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 ₹25,000/- through Monthly frequency cumulatively aggregated across all available SIP Dates of each month before the cut off time of 15:00 hours on any business day. SIP shall not be available through Quarterly frequency under the scheme and remains suspended. The limit of ₹25,000/- through SIP route (monthly frequency) shall be aggregated and applicable at primary holder PAN level for each new application received. For further details please refer to notice-cum-addendum no. 49/2023 |
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, 2023 |
29,226.63 |
| Net AUM ( ₹ Cr.) | 30,284.45 |
Monthly Total Expense Ratio (Including Statutory Levies) as on November 30, 2023 |
Regular Plan: 1.58% Direct Plan: 0.62% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 129.477 | ₹ 116.812 |
| IDCW | ₹ 70.858 | ₹ 41.904 |
| New Position Bought |
| Stock |
| Consumable Fuels |
| Coal India Limited |
| Positions Increased |
| Stock |
| Auto Components |
| Motherson Sumi Wiring India Limited |
| Sona BLW Precision Forgings Limited |
| Automobiles |
| Eicher Motors Limited |
| Mahindra & Mahindra Limited |
| Banks |
| State Bank of India |
| Chemicals & Petrochemicals |
| SRF Limited |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Diversified FMCG |
| ITC Limited |
| Financial Technology (Fintech) |
| PB Fintech Limited |
| Healthcare Services |
| Fortis Healthcare Limited |
| IT - Software |
| HCL Technologies Limited |
| Minerals & Mining |
| NMDC Limited |
| Personal Products |
| Dabur India Limited |
| Transport Services |
| Delhivery Limited |
| Positions Decreased |
| Stock |
| Automobiles |
| Tata Motors Limited |
| Banks |
| ICICI Bank Limited |
| Beverages |
| United Spirits Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Cement & Cement Products |
| JK Cement Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Industrial Products |
| Bharat Forge Limited |
| SKF India Limited |
| Insurance |
| Max Financial Services Limited |
| SBI Life Insurance Company Limited |
| IT - Software |
| LTIMindtree Limited |
| Personal Products |
| Emami Limited |
| Pharmaceuticals & Biotechnology |
| Gland Pharma Limited |
| IPCA Laboratories Limited |
| Lupin Limited |
| Sun Pharmaceutical Industries Limited |
| Realty |
| Prestige Estates Projects Limited |
| Retailing |
| Zomato Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Limited | 6.61% |
| State Bank of India | 3.91% |
| ICICI Bank Limited | 3.67% |
| Axis Bank Limited | 2.94% |
| Kotak Mahindra Bank Limited | 1.71% |
| The Federal Bank Limited | 1.52% |
| IT - Software | |
| HCL Technologies Limited | 2.20% |
| Infosys Limited | 2.09% |
| Coforge Limited | 1.40% |
| Wipro Limited | 1.29% |
| LTIMindtree Limited | 1.11% |
| Tata Consultancy Services Limited | 0.05% |
| Pharmaceuticals & Biotechnology | |
| Gland Pharma Limited | 1.79% |
| Lupin Limited | 1.63% |
| Aurobindo Pharma Limited | 1.34% |
| Sun Pharmaceutical Industries Limited | 0.75% |
| Natco Pharma Limited | 0.68% |
| IPCA Laboratories Limited | 0.54% |
| Torrent Pharmaceuticals Limited | 0.01% |
| Finance | |
| SBI Cards and Payment Services Limited | 1.25% |
| LIC Housing Finance Limited | 1.16% |
| Power Finance Corporation Limited | 1.13% |
| Shriram Finance Limited | 1.01% |
| Jio Financial Services Limited | 0.01% |
| Industrial Products | |
| Bharat Forge Limited | 1.64% |
| SKF India Limited | 1.59% |
| Prince Pipes and Fittings Limited | 1.02% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Limited | 1.76% |
| Bata India Limited | 1.65% |
| Kajaria Ceramics Limited | 0.57% |
| Titan Company Limited | 0.05% |
| Cement & Cement Products | |
| JK Cement Limited | 1.93% |
| ACC Limited | 0.98% |
| Grasim Industries Limited | 0.61% |
| Chemicals & Petrochemicals | |
| SRF Limited | 0.95% |
| Vinati Organics Limited | 0.83% |
| Atul Limited | 0.82% |
| Chemplast Sanmar Limited | 0.57% |
| Telecom - Services | |
| Bharti Airtel Limited | 1.99% |
| Tata Communications Limited | 1.17% |
| Transport Services | |
| Delhivery Limited | 1.45% |
| InterGlobe Aviation Limited | 0.85% |
| Gateway Distriparks Limited | 0.85% |
| Insurance | |
| SBI Life Insurance Company Limited | 1.74% |
| Max Financial Services Limited | 1.38% |
| Petroleum Products | |
| Reliance Industries Limited | 2.82% |
| Automobiles | |
| Eicher Motors Limited | 1.08% |
| Mahindra & Mahindra Limited | 1.04% |
| Tata Motors Limited | 0.63% |
| Maruti Suzuki India Limited | 0.05% |
| Retailing | |
| FSN E-Commerce Ventures Limited | 1.35% |
| Zomato Limited | 1.16% |
| Avenue Supermarts Limited | 0.26% |
| Construction | |
| Larsen & Toubro Limited | 2.71% |
| Gas | |
| Gujarat State Petronet Limited | 1.78% |
| Indraprastha Gas Limited | 0.84% |
| Power | |
| NTPC Limited | 2.40% |
| Capital Markets | |
| HDFC Asset Management Company Limited | 1.44% |
| Indian Energy Exchange Limited | 0.74% |
| Auto Components | |
| CEAT Limited | 1.07% |
| Motherson Sumi Wiring India Limited | 0.67% |
| Sona BLW Precision Forgings Limited | 0.20% |
| Personal Products | |
| Dabur India Limited | 1.14% |
| Emami Limited | 0.79% |
| Fertilizers & Agrochemicals | |
| Bayer Cropscience Limited | 1.25% |
| UPL Limited | 0.38% |
| Healthcare Services | |
| Fortis Healthcare Limited | 0.97% |
| Krishna Institute Of Medical Sciences Limited | 0.51% |
| Apollo Hospitals Enterprise Limited | 0.05% |
| Realty | |
| Prestige Estates Projects Limited | 1.47% |
| Ferrous Metals | |
| Tata Steel Limited | 1.46% |
| Diversified FMCG | |
| ITC Limited | 0.94% |
| Hindustan Unilever Limited | 0.43% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 1.19% |
| Minerals & Mining | |
| NMDC Limited | 1.05% |
| Textiles & Apparels | |
| Page Industries Limited | 0.75% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.60% |
| Beverages | |
| United Spirits Limited | 0.59% |
| Leisure Services | |
| Sapphire Foods India Limited | 0.50% |
| Consumable Fuels | |
| Coal India Limited | 0.37% |
| Aerospace & Defense | |
| Bharat Electronics Limited | 0.05% |
| Equity Holding Total | 98.93% |
| Cash & Other Receivables | 1.07% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAEBF | 17.32% | 20.68% | 18.74% | 20.13% |
| Scheme Benchmark* | 19.92% | 23.41% | 18.01% | 13.92% |
| Additional Benchmark** | 7.59% | 16.32% | 14.46% | 11.88% |
| NAV as on 30th November, 2023 | ₹ 116.812 | |||
| Index Value ( 30th November, 2023) | Index Value of Scheme benchmark is 15,809.43 and S&P BSE Sensex (TRI) is 1,02,618.94 |
|||
| 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.
Latest available NAV has been taken for return calculation wherever applicable
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 30-November-2023 |
SIP |
16,00,000 | 72,65,612 |
10 Yrs |
12,00,000 | 32,47,673 |
7 Yrs |
8,40,000 | 15,95,414 |
5 Yrs |
6,00,000 | 9,89,269 |
3 Yrs |
3,60,000 | 4,56,363 |
1 Yr |
1,20,000 | 1,38,354 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
20.71 | 18.92 | 18.01 | 20.11 | 16.04 | 29.63 |
Benchmark Return& (%) |
16.43 | 16.96 | 18.32 | 21.92 | 19.81 | 33.80 |
Add. Benchmark Return& (%) |
13.40 | 13.81 | 14.80 | 15.69 | 12.43 | 14.92 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 12.91% |
| Beta: | 0.87 |
| R Squared | 0.95 |
| Sharpe Ratio#: | 1.07 |
| Information Ratio | -0.84 |
| 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 30th November, 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) |
07-Feb-23 |
3.50 |
10.00 |
40.450 |
28-Jul-23 |
3.50 |
10.00 |
41.930 |
| Direct Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
07-Feb-23 |
6.00 |
10.00 |
67.910 |
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