Mirae Asset Emerging Bluechip Fund invests in high-quality businesses at a reasonable price and holds them for an extended period. Its portfolio has grown to 77 stocks from 60, but this has led to a decline in its allocation to mid-caps as compared to its own history. The fund follows a "buy-and-hold" approach, with few opportunistic entries and exits, and is fully invested in the market at all times. Mirae Asset Emerging Bluechip Fund had a lacklustre year in 2022. It delivered 3.53 per cent returns that placed it among its bottom peers. However, the fund seems to be moving up the ladder - its performance improved over the last six months, delivering returns of 0.76 per cent, making it to quartile two among peers. Reasons for underperformance "The soft performance in 2022 is owing to mult
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