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 the Systematic Route i.e. Systematic Investment Plan (SIP) shall be allowed for a maximum of upto ₹ 2500/- aggregated at primary holder PAN through monthly or quarterly mode cumulatively aggregated across all available SIP Dates from 1st to 28th of the month. The changes are effective from July 01, 2019. For more details please refer to the addendum dated May 31, 2019. |
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, 2021 |
22,016.48 |
| Net AUM ( ₹ Cr.) | 21,230.60 |
Monthly Avg. Expense Ratio (Including Statutory Levies) as on November 30, 2021 |
Regular Plan: 1.66% 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 | ₹ 104.250 | ₹ 95.909 |
| IDCW | ₹ 74.058 | ₹ 44.678 |
| Volatility | 21.96% |
| Beta: | 0.92 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.96 |
| Information Ratio | 1.41 |
| Portfolio Turnover Ratio^ | 0.72 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, 2021.^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation | |
| Banks | ||
| ICICI Bank Ltd | 5.83% | |
| HDFC Bank Ltd | 5.69% | |
| Axis Bank Ltd | 4.23% | |
| State Bank of India | 3.57% | |
| Kotak Mahindra Bank Ltd | 0.01% | |
| Software | ||
| Infosys Ltd | 4.93% | |
| Tata Consultancy Services Ltd | 2.52% | |
| MphasiS Ltd | 2.36% | |
| HCL Technologies Ltd | 1.39% | |
| Pharmaceuticals | ||
| Sun Pharmaceutical Industries Ltd | 1.90% | |
| Torrent Pharmaceuticals Ltd | 1.58% | |
| Ajanta Pharma Ltd | 1.55% | |
| IPCA Laboratories Ltd | 1.46% | |
| Natco Pharma Ltd | 1.42% | |
| Dr. Reddy's Laboratories Ltd | 0.45% | |
| Consumer Durables | ||
| Voltas Ltd | 2.58% | |
| Crompton Greaves Consumer Electricals Ltd | 1.20% | |
| Havells India Ltd | 0.99% | |
| Bata India Ltd | 0.46% | |
| Titan Company Ltd | 0.11% | |
| Auto | ||
| Maruti Suzuki India Ltd | 1.69% | |
| Tata Motors Ltd | 1.58% | |
| Ashok Leyland Ltd | 1.32% | |
| TVS Motor Company Ltd | 0.65% | |
| Insurance | ||
| Max Financial Services Ltd | 2.36% | |
| SBI Life Insurance Company Ltd | 1.57% | |
| HDFC Life Insurance Company Ltd | 1.04% | |
| Finance | ||
| Power Finance Corporation Ltd | 1.16% | |
| Shriram Transport Finance Company Ltd | 1.13% | |
| SBI Cards and Payment Services Ltd | 1.13% | |
| Housing Development Finance Corporation Ltd | 0.68% | |
| Cholamandalam Investment and Finance Company Ltd | 0.20% | |
| Cement & Cement Products | ||
| JK Cement Ltd | 2.70% | |
| Nuvoco Vistas Corporation Ltd | 1.59% | |
| Chemicals | ||
| Vinati Organics Ltd | 1.65% | |
| Atul Ltd | 1.39% | |
| Chemplast Sanmar Ltd | 1.03% | |
| Auto Ancillaries | ||
| Sona BLW Precision Forgings Ltd | 1.68% | |
| Balkrishna Industries Ltd | 1.57% | |
| CEAT Ltd | 0.74% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 2.82% | |
| Bharat Petroleum Corporation Ltd | 0.90% | |
| Hindustan Petroleum Corporation Ltd | 0.18% | |
| Consumer Non Durables | ||
| Emami Ltd | 1.75% | |
| ITC Ltd | 1.05% | |
| Kansai Nerolac Paints Ltd | 0.85% | |
| Hindustan Unilever Ltd | 0.22% | |
| Dabur India Ltd | 0.00% | |
| Industrial Products | ||
| SKF India Ltd | 2.43% | |
| Prince Pipes And Fittings Ltd | 0.37% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 1.59% | |
| UTI Asset Management Company Ltd | 1.12% | |
| Gas | ||
| Gujarat State Petronet Ltd | 2.52% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 2.15% | |
| Construction Project | ||
| Larsen & Toubro Ltd | 1.80% | |
| Ferrous Metals | ||
| Tata Steel Ltd | 1.76% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Ltd | 1.01% | |
| Fortis Healthcare Ltd | 0.67% | |
| Textile Products | ||
| Page Industries Ltd | 1.31% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 1.22% | |
| Power | ||
| NTPC Ltd | 1.08% | |
| Transportation | ||
| Gateway Distriparks Ltd | 0.82% | |
| Financial Technology (FINTECH) | ||
| One 97 Communications Ltd | 0.50% | |
| Retailing | ||
| Zomato Ltd | 0.47% | |
| Pesticides | ||
| Bayer Cropscience Ltd | 0.07% | |
| Non - Ferrous Metals | ||
| National Aluminium Company Ltd | 0.04% | |
| Equity Holding Total | 99.79% | |
| Cash & Other Receivables | 0.21% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| New Position Bought |
| Stock |
| Chemicals |
| Chemplast Sanmar Limited |
| Leisure Services |
| Devyani International Limited |
| Cement & Cement Products |
| Nuvoco Vistas Corporation Limited |
| Positions Exited |
| Stock |
| Healthcare Services |
| Dr. Lal Path Labs Limited |
| Positions Increased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Auto Ancillaries |
| Balkrishna Industries Limited |
| Sona BLW Precision Forgings Limited |
| Banks |
| State Bank of India |
| Chemicals |
| Atul Limited |
| Consumer Durables |
| Voltas Limited |
| Finance |
| Shriram Transport Finance Company Limited |
| Gas |
| Gujarat State Petronet Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Pharmaceuticals |
| Ajanta Pharma Limited |
| Dr. Reddy's Laboratories Limited |
| Natco Pharma Limited |
| Sun Pharmaceutical Industries Limited |
| Power |
| NTPC Limited |
| Textile Products |
| Page Industries Limited |
| Positions Decreased |
| Stock |
| Auto |
| Ashok Leyland Limited |
| TVS Motor Company Limited |
| Banks |
| ICICI Bank Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| UTI Asset Management Company Limited |
| Chemicals |
| SRF Limited |
| Consumer Durables |
| Bata India Limited |
| Consumer Non Durables |
| Dabur India Limited |
| Hindustan Unilever Limited |
| Kansai Nerolac Paints Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| SBI Cards and Payment Services Limited |
| Healthcare Services |
| Fortis Healthcare Limited |
| Non - Ferrous Metals |
| National Aluminium Company Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Reliance Industries Limited |
| Pharmaceuticals |
| IPCA Laboratories Limited |
| Software |
| Infosys Limited |
| MphasiS Limited |
| Tata Consultancy Services Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Record Date | IDCW (₹) | 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 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 | 43.88 |
24.65 |
21.13 |
21.93 |
| Scheme Benchmark* | 42.16 |
20.16 |
18.06 |
13.76 |
| Additional Benchmark** | 30.28 |
17.67 |
17.80 |
12.25 |
| NAV as on 30th November, 2021 | 95.909 | |||
| Index Value (30th November, 2021) | Index Value of Scheme benchmark is 11,991.57 and S&P BSE Sensex (TRI) is 85,134.56 | |||
| 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 30-November-2021 |
SIP |
1,360,000 |
5,730,059 |
10 Yrs |
1,200,000 |
4,327,808 |
7 Yrs |
840,000 |
1,813,942 |
5 Yrs |
600,000 |
1,075,187 |
3 Yrs |
360,000 |
575,368 |
1 Yr |
120,000 |
139,296 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
23.58 |
24.23 |
21.62 |
23.55 |
32.96 |
31.14 |
Benchmark Return& (%) |
16.83 |
17.80 |
17.90 |
20.49 |
30.47 |
31.06 |
Add. Benchmark Return& (%) |
14.46 |
15.25 |
16.28 |
18.67 |
23.90 |
21.74 |
& 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 