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

You can easily invest in Mirae Asset Emerging Bluechip Fund Direct Growth 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 Growth 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 Growth as SIP or lumpsum as per your investment objective and risk tolerance

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

The Mirae Asset Emerging Bluechip Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is -2.68% since its inception.

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

The term Expense Ratio used for Mirae Asset Emerging Bluechip Fund Direct Growth 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 Growth is 0.69% as of 07 Feb 2023...

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

The AUM, short for Assets Under Management of Mirae Asset Emerging Bluechip Fund Direct Growth is ₹24,054.79Cr as of 07 Feb 2023.

How to Redeem Mirae Asset Emerging Bluechip Fund Direct Growth?

If you want to sell your Mirae Asset Emerging Bluechip Fund Direct Growth 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 Growth?

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

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

The NAV of Mirae Asset Emerging Bluechip Fund Direct Growth is ₹104.22 as of 06 Feb 2023.

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

The PE ratio ratio of Mirae Asset Emerging Bluechip Fund Direct Growth 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).

Mirae Asset Emerging Bluechip Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

Mirae Asset Emerging Bluechip Fund Direct Growth
Equity
Large & MidCap
Very High Risk
18.39%
3Y annualised
+0.20% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 06 Feb 2023₹104.22
Min. SIP amount₹1,000
Rating5
Fund size₹24,054.79Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Large & MidCap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-2.7%18.4%15.3%21.9%
Category average-1.4%16.4%10.0%NA
Rank with in category2351NA
Understand terms
Holdings (72)NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity5.9%
ICICI Bank Ltd.FinancialEquity4.8%
Axis Bank Ltd.FinancialEquity4.5%
Reliance Industries Ltd.EnergyEquity3.8%
Infosys Ltd.TechnologyEquity3.8%
State Bank of IndiaFinancialEquity3.7%
SKF India Ltd.Capital GoodsEquity2.7%
Bharat Forge Ltd.AutomobileEquity2.7%
Larsen & Toubro Ltd.ConstructionEquity2.2%
Gujarat State Petronet Ltd.EnergyEquity2.2%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity Large & MidCap
Pros
Cons
3Y, 5Y and 10Y annualised returns higher than category average
1Y annualised returns lower than category average by 1.95%
Higher alpha: 2.62
The fund has generated returns higher than benchmark - NIFTY Large Midcap 250 Total Return Index - in the last 3Y 
Lower expense ratio: 0.69%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2022 - Present
0.69%
31 Dec 2022 - 31 Dec 2022
0.69%
30 Nov 2022 - 31 Dec 2022
0.68%
30 Nov 2022 - 30 Nov 2022
0.68%
30 Nov 2022 - 30 Nov 2022
0.68%
31 Oct 2022 - 30 Nov 2022
0.69%
31 Oct 2022 - 31 Oct 2022
0.69%
31 Oct 2022 - 31 Oct 2022
0.69%
30 Sep 2022 - 31 Oct 2022
0.70%
30 Sep 2022 - 30 Sep 2022
0.70%
30 Sep 2022 - 30 Sep 2022
0.70%
31 Aug 2022 - 30 Sep 2022
0.69%
31 Aug 2022 - 31 Aug 2022
0.69%
31 Jul 2022 - 31 Aug 2022
0.69%
31 Jul 2022 - 31 Jul 2022
0.69%
31 Jul 2022 - 31 Jul 2022
0.69%
30 Jun 2022 - 31 Jul 2022
0.71%
30 Jun 2022 - 30 Jun 2022
0.71%
31 May 2022 - 30 Jun 2022
0.70%
31 May 2022 - 31 May 2022
0.70%
30 Apr 2022 - 31 May 2022
0.73%
30 Apr 2022 - 30 Apr 2022
0.73%
31 Mar 2022 - 30 Apr 2022
0.76%
31 Mar 2022 - 31 Mar 2022
0.76%
28 Feb 2022 - 31 Mar 2022
0.71%
28 Feb 2022 - 28 Feb 2022
0.71%
31 Jan 2022 - 28 Feb 2022
0.70%
31 Dec 2021 - 31 Jan 2022
0.67%
30 Nov 2021 - 31 Dec 2021
0.68%
31 Oct 2021 - 30 Nov 2021
0.68%
30 Sep 2021 - 31 Oct 2021
0.68%
31 Aug 2021 - 30 Sep 2021
0.69%
31 Jul 2021 - 31 Aug 2021
0.70%
30 Jun 2021 - 31 Jul 2021
0.70%
31 May 2021 - 30 Jun 2021
0.68%
30 Apr 2021 - 31 May 2021
0.72%
31 Mar 2021 - 30 Apr 2021
0.73%
28 Feb 2021 - 31 Mar 2021
0.70%
31 Jan 2021 - 28 Feb 2021
0.75%
31 Dec 2020 - 31 Jan 2021
0.74%
30 Nov 2020 - 31 Dec 2020
0.74%
31 Oct 2020 - 30 Nov 2020
0.76%
30 Sep 2020 - 31 Oct 2020
0.84%
31 Aug 2020 - 30 Sep 2020
0.84%
31 Jul 2020 - 31 Aug 2020
0.85%
30 Jun 2020 - 31 Jul 2020
0.85%
31 May 2020 - 30 Jun 2020
0.86%
30 Apr 2020 - 31 May 2020
0.77%
31 Mar 2020 - 30 Apr 2020
0.92%
29 Feb 2020 - 31 Mar 2020
0.98%
31 Jan 2020 - 29 Feb 2020
0.99%
31 Dec 2019 - 31 Jan 2020
0.83%
30 Nov 2019 - 31 Dec 2019
0.83%
31 Oct 2019 - 30 Nov 2019
0.84%
30 Sep 2019 - 31 Oct 2019
0.84%
31 Aug 2019 - 30 Sep 2019
0.79%
31 Jul 2019 - 31 Aug 2019
0.79%
30 Jun 2019 - 31 Jul 2019
0.79%
31 May 2019 - 30 Jun 2019
0.80%
30 Apr 2019 - 31 May 2019
0.80%
31 Mar 2019 - 30 Apr 2019
0.60%
28 Feb 2019 - 31 Mar 2019
0.61%
31 Jan 2019 - 28 Feb 2019
0.87%
31 Dec 2018 - 31 Jan 2019
0.87%
30 Nov 2018 - 31 Dec 2018
0.87%
31 Oct 2018 - 30 Nov 2018
0.87%
30 Sep 2018 - 31 Oct 2018
1.73%
31 Aug 2018 - 30 Sep 2018
1.73%
31 Jul 2018 - 31 Aug 2018
1.73%
30 Jun 2018 - 31 Jul 2018
1.72%
31 May 2018 - 30 Jun 2018
1.72%
30 Apr 2018 - 31 May 2018
1.72%
31 Mar 2018 - 30 Apr 2018
1.71%
28 Feb 2018 - 31 Mar 2018
1.68%
31 Jan 2018 - 28 Feb 2018
1.64%
31 Dec 2017 - 31 Jan 2018
1.64%
30 Nov 2017 - 31 Dec 2017
1.64%
31 Oct 2017 - 30 Nov 2017
1.68%
Expense ratio, exit load and taxExpense ratio: 0.69%Inclusive of GST
Exit loadExit load of 1% if redeemed within 1 year
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIP₹1,000
Fund managementNeelesh Surana
Jan 2013 - Present
View details
Education
Mr. Surana is B.E (Mechanical) and MBA in Finance.
Experience
Prior to joining Mirae Asset AMC he has worked with ASK Investment Managers Pvt Ltd.
Also manages these schemes
Mirae Asset Large Cap Fund Regular Growth
Mirae Asset Large Cap Fund Regular IDCW
Mirae Asset Emerging Bluechip Fund Regular IDCW
Mirae Asset Emerging Bluechip Fund Regular Growth
Mirae Asset Large Cap Fund Direct Growth
Mirae Asset Large Cap Fund Direct IDCW
Mirae Asset Emerging Bluechip Fund Direct Growth
Mirae Asset Emerging Bluechip Fund Direct IDCW
Mirae Asset Hybrid Equity Fund Direct Growth
Mirae Asset Hybrid Equity Fund Direct IDCW
Mirae Asset Hybrid Equity Fund Regular Growth
Mirae Asset Hybrid Equity Fund Regular IDCW
Mirae Asset Tax Saver Fund Direct Growth
Mirae Asset Tax Saver Fund Direct IDCW
Mirae Asset Tax Saver Fund Regular IDCW
Mirae Asset Tax Saver Fund Regular Growth
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
Mirae Asset Emerging Bluechip Fund Regular IDCW
Mirae Asset Emerging Bluechip Fund Regular Growth
Mirae Asset Great Consumer Fund Regular IDCW
Mirae Asset Great Consumer Fund Regular Growth
Mirae Asset Emerging Bluechip Fund Direct Growth
Mirae Asset Emerging Bluechip Fund Direct IDCW
Mirae Asset Great Consumer Fund Direct Growth
Mirae Asset Great Consumer Fund Direct IDCW
Mirae Asset Midcap Fund Direct Growth
Mirae Asset Midcap Fund Direct IDCW
Mirae Asset Midcap Fund Regular Growth
Mirae Asset Midcap Fund Regular IDCW
Fund house & investment objective
Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM₹1,02,127.67Cr
Date of Incorporation26 Apr 2019
 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 26 Apr 2019. 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 ₹1,02,128 Cr and the Latest NAV as of 06 Feb 2023 is ₹104.22.
The Mirae Asset Emerging Bluechip Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Exit load of 1% if redeemed within 1 year
;
Investment ObjectiveTo 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.
;
Fund benchmarkNIFTY Large Midcap 250 Total Return Index
Scheme Information Document(SID)
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
E-mail
[email protected]
Website
NA
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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Mirae Asset Emerging Bluechip Fund Direct Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	-2.7%	18.4%	15.3%	21.9%
Category average	-1.4%	16.4%	10.0%	NA
Rank with in category	23	5	1	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	5.9%
ICICI Bank Ltd.	Financial	Equity	4.8%
Axis Bank Ltd.	Financial	Equity	4.5%
Reliance Industries Ltd.	Energy	Equity	3.8%
Infosys Ltd.	Technology	Equity	3.8%
State Bank of India	Financial	Equity	3.7%
SKF India Ltd.	Capital Goods	Equity	2.7%
Bharat Forge Ltd.	Automobile	Equity	2.7%
Larsen & Toubro Ltd.	Construction	Equity	2.2%
Gujarat State Petronet Ltd.	Energy	Equity	2.2%

Rank (total assets)	#13 in India
Total AUM	₹1,02,127.67Cr

Date of Incorporation	26 Apr 2019

Fund benchmark	NIFTY Large Midcap 250 Total Return Index

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Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	5
Fund size	₹24,054.79Cr

Mirae Asset Emerging Bluechip Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (72)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.69%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Neelesh SuranaJan 2013 - PresentView details

Ankit JainJan 2019 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Neelesh Surana
Jan 2013 - Present
View details

Ankit Jain
Jan 2019 - Present
View details