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 August 31, 2023 |
27,985.49 |
| Net AUM ( ₹ Cr.) | 28,439.28 |
Monthly Total Expense Ratio (Including Statutory Levies) as on August 31, 2023 |
Regular Plan: 1.60% Direct Plan: 0.67% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 122.680 | ₹ 110.939 |
| IDCW | ₹ 67.139 | ₹ 39.798 |
| New Position Bought |
| Stock |
| Automobiles |
| Eicher Motors Limited |
| Mahindra & Mahindra Limited |
| Cement & Cement Products |
| ACC Limited |
| Chemicals & Petrochemicals |
| SRF Limited |
| Finance |
| Jio Financial Services Limited |
| IT - Software |
| Wipro Limited |
| Transport Services |
| InterGlobe Aviation Limited |
| Positions Increased |
| Stock |
| Auto Components |
| CEAT Limited |
| Motherson Sumi Wiring India Limited |
| Automobiles |
| Maruti Suzuki India Limited |
| Banks |
| HDFC Bank Limited |
| Kotak Mahindra Bank Limited |
| State Bank of India |
| Capital Markets |
| HDFC Asset Management Company Limited |
| Indian Energy Exchange Limited |
| Consumer Durables |
| Bata India Limited |
| Crompton Greaves Consumer Electricals Limited |
| Diversified FMCG |
| Hindustan Unilever Limited |
| Finance |
| LIC Housing Finance Limited |
| SBI Cards and Payment Services Limited |
| Gas |
| Indraprastha Gas Limited |
| Healthcare Services |
| Fortis Healthcare Limited |
| Insurance |
| SBI Life Insurance Company Limited |
| IT - Software |
| HCL Technologies Limited |
| Non - Ferrous Metals |
| National Aluminium Company Limited |
| Personal Products |
| Dabur India Limited |
| Pharmaceuticals & Biotechnology |
| Aurobindo Pharma Limited |
| IPCA Laboratories Limited |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Zomato Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Automobiles |
| Tata Motors Limited |
| TVS Motor Company Limited |
| Consumer Durables |
| Kajaria Ceramics Limited |
| Finance |
| Shriram Finance Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Industrial Products |
| Bharat Forge Limited |
| SKF India Limited |
| Insurance |
| Max Financial Services Limited |
| IT - Software |
| Tata Consultancy Services Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Pharmaceuticals & Biotechnology |
| Natco Pharma Limited |
| Power |
| NTPC Limited |
| Realty |
| Prestige Estates Projects Limited |
| Telecom - Services |
| Tata Communications Limited |
| Transport Services |
| Delhivery Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 6.81% |
| ICICI Bank Ltd | 4.61% |
| State Bank of India | 3.92% |
| Axis Bank Ltd | 2.98% |
| Kotak Mahindra Bank Ltd | 1.82% |
| The Federal Bank Ltd | 1.59% |
| IT - Software | |
| Infosys Ltd | 2.25% |
| HCL Technologies Ltd | 2.09% |
| Coforge Ltd | 1.29% |
| LTIMindtree Ltd | 1.24% |
| Wipro Ltd | 1.04% |
| Tata Consultancy Services Ltd | 0.10% |
| Pharmaceuticals & Biotechnology | |
| Gland Pharma Ltd | 1.90% |
| Lupin Ltd | 1.36% |
| Aurobindo Pharma Ltd | 1.14% |
| Sun Pharmaceutical Industries Ltd | 1.04% |
| Natco Pharma Ltd | 0.88% |
| IPCA Laboratories Ltd | 0.85% |
| Torrent Pharmaceuticals Ltd | 0.05% |
| Industrial Products | |
| SKF India Ltd | 2.30% |
| Bharat Forge Ltd | 2.14% |
| Prince Pipes And Fittings Ltd | 1.13% |
| Finance | |
| SBI Cards and Payment Services Ltd | 1.21% |
| Power Finance Corporation Ltd | 1.16% |
| Shriram Finance Ltd | 1.04% |
| LIC Housing Finance Ltd | 0.95% |
| Jio Financial Services Ltd | 0.05% |
| Consumer Durables | |
| Crompton Greaves Consumer Electricals Ltd | 1.97% |
| Bata India Ltd | 1.74% |
| Kajaria Ceramics Ltd | 0.64% |
| Titan Company Ltd | 0.05% |
| Chemicals & Petrochemicals | |
| Vinati Organics Ltd | 1.11% |
| Atul Ltd | 0.97% |
| SRF Ltd | 0.68% |
| Chemplast Sanmar Ltd | 0.67% |
| Automobiles | |
| Tata Motors Ltd | 0.98% |
| Maruti Suzuki India Ltd | 0.88% |
| Mahindra & Mahindra Ltd | 0.70% |
| Eicher Motors Ltd | 0.59% |
| TVS Motor Company Ltd | 0.20% |
| Telecom - Services | |
| Bharti Airtel Ltd | 1.77% |
| Tata Communications Ltd | 1.49% |
| Insurance | |
| Max Financial Services Ltd | 1.56% |
| SBI Life Insurance Company Ltd | 1.55% |
| Gas | |
| Gujarat State Petronet Ltd | 1.78% |
| Indraprastha Gas Ltd | 1.15% |
| Transport Services | |
| Delhivery Ltd | 1.51% |
| Gateway Distriparks Ltd | 0.76% |
| InterGlobe Aviation Ltd | 0.64% |
| Retailing | |
| Zomato Ltd | 1.46% |
| FSN E-Commerce Ventures Ltd | 1.13% |
| Petroleum Products | |
| Reliance Industries Ltd | 2.58% |
| Cement & Cement Products | |
| JK Cement Ltd | 1.97% |
| ACC Ltd | 0.51% |
| Construction | |
| Larsen & Toubro Ltd | 2.33% |
| Power | |
| NTPC Ltd | 2.14% |
| Auto Components | |
| CEAT Ltd | 1.23% |
| Motherson Sumi Wiring India Ltd | 0.62% |
| Sona BLW Precision Forgings Ltd | 0.16% |
| Capital Markets | |
| Indian Energy Exchange Ltd | 1.01% |
| HDFC Asset Management Company Ltd | 0.89% |
| Personal Products | |
| Emami Ltd | 1.11% |
| Dabur India Ltd | 0.62% |
| Healthcare Services | |
| Fortis Healthcare Ltd | 0.68% |
| Krishna Institute Of Medical Sciences Ltd | 0.60% |
| Apollo Hospitals Enterprise Ltd | 0.45% |
| Diversified FMCG | |
| ITC Ltd | 0.90% |
| Hindustan Unilever Ltd | 0.64% |
| Ferrous Metals | |
| Tata Steel Ltd | 1.39% |
| Fertilizers & Agrochemicals | |
| Bayer Cropscience Ltd | 1.19% |
| Realty | |
| Prestige Estates Projects Ltd | 1.03% |
| Financial Technology (Fintech) | |
| PB Fintech Ltd | 0.75% |
| Beverages | |
| United Spirits Ltd | 0.67% |
| Leisure Services | |
| Sapphire Foods India Ltd | 0.65% |
| Non - Ferrous Metals | |
| National Aluminium Company Ltd | 0.57% |
| Minerals & Mining | |
| NMDC Ltd | 0.55% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 0.22% |
| Textiles & Apparels | |
| Page Industries Ltd | 0.17% |
| Equity Holding Total | 98.55% |
| Cash & Other Receivables | 1.45% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAEBF | 14.52% | 24.19% | 16.07% | 20.08% |
| Scheme Benchmark* | 15.68% | 26.64% | 14.06% | 13.60% |
| Additional Benchmark** | 10.31% | 20.30% | 12.24% | 11.82% |
| NAV as on 31st August, 2023 | ₹ 110.939 | |||
| Index Value (31st August, 2023) | Index Value of Scheme benchmark is 14,761.91 and S&P BSE Sensex (TRI) is 99,117.59 |
|||
| 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-August-2023 |
SIP |
15,70,000 | 68,70,314 |
10 Yrs |
12,00,000 | 33,17,258 |
7 Yrs |
8,40,000 | 15,72,199 |
5 Yrs |
6,00,000 | 9,76,904 |
3 Yrs |
3,60,000 | 4,59,831 |
1 Yr |
1,20,000 | 1,36,328 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
20.65 | 19.31 | 17.59 | 19.59 | 16.57 | 26.22 |
Benchmark Return& (%) |
16.02 | 16.54 | 17.32 | 20.47 | 19.55 | 26.98 |
Add. Benchmark Return& (%) |
13.36 | 13.79 | 14.73 | 15.53 | 13.50 | 13.40 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Volatility | 13.47% |
| Beta: | 0.87 |
| R Squared | 0.95 |
| Sharpe Ratio#: | 1.30 |
| Information Ratio | -0.72 |
| 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 31st August, 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