MIRAE ASSET
EMERGING BLUECHIP FUND - (MAEBF)
(Large & Mid Cap Fund - An open ended equity scheme investing in both large cap and mid cap stocks) Type of Scheme |
Large & Mid Cap Fund - An open ended equity scheme investing in both large cap and mid cap stocks |
Investment 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 Managers** |
Mr. Neelesh Surana, (since inception of the fund) and Mr. Ankit Jain (since January 31, 2019) |
Allotment Date |
09th July, 2010 |
Benchmark Index |
Nifty Large Midcap 250 Index (TRI) |
Minimum Investment Amount |
Fresh lumpsum subscription/switch-in to all the Plans & Options of Mirae Asset Emerging Bluechip Fund through any mode including Stock Exchange platform has been temporarily suspended with effect from October 25, 2016 |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Fresh Registration through SIP shall be allowed for a maximum of up to ₹ 2,500/-(Rupees Two Thousand Five Hundred) through Monthly mode cumulatively aggregated across all available SIP Dates of each month (at Primary holder PAN level) before the applicable cut off time on any business day For Additional Details please refer notice-cum- addendum dated November 4, 2020 |
Load Structure |
Entry load: NA Exit load: I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil. b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): •If redeemed within 1 year (365 days) from the date of allotment: 1% •If redeemed after 1 year (365 days) from the date of allotment: NIL II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out): •If redeemed within 1 year (365 days) from the date of allotment: 1% •If redeemed after 1 year (365 days) from the date of allotment: NIL |
Plans Available |
Regular Plan and Direct Plan |
Options Available |
Growth Option and IDCW^ Option (Payout & Re-investment) |
Monthly Average AUM (₹ Cr.) as on November 30, 2022 |
24,071.25 |
| Net AUM ( ₹ Cr.) | 24,643.10 |
Monthly Avg. Expense Ratio (Including Statutory Levies) as on November 30, 2022 |
Regular Plan: 1.70% Direct Plan: 0.68% |
| **For experience of Fund Managers Click Here | |
| ^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. | |
| NAV: | Direct | Regular |
| Growth | ₹ 109.303 | ₹ 99.569 |
| IDCW^ | ₹ 71.347 | ₹ 42.574 |
| Volatility | 22.43% |
| Beta: | 0.92 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.64 |
| Information Ratio | -0.22 |
| Portfolio Turnover Ratio | 0.61 times |
@The Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio are calculated on returns from last three years Monthly data points. # Risk free rate: FBIL OVERNIGHT MIBOR as on 30th November, 2022.^Basis last rolling 12 months. |
|
| Record Date | IDCW (₹) | Face Value (₹) | Cum Nav (₹) |
06-Dec-18 |
2.21 per Unit |
10 |
28.972 |
16-Jan-20 |
2.21 per Unit |
10 |
32.767 |
23-Mar-21 |
3.25 per Unit |
10 |
40.346 |
14-Mar-22 |
3.50 per Unit |
10 |
43.023 |
Past Performance may or may not be sustained in future. Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the extent of payout and statutory levy (if any). IDCW history is for MAEBF- Regular Plan - IDCW Option
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 5.68% |
| ICICI Bank Ltd | 5.09% |
| Axis Bank Ltd | 4.45% |
| State Bank of India | 3.58% |
| Kotak Mahindra Bank Ltd | 1.40% |
| The Federal Bank Ltd | 1.33% |
| IT - Software | |
| Infosys Ltd | 3.98% |
| Tata Consultancy Services Ltd | 1.75% |
| HCL Technologies Ltd | 1.37% |
| MphasiS Ltd | 0.62% |
| Larsen & Toubro Infotech Ltd | 0.51% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 1.41% |
| Gland Pharma Ltd | 1.36% |
| Aurobindo Pharma Ltd | 0.95% |
| Torrent Pharmaceuticals Ltd | 0.90% |
| Natco Pharma Ltd | 0.84% |
| IPCA Laboratories Ltd | 0.76% |
| Biocon Ltd | 0.34% |
| Industrial Products | |
| SKF India Ltd | 2.81% |
| Bharat Forge Ltd | 2.55% |
| Prince Pipes And Fittings Ltd | 0.73% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Ltd | 1.45% |
| Havells India Ltd | 1.37% |
| Bata India Ltd | 1.12% |
| Voltas Ltd | 0.63% |
| Titan Company Ltd | 0.56% |
| Petroleum Products | |
| Reliance Industries Ltd | 3.94% |
| Hindustan Petroleum Corporation Ltd | 0.87% |
| Finance | |
| Shriram Transport Finance Company Ltd | 2.02% |
| SBI Cards and Payment Services Ltd | 1.07% |
| Power Finance Corporation Ltd | 1.03% |
| Housing Development Finance Corporation Ltd | 0.54% |
| Auto Components | |
| Sona BLW Precision Forgings Ltd | 1.36% |
| Balkrishna Industries Ltd | 1.30% |
| CEAT Ltd | 1.12% |
| Telecom - Services | |
| Bharti Airtel Ltd | 2.41% |
| Tata Communications Ltd | 0.97% |
| Cement & Cement Products | |
| JK Cement Ltd | 2.12% |
| Nuvoco Vistas Corporation Ltd | 1.25% |
| Automobiles | |
| TVS Motor Company Ltd | 1.35% |
| Tata Motors Ltd | 0.94% |
| Maruti Suzuki India Ltd | 0.84% |
| Gas | |
| Gujarat State Petronet Ltd | 2.21% |
| Indraprastha Gas Ltd | 0.49% |
| Chemicals & Petrochemicals | |
| Vinati Organics Ltd | 1.15% |
| Atul Ltd | 0.91% |
| Chemplast Sanmar Ltd | 0.58% |
| Personal Products | |
| Emami Ltd | 1.79% |
| Dabur India Ltd | 0.53% |
| Insurance | |
| Max Financial Services Ltd | 1.72% |
| SBI Life Insurance Company Ltd | 0.54% |
| Construction | |
| Larsen & Toubro Ltd | 2.11% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 1.48% |
| UTI Asset Management Company Ltd | 0.48% |
| Power | |
| NTPC Ltd | 1.85% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.50% |
| Diversified FMCG | |
| ITC Ltd | 0.92% |
| Hindustan Unilever Ltd | 0.36% |
| Textiles & Apparels | |
| Page Industries Ltd | 1.26% |
| Transport Services | |
| Gateway Distriparks Ltd | 0.68% |
| Delhivery Ltd | 0.52% |
| Fertilizers & Agrochemicals | |
| Bayer Cropscience Ltd | 1.14% |
| Financial Technology (Fintech) | |
| PB Fintech Ltd | 0.90% |
| One 97 Communications Ltd | 0.19% |
| Food Products | |
| Britannia Industries Ltd | 0.98% |
| Retailing | |
| Zomato Ltd | 0.95% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Ltd | 0.90% |
| Non - Ferrous Metals | |
| National Aluminium Company Ltd | 0.81% |
| Entertainment | |
| Zee Entertainment Enterprises Ltd | 0.61% |
| Realty | |
| Prestige Estates Projects Ltd | 0.49% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 0.35% |
| Equity Holding Total | 99.06% |
| Cash & Other Receivables | 0.94% |
| Total | 100.00% |
| New Positions Bought |
| Stock |
| Transport Services |
| Delhivery Limited |
| Pharmaceuticals & Biotechnology |
| Biocon Limited |
| IT - Software |
| Larsen & Toubro Infotech Limited |
| Positions Increased |
| Stock |
| Power |
| NTPC Limited |
| Banks |
| Kotak Mahindra Bank Limited |
| The Federal Bank Limited |
| Diversified FMCG |
| ITC Limited |
| Consumer Durables |
| Titan Company Limited |
| Voltas Limited |
| Entertainment |
| Zee Entertainment Enterprises Limited |
| Gas |
| Gujarat State Petronet Limited |
| Industrial Products |
| Bharat Forge Limited |
| Fertilizers & Agrochemicals |
| Bayer Cropscience Limited |
| Auto Components |
| CEAT Limited |
| Realty |
| Prestige Estates Projects Limited |
| Textiles & Apparels |
| Page Industries Limited |
| Pharmaceuticals & Biotechnology |
| Natco Pharma Limited |
| Insurance |
| Max Financial Services Limited |
| Positions Decreased |
| Stock |
| Banks |
| ICICI Bank Limited |
| State Bank of India |
| Insurance |
| SBI Life Insurance Company Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Cement & Cement Products |
| JK Cement Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| SBI Cards and Payment Services Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Capital Markets |
| UTI Asset Management Company Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Non - Ferrous Metals |
| National Aluminium Company Limited |
| Pharmaceuticals & Biotechnology |
| IPCA Laboratories Limited |
| Torrent Pharmaceuticals Limited |
| IT - Software |
| HCL Technologies Limited |
| MphasiS Limited |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAEBF | 3.82% |
20.26% |
14.32% |
20.36% |
| Scheme Benchmark* | 9.94% |
21.24% |
13.31% |
13.44% |
| Additional Benchmark** | 12.04% |
16.98% |
15.07% |
12.23% |
| NAV as on 30th November, 2022 | ₹ 99.569 | |||
| Index Value (30th November, 2022) | Index Value of Scheme benchmark is 13,183.19 and S&P BSE Sensex (TRI) is 95,383.95 |
|||
| Allotment Date | 9th July, 2010 | |||
| Scheme Benchmark | *Nifty Large Midcap 250 Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund managers : Mr. Neelesh Surana managing the scheme since 9th July, 2010 & Mr. Ankit Jain since 31st ,January 2019)
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
| Period | Total Amount Invested | Mkt Value as on 30-November-2022 |
SIP |
1,480,000 |
6,075,180 |
10 Yrs |
1,200,000 |
3,568,330 |
7 Yrs |
840,000 |
1,605,816 |
5 Yrs |
600,000 |
965,052 |
3 Yrs |
360,000 |
495,483 |
1 Yr |
120,000 |
126,454 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
21.11 |
20.66 |
18.19 |
19.09 |
21.91 |
10.15 |
Benchmark Return& (%) |
15.98 |
16.63 |
17.16 |
19.15 |
25.26 |
17.09 |
Add. Benchmark Return& (%) |
14.17 |
14.88 |
16.52 |
17.69 |
22.06 |
20.35 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
This product is suitable for investors who are seeking*
• Long term capital appreciation
• Large & Midcap fund investing atleast 35% in largecap stocks & atleast 35% in midcap stocks
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund managers are given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option