Mirae Asset Emerging Bluechip Fund Direct Growth+2.49%

5
7.04%
1 Year Return
Equity
Large & Mid Cap
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Mirae Asset Emerging Bluechip Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.84%
NAV60.86 (25 Sep 2020)
Fund Started01 Jan 2013
Fund Size11,316 Cr

Fund Overview

Quick overview of Mirae Asset Emerging Bluechip Fund Direct Growth

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Emerging Bluechip Fund Direct Growth
7.0%
7.6%
14.5%
20.8%
Category Average
10.9%
2.7%
8.1%
-
Rank within category
5
1
1
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 7.0% annual returns

    Comparison

    Data not available
    Pros
    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
    Cons
    1. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity7.1%
    ICICI Bank Ltd.FinancialEquity5.5%
    Infosys Ltd.TechnologyEquity4.2%
    Axis Bank Ltd.FinancialEquity4.2%
    Reliance Industries Ltd.EnergyEquity3.8%
    Bharti Airtel Ltd.CommunicationEquity3.4%
    Tata Consultancy Services Ltd.TechnologyEquity2.9%
    Max Financial Services Ltd.FinancialEquity2.8%
    State Bank of IndiaFinancialEquity2.7%
    Voltas Ltd.Cons DurableEquity2.6%
    See All

    Fund Managers

    addAnkit Jain
    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.
    Funds Managed

    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 ₹11,316 Cr and the Latest NAV as of 25 Sep 2020 is ₹60.86.

    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.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Exit load of 1% if redeemed within 1 year
    Exit Load

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    About Mirae Asset Mutual Fund

    Address
    Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
    Phone
    022-67800300
    Launch Date
    30 Nov 2007
    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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