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 29, 2023 |
29,130.84 |
| Net AUM ( ₹ Cr.) | 29,024.00 |
Monthly Total Expense Ratio (Including Statutory Levies) as on September 29, 2023 |
Regular Plan: 1.60% Direct Plan: 0.67% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 124.962 | ₹ 112.920 |
| IDCW | ₹ 68.387 | ₹ 40.508 |
| New Position Bought |
| Stock |
| Cement & Cement Products |
| Grasim Industries Limited |
| Fertilizers & Agrochemicals |
| UPL Limited |
| Retailing |
| Avenue Supermarts Limited |
| Positions Increased |
| Stock |
| Automobiles |
| Eicher Motors Limited |
| Banks |
| HDFC Bank Limited |
| Capital Markets |
| HDFC Asset Management Company Limited |
| Cement & Cement Products |
| ACC Limited |
| Chemicals & Petrochemicals |
| SRF Limited |
| Consumer Durables |
| Bata India Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| Finance |
| LIC Housing Finance Limited |
| SBI Cards and Payment Services Limited |
| Gas |
| Gujarat State Petronet Limited |
| Healthcare Services |
| Fortis Healthcare Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| IT - Software |
| Coforge Limited |
| HCL Technologies Limited |
| Wipro Limited |
| Non - Ferrous Metals |
| National Aluminium Company Limited |
| Personal Products |
| Dabur India Limited |
| Pharmaceuticals & Biotechnology |
| Lupin Limited |
| Retailing |
| Zomato Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Textiles & Apparels |
| Page Industries Limited |
| Transport Services |
| InterGlobe Aviation Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| Tata Motors Limited |
| Banks |
| Axis Bank Limited |
| ICICI Bank Limited |
| State Bank of India |
| Beverages |
| United Spirits Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Cement & Cement Products |
| JK Cement Limited |
| Chemicals & Petrochemicals |
| Vinati Organics Limited |
| Construction |
| Larsen & Toubro Limited |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Finance |
| Jio Financial Services Limited |
| Power Finance Corporation Limited |
| Shriram Finance Limited |
| Healthcare Services |
| Apollo Hospitals Enterprise Limited |
| Krishna Institute Of Medical Sciences Limited |
| Industrial Products |
| Bharat Forge Limited |
| SKF India Limited |
| IT - Software |
| Infosys Limited |
| Leisure Services |
| Sapphire Foods India Limited |
| Pharmaceuticals & Biotechnology |
| IPCA Laboratories Limited |
| Natco Pharma Limited |
| Power |
| NTPC Limited |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Telecom - Services |
| Tata Communications Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Limited | 6.78% |
| ICICI Bank Limited | 4.29% |
| State Bank of India | 3.99% |
| Axis Bank Limited | 2.96% |
| Kotak Mahindra Bank Limited | 1.76% |
| The Federal Bank Limited | 1.59% |
| IT - Software | |
| HCL Technologies Limited | 2.19% |
| Infosys Limited | 2.15% |
| Coforge Limited | 1.24% |
| LTIMindtree Limited | 1.22% |
| Wipro Limited | 1.20% |
| Tata Consultancy Services Limited | 0.10% |
| Pharmaceuticals & Biotechnology | |
| Gland Pharma Limited | 1.79% |
| Lupin Limited | 1.58% |
| Aurobindo Pharma Limited | 1.23% |
| Sun Pharmaceutical Industries Limited | 1.06% |
| IPCA Laboratories Limited | 0.84% |
| Natco Pharma Limited | 0.79% |
| Torrent Pharmaceuticals Limited | 0.05% |
| Industrial Products | |
| SKF India Limited | 2.00% |
| Bharat Forge Limited | 1.94% |
| Prince Pipes And Fittings Limited | 1.08% |
| Finance | |
| SBI Cards and Payment Services Limited | 1.40% |
| LIC Housing Finance Limited | 1.14% |
| Power Finance Corporation Limited | 1.01% |
| Shriram Finance Limited | 0.92% |
| Jio Financial Services Limited | 0.01% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Limited | 2.00% |
| Bata India Limited | 1.66% |
| Kajaria Ceramics Limited | 0.52% |
| Titan Company Limited | 0.05% |
| Telecom - Services | |
| Bharti Airtel Limited | 2.23% |
| Tata Communications Limited | 1.22% |
| Chemicals & Petrochemicals | |
| Vinati Organics Limited | 0.95% |
| Atul Limited | 0.92% |
| SRF Limited | 0.83% |
| Chemplast Sanmar Limited | 0.61% |
| Cement & Cement Products | |
| JK Cement Limited | 1.83% |
| ACC Limited | 0.98% |
| Grasim Industries Limited | 0.39% |
| Insurance | |
| SBI Life Insurance Company Limited | 1.70% |
| Max Financial Services Limited | 1.49% |
| Automobiles | |
| Eicher Motors Limited | 0.97% |
| Tata Motors Limited | 0.86% |
| Mahindra & Mahindra Limited | 0.68% |
| Maruti Suzuki India Limited | 0.57% |
| Retailing | |
| Zomato Limited | 1.55% |
| FSN E-Commerce Ventures Limited | 1.18% |
| Avenue Supermarts Limited | 0.24% |
| Gas | |
| Gujarat State Petronet Limited | 1.82% |
| Indraprastha Gas Limited | 1.09% |
| Transport Services | |
| Delhivery Limited | 1.39% |
| Gateway Distriparks Limited | 0.75% |
| InterGlobe Aviation Limited | 0.67% |
| Petroleum Products | |
| Reliance Industries Limited | 2.46% |
| Construction | |
| Larsen & Toubro Limited | 2.33% |
| Power | |
| NTPC Limited | 2.17% |
| Capital Markets | |
| HDFC Asset Management Company Limited | 1.12% |
| Indian Energy Exchange Limited | 0.96% |
| Personal Products | |
| Emami Limited | 1.12% |
| Dabur India Limited | 0.80% |
| Auto Components | |
| CEAT Limited | 1.13% |
| Motherson Sumi Wiring India Limited | 0.63% |
| Sona BLW Precision Forgings Limited | 0.09% |
| Fertilizers & Agrochemicals | |
| Bayer Cropscience Limited | 1.30% |
| UPL Limited | 0.35% |
| Diversified FMCG | |
| ITC Limited | 0.89% |
| Hindustan Unilever Limited | 0.69% |
| Healthcare Services | |
| Fortis Healthcare Limited | 0.75% |
| Krishna Institute Of Medical Sciences Limited | 0.54% |
| Apollo Hospitals Enterprise Limited | 0.23% |
| Ferrous Metals | |
| Tata Steel Limited | 1.43% |
| Realty | |
| Prestige Estates Projects Limited | 0.95% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 0.72% |
| Non - Ferrous Metals | |
| National Aluminium Company Limited | 0.66% |
| Minerals & Mining | |
| NMDC Limited | 0.65% |
| Textiles & Apparels | |
| Page Industries Limited | 0.64% |
| Beverages | |
| United Spirits Limited | 0.60% |
| Leisure Services | |
| Sapphire Foods India Limited | 0.56% |
| Aerospace & Defense | |
| Bharat Electronics Limited | 0.10% |
| Equity Holding Total | 99.31% |
| Cash & Other Receivables | 0.69% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAEBF | 20.42% | 24.92% | 18.69% | 20.11% |
| Scheme Benchmark* | 21.94% | 27.49% | 17.12% | 13.74% |
| Additional Benchmark** | 16.15% | 21.49% | 14.05% | 11.88% |
| NAV as on 29th September, 2023 | ₹ 112.920 | |||
| Index Value (29th September, 2023) | Index Value of Scheme benchmark is 15,134.76 and S&P BSE Sensex (TRI) is 1,00,641.85 |
|||
| 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 29-September-2023 |
SIP |
15,80,000 | 70,03,084 |
10 Yrs |
12,00,000 | 32,91,259 |
7 Yrs |
8,40,000 | 15,79,905 |
5 Yrs |
6,00,000 | 9,82,905 |
3 Yrs |
3,60,000 | 4,58,804 |
1 Yr |
1,20,000 | 1,37,146 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
20.69 | 19.18 | 17.75 | 19.87 | 16.45 | 27.79 |
Benchmark Return& (%) |
16.19 | 16.71 | 17.72 | 21.13 | 19.84 | 30.08 |
Add. Benchmark Return& (%) |
13.43 | 13.86 | 14.88 | 15.80 | 13.42 | 14.63 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 13.42% |
| Beta: | 0.86 |
| R Squared | 0.95 |
| Sharpe Ratio#: | 1.34 |
| Information Ratio | -0.76 |
| 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 29th September, 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