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5 star

Mirae Asset Emerging Bluechip Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.81 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.73 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 23.51 -0.01 0.60 8.18 8.87 26.38 76.76 21.87 22.61 23.61 --
S&P BSE Large Mid Cap TRI 20.19 -0.02 0.56 8.52 7.01 23.55 63.45 14.60 16.00 13.22 --
Equity: Large & MidCap 21.08 0.02 0.94 9.09 8.72 24.03 67.27 14.50 16.37 15.67 --
Rank within category 10 15 22 22 12 7 2 1 1 1 --
Number of funds in category 28 28 28 28 28 28 27 21 20 18 0

As on 14-Jun-2021

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 - Direct Plan  | Invest Online
5 star
Jan-13 76.76 21.87 22.61 0.72 17,892
Canara Robeco Emerging Equities Fund - Direct Plan  | Invest Online
4 star
Jan-13 68.35 16.38 19.82 0.66 8,988
Kotak Equity Opportunities Fund - Direct Plan  | Invest Online
5 star
Jan-13 61.27 16.82 17.81 0.74 6,362
Invesco India Growth Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 54.90 13.58 17.02 0.55 3,835
Principal Emerging Bluechip Fund - Direct Plan
4 star
Jan-13 72.72 15.28 19.27 0.93 2,730

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.98 24-Mar-2020 - 31-Mar-2020 -18.46 16-Mar-2020 - 23-Mar-2020
Month 22.26 23-Mar-2020 - 22-Apr-2020 -36.77 20-Feb-2020 - 23-Mar-2020
Quarter 37.49 23-Mar-2020 - 22-Jun-2020 -34.11 23-Dec-2019 - 23-Mar-2020
Year 111.01 23-Mar-2020 - 23-Mar-2021 -27.40 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 21.86 22.93 0.77 0.85 1.01 5.70
S&P BSE Large Mid Cap TRI 15.75 22.13 0.52 0.59 -- --
Equity: Large & MidCap 15.58 23.34 0.49 0.53 1.01 -0.60
Rank within category 1 9 1 2 11 1
Number of funds in category 22 22 22 22 22 22

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

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 38.75
Top 5 Stocks (%) 25.67
Top 3 Sectors (%) 50.76
Portfolio P/B Ratio 3.43
Portfolio P/E Ratio 24.60

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,01,310 84,375
Giant (%) 46.11 38.30
Large (%) 11.60 14.55
Mid (%) 38.94 42.74
Small (%) 3.35 5.10
Tiny (%) -- 0.23

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 ICICI Bank Financial 24.18 6.56 3.99 6.54
equal HDFC Bank Financial 25.88 7.47 5.34 6.11
equal Infosys Technology 32.41 5.35 1.39 4.73
equal Axis Bank Financial 31.67 5.13 0.00 4.60
down State Bank of India Financial 17.13 4.78 2.35 3.68
equal Bharti Airtel Communication -- 3.44 0.00 2.86
up Tata Consultancy Services Technology 37.49 3.14 0.00 2.84
up Tata Steel Metals 19.00 3.19 0.04 2.51
up JK Cement Construction 30.56 2.46 0.34 2.46
down Voltas Cons Durable 66.59 3.31 1.81 2.41
equal Maruti Suzuki India Automobile 49.49 2.38 0.00 2.34
up Mphasis Technology 30.81 2.18 0.00 2.18
up Gujarat State Petronet Energy 10.72 2.48 0.00 2.17
equal Reliance Industries Energy 30.87 5.59 2.01 2.14
down Max Financial Services Financial 82.06 3.04 0.82 1.97
equal Natco Pharma Healthcare 42.34 2.09 0.27 1.92
down Bharat Petroleum Corporation Energy 6.52 2.08 0.00 1.82
up Kansai Nerolac Paints Chemicals 59.31 2.05 0.00 1.78
up SKF India Engineering 43.04 1.87 0.00 1.76
equal Balkrishna Industries Automobile 37.36 2.27 0.00 1.75
up Torrent Pharmaceuticals Healthcare 40.07 2.22 0.00 1.72
down Ashok Leyland Automobile -- 1.86 0.00 1.63
equal Ajanta Pharma Healthcare 25.84 2.34 0.00 1.62
up SBI Life Insurance Company Financial 67.86 1.59 0.00 1.59
equal Vinati Organics Chemicals 67.78 2.74 1.07 1.51

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-May-2021

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 01-Jan-2013

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.

Interviews:

Funds Managed:


-0.01%

Change from previous, NAV as on 14-Jun-2021

Growth: ₹ 93.8600

IDCW: ₹ 66.6770


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 (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 25.14%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 17,892 Cr (As on 31-May-2021)
Expense: 0.72% (As on 30-Apr-2021)
Risk Grade: Below Average
Return Grade: High
Turnover: 86.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW15-Mar-20215.2500

 16-Jan-20203.5416
 06-Dec-20183.5416

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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