Today’s Bluechips were Emerging companies not long ago. Rising stars that had great
value which unfolded with time. Mirae Asset now offers you an opportunity to tap
into the value of today's mid and small sized* companies which have the potential
to perform well in the coming years. Invest in Mirae Asset Emerging Bluechip Fund.
It could be the most invaluable decision you ever took.
*The size of a company is referred in terms of its market capitalization on the
stock exchange.
The fund pursues investments in emerging bluechip companies that offer relatively better returns potential due to:
-
Relatively high earnings growth and re-rating due to the same.
- Availability at reasonable valuations.
Mirae Asset Emerging Bluechip Fund offers you the following benefits:
- Fund Focus:
MAEBF seeks to focus on high quality businesses, with proven credentials and solid prospects where the best is yet to fructify and thus is not fully reflected in valuations.
- Spectacular rise in Market Capitalization:
There are several examples of emerging blue-chip companies:
| Sr. No. |
Company |
Market Capitalization(in INR Million) |
Absolute Change (%) |
| |
30th - April - 2004 |
30th - April - 2012 |
(%) |
| 1 |
Lupin |
32400 |
246775 |
661.7% |
| 2 |
Rallis |
985 |
22072 |
2140.5% |
| 3 |
LIC Housing Finance |
13773 |
123436 |
796.2% |
| 4 |
Cadila |
31510 |
149640 |
374.9% |
During the same period i.e. between 30th Apr 2004 & 30th Apr 2012, BSE Sensex delivered 206.3% returns on an absolute basis.
The companies/sectors referred in this document are only for the purpose of explaining the concept of Mirae Asset Emerging Bluechip Fund and should not be construed as recommendations from Mirae Asset Global Investments (India) Pvt. Ltd. (Mirae Asset AMC / Mirae Asset Mutual Fund). The stocks indicated above are illustrative & may or may not form part of the portfolio.
Source: Bloomberg, April 30, 2012
The table depicted above contains factual data & are derived from third party sources and the results shown may or may not be sustained in future.
- Attractive current Valuation of Mid-caps:
Mid-cap stocks have got re-rated compared to large caps in the recent past which has further improved their investment proposition. This is evident from the chart below:
Source: Bloomberg, Jan 2012
The chart depicted above contains factual data & is derived from third party sources and the results shown may or may not be sustained in future.
The features of Mirae Asset Emerging Bluechip Fund are as follows:
|
Investment Objective
|
To generate income and capital appreciation from a diversified portfolio predominantly
investing in Indian equities and equity related securities of companies which are
not part of the top 100 stocks by market capitalization and have market capitalization
of atleast Rs. 100 Crores 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 Type
|
An open ended equity fund
|
|
Management Style
|
Midcap fund With no theme/style bias.
|
|
Asset Allocation
|
Indian Equities and Equity Related Securities of companies, which are not part of
the top 100 stocks by market capitalization and have market capitalization of at
least Rs.100 crores at the time of investment: 65 - 100%
Other Indian Equities and Equity Related Securities: 0 - 35%
Money market instruments / debt securities Instruments: 0 - 35%
|
|
Benchmark
|
CNX Midcap Index
|
Fund Performance
Mirae Asset Emerging Bluechip Fund is co-managed by Mr. Gopal Agrawal and Mr. Neelesh Surana.
|
|
NAV(Rs. per unit )
|
Returns
|
|
|
|
MAEBF
|
CNX Midcap
|
Sensex**
|
|
31st Mar 2011 - 30th Mar 2012
|
11.569
|
7.73%
|
-4.09%
|
-10.50% |
|
Index value(30th Mar,2012)
|
Index Value of CNX Midcap is 7711.40 and Index value of Sensex is 17327.51
|
|
Date of allotment:09-Jul-10
|
Scheme Benchmark: CNX Midcap
|
Performance of other schemes managed by the same fund management team
Mirae Asset China Advantage Fund
|
|
NAV(Rs. per unit )
|
Returns
|
|
|
|
MACAF
|
MSCI China(INR)
|
Sensex**
|
| 31st Mar 2011 - 30th Mar 2012 |
10.167 |
-8.22% |
-2.77% |
-10.50% |
| 31st Mar 2010 - 31st Mar 2011 |
11.078 |
15.75% |
6.12% |
10.94% |
|
Index Value (March 30, 2012)
|
Index value for benchmark is 382.08 while for Sensex is 17327.51
|
|
Date of allotment:05-Nov-09
|
Scheme Benchmark: MSCI China(INR)
|
Mirae Asset India-China Consumption Fund is co-managed by Mr. Gopal Agrawal and Mr. Neelesh Surana.
|
|
NAV(Rs. per unit )
|
Returns
|
|
|
|
MAICCF
|
Scheme Benchmark
|
Sensex**
|
| 31st Mar 2011 - 30th Mar 2012 |
10.968 |
9.02% |
12.52% |
-10.50% |
|
Index Value (March 30, 2012)
|
Index Value of CNX Midcap is 119.06 and Index value of Sensex is 17327.51
|
|
Date of allotment: 29-Mar-11
|
Scheme Benchmark: MSCI India consumption Index(65%) + MSCI China Consumption Index(35%) INR
|
Mirae Asset India Opportunities Fund
| |
NAV(Rs. per unit ) |
Returns |
Value (INR)* |
| |
|
MAIOF |
BSE 200 |
Sensex** |
MAIOF |
BSE 200 |
Sensex** |
| 31st Mar 2011 - 30th Mar 2012 |
16.176 |
-2.79% |
-9.28% |
-10.50% |
9,720.57 |
9,071.76 |
8,950.37 |
| 31st Mar 2010 - 31st Mar 2011 |
16.641 |
15.38% |
8.15% |
10.94% |
11,537.82 |
10,814.69 |
11,093.95 |
| 31st Mar 2009 - 31st Mar 2010 |
14.423 |
121.21% |
92.87% |
80.54% |
22,121.16 |
19,286.58 |
18,054.05 |
| Since Inception(CAGR)30th Mar 12 |
16.176 |
12.81% |
3.26% |
3.21% |
16,176.00 |
11,365.75 |
11,343.33 |
|
Index Value (30th Mar, 2012)
|
Index Value of BSE 200 is 1850.89 and Index value of Sensex is 17327.51
|
|
Date of allotment: 04-April-08
|
Scheme Benchmark: BSE 200
|
Note: Mr. Gopal Agrawal, Mr. Neelesh Surana & Mr. Basvaraj Shetty also manage
Mirae Asset India-China Consumption Fund (MAICCF). However, the performance of the
said scheme is not provided, as it has not completed one year.
Fund Managers Name: Mr. Gopal Agrawal, Mr. Neelesh Surana & Mr. Basvaraj Shetty
(Overseas Investment)
Mirae Asset Global Commodity Stocks Fund
|
|
NAV(Rs. per unit )
|
Returns
|
Value (INR)*
|
|
|
|
MAGCSF
|
Scheme Benchmark
|
Sensex**
|
MAGCSF
|
Scheme Benchmark
|
Sensex**
|
|
31st Mar 2011 - 30th Mar 2012
|
12.047
|
-10.10%
|
-10.05%
|
-10.50%
|
8,989.63 |
8,995.13 |
8,950.37 |
|
31st Mar 2010 - 31st Mar 2011
|
13.401
|
11.83%
|
20.11%
|
10.94%
|
11,183.34 |
12,077.29 |
11,093.95 |
|
31st Mar 2009 - 31st Mar 2010
|
11.983
|
76.38%
|
72.28%
|
80.54%
|
17,637.62 |
17,228.23 |
18,054.05 |
|
Since Inception(CAGR)30th Mar 12
|
12.047
|
5.29%
|
8.29%
|
4.83%
|
12,047.00
|
13,332.82
|
11,857.15
|
|
Index Value(30th Mar, 2012)
|
Index Value of benchmark is 123.97 and Index value of Sensex is 17327.51
|
|
Date of allotment
|
20-Aug-08
|
|
Scheme Benchmark
|
MSCI Asia Pacific ex-Japan Energy & Material Index (55%) MSCI India Energy & Material Index - (35%) MSCI Brazil Energy & Material Index - (10%) with (MSCI’s10/40 Equity Index Methodology)
|
Past performance may or may not be sustained in future and should not be used
as a basis for comparison with other investments. The calculations of returns shall
assume reinvestment of all payout at the then prevailing NAV. *Based
on a standard investment of Rs. 10,000 made at the beginning of the relevant period.
CAGR - Compounded Annualised Growth Returns. Returns provided are of Regular Plan
- Growth Option.
Disclaimer
Mirae Asset Emerging Bluechip Fund (MAEBF): (An open ended equity fund) Investment Objective:
To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of companies which are not part of the top 100 stocks by market capitalization and have market capitalization of atleast Rs. 100 Crores 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. Asset Allocation: (1) Indian Equities and Equity Related Securities of companies, which are not part of the top 100 stocks by market capitalization and have market capitalization of atleast Rs.100 Crores at the time of investment: 65%-100% (2) Other Indian Equities and Equity Related Securities: 0%-35%; Money market instruments / debt securities Instruments (Including up to 20% of corpus in securitized debt): 0%-35%.Transparancy: The NAV will be calculated at the close of every working day and shall be published in two daily newspapers and on the AMC & AMFI website.
Mirae Asset India Opportunities Fund (MAIOF): (An open ended equity oriented scheme) Investment Objective:
To generate long term capital appreciation by capitalizing on potential investment opportunities through predominantly investing in equities, equity related securities. There is no assurance or guarantee of any returns. Asset Allocation: (1) Indian Equities and Equity Related Securities: 65% to 100% (2) Money market instruments / debt securities Instruments: 0% to 35% (Including up to 25% of corpus in securitized debt).Transparency: The NAV will be calculated at the close of every working day and shall be published in two daily newspapers and on the AMFI /AMC website.
Mirae Asset China Advantage Fund (MACAF): (An open ended fund of funds scheme) Investment Objective:The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in units of Mirae Asset China Sector Leader Equity Fund and/or units of other mutual fund schemes, units of exchange traded schemes that focus on investing in equities and equity related securities of companies domiciled in or having their area of primary activity in China and Hong Kong. The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Domestic Mutual Funds, in order to meet liquidity requirements from time to time. The Scheme does not guarantee or assure any returns.
Asset Allocation: (1) Units of Mirae Asset China Sector Leader Equity Fund and/or units of other mutual fund schemes, units of ETFs investing in equities and equity related securities of companies domiciled in or having their area of primary activity in China and Hong Kong: 80-100% (2) Money market instruments / debt securities Instruments and/or units of debt/liquid schemes of domestic Mutual Funds.: 0-20% (Equity and Equity related instruments include convertible debentures, equity warrants, convertible preference shares, equity derivatives etc. Debt instruments include securitized debt upto 20% of corpus.)
Transparency: The NAV will be published in two daily newspapers (with a one day lag) and on the AMFI & AMC website by 10.00 am of the following business day.
Mirae Asset Global Commodity Stocks Fund (MAGCSF) (An open-ended equity fund): Investment Objective: To generate long term capital appreciation through an actively managed portfolio investing in equity and equity related securities of companies that are engaged in commodity and commodities related sectors/sub sectors/industries, with at least 65% of the corpus invested overseas in Asia Pacific and Emerging Markets. There is no assurance or guarantee of returns. Asset Allocation: (1) Asia Pacific and/or Emerging Markets Equities and Equity Related Securities (excluding Indian equities and equities related securities) of companies that are engaged in commodity and commodities related sectors/sub sectors/industries: 65% to 100% (2) Indian Equities and Equity Related Securities, including but not limited to those that are engaged in commodity and commodities related sectors/sub sectors/industries: 0% to 35% (3) Money market instruments / debt securities Instruments (Including up to 25% of corpus in securitized debt) : 0% to 35%. Transparency: The NAV will be calculated at the close of every working day and shall be published in two daily newspapers, AMC & AMFI website.
Mirae Asset India-China Consumption Fund (MAICCF) (An Open ended Equity Oriented Scheme): Investment Objective:The investment objective of the scheme is to generate long term capital appreciation through an actively managed portfolio investing in equity and equity related securities of companies that are likely to benefit either directly or indirectly from consumption led demand in India/China. The Scheme does not guarantee or assure any returns. Asset Allocation: (1) Indian Equities and Equity Related Securities of companies that are likely to benefit either directly or indirectly from consumption led demand: 65%-90% (2) Chinese Equities and Equity Related Securities of companies that are likely to benefit either directly or indirectly from consumption led demand: 10%-35%; (3) Money market instruments / debt securities Instruments and/or units of debt/liquid schemes of domestic Mutual Funds : 0%-25%.Transparency: The NAV will be calculated at the close of every working day and shall be published in two daily newspapers and on the AMC/AMFI website.
Load Structure for all schemes: Entry Load:NIL. “In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor”. Exit Load: a. Redemption within 1 year (365 days) from the date of allotment (including SIP/STP/SWP): 1.00%, b. Redemption after 1 year (365 days) from the date of allotment - NIL. For MACAF only: Investors should also be aware that the underlying scheme(s) could charge entry load/exit load which may affect the returns to the investors. The load structure of the underlying scheme(s) may change from time to time. The investor shall bear the scheme recurring expenses in addition to the scheme recurring expenses of underlying scheme.
Statutory Details: Trustee: Mirae Asset Trustee Company Private Limited; Investment Manager: Mirae Asset Global Investments (India) Private Limited (AMC); Sponsor: Mirae Asset Global Investments Company Limited.
Risk Factors: Mutual fund investments are subject to market risks and there is no assurance or guarantee that the objectives of the scheme will be achieved. As with any investment in securities, the Net Asset Value (NAV) of the units issued under the Schemes can go up or down depending on the factors and forces affecting the capital markets. Investments in mutual funds are prone to risks of fluctuation in NAVs, uncertainty of dividend distributions etc. Past performance of the Sponsor / AMC / Mutual Fund does not guarantee the future performance of the Schemes of Mirae Asset Mutual Fund. The sponsors are not liable or responsible for any loss resulting from the operation of the fund beyond the initial contribution made by them of an aggregate amount of Rupees One Lakh towards setting up of the fund. The past performance may not necessarily be an indication of future results and may not necessarily provide a basis for comparison with other investments. Mirae Asset India Opportunities Fund, Mirae Asset Global Commodity Stocks Fund, Mirae Asset Emerging Bluechip Fund, Mirae Asset China Advantage Fund & Mirae Asset India-China Consumption Fund are only the names of the schemes and does not in any manner indicate either the quality of the schemes or its future prospects or returns. Investors in the scheme are not being offered any guaranteed / indicative/ assured returns. Please see "Risk Factors", "Scheme Specific Risk Factors and Special Consideration" and "Right to limit redemptions" in the Scheme Information Document (SID). Scheme Information Document / Key Information Memorandum cum Application form are available at AMC offices/AMC web-site
www.miraeassetmf.co.in / Investor Service Centre / Distributors on request. “MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL THE SCHEME RELATED DOCUMENTS CAREFULLY”.