Mirae Asset Emerging Bluechip Fund- Direct Plan

The Mirae Bluechip Emerging Fund an actively managed open-ended equity mutual fund that seeks to provide its investors with long-term capital appreciation through investments in a diversified basket of equity stocks of mid-cap and large-cap companies across market sectors. The Mirae Bluechip Emerging Fund is suitable for investors with investment horizons longer than 3 years. As this is a equity mutual fund with considerable exposure to mid-cap stocks investors in this fund should have a high capacity for risk.
...Read More
Scheme Type
Open-ended
Scheme Category
Mid-Cap
Benchmark Type
Nifty Midcap 100 Index
Scheme AUM (in Crs.)
₹ 5780.33
Expense Ratio
0.87%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 21035
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
52.619
(-0.26 %)
NAV as on 2019-01-18
Performance Info
The Mirae Bluechip Emerging Fund has consistently outperformed both its benchmark and category since its inception in July 2010. The fund does not perform well under short investment cycles of less than 3 years, but it outperforms its benchmark and category by considerable margins in investment cycles longer than 3 years. The fund is ranked 1 for investment cycles longer than 3 years within its category.
Returns
Fund
Mirae Asset Emerging Bluechip Fund- Direct Plan
1 Year
-6.08%
3 Year
21.19%
5 Year
28.05%
AMC Details
amc launch date
Launch Date
30 Nov 2007
amc sponsor
Sponsor
NA
amc email
Email
customercare@miraeassetmf.co.in
amc phone
Phone
022 - 67800300
amc address
Address
Unit No.606, Windsor Building Off.,C.S.T Road, Kalina Santacruz E, Mumbai - 400 098
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
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.
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
5,894
Portfolio Value
-106
Total Returns