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Mirae Asset Emerging Bluechip Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.60 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.35 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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, thereby providing some degree of flexibility to the fund management team to invest in companies of different sizes, depending upon where it expects maximum gains. We believe this flexibility is good for fund investors but we suggest one should also consider multi cap funds which offer complete freedom to fund managers to choose companies of different sizes.

Like 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 and 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 3.56 -0.02 2.05 4.63 11.94 11.49 19.48 17.08 15.65 22.84 --
Equity: Large & MidCap 3.29 0.31 2.09 3.93 8.53 8.18 12.28 11.26 8.84 14.22 --
Rank within category 9 27 16 7 2 3 2 1 1 1 --
Number of funds in category 27 28 28 27 25 25 24 21 19 18 17

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 19.35 (07-May-2014 - 06-Jun-2014) -13.10 (07-Sep-2018 - 09-Oct-2018)
Quarter 31.74 (10-Mar-2014 - 09-Jun-2014) -19.97 (10-Nov-2010 - 09-Feb-2011)
Year 107.82 (03-Sep-2013 - 03-Sep-2014) -15.52 (31-Dec-2010 - 02-Jan-2012)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.05 13.85 0.82 1.22 1.01 2.48
Equity: Large & MidCap 11.79 13.81 0.44 0.66 1.01 -2.73
Rank within category 1 13 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 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 38.75
Top 5 Stocks (%) 24.44
Top 3 Sectors (%) 53.88
Portfolio P/B Ratio 3.00
Portfolio P/E Ratio 22.52

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 64,976 68,908
Giant (%) 41.62 42.33
Large (%) 10.50 10.46
Mid (%) 42.46 44.37
Small (%) 5.34 5.89
Tiny (%) 0.08 0.20

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
up HDFC Bank Financial 26.64 7.08 0.00 6.92
equal ICICI Bank Financial 66.86 6.27 3.15 5.98
equal State Bank of India Financial 28.05 4.78 0.00 4.53
up Reliance Industries Energy 23.10 4.97 0.00 3.54
up Larsen & Toubro Construction 19.36 3.47 0.00 3.47
up Axis Bank Financial 46.94 4.52 0.00 3.27
up Voltas Cons Durable 47.40 3.31 1.72 2.95
equal Infosys Technology 20.00 2.84 0.00 2.84
equal Max Financial Services Financial 80.92 2.66 0.00 2.66
down Indusind Bank Financial 20.82 3.91 0.00 2.60
equal Page Industries Textiles 71.66 2.86 0.00 2.43
equal Tata Consultancy Services Technology 25.67 2.39 0.00 2.39
up Balkrishna Industries Automobile 26.92 2.27 0.00 2.27
up Gujarat State Petronet Energy 13.95 2.21 0.00 2.21
equal Muthoot Finance Financial 13.12 2.24 0.00 2.10
equal Tata Global Beverages FMCG 62.30 4.42 2.05 2.05
up MindTree Technology 23.32 1.97 0.00 1.97
up HPCL Energy 7.49 3.13 0.60 1.96
equal Aditya Birla Fashion and Retail Services 60.51 2.29 0.00 1.81
equal ITC FMCG 21.23 2.22 0.00 1.81
equal Maruti Suzuki India Automobile 37.39 2.00 0.00 1.79
up Ipca Laboratories Healthcare 26.08 1.97 0.85 1.77
up Syngene International Healthcare 32.14 1.75 0.00 1.74
up Dabur India FMCG 57.61 2.12 0.61 1.71
up Dr. Lal Pathlabs Healthcare 59.89 1.83 0.00 1.71

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 31-Dec-2019

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:


-0.02%

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 59.7130

Dividend: ₹ 30.2620


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: 20.62%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 9,516 Cr (As on 31-Dec-2019)
Expense: 2.02% (As on 31-Dec-2019)
Risk Grade: Low
Return Grade: High
Turnover: --

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 Global Investments (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: www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM