Mirae Asset Emerging Bluechip Fund – Direct Growth
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Invested Amount--
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Wealth Gained--
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Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 11.8% | 24.5% | 17.1% | 22.3% | ||||
| Category Average | 13.3% | 26% | 14.1% | - |
Scheme Allocation
Advance Ratio
Exit Load
| Exit Load | 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. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment. |
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Fund Objective
The fund has a 99.06% investment in domestic securities. Of this, 44% of investment is in Large Cap Stocks, 27.32 % is in Mid Cap Stocks, and 8.34 % is in small Cap Stocks. It is primarily suitable for investors looking for high returns by investing their money for three to four years.
The large-cap companies in which the fund invests around 65% are top 100 companies by market capitalisation, and the mid-cap companies where the fund invests around 65% are the companies that are not a part of the top 100 companies. Still, they fall within the top 250 companies by market capitalisation.
Investors get an opportunity to participate in the growth of emerging companies. These companies have the potential to be tomorrow’s blue-chip companies.
Pros and cons
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The portfolio stability is increased by a minimum 35 % allocation to a large cap. |
The returns associated with market risk and the returns that one would get from these funds would be volatile, even depending on market conditions. |
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Investors get to invest through a single portfolio in both large and midcap stocks. |
The fund’s past performance might sustain or might not sustain in the future. |
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To meet long-term financial goals, the stability of large-cap holdings can bring more agility through midcaps which would create wealth during the journey of long-term investment. |
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The midcap allocations of these funds could create alphas over investment tenures that are sufficiently long as they have the potential. |
How to invest in Mirae Asset Emerging Bluechip fund?
It is essential to complete all the KYC formalities, which can be done online and would just require a few minutes to complete. Once done, you can easily invest in Mirae Asset Emerging Bluechip Fund Direct-Growth via SIP or lump sum. This would depend on the investment objective and risk tolerance.
Investors seeking capital appreciation can invest in Mirae Asset Emerging Bluechip Fund. It is best suited to investors who have moderate high-risk appetites and who want long investment horizons.
What is the expense Ratio of the Mirae Asset Emerging Bluechip fund?
The total expense ratio represents the annual fund operating of a particular scheme. This is expressed as a %age of the fund’s daily net assets. According to the current regulations, the total expense ratio (TER) is allowed 2.25 % for the first 500 crores, 2 % for the next 250 crores, 1.75 % for the next 1250 crores, 1.60 % for the next 3000 crores, and 1.50 % for the next 5000 crores.
How to redeem Mirae Asset Emerging Bluechip fund holding?
You can go to your holding on the app and click on the fund name. There will be two options: Invest More and Redeem. Click on redeem and enter the number of units you desire to redeem, or you can tick on "Redeem all units".
Who should invest in the Mirae Asset Emerging Bluechip fund?
The investors who can steadily invest in the Mirae Asset Emerging Bluechip Fund should aim primarily for capital appreciation and people who want to be exposed to both large and midcap stocks through a single portfolio. Investors who want to invest for a long time, which could be at least 3 years or even longer, and investors with moderately high-risk appetites can invest in this fund.
What are the benefits of investing in the Mirae Asset Emerging Bluechip fund?
Investors of these funds would get to participate in the growth of emerging companies, and these companies have the potential to be the blue-chip companies of the future. Along with this, there is a potential for wealth creation in the long term.
Limiting the volatility is the main aim of the scheme mandate, with a minimum of 35 % large-cap exposure. Also, the fund has outperformed the benchmark it has set for the last 10 years.
The ability of the fund to deliver returns is in-line with most of the funds that belong to this category. It can control losses in a failing market and is above average. The majority of the money is invested in the Financial, Automobile, Energy, Technology, and Healthcare Sectors.
The AUM or Asset Under Management is the total value of a mutual fund scheme’s assets. It is a good indicator of the fund’s popularity, and a high AUM would indicate that a lot of money is invested, and these investors prefer investing in the fund.
Fund Managers
Neelesh Surana
Mr Neelesh Surana is among the senior fund managers at Mirae Asset India with extensive experience of over 24 years. His expertise in portfolio management has further enhanced his function of various domestic and offshore funds of the fund house. Before joining Mirae Asset India AMC, he worked at ASK Investment Managers Pvt Ltd. He has successfully fulfilled his role and responsibility for supervising and overseeing approximately five mutual fund schemes.
Risk-O-Meter
Peer Comparison
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
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- Equity .
- Large & Mid Cap .
-
- 10,679
-
19.6%Fund Size - 10,679
-
30%Fund Size - 10,679
-
16.1%Fund Size - 10,679
-
- Equity .
- Large & Mid Cap .
-
- 9,123
-
17.2%Fund Size - 9,123
-
29.7%Fund Size - 9,123
-
16.5%Fund Size - 9,123
-
- Equity .
- Large & Mid Cap .
-
- 13,871
-
16.1%Fund Size - 13,871
-
27.8%Fund Size - 13,871
-
15.9%Fund Size - 13,871
-
- Equity .
- Large & Mid Cap .
-
- 1,887
-
17.8%Fund Size - 1,887
-
27.1%Fund Size - 1,887
-
13.8%Fund Size - 1,887
-
- Equity .
- Large & Mid Cap .
-
- 2,802
-
20.6%Fund Size - 2,802
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27%Fund Size - 2,802
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14.2%Fund Size - 2,802
AMC Contact Details
More Funds from Mirae Asset Mutual Fund
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
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- Hybrid .
- Aggressive Hybrid .
-
- 7,777
-
11.2%Fund Size - 7,777
-
18.5%Fund Size - 7,777
-
13.2%Fund Size - 7,777
-
- Equity .
- Large Cap .
-
- 35,880
-
8.7%Fund Size - 35,880
-
19.7%Fund Size - 35,880
-
12.7%Fund Size - 35,880
-
- Equity .
- Sectoral / Thematic .
-
- 2,552
-
17%Fund Size - 2,552
-
25.9%Fund Size - 2,552
-
15.7%Fund Size - 2,552
-
- Equity .
- ELSS .
-
- 17,418
-
12.1%Fund Size - 17,418
-
24.6%Fund Size - 17,418
-
16.6%Fund Size - 17,418
-
- Equity .
- Sectoral / Thematic .
-
- 1,683
-
19.4%Fund Size - 1,683
-
17.5%Fund Size - 1,683
-
21.1%Fund Size - 1,683
Mutual Funds By Category
Equity
Debt
Hybrid
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Large Cap .
-
- 654
-
18.9%Fund Size - 654
-
23.4%Fund Size - 654
-
14.9%Fund Size - 654
-
- Equity .
- Large Cap .
-
- 10,202
-
10%Fund Size - 10,202
-
19.8%Fund Size - 10,202
-
14.4%Fund Size - 10,202
-
- Equity .
- Large Cap .
-
- 15,583
-
18.8%Fund Size - 15,583
-
28.1%Fund Size - 15,583
-
14.4%Fund Size - 15,583
-
- Equity .
- Large Cap .
-
- 1,517
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11.1%Fund Size - 1,517
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20.1%Fund Size - 1,517
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13.9%Fund Size - 1,517
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- Equity .
- Large Cap .
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- 757
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19.7%Fund Size - 757
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23%Fund Size - 757
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13.7%Fund Size - 757
Frequently Asked Questions
How to invest in Mirae Asset Emerging Bluechip Fund – Direct Growth ?
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for Mirae Asset Emerging Bluechip Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of Mirae Asset Emerging Bluechip Fund – Direct Growth ?
How to redeem Mirae Asset Emerging Bluechip Fund – Direct Growth holding ?
What is the minimum sip amount of Mirae Asset Emerging Bluechip Fund – Direct Growth?
What are the top sectors Mirae Asset Emerging Bluechip Fund – Direct Growth has invested in?
- Banks - 21.62%
- IT-Software - 7.56%
- Pharmaceuticals & Biotech - 6.61%
- Industrial Products - 5.91%
- Finance - 4.78%
Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Emerging Bluechip Fund – Direct Growth?
How much returns have Mirae Asset Emerging Bluechip Fund – Direct Growth generated ?
What is the expense ratio of Mirae Asset Emerging Bluechip Fund – Direct Growth ?
What is the AUM of Mirae Asset Emerging Bluechip Fund – Direct Growth?
What are the top stock holdings of Mirae Asset Emerging Bluechip Fund – Direct Growth?
- HDFC Bank - 6.61%
- ICICI Bank - 4.89%
- St Bk of India - 4.09%
- Reliance Industr - 3.75%
- Axis Bank - 2.97%
How can I redeem my investments in Mirae Asset Emerging Bluechip Fund – Direct Growth?
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Emerging Bluechip Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.