Mirae Asset Emerging Bluechip Fund - Growth - Direct Plan

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  • 0.52 %Nav, as on 15-11-2019

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  • Net Change on 15-11-2019

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    Mirae Asset Emerging Bluechip Fund - Growth - Direct Plan 5 PersonalFN

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The investment objective of the scheme is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity related securities of large cap and mid cap companies at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity related securities to achieve optimal Portfolio construction. The Scheme does not guarantee or assure any returns.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth 7.16 10.13 15.96 17.22 17.22 23.50
Nifty LargeMidcap 250 Index 5.21 7.72 5.06 N/A N/A 1.88
Nifty LargeMidcap 250 Index - TRI -1.63 0.63 -4.35 14.94 18.06 14.83
S&P BSE SENSEX - TRI 4.92 8.31 15.77 16.74 8.96 13.22

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth Jan 01, 2013 15.96 17.22 17.22 0.84 8,868.42
DSP Equity Opportunities Fund - Direct Plan - Growth Dec 31, 2012 12.94 12.44 11.56 0.97 5,631.03
Canara Robeco Emerging Equities-Direct Plan-Growth Option Jan 01, 2013 10.33 15.21 13.73 0.82 5,234.92
Aditya Birla Sun Life Equity Advantage Fund - Growth - Direct Plan Jan 01, 2013 Unrated 10.04 10.54 10.72 1.10 5,111.25
ICICI Prudential Large & Mid Cap Fund - Direct Plan - Growth Jan 01, 2013 Unrated 5.99 9.44 7.51 1.23 3,714.19
IDFC Core Equity Fund-Direct Plan-Growth Jan 01, 2013 5.42 11.20 10.07 0.84 2,886.44

Fund Holdings as on 31-October-2019

  • HDFC Bank Limited

  • ICICI Bank Limited

  • State Bank of India

  • Reliance Industries Limited

  • Axis Bank Limited

  • Voltas Limited

  • Page Industries Limited

  • Infosys Limited

  • IndusInd Bank Limited

  • Larsen & Toubro Limited

  • Tata Consultancy Services Limited

  • Tata Global Beverages Limited

  • Max Financial Services Limited

  • Balkrishna Industries Limited

  • Tata Steel Limited

  • Gujarat State Petronet Limited

  • ITC Limited

  • Maruti Suzuki India Limited

  • Vinati Organics Limited

  • Hindustan Petroleum Corporation Limited

  • Dr. Lal Path Labs Limited

  • Aditya Birla Fashion and Retail Limited

  • Muthoot Finance Limited

  • Ajanta Pharma Limited

  • Dabur India Limited

  • Sun Pharmaceutical Industries Limited

  • NTPC Limited

  • IPCA Laboratories Limited

  • MindTree Limited

  • Syngene International Limited

  • Power Finance Corporation Limited

  • TVS Motor Company Limited

  • Kotak Mahindra Bank Limited

  • Kansai Nerolac Paints Limited

  • Natco Pharma Limited

  • SRF Limited

  • Divi's Laboratories Limited

  • Info Edge (India) Limited

  • Emami Limited

  • Torrent Pharmaceuticals Limited

  • JK Cement Limited

  • Indian Energy Exchange Limited

  • Tata Chemicals Limited

  • Raymond Limited

  • Jyothy Labs Limited

  • Zee Entertainment Enterprises Limited

  • Coal India Limited

  • CEAT Limited

  • Larsen & Toubro Infotech Limited

  • Tri Party Repo

  • Finolex Cables Limited

  • DFM Foods Limited

  • Equitas Holdings Limited

  • Gateway Distriparks Limited

  • SKF India Limited

  • National Aluminium Company Limited

  • Havells India Limited

  • HDFC Life Insurance Company Limited

  • Net Receivables / (Payables)

  • Bharat Electronics Limited

  • Khadim India Limited

  • Exide Industries Limited

  • Titan Company Limited

  • GOCL Corporation Limited

  • Eicher Motors Limited

  • Mirae Asset Cash Management Fund - DIRECT GROWTH

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  • Bank - Private

  • Pharmaceuticals & Drugs

  • IT - Software

  • Refineries

  • Bank - Public

  • Household & Personal Products

  • Air Conditioners

  • Chemicals

  • Textile

  • Tyres & Allied

  • Engineering - Construction

  • Power Generation/Distribution

  • Finance - Others

  • Tea/Coffee

  • Steel & Iron Products

  • Finance - NBFC

  • Gas Transmission/Marketing

  • Cigarettes/Tobacco

  • Automobiles - Passenger Cars

  • Retailing

  • Hospital & Healthcare Services

  • Miscellaneous

  • Automobile Two & Three Wheelers

  • Finance Term Lending

  • Paints

  • Diversified

  • BPO/ITeS

  • Cement & Construction Materials

  • Textile - Weaving

  • TV Broadcasting & Software Production

  • Mining & Minerals

  • Cable

  • Consumer Food

  • Logistics

  • Bearings

  • Electric Equipment

  • Aluminium & Aluminium Products

  • Insurance

  • Engineering - Industrial Equipments

  • Batteries

  • Diamond & Jewellery

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About Mirae Asset Emerging Bluechip Fund

Mirae Asset Emerging BlueChip Fund is a cautiously managed midcap fund from Mirae Asset Mutual Fund. It focuses on investing in high growth oriented stocks in the mid cap segment, but available at fair and attractive valuations. 

Mirae Asset Emerging BlueChip Fund follows bottom up stock picking approach with focus being more on companies which can grow big and become large cap in future. It aims to participate in quality businesses that can provide decent growth in the long term.

Mirae Asset Emerging BlueChip Fund has consistently outperformed its benchmark index by distinct margins in the past and has generated superior risk adjusted returns for its investors.

Launched in July 2010, Mirae Asset Emerging BlueChip Fund is mandated to invest at least 65% of its assets in stocks of mid-sized companies, which are not part of the top 100 stocks by market capitalization and have market capitalization of at least Rs100 Crores at the time of investment. The fund also has the flexibility to invest up to 35% in large cap stocks (i.e. Top 100 companies by market cap). Investments in money market instruments and debt securities can be made up to 35% of the fund's corpus.

Mirae Asset Emerging BlueChip Fund aims to hold a well-diversified portfolio without having any bias towards particular theme, sector or style while picking stocks for the portfolio. However, the fund manager has flexibility to follow a focused approach of investing in selective stocks. Mirae Asset Emerging BlueChip Fund also aims to avoid liquidity risk and portfolio concentration risk by holding large base of about 50 to 70 stocks in its portfolio. Adopting a combination of the top down and bottom up approach, the fund manager broadly analyses the macro economy and invest in stocks which is expected to benefit from macroeconomic, sectoral and industry trends.

Scheme Analysis

Mirae Asset Emerging Bluechip Fund is a Equity - Large & Mid Cap Fund fund and belongs to Mirae Asset Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹8,868.42 crore. Mirae Asset Emerging Bluechip Fund is benchmarked against Nifty LargeMidcap 250 Index as primary index and Nifty LargeMidcap 250 Index - TRI as primary index and S&P BSE SENSEX - TRI as secondary index.

The NAV of Mirae Asset Emerging Bluechip Fund ended up ₹0.31(0.52%)yesterday to ₹59.84.

Among its top 3 holdings the fund has exposure to HDFC Bank Limited, ICICI Bank Limited and State Bank of India

The Mirae Asset Emerging Bluechip Fund is managed by Neelesh Surana and Ankit Jain.

Fund House Contact

Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253942

Fund Manager

  • Education:B.E(Mechnaical), M.B.A(Finance)
  • Experience:14 Years
  • Basic Details:Neelesh has professional experience of more than 12 years and is responsible for Portfolio construction & monitoring. Prior to this assignment, Neelesh was associated with ASK Investment Managers Pvt Ltd where he was responsible for tracking sectors like Metals, FMCG and Pharma.
  • Funds Managed:
  • Mirae Asset Hybrid Equity Fund
  • Mirae Asset Large Cap Fund
  • Mirae Asset Tax Saver Fund
  • Education:MBA (Finance), B.Tech (ICT)
  • Experience:5
  • Basic Details:Mr. Jain has professional experience of more than 5 years and his primary responsibility includes Investment Analysis & Fund Management. He has been associated with theAMC as a Research Analyst since September 7, 2015. He was previously associated with Equirus Securities Pvt Ltd. and Infosys Ltd.
  • Funds Managed:
  • Mirae Asset Great Consumer Fund
  • Mirae Asset Midcap Fund

  • Cash

  • Equity

  • MFU

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