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 August 31, 2022 |
23,308.55 |
| Net AUM ( ₹ Cr.) | 23,509.79 |
Monthly Avg. Expense Ratio (Including Statutory Levies) as on August 31, 2022 |
Regular Plan: 1.73% Direct Plan: 0.69% |
| **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 | ₹ 106.044 | ₹ 96.840 |
| IDCW^ | ₹ 69.220 | ₹ 41.408 |
| Volatility | 22.44% |
| Beta: | 0.92 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.81 |
| Information Ratio | -0.12 |
| Portfolio Turnover Ratio | 0.64 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 August, 2022.^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation | |
| ICICI Bank Ltd | 0.05483812 | |
| ICICI Bank Ltd | 5.48% | |
| HDFC Bank Ltd | 5.41% | |
| Axis Bank Ltd | 4.16% | |
| State Bank of India | 3.62% | |
| Kotak Mahindra Bank Ltd | 0.84% | |
| The Federal Bank Limited | 0.70% | |
| Gland Pharma Limited | 0.01879398 | |
| Gland Pharma Limited | 1.88% | |
| Sun Pharmaceutical Industries Ltd | 1.80% | |
| Aurobindo Pharma Ltd | 1.50% | |
| Torrent Pharmaceuticals Ltd | 1.34% | |
| IPCA Laboratories Limited | 0.93% | |
| Natco Pharma Limited | 0.80% | |
| Infosys Ltd | 0.03728195 | |
| Infosys Ltd | 3.73% | |
| Tata Consultancy Services Ltd | 1.66% | |
| HCL Technologies Limited | 1.52% | |
| MphasiS Limited | 1.11% | |
| Crompton Greaves Consumer Electricals Limited | 0.01702276 | |
| Crompton Greaves Consumer Electricals Limited | 1.70% | |
| Havells India Ltd | 1.60% | |
| Bata India Limited | 1.53% | |
| Titan Company Ltd | 0.50% | |
| Voltas Ltd | 0.49% | |
| SKF India Limited | 0.03031282 | |
| SKF India Limited | 3.03% | |
| Bharat Forge Limited | 1.86% | |
| Prince Pipes And Fittings Limited | 0.81% | |
| Shriram Transport Finance Company Limited | 0.02307928 | |
| Shriram Transport Finance Company Limited | 2.31% | |
| SBI Cards and Payment Services Limited | 1.64% | |
| Power Finance Corporation Ltd | 0.95% | |
| Housing Development Finance Corporation Ltd | 0.57% | |
| Reliance Industries Ltd | 0.0352026 | |
| Reliance Industries Ltd | 3.52% | |
| Bharat Petroleum Corporation Limited | 0.74% | |
| Hindustan Petroleum Corporation Ltd | 0.63% | |
| Sona BLW Precision Forgings Limited | 0.01609848 | |
| Sona BLW Precision Forgings Limited | 1.61% | |
| Balkrishna Industries Ltd | 1.32% | |
| CEAT Limited | 0.78% | |
| Motherson Sumi Wiring India Limited | 0.67% | |
| Bharti Airtel Ltd | 0.02627984 | |
| Bharti Airtel Ltd | 2.63% | |
| Tata Communications Limited | 0.80% | |
| Vinati Organics Ltd | 0.01688124 | |
| Vinati Organics Ltd | 1.69% | |
| Atul Limited | 1.04% | |
| Chemplast Sanmar Limited | 0.66% | |
| JK Cement Limited | 0.02109437 | |
| JK Cement Limited | 2.11% | |
| Nuvoco Vistas Corporation Limited | 1.27% | |
| Max Financial Services Ltd | 0.02250887 | |
| Max Financial Services Ltd | 2.25% | |
| SBI Life Insurance Company Limited | 0.67% | |
| ICICI Lombard General Insurance Company Limited | 0.43% | |
| TVS Motor Company Ltd | 0.01587523 | |
| TVS Motor Company Ltd | 1.59% | |
| Tata Motors Limited | 1.06% | |
| Maruti Suzuki India Ltd | 0.66% | |
| Indian Energy Exchange Ltd | 0.01688617 | |
| Indian Energy Exchange Ltd | 1.69% | |
| UTI Asset Management Company Limited | 0.73% | |
| Emami Limited | 0.01903594 | |
| Emami Limited | 1.90% | |
| Dabur India Ltd | 0.45% | |
| Gujarat State Petronet Limited | 0.02038367 | |
| Gujarat State Petronet Limited | 2.04% | |
| Larsen & Toubro Ltd | 0.01864342 | |
| Larsen & Toubro Ltd | 1.86% | |
| Tata Steel Ltd | 0.015617 | |
| Tata Steel Ltd | 1.56% | |
| Page Industries Ltd | 0.01417866 | |
| Page Industries Ltd | 1.42% | |
| NTPC Ltd | 0.01368105 | |
| NTPC Ltd | 1.37% | |
| PB Fintech Limited | 0.00937289 | |
| PB Fintech Limited | 0.94% | |
| One 97 Communications Limited | 0.30% | |
| National Aluminium Company Limited | 0.01063413 | |
| National Aluminium Company Limited | 1.06% | |
| Bayer Cropscience Limited | 0.00957026 | |
| Bayer Cropscience Limited | 0.96% | |
| Krishna Institute Of Medical Sciences Limited | 0.0089386 | |
| Krishna Institute Of Medical Sciences Limited | 0.89% | |
| Zomato Limited | 0.00883198 | |
| Zomato Limited | 0.88% | |
| Gateway Distriparks Limited | 0.00724588 | |
| Gateway Distriparks Limited | 0.72% | |
| Britannia Industries Ltd | 0.00581754 | |
| Britannia Industries Ltd | 0.58% | |
| Zee Entertainment Enterprises Ltd | 0.00370326 | |
| Zee Entertainment Enterprises Ltd | 0.37% | |
| ITC Ltd | 0.00194669 | |
| ITC Ltd | 0.19% | |
| Hindustan Unilever Ltd | 0.01% | |
| Bharat Electronics Ltd | 0.00000226 | |
| Bharat Electronics Ltd | 0.00% | |
| Equity Holding Total | 99.54% | |
| Cash & Other Receivables | 0.46% | |
| Total | 100.00% | |
| New Positions Bought |
| Stock |
| Retailing |
| Zomato Limited |
| Banks |
| The Federal Bank Limited |
| Telecom - Services |
| Tata Communications Limited |
| Positions Increased |
| Stock |
| Ferrous Metals |
| Tata Steel Limited |
| Consumer Durables |
| Crompton Greaves Consumer Electricals Limited |
| Financial Technology (Fintech) |
| PB Fintech Limited |
| Industrial Products |
| Prince Pipes And Fittings Limited |
| Bharat Forge Limited |
| Pharmaceuticals & Biotechnology |
| Natco Pharma Limited |
| Gland Pharma Limited |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Balkrishna Industries Limited |
| CEAT Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Banks |
| Kotak Mahindra Bank Limited |
| HDFC Bank Limited |
| Positions Decreased |
| Stock |
| Auto Components |
| Motherson Sumi Wiring India Limited |
| Entertainment |
| Zee Entertainment Enterprises Limited |
| Insurance |
| ICICI Lombard General Insurance Company Limited |
| SBI Life Insurance Company Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Finance |
| Shriram Transport Finance Company Limited |
| IT - Software |
| Infosys Limited |
| Construction |
| Larsen & Toubro Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Pharmaceuticals & Biotechnology |
| Torrent Pharmaceuticals Limited |
| Sun Pharmaceutical Industries Limited |
| Banks |
| State Bank of India |
| ICICI Bank Limited |
| 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
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAEBF | 1.72% |
23.40% |
15.60% |
20.55% |
| Scheme Benchmark* | 8.79% |
23.84% |
14.22% |
13.43% |
| Additional Benchmark** | 4.80% |
18.16% |
14.75% |
11.95% |
| NAV as on 30th August, 2022 | ₹ 96.840 | |||
| Index Value (30th August, 2022) | Index Value of Scheme benchmark is 12,755.46 and S&P BSE Sensex (TRI) is 89,828.75 |
|||
| Allotment Date | 9th July, 2010 | |||
| Scheme Benchmark | *Nifty Large Midcap 250 (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-August-2022 |
SIP |
1,450,000 |
5,878,179 |
10 Yrs |
1,200,000 |
3,671,452 |
7 Yrs |
840,000 |
1,627,001 |
5 Yrs |
600,000 |
968,187 |
3 Yrs |
360,000 |
506,256 |
1 Yr |
120,000 |
122,229 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
21.41 |
21.19 |
18.56 |
19.24 |
23.50 |
3.48 |
Benchmark Return& (%) |
16.04 |
16.75 |
17.18 |
18.96 |
26.46 |
12.23 |
Add. Benchmark Return& (%) |
13.77 |
14.37 |
15.69 |
16.55 |
20.47 |
8.63 |
& 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