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 (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 Rs. 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 Dividend Option (Payout & Re-investment) |
Monthly Average AUM (₹ Cr.) as on February 28, 2021 |
15,878.81 |
| Net AUM ( ₹ Cr.) | 15,785.32 |
Monthly Avg. Expense Ratio (Including Statutory Levies) as on February 28, 2021 |
Regular Plan: 1.81% Direct Plan: 0.70% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 83.517 | ₹ 77.431 |
| Dividend | ₹ 64.441 | ₹ 39.244 |
| Volatility | 23.04% |
| Beta: | 0.92 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.53 |
| Information Ratio | 1.42 |
| Portfolio Turnover Ratio^ | 0.97 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 27th February, 2021.^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 7.01% | |
| ICICI Bank Ltd | 6.56% | |
| Axis Bank Ltd | 4.72% | |
| State Bank of India | 3.57% | |
| Kotak Mahindra Bank Ltd | 0.68% | |
| IndusInd Bank Ltd | 0.20% | |
| Finance | ||
| Max Financial Services Ltd | 2.29% | |
| Indian Energy Exchange Ltd | 1.42% | |
| Power Finance Corporation Ltd | 1.36% | |
| Cholamandalam Investment and Finance Company Ltd | 1.28% | |
| Housing Development Finance Corporation Ltd | 1.28% | |
| UTI Asset Management Company Ltd | 1.07% | |
| SBI Life Insurance Company Ltd | 1.03% | |
| HDFC Life Insurance Company Ltd | 0.71% | |
| SBI Cards and Payment Services Ltd | 0.01% | |
| Software | ||
| Infosys Ltd | 5.02% | |
| Tata Consultancy Services Ltd | 2.92% | |
| MphasiS Ltd | 1.11% | |
| Coforge Ltd | 0.95% | |
| MindTree Ltd | 0.33% | |
| Pharmaceuticals | ||
| Natco Pharma Ltd | 1.68% | |
| Ajanta Pharma Ltd | 1.67% | |
| Dr. Reddy's Laboratories Ltd | 1.35% | |
| IPCA Laboratories Ltd | 1.29% | |
| Torrent Pharmaceuticals Ltd | 1.22% | |
| Sun Pharmaceutical Industries Ltd | 1.00% | |
| Biocon Ltd | 0.33% | |
| Consumer Non Durables | ||
| Kansai Nerolac Paints Ltd | 1.72% | |
| Dabur India Ltd | 1.36% | |
| ITC Ltd | 1.30% | |
| Hindustan Unilever Ltd | 1.13% | |
| Emami Ltd | 1.11% | |
| Tata Consumer Products Ltd | 0.58% | |
| Jyothy Labs Ltd | 0.57% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 3.85% | |
| Bharat Petroleum Corporation Ltd | 2.06% | |
| Hindustan Petroleum Corporation Ltd | 0.33% | |
| Auto | ||
| Maruti Suzuki India Ltd | 2.36% | |
| Ashok Leyland Ltd | 1.86% | |
| TVS Motor Company Ltd | 1.39% | |
| Consumer Durables | ||
| Voltas Ltd | 2.71% | |
| Crompton Greaves Consumer Electricals Ltd | 1.00% | |
| Bata India Ltd | 0.63% | |
| Havells India Ltd | 0.55% | |
| Titan Company Ltd | 0.00% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 2.95% | |
| Chemicals | ||
| Vinati Organics Ltd | 1.48% | |
| Deepak Nitrite Ltd | 1.44% | |
| Industrial Products | ||
| SKF India Ltd | 1.87% | |
| SRF Ltd | 0.93% | |
| Auto Ancillaries | ||
| Balkrishna Industries Ltd | 1.40% | |
| CEAT Ltd | 1.29% | |
| Cement | ||
| JK Cement Ltd | 2.29% | |
| Gas | ||
| Gujarat State Petronet Ltd | 2.18% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.80% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 1.42% | |
| Industrial Capital Goods | ||
| Bharat Electronics Ltd | 1.41% | |
| Textile Products | ||
| Page Industries Ltd | 1.31% | |
| Healthcare Services | ||
| Dr. Lal Path Labs Ltd | 0.71% | |
| Transportation | ||
| Gateway Distriparks Ltd | 0.70% | |
| Non - Ferrous Metals | ||
| National Aluminium Company Ltd | 0.10% | |
| Retailing | ||
| Avenue Supermarts Ltd | 0.00% | |
| Equity Holding Total | 99.84% | |
| Cash & Other Receivables | 0.16% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| Positions Increased |
| Stock |
| Banks |
| Axis Bank Limited |
| HDFC Bank Limited |
| ICICI Bank Limited |
| State Bank of India |
| Consumer Durables |
| Havells India Limited |
| Consumer Non Durables |
| Emami Limited |
| ITC Limited |
| Tata Consumer Products Limited |
| Finance |
| Cholamandalam Investment and Finance Company Limited |
| HDFC Life Insurance Company Limited |
| Indian Energy Exchange Limited |
| Max Financial Services Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Reliance Industries Limited |
| Reliance Industries Limited |
| Retailing |
| Avenue Supermarts Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Positions Decreased |
| Stock |
| Auto |
| Maruti Suzuki India Limited |
| Auto Ancillaries |
| Balkrishna Industries Limited |
| Banks |
| IndusInd Bank Limited |
| Chemicals |
| Deepak Nitrite Limited |
| Vinati Organics Limited |
| Consumer Durables |
| Bata India Limited |
| Crompton Greaves Consumer Electricals Limited |
| Consumer Non Durables |
| Dabur India Limited |
| Kansai Nerolac Paints Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Finance |
| Power Finance Corporation Limited |
| SBI Life Insurance Company Limited |
| Gas |
| Gujarat State Petronet Limited |
| Industrial Products |
| SKF India Limited |
| SRF Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Pharmaceuticals |
| Torrent Pharmaceuticals Limited |
| Software |
| Infosys Limited |
| MphasiS Limited |
| Tata Consultancy Services Limited |
| Textile Products |
| Page Industries Limited |
| Record Date | Dividend (₹) | Face Value (₹) | Cum Nav (₹) |
05-Jan-16 |
2.00 per Unit |
10 |
24.495 |
20-Jul-16 |
2.00 per Unit |
10 |
24.292 |
24-Jul-17 |
2.50 per Unit |
10 |
28.233 |
06-Dec-18 |
2.50 per Unit |
10 |
29.737 |
16-Jan-20 |
2.50 per Unit |
10 |
31.950 |
Past Performance may or may not be sustained in future. Pursuant to payment of dividend the NAV of the dividend option of the scheme will fall to the extent of payout and statutory levy (if any). Dividend history is for MAEBF- Regular Plan - Dividend Option
| Returns (%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAEBF | 38.93 |
15.78 |
23.23 |
21.20 |
| Scheme Benchmark* | 36.62 |
11.01 |
18.54 |
12.55 |
| Additional Benchmark** | 30.00 |
14.22 |
17.89 |
11.50 |
| NAV as on 26th Febraury, 2021 | 77,431 | |||
| Index Value (26th February, 2021) | Index Value of Scheme benchmark is 9,706.40 and S&P BSE Sensex (TRI) is 72,642.78. | |||
| Allotment Date | 9th July, 2010 | |||
| Scheme Benchmark | *Nifty Large Midcap 250 (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2. Fund managers : Mr. Neelesh Surana managing the scheme since 9th July, 2010 & Mr. Ankit Jain since 31st ,January 2019)
| Period | Total Amount Invested | Mkt Value as on 26-Febraury-2021 |
SIP |
1,270,000 |
4,546,560 |
10 Yrs |
1,200,000 |
4,053,184 |
7 Yrs |
840,000 |
1,725,930 |
5 Yrs |
600,000 |
996,079 |
3 Yrs |
360,000 |
526,481 |
1 Yr |
120,000 |
166,048 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
22.66 |
23.04 |
20.25 |
20.45 |
26.46 |
79.70 |
Benchmark Return& (%) |
15.19 |
15.68 |
15.06 |
16.37 |
21.78 |
78.89 |
Add. Benchmark Return& (%) |
13.46 |
13.87 |
14.24 |
16.62 |
19.81 |
62.49 |
& 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 stock & atleast 35% in midcap stocks
• Degree of risk – Very High
*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 