fin. Financial 17.41 1.73 0.00 1.57

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Ankit Jain since 31-Jan-2019

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.

Funds Managed:

— Neelesh Surana since 24-May-2010

Education: Mr. Surana is B.E (Mechanical) and MBA in Finance.

Experience: Prior to joining Mirae AMC he has worked with ASK Investment Managers Pvt Ltd.

Funds Managed:


1.00%

Change from previous, NAV as on 27-Oct-2020

Growth: ₹ 60.4150

Dividend: ₹ 30.6190


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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 09-Jul-2010
Return Since Launch: 19.06%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 11,466 Cr (As on 30-Sep-2020)
Expense: 1.74% (As on 30-Sep-2020)
Risk Grade: Below Average
Return Grade: High
Turnover: 75.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend16-Jan-20202.2135

 06-Dec-20182.2135
 24-Jul-20172.5000
 20-Jul-20162.0000
 05-Jan-20162.0000
 08-Dec-20141.8000
 18-Mar-20141.2000
 29-Oct-20121.1000

Contact Information

AMC: Mirae Asset Investment Managers (India) Pvt. Ltd.

Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098

Phone: 022-67800301 / 1800-2090-777

Email: [email protected]

Website: http://www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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