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Mirae Asset Emerging Bluechip Fund Direct IDCW

Equity
Large & MidCap
Very High Risk
Payout
18.74%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Jul 2022₹62.52
Min. SIP amountNA
Rating5
Fund size₹21,389.16Cr

Returns and rankings

Category: Equity Large & MidCap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-0.1%18.7%14.6%22.3%
Category average59.0%15.2%14.8%NA
Rank with in category1731NA
Understand terms

Holdings (68)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity6.1%
HDFC Bank Ltd.FinancialEquity5.4%
Infosys Ltd.TechnologyEquity4.5%
Axis Bank Ltd.FinancialEquity3.8%
Reliance Industries Ltd.EnergyEquity3.6%
State Bank of IndiaFinancialEquity3.6%
SKF India Ltd.Capital GoodsEquity2.5%
Max Financial Services Ltd.FinancialEquity2.4%
Shriram Transport Finance Company Ltd.FinancialEquity2.3%
Sun Pharmaceutical Industries Ltd.HealthcareEquity2.3%
See All

Pros and cons

Category: Equity Large & MidCap

Pros

Cons

3Y annualised returns higher than category average by 3.55%
Higher AUM: 21389Cr. Funds with a higher AUM tend to have lower returns in the future
Higher alpha: 4.64 The fund has generated returns higher than benchmark - NIFTY Large Midcap 250 Total Return Index - in the last 3Y
1Y and 5Y annualised returns lower than category average
Lower expense ratio: 0.7%

Expense ratio, exit load and tax

Expense ratio: 0.70%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 year

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Ankit Jain
Jan 2019 - Present
View details

Education
Mr. Jain is a B.Tech (ICT) and MBA (Finance).
Experience
Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirius Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
26 Apr 2019
Website
NA
Amc Image
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in Mirae Asset Emerging Bluechip Fund Direct IDCW?

You can easily invest in Mirae Asset Emerging Bluechip Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Mirae Asset Emerging Bluechip Fund Direct IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Mirae Asset Emerging Bluechip Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mirae Asset Emerging Bluechip Fund Direct IDCW provide?

The Mirae Asset Emerging Bluechip Fund Direct IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is -0.09% since its inception.

How much expense ratio is charged by Mirae Asset Emerging Bluechip Fund Direct IDCW?

The term Expense Ratio used for Mirae Asset Emerging Bluechip Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Mirae Asset Emerging Bluechip Fund Direct IDCW is 0.70% as of 06 Jul 2022...

What is the AUM of Mirae Asset Emerging Bluechip Fund Direct IDCW?

The AUM, short for Assets Under Management of Mirae Asset Emerging Bluechip Fund Direct IDCW is ₹21,389.16Cr as of 06 Jul 2022.

How to Redeem Mirae Asset Emerging Bluechip Fund Direct IDCW?

If you want to sell your Mirae Asset Emerging Bluechip Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mirae Asset Emerging Bluechip Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Mirae Asset Emerging Bluechip Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Mirae Asset Emerging Bluechip Fund Direct IDCW?

The NAV of Mirae Asset Emerging Bluechip Fund Direct IDCW is ₹62.52 as of 05 Jul 2022.

What is the PE and PB ratio of Mirae Asset Emerging Bluechip Fund Direct IDCW?

The PE ratio ratio of Mirae Asset Emerging Bluechip Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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