Mirae Asset Emerging Bluechip Fund - Direct Plan

Scheme Type
Open-ended
Scheme Category
Mid Cap
Benchmark Type
Nifty Midcap 100 Index
Scheme AUM (in Crs.)
₹ 5350.59
Expense Ratio
1.73%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 20569
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
51.225
(0.07 %)
NAV as on 2018-11-14
Returns
Fund
Mirae Asset Emerging Bluechip Fund - Direct Plan
1 Year
-1.44%
3 Year
17.72%
5 Year
29.47%
AMC Details
amc launch date
Launch Date
30 Nov 2007
amc sponsor
Sponsor
NA
amc email
Email
customercare@miraeasset.com
amc phone
Phone
022 - 67800300
amc address
Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
Exit load of 1% if redeemed within 1 year
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of companies which are not part of the top 100 stocks by market capitalization and have market capitalization of atleast Rs.100 Crores at the time of investment.
Suitability
Long-term capital appreciationPredominantly
• investments in Indian equities and equity related securities ofcompanies which are not part of the top 100 stocks by market capitalization
Fund Analysis
Though the fund has not been around the hostile face of 2008, its superior performance not only in relation to its benchmark but also its peers has made it a top most choice for many investors. Neelesh Surana zeros in on stocks which have high quality and earnings which is why the fund does not take exposures in in large number of small cap and stiks to midcap and a one third in large companies. The fund justifies its name of Emerging Bluechip and its bottoms up approach while taking into account the risk parameters has resulted in generating alpha while keeping an eye on the volatility.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
5,975
Portfolio Value
-25
Total Returns