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 July 31, 2023 |
27,225.57 |
| Net AUM ( ₹ Cr.) | 27,948.25 |
Monthly Total Expense Ratio (Including Statutory Levies) as on July 31, 2023 |
Regular Plan: 1.60% Direct Plan: 0.66% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 120.824 | ₹ 109.347 |
| IDCW | ₹ 66.123 | ₹ 39.227 |
| New Position Bought |
| Stock |
| Auto Components |
| Motherson Sumi Wiring India Limited |
| Healthcare Services |
| Fortis Healthcare Limited |
| Positions Increased |
| Stock |
| Automobiles |
| Maruti Suzuki India Limited |
| Banks |
| HDFC Bank Limited |
| ICICI Bank Limited |
| The Federal Bank Limited |
| Beverages |
| United Spirits Limited |
| Capital Markets |
| HDFC Asset Management Company Limited |
| Chemicals & Petrochemicals |
| Atul Limited |
| Vinati Organics Limited |
| Consumer Durables |
| Bata India Limited |
| Crompton Greaves Consumer Electricals Limited |
| Finance |
| LIC Housing Finance Limited |
| SBI Cards and Payment Services Limited |
| Gas |
| Indraprastha Gas Limited |
| Industrial Products |
| Prince Pipes And Fittings Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| IT - Software |
| Coforge Limited |
| HCL Technologies Limited |
| LTIMindtree Limited |
| Non - Ferrous Metals |
| National Aluminium Company Limited |
| Pharmaceuticals & Biotechnology |
| Gland Pharma Limited |
| IPCA Laboratories Limited |
| Lupin Limited |
| Realty |
| Prestige Estates Projects Limited |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Zomato Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Agricultural, Commercial & Construction Vehicles |
| Ashok Leyland Limited |
| Auto Components |
| CEAT Limited |
| Sona BLW Precision Forgings Limited |
| Automobiles |
| Tata Motors Limited |
| Banks |
| Axis Bank Limited |
| Kotak Mahindra Bank Limited |
| Cement & Cement Products |
| Nuvoco Vistas Corporation Limited |
| Construction |
| Larsen & Toubro Limited |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Finance |
| Shriram Finance Limited |
| Financial Technology (Fintech) |
| PB Fintech Limited |
| Healthcare Services |
| Apollo Hospitals Enterprise Limited |
| Krishna Institute Of Medical Sciences Limited |
| Industrial Products |
| Bharat Forge Limited |
| SKF India Limited |
| IT - Software |
| MphasiS Limited |
| Tata Consultancy Services Limited |
| Personal Products |
| Dabur India Limited |
| Emami Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Pharmaceuticals & Biotechnology |
| Biocon Limited |
| Sun Pharmaceutical Industries Limited |
| Torrent Pharmaceuticals Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Limited | 6.61% |
| ICICI Bank Limited | 4.89% |
| State Bank of India | 4.09% |
| Axis Bank Limited | 2.97% |
| Kotak Mahindra Bank Limited | 1.53% |
| The Federal Bank Limited | 1.52% |
| IT - Software | |
| Infosys Limited | 2.16% |
| HCL Technologies Limited | 1.97% |
| LTIMindtree Limited | 1.19% |
| Coforge Limited | 1.13% |
| Tata Consultancy Services Limited | 0.82% |
| MphasiS Limited | 0.30% |
| Pharmaceuticals & Biotechnology | |
| Gland Pharma Limited | 1.45% |
| Lupin Limited | 1.24% |
| Sun Pharmaceutical Industries Limited | 1.09% |
| Aurobindo Pharma Limited | 1.08% |
| Natco Pharma Limited | 0.86% |
| IPCA Laboratories Limited | 0.56% |
| Biocon Limited | 0.28% |
| Torrent Pharmaceuticals Limited | 0.06% |
| Industrial Products | |
| SKF India Limited | 2.44% |
| Bharat Forge Limited | 2.42% |
| Prince Pipes And Fittings Limited | 1.05% |
| Finance | |
| Shriram Finance Limited | 1.40% |
| Power Finance Corporation Limited | 1.18% |
| SBI Cards and Payment Services Limited | 1.10% |
| LIC Housing Finance Limited | 0.74% |
| Reliance Strategic Investments Limited | 0.36% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Limited | 1.93% |
| Bata India Limited | 1.65% |
| Kajaria Ceramics Limited | 0.64% |
| Voltas Limited | 0.29% |
| Titan Company Limited | 0.05% |
| Petroleum Products | |
| Reliance Industries Limited | 3.75% |
| Telecom - Services | |
| Tata Communications Limited | 1.70% |
| Bharti Airtel Limited | 1.49% |
| Automobiles | |
| Tata Motors Limited | 1.50% |
| TVS Motor Company Limited | 0.80% |
| Maruti Suzuki India Limited | 0.73% |
| Insurance | |
| Max Financial Services Limited | 1.49% |
| SBI Life Insurance Company Limited | 1.49% |
| Gas | |
| Gujarat State Petronet Limited | 1.89% |
| Indraprastha Gas Limited | 0.99% |
| Chemicals & Petrochemicals | |
| Vinati Organics Limited | 1.11% |
| Atul Limited | 0.92% |
| Chemplast Sanmar Limited | 0.58% |
| Construction | |
| Larsen & Toubro Limited | 2.35% |
| Cement & Cement Products | |
| JK Cement Limited | 1.99% |
| Nuvoco Vistas Corporation Limited | 0.36% |
| Retailing | |
| Zomato Limited | 1.23% |
| FSN E-Commerce Ventures Limited | 1.10% |
| Power | |
| NTPC Limited | 2.21% |
| Transport Services | |
| Delhivery Limited | 1.51% |
| Gateway Distriparks Limited | 0.70% |
| Auto Components | |
| CEAT Limited | 1.24% |
| Sona BLW Precision Forgings Limited | 0.52% |
| Motherson Sumi Wiring India Limited | 0.24% |
| Healthcare Services | |
| Krishna Institute Of Medical Sciences Limited | 0.75% |
| Fortis Healthcare Limited | 0.56% |
| Apollo Hospitals Enterprise Limited | 0.49% |
| Capital Markets | |
| Indian Energy Exchange Limited | 0.96% |
| HDFC Asset Management Company Limited | 0.61% |
| Ferrous Metals | |
| Tata Steel Limited | 1.41% |
| Diversified FMCG | |
| ITC Limited | 0.97% |
| Hindustan Unilever Limited | 0.30% |
| Fertilizers & Agrochemicals | |
| Bayer Cropscience Limited | 1.12% |
| Personal Products | |
| Emami Limited | 1.00% |
| Dabur India Limited | 0.10% |
| Leisure Services | |
| Sapphire Foods India Limited | 0.63% |
| The Indian Hotels Company Limited | 0.40% |
| Realty | |
| Prestige Estates Projects Limited | 0.98% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 0.72% |
| Beverages | |
| United Spirits Limited | 0.69% |
| Minerals & Mining | |
| NMDC Limited | 0.54% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.50% |
| Aerospace & Defense | |
| Bharat Electronics Limited | 0.50% |
| Agricultural, Commercial & Construction Vehicles | |
| Ashok Leyland Limited | 0.20% |
| Textiles & Apparels | |
| Page Industries Limited | 0.16% |
| Equity Holding Total | 96.52% |
| Cash & Other Receivables | 3.48% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAEBF | 15.80% | 25.79% | 16.88% | 20.09% |
| Scheme Benchmark* | 20.49% | 28.53% | 14.85% | 13.61% |
| Additional Benchmark** | 16.93% | 22.38% | 13.42% | 12.11% |
| NAV as on 31st July, 2023 | ₹ 109.347 | |||
| Index Value (31st July, 2023) | Index Value of Scheme benchmark is 14,622.00 and S&P BSE Sensex (TRI) is 1,01,480.37 |
|||
| 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 31-July-2023 |
SIP |
15,60,000 | 67,61,746 |
10 Yrs |
12,00,000 | 33,50,376 |
7 Yrs |
8,40,000 | 15,70,424 |
5 Yrs |
6,00,000 | 9,74,724 |
3 Yrs |
3,60,000 | 4,63,315 |
1 Yr |
1,20,000 | 1,35,844 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
20.67 | 19.50 | 17.57 | 19.51 | 17.12 | 25.49 |
Benchmark Return& (%) |
16.06 | 16.66 | 17.37 | 20.50 | 20.59 | 28.08 |
Add. Benchmark Return& (%) |
13.83 | 14.45 | 15.70 | 16.89 | 16.50 | 21.01 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 13.62% |
| Beta: | 0.87 |
| R Squared | 0.95 |
| Sharpe Ratio#: | 1.39 |
| Information Ratio | -0.80 |
| Portfolio Turnover Ratio | 0.51 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 31st July, 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.
| Regular Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
28-Jul-23 |
3.50 |
10.00 |
41.930 |
| Direct Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
28-Jul-23 |
5.80 |
10.00 |
70.570 |
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 & Direct Plan - IDCW Option