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5 star

Mirae Asset Emerging Bluechip Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.28 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.05 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 1.36 2.38 0.76 -2.67 11.63 38.10 8.73 8.50 15.05 25.66 --
S&P BSE Large Mid Cap TRI -5.73 1.82 0.14 -3.42 8.81 32.28 -0.64 4.81 8.86 11.84 --
Equity: Large & MidCap -3.18 1.97 0.48 -2.90 9.95 32.18 1.35 3.35 8.78 15.43 --
Rank within category 5 2 9 13 8 1 3 1 1 1 --
Number of funds in category 26 28 28 27 27 27 24 20 20 18 0

As on 28-Sep-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 - Direct Plan  | Invest Online
5 star
Jan-13 8.73 8.50 15.05 0.84 11,316
Canara Robeco Emerging Equities Fund - Direct Plan  | Invest Online
5 star
Jan-13 10.25 6.14 12.10 0.77 5,878
Kotak Equity Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.22 5.66 10.58 0.82 3,637
Invesco India Growth Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 1.56 6.74 10.70 0.69 2,831
Principal Emerging Bluechip Fund - Direct Plan
4 star
Jan-13 5.93 3.73 11.50 0.99 2,091

Best & Worst Performance

Best (Period) Worst (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 110.01 (03-Sep-2013 - 03-Sep-2014) -27.40 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 10.55 22.44 0.24 0.27 1.02 3.51
S&P BSE Large Mid Cap TRI 6.79 21.32 0.08 0.09 -- --
Equity: Large & MidCap 5.40 22.27 0.01 0.01 1.00 -1.61
Rank within category 1 10 1 1 13 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-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 58
Top 10 Stocks (%) 39.16
Top 5 Stocks (%) 24.78
Top 3 Sectors (%) 52.06
Portfolio P/B Ratio 2.65
Portfolio P/E Ratio 21.95

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 77,025 65,088
Giant (%) 47.47 38.78
Large (%) 10.56 14.54
Mid (%) 37.75 43.83
Small (%) 4.23 4.52
Tiny (%) -- 0.33

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 20.35 7.22 0.00 7.09
up ICICI Bank Financial 24.61 6.27 3.30 5.54
up Infosys Technology 25.25 4.52 0.00 4.20
equal Axis Bank Financial 79.46 4.54 0.00 4.17
down Reliance Industries Energy 35.27 5.59 0.00 3.80
up Bharti Airtel Communication -- 3.37 0.00 3.37
equal Tata Consultancy Services Technology 29.15 3.14 0.00 2.91
equal Max Financial Services Financial 69.10 3.02 0.00 2.77
equal State Bank of India Financial 7.74 4.78 0.00 2.74
equal Voltas Cons Durable 52.69 3.31 1.72 2.60
equal MindTree Technology 28.19 2.47 0.00 2.46
down Larsen & Toubro Construction 15.13 3.55 0.00 2.36
up Emami FMCG 52.02 2.28 0.00 2.28
equal Maruti Suzuki India Automobile 50.24 2.32 0.00 2.13
up ITC FMCG 14.75 2.26 0.00 2.09
up Kansai Nerolac Paints Chemicals 63.46 1.98 0.00 1.98
equal Balkrishna Industries Automobile 30.63 2.27 0.00 1.97
up BPCL Energy 24.07 1.95 0.00 1.95
up Gujarat State Petronet Energy 6.85 2.48 0.00 1.91
up Hindustan Unilever FMCG 70.81 1.83 0.00 1.71
down Cholamandalam Invest. & Fin. Financial 17.43 1.73 0.00 1.65
equal SRF Diversified 23.81 2.70 0.62 1.64
down NTPC Energy 15.03 2.12 0.00 1.58
equal Ashok Leyland Automobile -- 1.57 0.00 1.57
down Indian Energy Exchange Financial 33.00 1.65 0.00 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-Aug-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 01-Jan-2013

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:


2.38%

Change from previous, NAV as on 28-Sep-2020

Growth: ₹ 62.3070

Dividend: ₹ 48.0790


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: 01-Jan-2013
Return Since Launch: 21.15%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 11,316 Cr (As on 31-Aug-2020)
Expense: 0.84% (As on 31-Aug-2020)
Risk Grade: Below Average
Return Grade: High
Turnover: 84.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend16-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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