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 fund pursues investments in emerging bluechip companies that offer relatively better returns potential due to:
1. Relatively high earnings growth and re-rating due to the same.
2. Availability at reasonable valuations.
Benefits
Mirae Asset Emerging Bluechip Fund offers you the following benefits:
1. 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.
2. Spectacular rise in Market Capitalization:
There are several examples of emerging blue-chip companies:
Sr. No.
Company
Market Capitalization(in INR Million)
Absolute Change
(%)
31st July - 04
31st Sept -11
1
Lupin
24939.6016
211041.7
746.21
2
Rallis
958.8
35130.79
3564.04
3
LIC Housing Finance
10823.3486
103215.5
853.64
4
Cadila
29227.2383
154073.3
427.16
During the same period i.e. between 30th July 2004 and 30th Sept 2011, BSE Sensex delivered 218% returns on an absolute basis.
Source: Bloomberg,September 2011
3. 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: ACE MF, September 2011
4. Optimal Risk Adjusted returns:
The right mix of mid-caps in your portfolio can help optimize risk adjusted returns. As seen in the graph below, a mix of 50% investments in large cap and 50% in mid-caps leads to the right mix of returns and risk ratio.
Data Source: ACE MF, July 2011
The charts depicted above contains factual data & are derived from third party sources and the results shown may or may not be sustained in future.
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.
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
Performance
Mirae Asset Emerging Bluechip Fund is co-managed by Mr. Gopal Agrawal and Mr. Neelesh Surana.
Mirae Asset
Emerging Bluechip Fund
Scheme Benchmark
Sensex^
Returns
Returns
Returns
30th Sept 2010-30th Sept 2011
-4.02%
-22.59%
-18.01%
Since Inception(CAGR)
5.94%
-12.02%
-6.35%
NAV/Index Value as on
Sept 30,2011
10.734
7,094.00
16,453.76
Date of allotment:July 9, 2010
Scheme Benchmark:CNX Midcap
During the same period i.e. between 30th July 2004 and 30th Sept 2011, BSE Sensex delivered 218% returns on an absolute basis.
Source: Bloomberg,September 2011
Performance of other schemes managed by the same fund management team.
Mirae Asset India Opportunities Fund
Scheme Benchmark
Sensex^
Returns
Value (INR)*
Returns
Value (INR)*
Returns
Value (INR)*
30th Sept, 10-
30th Sept, 11
-11.73%
8,827
-19.85%
8,015
-18.01%
8,199
30th Sept 2009-
30th Sept 2010
32.34%
13,234
20.79%
12,079
17.18%
11,718
30th Sept 2008-
30th Sept 2009
54.18%
15,418
34.66%
13,466
33.17%
13,317
Since Inception (CAGR)
12.29%
14,986
1.91%
10,683
2.02%
10,724
NAV/Index Value as on
Sept 30, 2011
14.986
2,028.27
16,453.76
Date of allotment:
April 4, 2008
Scheme Benchmark:BSE 200
Mirae Asset China Advantage Fund
Scheme Benchmark
Sensex^
Returns
Returns
Returns
30th Sept 2010 - 30th Sept 2011
-18.68%
-19.20%
-18.01%
Since Inception (CAGR)
-7.36%
-10.72%
1.27%
NAV/Index Value as on Sept 30, 2011
8.648
309.24
16,453.76
Date of allotment:
November 5, 2009
Scheme Benchmark:MSCI China(INR)
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
Scheme Benchmark
Sensex^
Returns
Value (INR)*
Returns
Value (INR)*
Returns
Value (INR)*
30th Sept 2010 -
30th Sept 2011
-13.26%
8,674
-11.76%
8,824
-18.01%
8,199
30th Sept 2009-
30th Sept 2010
6.96%
10,696
14.49%
11,449
17.18%
11,718
30th Sept 2008-
30th Sept 2009
32.85%
13,285
35.40%
13,540
33.17%
13,317
Since Inception (CAGR)
1.39%
10,438
4.95%
11,624
3.74%
11,210
NAV/Index Value as on
Sept 30, 2011
10.438
108.08
16,453.76
Date of allotment:
August 20, 2008
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 Annualized Growth Returns. Returns provided are of Regular Plan - Growth Option.
Risk Factors
Disclaimer
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 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 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. 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). Please read the Scheme Information Document (SID) and Statement of Additional Information (SAI) carefully before investing. 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.
