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5 star

Mirae Asset Emerging Bluechip Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 2.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.87 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 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. 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 1.02 -1.31 -3.46 4.69 -1.46 12.62 34.00 27.08 22.73 20.23 --
S&P BSE Large Mid Cap TRI 1.38 -1.07 -3.45 4.91 -2.48 12.70 28.55 18.81 17.22 12.46 --
Equity: Large & MidCap 0.69 -1.64 -3.68 4.72 -0.66 13.19 34.37 21.71 17.32 13.58 --
Rank within category 12 4 10 13 18 16 13 2 1 1 --
Number of funds in category 28 28 28 28 27 27 27 22 19 18 0

As on 21-Jan-2022

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 34.00 27.08 22.73 0.67% 21,972
Canara Robeco Emerging Equities Fund - Direct Plan  | Invest Online
5 star
Jan-13 33.37 24.28 20.67 0.62% 12,459
Kotak Equity Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 29.21 22.04 17.88 0.62% 8,663
Axis Growth Opportunities Fund - Direct Plan
5 star
Oct-18 42.84 29.46 -- 0.47% 5,587
Sundaram Large and Mid Cap Fund - Direct Plan
4 star
Jan-13 37.26 21.04 18.88 0.86% 5,100

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 26.06 21.87 1.02 1.06 1.00 6.14
S&P BSE Large Mid Cap TRI 19.27 21.40 0.73 0.82 -- --
Equity: Large & MidCap 21.85 22.15 0.83 0.86 0.98 2.13
Rank within category 2 10 2 3 11 2
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-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 67
Top 10 Stocks (%) 37.31
Top 5 Stocks (%) 24.40
Top 3 Sectors (%) 49.09
Portfolio P/B Ratio 3.62
Portfolio P/E Ratio 22.50

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,03,943 93,399
Giant (%) 44.69 39.24
Large (%) 14.28 18.30
Mid (%) 38.18 40.42
Small (%) 2.84 3.75
Tiny (%) -- 0.40

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 ICICI Bank Financial 25.10 6.56 4.09 5.98
up HDFC Bank Financial 23.39 7.47 5.49 5.49
equal Infosys Technology 34.94 5.35 2.07 5.26
equal Axis Bank Financial 21.85 5.13 3.23 4.23
equal State Bank of India Financial 15.66 4.78 2.35 3.44
up Reliance Industries Energy 29.04 5.59 0.03 2.76
down JK Cement Construction 33.64 2.88 0.34 2.63
equal Tata Consultancy Services Technology 37.68 3.14 0.00 2.58
equal Voltas Consumer Durable 66.89 3.31 1.81 2.53
down Mphasis Technology 41.85 2.87 0.00 2.41
up Max Financial Services Financial 108.01 3.04 0.82 2.38
up Gujarat State Petronet Energy 9.90 2.52 0.44 2.36
equal SKF India Engineering 45.63 2.43 0.00 2.27
up Sun Pharmaceutical Industries Healthcare 31.12 2.18 1.00 2.18
up Tata Steel Metals 4.59 3.19 0.04 1.89
equal Larsen & Toubro Construction 31.37 3.55 0.00 1.86
equal Vinati Organics Chemicals 70.79 2.69 1.07 1.68
equal Emami FMCG 37.42 2.28 0.00 1.67
down Maruti Suzuki India Automobile 58.90 2.38 1.45 1.65
down Bharti Airtel Communication 134.97 3.44 0.00 1.63
equal Balkrishna Industries Automobile 33.09 2.27 0.61 1.62
equal Ajanta Pharma Healthcare 26.81 2.34 0.00 1.61
equal Tata Motors Automobile -- 1.61 0.00 1.61
down Torrent Pharmaceuticals Healthcare 42.06 2.07 0.00 1.59
equal SBI Life Insurance Company Insurance 89.11 1.67 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 31-Dec-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:


-1.31%

Change from previous, NAV as on 21-Jan-2022

Growth: ₹ 107.9130

IDCW: ₹ 76.6590


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 5
Min. Withdrawal (₹) 1,000
Min. 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: 25.19%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 21,972 Cr (As on 31-Dec-2021)
Expense: 0.67% (As on 31-Dec-2021)
Risk Grade: Low
Return Grade: High
Turnover: 68.00%

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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