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 April 30, 2023 |
23,983.44 |
| Net AUM ( ₹ Cr.) | 24,541.33 |
Monthly Avg. Expense Ratio (Including Statutory Levies) as on April 30, 2023 |
Regular Plan: 1.62% Direct Plan: 0.63% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 106.235 | ₹ 96.379 |
| IDCW | ₹ 63.277 | ₹ 37.680 |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Positions Increased |
| Stock |
| Agricultural, Commercial & Construction Vehicles |
| Ashok Leyland Limited |
| Automobiles |
| Tata Motors Limited |
| Banks |
| Kotak Mahindra Bank Limited |
| Consumer Durables |
| Bata India Limited |
| Crompton Greaves Consumer Electricals Limited |
| Kajaria Ceramics Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| Healthcare Services |
| Apollo Hospitals Enterprise Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| IT - Software |
| HCL Technologies Limited |
| LTIMindtree Limited |
| Minerals & Mining |
| NMDC Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Pharmaceuticals & Biotechnology |
| Biocon Limited |
| Transport Services |
| Delhivery Limited |
| Positions Decreased |
| Stock |
| Auto Components |
| Balkrishna Industries Limited |
| Sona BLW Precision Forgings Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| TVS Motor Company Limited |
| Capital Markets |
| UTI Asset Management Company Limited |
| Cement & Cement Products |
| Nuvoco Vistas Corporation Limited |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Consumer Durables |
| Havells India Limited |
| Titan Company Limited |
| Voltas Limited |
| Diversified FMCG |
| ITC Limited |
| Finance |
| Power Finance Corporation Limited |
| SBI Cards and Payment Services Limited |
| Shriram Finance Limited |
| Leisure Services |
| The Indian Hotels Company Limited |
| Non - Ferrous Metals |
| National Aluminium Company Limited |
| Personal Products |
| Dabur India Limited |
| Pharmaceuticals & Biotechnology |
| Aurobindo Pharma Limited |
| IPCA Laboratories Limited |
| Natco Pharma Limited |
| Torrent Pharmaceuticals Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Textiles & Apparels |
| Page Industries Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 5.98% |
| ICICI Bank Ltd | 5.02% |
| Axis Bank Ltd | 4.00% |
| State Bank of India | 3.39% |
| The Federal Bank Limited | 2.00% |
| Kotak Mahindra Bank Ltd | 1.65% |
| IT - Software | |
| Infosys Ltd | 2.27% |
| HCL Technologies Limited | 1.90% |
| Tata Consultancy Services Ltd | 1.45% |
| LTIMindtree Limited | 1.01% |
| MphasiS Limited | 0.67% |
| Pharmaceuticals & Biotechnology | |
| Sun Pharmaceutical Industries Ltd | 1.49% |
| Gland Pharma Limited | 1.44% |
| Aurobindo Pharma Ltd | 1.07% |
| Natco Pharma Limited | 0.73% |
| Torrent Pharmaceuticals Ltd | 0.72% |
| Biocon Ltd | 0.66% |
| IPCA Laboratories Limited | 0.50% |
| Industrial Products | |
| SKF India Limited | 2.49% |
| Bharat Forge Limited | 2.39% |
| Prince Pipes And Fittings Limited | 0.79% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Limited | 1.32% |
| Bata India Limited | 1.32% |
| Havells India Ltd | 0.95% |
| Kajaria Ceramics Ltd | 0.59% |
| Titan Company Ltd | 0.56% |
| Voltas Ltd | 0.51% |
| Finance | |
| Shriram Finance Limited | 1.98% |
| Power Finance Corporation Ltd | 1.14% |
| SBI Cards and Payment Services Limited | 1.00% |
| Housing Development Finance Corporation Ltd | 0.74% |
| Petroleum Products | |
| Reliance Industries Ltd | 4.17% |
| Hindustan Petroleum Corporation Ltd | 0.02% |
| Telecom - Services | |
| Bharti Airtel Ltd | 2.04% |
| Tata Communications Limited | 1.24% |
| Automobiles | |
| Tata Motors Limited | 1.53% |
| TVS Motor Company Ltd | 1.00% |
| Maruti Suzuki India Ltd | 0.62% |
| Gas | |
| Gujarat State Petronet Limited | 2.13% |
| Indraprastha Gas Limited | 0.93% |
| Cement & Cement Products | |
| JK Cement Limited | 2.07% |
| Nuvoco Vistas Corporation Limited | 0.94% |
| Construction | |
| Larsen & Toubro Ltd | 2.54% |
| Auto Components | |
| Sona BLW Precision Forgings Limited | 1.51% |
| CEAT Limited | 0.93% |
| Balkrishna Industries Ltd | 0.05% |
| Chemicals & Petrochemicals | |
| Vinati Organics Ltd | 0.98% |
| Atul Limited | 0.84% |
| Chemplast Sanmar Limited | 0.64% |
| Insurance | |
| Max Financial Services Ltd | 1.35% |
| SBI Life Insurance Company Limited | 1.05% |
| Power | |
| NTPC Ltd | 1.95% |
| Transport Services | |
| Delhivery Limited | 1.27% |
| Gateway Distriparks Limited | 0.65% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 1.57% |
| UTI Asset Management Company Limited | 0.27% |
| Diversified FMCG | |
| ITC Ltd | 1.42% |
| Hindustan Unilever Ltd | 0.33% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.74% |
| Personal Products | |
| Emami Limited | 1.41% |
| Dabur India Ltd | 0.25% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Limited | 0.89% |
| Apollo Hospitals Enterprise Limited | 0.66% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 1.21% |
| One 97 Communications Limited | 0.26% |
| Retailing | |
| Zomato Limited | 1.00% |
| FSN E-Commerce Ventures Limited | 0.46% |
| Fertilizers & Agrochemicals | |
| Bayer Cropscience Limited | 1.19% |
| Leisure Services | |
| Sapphire Foods India Limited | 0.63% |
| The Indian Hotels Company Limited | 0.39% |
| Textiles & Apparels | |
| Page Industries Ltd | 0.77% |
| Realty | |
| Prestige Estates Projects Limited | 0.69% |
| Minerals & Mining | |
| NMDC Limited | 0.56% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 0.54% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Limited | 0.53% |
| Beverages | |
| United Spirits Limited | 0.39% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.33% |
| Food Products | |
| Britannia Industries Ltd | 0.02% |
| Equity Holding Total | 99.73% |
| Cash & Other Receivables | 0.27% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAEBF | 2.51% |
25.55% |
13.68% |
19.35% |
| Scheme Benchmark* | 5.61% |
28.12% |
11.71% |
12.70% |
| Additional Benchmark** | 8.48% |
23.36% |
13.02% |
11.56% |
| NAV as on 28th April, 2023 | ₹ 96.379 | |||
| Index Value (28th April, 2023) | Index Value of Scheme benchmark is 12,762.96 and S&P BSE Sensex (TRI) is 92,568.15 |
|||
| 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.
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
| Period | Total Amount Invested | Mkt Value as on 28-April-2023 |
SIP |
1,530,000 |
5,930,952 |
10 Yrs |
1,200,000 |
3,144,749 |
7 Yrs |
840,000 |
1,444,899 |
5 Yrs |
600,000 |
889,388 |
3 Yrs |
360,000 |
438,701 |
1 Yr |
120,000 |
122,862 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
19.59 |
18.35 |
15.26 |
15.80 |
13.36 |
4.53 |
Benchmark Return& (%) |
14.69 |
14.90 |
14.59 |
16.15 |
16.45 |
7.35 |
Add. Benchmark Return& (%) |
13.00 |
13.36 |
14.10 |
14.44 |
14.61 |
9.63 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 14.60% |
| Beta: | 0.89 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 1.27 |
| Information Ratio | -0.77 |
| Portfolio Turnover Ratio | 0.49 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 April, 2023.^Basis last rolling 12 months. |
|
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.
| Record Date | IDCW (₹) | Face Value (₹) | Cum Nav (₹) |
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 |
07-Feb-22 |
3.50 per Unit |
10 |
40.4520 |
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