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5 star

Mirae Asset Emerging Bluechip Fund - Direct Plan


Equity: Large & MidCap

1 Lakh

Investment Grown to
₹ 1.16 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.83 Lakh

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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -7.54 -1.54 -2.09 7.37 19.35 -9.95 1.35 4.97 12.40 23.53 --
S&P BSE Large Mid Cap TRI -11.68 -1.66 -1.70 6.30 18.11 -13.26 -6.72 2.30 5.92 10.43 --
Equity: Large & MidCap -10.59 -1.10 -1.48 5.39 15.91 -12.36 -5.29 0.38 5.78 13.59 --
Rank within category 5 26 23 1 1 6 3 1 1 1 --
Number of funds in category 26 27 27 27 27 27 24 20 20 18 0

As on 14-Jul-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 1.35 4.97 12.40 0.85 9,834
Canara Robeco Emerging Equities Fund - Direct Plan  | Invest Online
5 star
Jan-13 -0.87 2.64 9.26 0.77 5,162
Kotak Equity Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 0.35 2.88 8.08 0.90 3,298
Invesco India Growth Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 -3.43 4.44 7.61 1.04 2,498
Principal Emerging Bluechip Fund - Direct Plan
4 star
Jan-13 -1.68 1.16 8.03 1.01 1,918

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 7.66 22.14 0.11 0.12 1.02 2.55
S&P BSE Large Mid Cap TRI 4.95 21.15 -0.02 -0.02 -- --
Equity: Large & MidCap 3.31 22.03 -0.09 -0.09 1.00 -1.80
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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 36.38
Top 5 Stocks (%) 22.45
Top 3 Sectors (%) 50.32
Portfolio P/B Ratio 2.31
Portfolio P/E Ratio 15.45

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 64,297 63,708
Giant (%) 47.24 41.92
Large (%) 7.69 14.31
Mid (%) 41.03 40.91
Small (%) 4.04 4.68
Tiny (%) -- 0.09

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
down HDFC Bank Financial 21.59 7.22 0.00 6.62
down Reliance Industries Energy 33.59 5.59 0.00 4.50
up ICICI Bank Financial 23.75 6.27 3.30 4.09
up Infosys Technology 21.36 3.71 0.00 3.71
equal Axis Bank Financial 66.31 4.54 0.00 3.54
up Tata Consultancy Services Technology 26.88 3.09 0.00 3.09
up Max Financial Services Financial 101.33 3.02 0.00 3.02
equal Larsen & Toubro Construction 13.44 3.55 0.00 2.73
down State Bank of India Financial 8.43 4.78 0.00 2.65
up Voltas Cons Durable 35.32 3.31 1.72 2.44
equal MindTree Technology 21.65 2.45 0.00 2.27
up Maruti Suzuki India Automobile 30.98 2.32 0.00 2.23
equal Gujarat State Petronet Energy 6.78 2.48 0.00 2.15
up Sun Pharmaceutical Inds. Healthcare 31.62 2.13 0.00 2.09
down Balkrishna Industries Automobile 25.28 2.27 0.00 2.06
up Kansai Nerolac Paints Chemicals 46.41 1.96 0.00 1.96
down Bharat Electronics Engineering 12.95 2.14 0.00 1.89
equal NTPC Energy 13.09 2.12 0.00 1.86
equal HDFC Life Insurance Financial -- 1.96 0.00 1.84
up Hindustan Unilever FMCG 79.19 1.83 0.00 1.83
up ITC FMCG 15.89 2.26 0.00 1.80
down Tata Consumer Products FMCG 82.86 4.42 1.34 1.78
equal Cholamandalam Invest. & Fin. Financial 15.85 1.73 0.00 1.73
up SRF Diversified 21.56 2.70 0.62 1.68
down Havells India Engineering 49.39 3.24 0.24 1.66

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-Jun-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:


-1.54%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 56.8380

Dividend: ₹ 43.8590


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: 20.32%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 9,834 Cr (As on 30-Jun-2020)
Expense: 0.85% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: High
Turnover: 79.00%

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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM