Mid-cap funds are funds that invest in mid-cap companies. Mid-cap companies are companies that are between 100 and 250 of the largest companies in India.
Such companies have immense potential for growth. So mid funds – mutual funds that invest in such companies display similar growth patterns.
However, with high returns, comes high risk.
Mid-cap companies have high growth potential but they also have a high risk -they can go down as well.
Mirae Asset Emerging Bluechip Fund is easily one of the best mid-cap funds in the last one year.
It has returned an excess of 30+% returns in the last 5 years which is astonishing.
In fact, in the last 1 year, it has returned more than 40%.
|Risk Level||Moderately High|
You cannot invest lump sum in this fund. The fund managers have limited inflows to this fund by allowing only for SIP. Even the SIP is capped at ₹20,000 per month only.
That, however, is no bad things as mid-cap funds are risky – so you should invest via SIP to reduce risk and take advantage of rupee cost averaging.
If you are in search of a mid-cap fund to invest in, there is no doubt Mirae Asset Emerging Bluechip is one of the best options out there.
But remember, as with any mid-cap fund, limit your exposure to it. Do not invest all your investment amount in mid-cap funds only.
They are risky.
Another factor that you should keep in mind is that you should invest for at least 5 years in mid-cap funds.
When you invest for a long-term, the risk is reduced as short-term volatility is greatly removed.
Mirae Asset Emerging Bluechip Fund is not offered by most online platforms.
However, you do not need to worry, this fund is available for investment on the Groww platform.
Simply log in to your account, choose the fund – Mirae Asset Emerging Bluechip Fund – make payment and start SIP!