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 October 31, 2023 |
28,778.40 |
| Net AUM ( ₹ Cr.) | 28,103.78 |
Monthly Total Expense Ratio (Including Statutory Levies) as on October 31, 2023 |
Regular Plan: 1.59% Direct Plan: 0.64% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 120.600 | ₹ 108.888 |
| IDCW | ₹ 66.000 | ₹ 39.062 |
| Positions Increased |
| Stock |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Automobiles |
| Mahindra & Mahindra Limited |
| Banks |
| State Bank of India |
| Capital Markets |
| HDFC Asset Management Company Limited |
| Cement & Cement Products |
| ACC Limited |
| Grasim Industries Limited |
| Construction |
| Larsen & Toubro Limited |
| Consumer Durables |
| Bata India Limited |
| Kajaria Ceramics Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Fertilizers & Agrochemicals |
| UPL Limited |
| Finance |
| Shriram Finance Limited |
| Financial Technology (Fintech) |
| PB Fintech Limited |
| IT - Software |
| Coforge Limited |
| Wipro Limited |
| Minerals & Mining |
| NMDC Limited |
| Personal Products |
| Dabur India Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Pharmaceuticals & Biotechnology |
| Gland Pharma Limited |
| Lupin Limited |
| Power |
| NTPC Limited |
| Retailing |
| Avenue Supermarts Limited |
| FSN E-Commerce Ventures Limited |
| Telecom - Services |
| Tata Communications Limited |
| Textiles & Apparels |
| Page Industries Limited |
| Transport Services |
| InterGlobe Aviation Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| Tata Motors Limited |
| Banks |
| HDFC Bank Limited |
| ICICI Bank Limited |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| Finance |
| Power Finance Corporation Limited |
| Gas |
| Indraprastha Gas Limited |
| Healthcare Services |
| Apollo Hospitals Enterprise Limited |
| Industrial Products |
| SKF India Limited |
| Insurance |
| Max Financial Services Limited |
| IT - Software |
| HCL Technologies Limited |
| Tata Consultancy Services Limited |
| Leisure Services |
| Sapphire Foods India Limited |
| Personal Products |
| Emami Limited |
| Pharmaceuticals & Biotechnology |
| IPCA Laboratories Limited |
| Sun Pharmaceutical Industries Limited |
| Torrent Pharmaceuticals Limited |
| Retailing |
| Zomato Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Limited | 6.74% |
| State Bank of India | 4.09% |
| ICICI Bank Limited | 3.98% |
| Axis Bank Limited | 2.89% |
| Kotak Mahindra Bank Limited | 1.82% |
| The Federal Bank Limited | 1.57% |
| IT - Software | |
| HCL Technologies Limited | 2.18% |
| Infosys Limited | 2.12% |
| Coforge Limited | 1.30% |
| Wipro Limited | 1.29% |
| LTIMindtree Limited | 1.22% |
| Tata Consultancy Services Limited | 0.05% |
| Pharmaceuticals & Biotechnology | |
| Gland Pharma Limited | 1.80% |
| Lupin Limited | 1.63% |
| Aurobindo Pharma Limited | 1.18% |
| Sun Pharmaceutical Industries Limited | 0.86% |
| Natco Pharma Limited | 0.74% |
| IPCA Laboratories Limited | 0.52% |
| Torrent Pharmaceuticals Limited | 0.01% |
| Industrial Products | |
| SKF India Limited | 1.97% |
| Bharat Forge Limited | 1.88% |
| Prince Pipes And Fittings Limited | 1.00% |
| Finance | |
| SBI Cards and Payment Services Limited | 1.36% |
| LIC Housing Finance Limited | 1.17% |
| Shriram Finance Limited | 1.01% |
| Power Finance Corporation Limited | 0.90% |
| Jio Financial Services Limited | 0.01% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Limited | 1.88% |
| Bata India Limited | 1.72% |
| Kajaria Ceramics Limited | 0.55% |
| Titan Company Limited | 0.05% |
| Cement & Cement Products | |
| JK Cement Limited | 1.88% |
| ACC Limited | 1.06% |
| Grasim Industries Limited | 0.62% |
| Insurance | |
| SBI Life Insurance Company Limited | 1.84% |
| Max Financial Services Limited | 1.48% |
| Telecom - Services | |
| Bharti Airtel Limited | 2.04% |
| Tata Communications Limited | 1.22% |
| Chemicals & Petrochemicals | |
| Vinati Organics Limited | 0.91% |
| Atul Limited | 0.84% |
| SRF Limited | 0.83% |
| Chemplast Sanmar Limited | 0.58% |
| Transport Services | |
| Delhivery Limited | 1.44% |
| InterGlobe Aviation Limited | 0.83% |
| Gateway Distriparks Limited | 0.78% |
| Petroleum Products | |
| Reliance Industries Limited | 2.93% |
| Construction | |
| Larsen & Toubro Limited | 2.75% |
| Automobiles | |
| Eicher Motors Limited | 0.96% |
| Mahindra & Mahindra Limited | 0.94% |
| Tata Motors Limited | 0.73% |
| Maruti Suzuki India Limited | 0.05% |
| Gas | |
| Gujarat State Petronet Limited | 1.78% |
| Indraprastha Gas Limited | 0.89% |
| Retailing | |
| Zomato Limited | 1.16% |
| FSN E-Commerce Ventures Limited | 1.15% |
| Avenue Supermarts Limited | 0.26% |
| Capital Markets | |
| HDFC Asset Management Company Limited | 1.43% |
| Indian Energy Exchange Limited | 0.94% |
| Power | |
| NTPC Limited | 2.33% |
| Personal Products | |
| Emami Limited | 1.07% |
| Dabur India Limited | 1.00% |
| Auto Components | |
| CEAT Limited | 1.16% |
| Motherson Sumi Wiring India Limited | 0.60% |
| Sona BLW Precision Forgings Limited | 0.18% |
| Fertilizers & Agrochemicals | |
| Bayer Cropscience Limited | 1.24% |
| UPL Limited | 0.38% |
| Ferrous Metals | |
| Tata Steel Limited | 1.46% |
| Diversified FMCG | |
| ITC Limited | 0.88% |
| Hindustan Unilever Limited | 0.45% |
| Healthcare Services | |
| Fortis Healthcare Limited | 0.74% |
| Krishna Institute Of Medical Sciences Limited | 0.54% |
| Apollo Hospitals Enterprise Limited | 0.05% |
| Realty | |
| Prestige Estates Projects Limited | 1.24% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 0.98% |
| Minerals & Mining | |
| NMDC Limited | 0.88% |
| Textiles & Apparels | |
| Page Industries Limited | 0.82% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.65% |
| Beverages | |
| United Spirits Limited | 0.64% |
| Leisure Services | |
| Sapphire Foods India Limited | 0.50% |
| Aerospace & Defense | |
| Bharat Electronics Limited | 0.05% |
| Equity Holding Total | 99.66% |
| Cash & Other Receivables | 0.34% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAEBF | 13.28% | 22.30% | 17.89% | 19.64% |
| Scheme Benchmark* | 14.25% | 25.36% | 17.03% | 13.36% |
| Additional Benchmark** | 6.54% | 18.67% | 14.51% | 11.55% |
| NAV as on 31st October, 2023 | ₹ 108.888 | |||
| Index Value (31st October, 2023) | Index Value of Scheme benchmark is 14,645.18 and S&P BSE Sensex (TRI) is 97,769.99 |
|||
| 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 31-October-2023 |
SIP |
15,90,000 | 67,62,675 |
10 Yrs |
12,00,000 | 30,96,457 |
7 Yrs |
8,40,000 | 15,04,825 |
5 Yrs |
6,00,000 | 9,34,754 |
3 Yrs |
3,60,000 | 4,33,468 |
1 Yr |
1,20,000 | 1,30,155 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
19.99 | 18.03 | 16.36 | 17.78 | 12.45 | 16.07 |
Benchmark Return& (%) |
15.58 | 15.8 | 16.47 | 19.26 | 15.89 | 18.68 |
Add. Benchmark Return& (%) |
12.89 | 13.10 | 13.75 | 14.18 | 10.19 | 6.00 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 13.79% |
| Beta: | 0.87 |
| R Squared | 0.96 |
| Sharpe Ratio#: | 1.12 |
| Information Ratio | -0.92 |
| Portfolio Turnover Ratio | 0.55 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 October, 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