Fund Details
Mirae Asset Emerging Bluechip Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.76% |
| NAV | ₹71.49 (27 Nov 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹11,929 Cr |
Fund Overview
Returns
as per Historical Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.1% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Infosys Ltd. | Technology | Equity | 5.2% |
| Axis Bank Ltd. | Financial | Equity | 4.2% |
| Bharti Airtel Ltd. | Communication | Equity | 3.2% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.0% |
| Max Financial Services Ltd. | Financial | Equity | 2.9% |
| Reliance Industries Ltd. | Energy | Equity | 2.6% |
| Voltas Ltd. | Cons Durable | Equity | 2.6% |
| State Bank of India | Financial | Equity | 2.4% |
Fund Managers
Mirae Asset Emerging Bluechip Fund Direct Growth Details
Mirae Asset Emerging Bluechip Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Neelesh Surana is the Current Fund Manager of Mirae Asset Emerging Bluechip Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹11,929 Cr and the Latest NAV as of 27 Nov 2020 is ₹71.49.
The Mirae Asset Emerging Bluechip Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Exit load of 1% if redeemed within 1 year
Investment Objective
To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of large cap and midcap companies at the time of investment.
Tax Implications
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.
