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 February 28, 2023 |
23,746.77 |
| Net AUM ( ₹ Cr.) | 23,394.44 |
Monthly Avg. Expense Ratio (Including Statutory Levies) as on February 28, 2023 |
Regular Plan: 1.70% Direct Plan: 0.61% |
| **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. | |
| Portfolio Holdings | % Allocation |
Banks |
|
HDFC Bank Ltd |
5.95% |
ICICI Bank Ltd |
4.91% |
Axis Bank Ltd |
4.27% |
State Bank of India |
3.21% |
The Federal Bank Ltd |
1.90% |
Kotak Mahindra Bank Ltd |
1.42% |
IT - Software |
|
Infosys Ltd |
3.01% |
Tata Consultancy Services Ltd |
1.88% |
HCL Technologies Ltd |
1.63% |
LTIMindtree Ltd |
0.91% |
MphasiS Ltd |
0.52% |
Pharmaceuticals & Biotechnology |
|
Sun Pharmaceutical Industries Ltd |
1.49% |
Gland Pharma Ltd |
1.30% |
Aurobindo Pharma Ltd |
1.00% |
Natco Pharma Ltd |
0.85% |
Torrent Pharmaceuticals Ltd |
0.83% |
IPCA Laboratories Ltd |
0.75% |
Biocon Ltd |
0.29% |
Industrial Products |
|
SKF India Ltd |
2.80% |
Bharat Forge Ltd |
2.55% |
Prince Pipes And Fittings Ltd |
0.77% |
Consumer Durables |
|
Crompton Greaves Consumer Electricals Ltd |
1.28% |
Bata India Ltd |
1.12% |
Havells India Ltd |
1.02% |
Voltas Ltd |
0.87% |
Titan Company Ltd |
0.69% |
Finance |
|
Shriram Finance Ltd |
1.90% |
Power Finance Corporation Ltd |
1.16% |
SBI Cards and Payment Services Ltd |
1.03% |
Housing Development Finance Corporation Ltd |
0.55% |
Petroleum Products |
|
Reliance Industries Ltd |
3.80% |
Hindustan Petroleum Corporation Ltd |
0.39% |
Telecom - Services |
|
Bharti Airtel Ltd |
2.03% |
Tata Communications Ltd |
1.24% |
Automobiles |
|
TVS Motor Company Ltd |
1.35% |
Tata Motors Ltd |
1.19% |
Maruti Suzuki India Ltd |
0.71% |
Cement & Cement Products |
|
JK Cement Ltd |
2.01% |
Nuvoco Vistas Corporation Ltd |
1.24% |
Gas |
|
Gujarat State Petronet Ltd |
2.21% |
Indraprastha Gas Ltd |
0.87% |
Auto Components |
|
Sona BLW Precision Forgings Ltd |
1.41% |
CEAT Ltd |
0.87% |
Balkrishna Industries Ltd |
0.72% |
Chemicals & Petrochemicals |
|
Vinati Organics Ltd |
1.00% |
Atul Ltd |
0.90% |
Chemplast Sanmar Ltd |
0.61% |
Construction |
|
Larsen & Toubro Ltd |
2.38% |
Personal Products |
|
Emami Ltd |
1.58% |
Dabur India Ltd |
0.55% |
Insurance |
|
Max Financial Services Ltd |
1.48% |
SBI Life Insurance Company Ltd |
0.60% |
Power |
|
NTPC Ltd |
2.03% |
Capital Markets |
|
Indian Energy Exchange Ltd |
1.52% |
UTI Asset Management Company Ltd |
0.37% |
Diversified FMCG |
|
ITC Ltd |
1.50% |
Hindustan Unilever Ltd |
0.35% |
Ferrous Metals |
|
Tata Steel Ltd |
1.76% |
Transport Services |
|
Delhivery Ltd |
0.98% |
Gateway Distriparks Ltd |
0.63% |
Financial Technology (Fintech) |
|
PB Fintech Ltd |
1.29% |
One 97 Communications Ltd |
0.25% |
Healthcare Services |
|
Krishna Institute Of Medical Sciences Ltd |
0.83% |
Apollo Hospitals Enterprise Ltd |
0.58% |
Fertilizers & Agrochemicals |
|
Bayer Cropscience Ltd |
1.29% |
Textiles & Apparels |
|
Page Industries Ltd |
1.07% |
Leisure Services |
|
Sapphire Foods India Ltd |
0.62% |
The Indian Hotels Company Ltd |
0.38% |
Retailing |
|
Zomato Ltd |
0.86% |
Realty |
|
Prestige Estates Projects Ltd |
0.60% |
Non - Ferrous Metals |
|
National Aluminium Company Ltd |
0.48% |
Aerospace & Defense |
|
Bharat Electronics Ltd |
0.44% |
Beverages |
|
United Spirits Ltd |
0.39% |
Food Products |
|
Britannia Industries Ltd |
0.31% |
Agricultural, Commercial & Construction Vehicles |
|
Ashok Leyland Ltd |
0.26% |
Equity Holding Total |
99.78% |
Cash & Other Receivables |
0.22% |
Total |
100.00% |
| NAV: | Direct | Regular |
| Growth | ₹ 102.292 | ₹ 92.957 |
| IDCW^ | ₹ 60.928 | ₹ 36.342 |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAEBF | 0.45% |
18.54% |
13.24% |
19.27% |
| Scheme Benchmark* | 4.93% |
19.64% |
11.40% |
12.46% |
| Additional Benchmark** | 6.19% |
16.86% |
12.85% |
11.40% |
| NAV as on 28th February, 2023 | ₹ 92.957 | |||
| Index Value (28th February, 2023) | Index Value of Scheme benchmark is 12,182.51 and S&P BSE Sensex (TRI) is 89,281.77 |
|||
| 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
| Volatility | 22.48% |
| Beta: | 0.92 |
| R Squared | 0.98 |
| Sharpe Ratio#: | 0.53 |
| Information Ratio | -0.32 |
| Portfolio Turnover Ratio | 0.54 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 28th February, 2023.^Basis last rolling 12 months. |
|
| New Positions Bought |
| Stock |
| Agricultural, Commercial & Construction Vehicles |
| Ashok Leyland Limited |
| Leisure Services |
| The Indian Hotels Company Limited |
| Positions Increased |
| Stock |
| Automobiles |
| Tata Motors Limited |
| Banks |
| Axis Bank Limited |
| ICICI Bank Limited |
| The Federal Bank Limited |
| Construction |
| Larsen & Toubro Limited |
| Consumer Durables |
| Bata India Limited |
| Titan Company Limited |
| Diversified FMCG |
| ITC Limited |
| Gas |
| Indraprastha Gas Limited |
| Healthcare Services |
| Apollo Hospitals Enterprise Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| IT - Software |
| HCL Technologies Limited |
| Tata Consultancy Services Limited |
| Leisure Services |
| Sapphire Foods India Limited |
| Personal Products |
| Dabur India Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Pharmaceuticals & Biotechnology |
| Gland Pharma Limited |
| Sun Pharmaceutical Industries Limited |
| Power |
| NTPC Limited |
| Realty |
| Prestige Estates Projects Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Transport Services |
| Delhivery Limited |
| Positions Decreased |
| Stock |
| Auto Components |
| Balkrishna Industries Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| Capital Markets |
| UTI Asset Management Company Limited |
| Cement & Cement Products |
| Nuvoco Vistas Corporation Limited |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Insurance |
| Max Financial Services Limited |
| IT - Software |
| Infosys Limited |
| MphasiS Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Pharmaceuticals & Biotechnology |
| IPCA Laboratories Limited |
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.
| Period | Total Amount Invested | Mkt Value as on 28-February-2023 |
SIP |
1,510,000 |
5,700,467 |
10 Yrs |
1,200,000 |
3,157,384 |
7 Yrs |
840,000 |
1,438,065 |
5 Yrs |
600,000 |
875,870 |
3 Yrs |
360,000 |
442,591 |
1 Yr |
120,000 |
118,402 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
19.49 |
18.41 |
15.11 |
15.15 |
13.93 |
-2.48 |
Benchmark Return& (%) |
14.34 |
14.51 |
13.99 |
14.93 |
16.42 |
-0.63 |
Add. Benchmark Return& (%) |
12.76 |
13.08 |
13.74 |
13.78 |
14.85 |
3.93 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| 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