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 the company is referred in terms of its market capitalization on the
National Stock Exchange (NSE).
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Yesterday’s Mid-caps today’s Large-caps
Why Emerging Bluechip companies now?
Emerging Bluechip companies offer relatively better return potential as is evident
from the reasons below:
- Performance:
Data analyzed over the past several years shows that small and mid-cap indices have
outperformed large-cap indices. A consistent track record of outperformance by emerging
Bluechip companies makes them an exciting investment proposition.
Source: ACE MF as on 31th May 2011
The above graph shows the growth of Rs. 10000 invested on April 30, 2002 in BSE
Sensex and CNX Midcap. The amount invested in CNX Midcap Index has grown far more
to Rs. 77,612 while that invested in the BSE Sensex has grown to Rs. 59,197.
Past Performance may or may not be sustained in future and is no guarantee of
future results.
- Point to Point Performance:
|
Benchmark
|
1Year
|
2Year
|
3Year
|
4Year
|
5Year
|
YTD* Absolute
|
|
CNX Midcap
|
3.98%
|
22.67%
|
7.11%
|
9.33%
|
12.88%
|
39.43%
|
|
BSE Sensex
|
9.20%
|
12.44%
|
4.07%
|
6.20%
|
12.21%
|
22.61%
|
|
S&P Nifty
|
9.32%
|
11.76%
|
4.51%
|
6.66%
|
12.60%
|
22.34%
|
Source: ACE MF as on 31st May 2011. *YTD indicates Year To Date returns from 01st
January, 2010 to 31st May 2011.
Past Performance may or may not be sustained in future and is no guarantee of
future results.
- High earnings growth:
CNX Mid-cap Index is offering higher earnings growth for FY11 and FY12 (based on
consensus forecasts) compared to Sensex. Momentum in earnings upgrade cycle for
CNX Mid-cap Index has sustained versus pause/ decline in earnings for Sensex.
- Reasonable valuations:
CNX Mid-cap index is trading at 20-30% discount to Sensex based on P/ E and P/ B
ratio which makes investing in mid-cap funds an attractive proposition.
Source: CLSA, Feb 2010
- Future scope:
There is scope for P/E multiples to expand when a company moves up from a small/
mid-cap size to a large-cap
- Growth prospects:
Mid-cap stocks offer better growth prospects due to presence in a new segment or
area that is growing at a faster pace.
Why mid-caps should be a part of your portfolio?
The right mix of mid-caps in your portfolio can help one optimize risk adjusted
returns. As seen in the table below, a mix of 50% investments in large-cap and 50%
in mid-caps leads to the right mix of returns and risk ratio.
Source: Bloomberg, May 2011
Past Performance may or may not be sustained in future and is no guarantee of
future results.
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**
|
|
30th Sept 2010 - 30th Sept 2011
|
10.734
|
-4.02%
|
-22.59%
|
-18.01% |
|
Index value(Sept 30,2011)
|
Index value of CNX Midcap is 7,094.00 and index value of sensex is 16453.76
|
|
Date of allotment:9-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**
|
|
30th Sept 2010 - 30th Sept 2011
|
8.648
|
-18.68%
|
-19.20%
|
-18.01% |
|
Index value(Sept 30,2011)
|
Index value for benchmark is 309.24 while for Sensex is 16453.76
|
|
Date of allotment:05-Nov-09
|
Scheme Benchmark: MSCI China(INR)
|
Mirae Asset India Opportunities Fund
|
|
NAV (Rs. per unit )
|
Returns
|
Value (INR)*
|
|
|
|
MAIOF
|
BSE 200
|
Sensex**
|
MAIOF
|
BSE 200
|
Sensex**
|
|
30th Sept 2010-30th Sept 2011
|
14.986
|
-11.73%
|
-19.85%
|
-18.01%
|
N.A
|
|
30th Sept 2009-30th Sept 2010
|
16.977
|
32.34%
|
20.79%
|
17.18%
|
|
30th Sept 2008-30th Sept 2009
|
12.828
|
54.18%
|
34.66%
|
33.17%
|
|
Since Inception (CAGR)30-Sept-11
|
14.986
|
12.29%
|
1.91%
|
2.02%
|
14.986%
|
10,683
|
10,724
|
|
Index Value(Sept 30, 2011)
|
Index value for benchmark is 2028.27 while for Sensex is 16453.76
|
|
Date of allotment: April 4, 2008
|
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**
|
|
30th Sept 2010-30th Sept 2011
|
10.438
|
-13.26%
|
-11.76%
|
-18.01%
|
N.A
|
|
30th Sept 2009-30th Sept 2010
|
12.033
|
6.96%
|
14.49%
|
17.18%
|
|
30th Sept 2008-30th Sept 2009
|
11.25
|
32.85%
|
35.40%
|
33.17%
|
|
Since Inception (CAGR)30-Sept-11
|
10.438
|
1.39%
|
4.95%
|
3.74%
|
10,438
|
11,624
|
11,210
|
|
Index Value(Sept 30, 2011)
|
Index value for benchmark is 108.08 while for Sensex is 16453.76
|
|
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’s
10/40 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.
Fund Features
|
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.
|
|
Current Expense Ratio (Apr 30, 2011)
|
2.49%
|
|
Fund Type
|
An open ended equity fund
|
|
Management Style
|
Midcap fund with no theme/style bias.
|
|
Plans & Options
|
The Scheme shall have a Regular Plan and offers two options viz., Growth and Dividend.
Dividend Plan will offer Payout & Reinvestment facility.
|
|
Minimum Application Amount &aMP; Minimum Additional Application Amount
|
Rs.5, 000/- and in multiples of Re. 1/- thereafter. Additional investments in an
existing folio can be made for Rs.1, 000/- and in multiples of Re.1/- thereafter.
|
|
Benchmark
|
CNX MIDCAP Index
|
Downloads
Risk Factors
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.
Investment Objective: Mirae Asset Emerging Bluechip Fund (MAEBF): (An Open ended
Equity Fund):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.Load Structure: 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: Redemption
within 1 year (365 days) from the date of allotment (Including SIP/STP/SWP) - 1.00%.
Redemption after 1 year (365 days) from the date of allotment - NIL. 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%.Transparency:The
NAV is be calculated at the close of every working day and is published in two daily
newspapers and on the AMC/AMFI website.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 / Trustee
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. Mirae Asset Emerging Bluechip
Fund is only the name of the scheme and does not in any manner indicate either the
quality of the scheme or its future prospects or returns. Investors in the scheme
are not being offered any guaranteed / indicative returns. Please see
"Risk Factors", "Scheme Specific Risk Factors and Special Consideration" and "Right
to limit redemptions" in the Scheme Information Document (SID).Please read the
Statement of Additional Information (SAI) and Scheme Information Document (SID)
carefully before investing.A copy of SAI / SID/ Key Information Memorandum
cum Application form will be available at AMC offices/AMC web-site
www.miraeassetmf.co.in Investor Service Centre / Distributors on request.
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