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 September 30, 2022 |
23,447.23 |
| Net AUM ( ₹ Cr.) | 22,927.38 |
Monthly Avg. Expense Ratio (Including Statutory Levies) as on September 30, 2022 |
Regular Plan: 1.67% Direct Plan: 0.70% |
| **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 | ₹ 102.771 | ₹ 93.773 |
| IDCW^ | ₹ 67.083 | ₹ 40.096 |
| Volatility | 22.44% |
| Beta: | 0.92 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.63 |
| Information Ratio | -0.15 |
| Portfolio Turnover Ratio | 0.65 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 September, 2022.^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 5.39% |
| ICICI Bank Ltd | 5.26% |
| Axis Bank Ltd | 4.16% |
| State Bank of India | 3.71% |
| Kotak Mahindra Bank Ltd | 1.21% |
| The Federal Bank Limited | 1.09% |
| IT - Software | |
| Infosys Ltd | 3.70% |
| Tata Consultancy Services Ltd | 1.66% |
| HCL Technologies Limited | 1.42% |
| MphasiS Limited | 1.11% |
| Pharmaceuticals & Biotechnology | |
| Gland Pharma Limited | 1.70% |
| Sun Pharmaceutical Industries Ltd | 1.52% |
| Aurobindo Pharma Ltd | 1.32% |
| Torrent Pharmaceuticals Ltd | 1.17% |
| IPCA Laboratories Limited | 0.97% |
| Natco Pharma Limited | 0.88% |
| Industrial Products | |
| SKF India Limited | 3.02% |
| Bharat Forge Limited | 1.97% |
| Prince Pipes And Fittings Limited | 0.82% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Limited | 1.76% |
| Havells India Ltd | 1.59% |
| Bata India Limited | 1.27% |
| Voltas Ltd | 0.54% |
| Titan Company Ltd | 0.52% |
| Finance | |
| Shriram Transport Finance Company Limited | 2.03% |
| SBI Cards and Payment Services Limited | 1.50% |
| Power Finance Corporation Ltd | 0.85% |
| Housing Development Finance Corporation Ltd | 0.55% |
| Petroleum Products | |
| Reliance Industries Ltd | 3.25% |
| Hindustan Petroleum Corporation Ltd | 0.62% |
| Bharat Petroleum Corporation Limited | 0.24% |
| Auto Components | |
| Sona BLW Precision Forgings Limited | 1.47% |
| Balkrishna Industries Ltd | 1.24% |
| CEAT Limited | 0.91% |
| Motherson Sumi Wiring India Limited | 0.26% |
| Telecom - Services | |
| Bharti Airtel Ltd | 2.75% |
| Tata Communications Limited | 0.93% |
| Cement & Cement Products | |
| JK Cement Limited | 2.09% |
| Nuvoco Vistas Corporation Limited | 1.49% |
| Automobiles | |
| TVS Motor Company Ltd | 1.58% |
| Tata Motors Limited | 0.93% |
| Maruti Suzuki India Ltd | 0.89% |
| Chemicals & Petrochemicals | |
| Vinati Organics Ltd | 1.41% |
| Atul Limited | 1.05% |
| Chemplast Sanmar Limited | 0.67% |
| Insurance | |
| Max Financial Services Ltd | 1.96% |
| SBI Life Insurance Company Limited | 0.65% |
| ICICI Lombard General Insurance Company Limited | 0.39% |
| Personal Products | |
| Emami Limited | 2.03% |
| Dabur India Ltd | 0.45% |
| Gas | |
| Gujarat State Petronet Limited | 1.99% |
| Indraprastha Gas Limited | 0.48% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 1.53% |
| UTI Asset Management Company Limited | 0.65% |
| Construction | |
| Larsen & Toubro Ltd | 2.04% |
| Power | |
| NTPC Ltd | 1.54% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.48% |
| Textiles & Apparels | |
| Page Industries Ltd | 1.44% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 0.94% |
| One 97 Communications Limited | 0.27% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Limited | 1.15% |
| Retailing | |
| Zomato Limited | 0.97% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.97% |
| Food Products | |
| Britannia Industries Ltd | 0.93% |
| Fertilizers & Agrochemicals | |
| Bayer Cropscience Limited | 0.88% |
| Diversified FMCG | |
| ITC Ltd | 0.74% |
| Hindustan Unilever Ltd | 0.10% |
| Transport Services | |
| Gateway Distriparks Limited | 0.74% |
| Entertainment | |
| Zee Entertainment Enterprises Ltd | 0.38% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 0.36% |
| Realty | |
| Prestige Estates Projects Limited | 0.26% |
| Equity Holding Total | 99.80% |
| Cash & Other Receivables | 0.20% |
| Total | 100.00% |
| New Positions Bought |
| Stock |
| Realty |
| Prestige Estates Projects Limited |
| Gas |
| Indraprastha Gas Limited |
| Positions Increased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Banks |
| HDFC Bank Limited |
| Kotak Mahindra Bank Limited |
| The Federal Bank Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| ITC Limited |
| Power |
| NTPC Limited |
| Industrial Products |
| Bharat Forge Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Telecom - Services |
| Tata Communications Limited |
| Construction |
| Larsen & Toubro Limited |
| Financial Technology (Fintech) |
| PB Fintech Limited |
| Food Products |
| Britannia Industries Limited |
| Consumer Durables |
| Voltas Limited |
| IT - Software |
| Infosys Limited |
| Tata Consultancy Services Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| Pharmaceuticals & Biotechnology |
| Natco Pharma Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Positions Decreased |
| Stock |
| Auto Components |
| Motherson Sumi Wiring India Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Pharmaceuticals & Biotechnology |
| Aurobindo Pharma Limited |
| Sun Pharmaceutical Industries Limited |
| Torrent Pharmaceuticals Limited |
| Finance |
| SBI Cards and Payment Services Limited |
| Shriram Transport Finance Company Limited |
| Insurance |
| Max Financial Services Limited |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Automobiles |
| TVS Motor Company Limited |
| IT - Software |
| HCL Technologies Limited |
| Consumer Durables |
| Bata India Limited |
| Banks |
| 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 | -3.91% |
20.65% |
14.74% |
20.07% |
| Scheme Benchmark* | 1.39% |
21.19% |
13.68% |
13.08% |
| Additional Benchmark** | -1.64% |
15.39% |
14.22% |
11.53% |
| NAV as on 30th September, 2022 | ₹ 93.773 | |||
| Index Value (30th September, 2022) | Index Value of Scheme benchmark is 12,412.14 and S&P BSE Sensex (TRI) is 86,644.98 |
|||
| 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-September-2022 |
SIP |
1,460,000 |
5,701,733 |
10 Yrs |
1,200,000 |
3,485,433 |
7 Yrs |
840,000 |
1,553,596 |
5 Yrs |
600,000 |
927,457 |
3 Yrs |
360,000 |
481,395 |
1 Yr |
120,000 |
118,273 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
20.70 |
20.23 |
17.26 |
17.46 |
19.84 |
-2.66 |
Benchmark Return& (%) |
15.45 |
15.98 |
16.09 |
17.43 |
23.12 |
5.46 |
Add. Benchmark Return& (%) |
13.07 |
13.48 |
14.39 |
14.63 |
16.88 |
1.03 |
& 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