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Fincash » Mutual Funds » Mirae Asset Emerging Bluechip Fund

Mirae Asset Emerging Bluechip Fund - G

NAV  ₹109.523 ↑ 0.57  (0.52 %) as on 22 Aug 23

Scheme Objective

The investment objective of the scheme is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity related securities of large cap and mid cap companies at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity related securities to achieve optimal Portfolio construction. The Scheme does not guarantee or assure any returns.

Mirae Asset Emerging Bluechip Fund is a Equity - Large & Mid Cap fund launched on 9 Jul 10. It is a fund with Moderately High risk and has given a CAGR return of 20% since its launch.  Return for 2022 was -1.4% , 2021 was 39.1% and 2020 was 22.4% .

Below is the key information for Mirae Asset Emerging Bluechip Fund

NAV as on 22 Aug 23₹109.523 ↑ 0.57  (0.52 %)
Net Assets (AUM) as on 31 Jul 2023 ₹27,948 Cr.
Launch Date9 Jul 2010
CategoryEquity - Large & Mid Cap
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMirae Asset Global Inv (India) Pvt. Ltd
Alpha Ratio-2.53
Expense Ratio1.34 %
Sharpe Ratio0.837
Information Ratio-0.82
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹0
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 1.9%
3 Month 12.5%
6 Month 16.8%
1 Year 14.8%
3 Year 23.4%
5 Year 16%
10 Year
15 Year
Since launch 20%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 -1.4%
2021 39.1%
2020 22.4%
2019 14.7%
2018 -5.4%
2017 49%
2016 12.2%
2015 14.1%
2014 84.6%

Growth of 10k Over Years

DateValue
30 Sep 18₹10,000
30 Sep 19₹11,132
30 Sep 20₹12,084
30 Sep 21₹20,356
30 Sep 22₹19,561
30 Sep 23₹23,555
Mirae Asset Emerging Bluechip Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.45%
Equity98.55%
Other0%
Mirae Asset Emerging Bluechip Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services31.91%
Consumer Cyclical14.66%
Basic Materials9.61%
Industrials9.52%
Health Care8.95%
Technology8.01%
Utility5.06%
Consumer Defensive3.94%
Communication Services3.27%
Energy2.58%
Real Estate1.03%
Mirae Asset Emerging Bluechip Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 17 | HDFCBANK
Banks - Regional7%₹1,937 Cr12,327,071
↑ 1,136,400
ICICI Bank Ltd (Financial Services)
Equity, Since 29 Feb 12 | ICICIBANK
Banks - Regional5%₹1,312 Cr13,688,882
State Bank of India (Financial Services)
Equity, Since 30 Apr 18 | SBIN
Banks - Regional4%₹1,116 Cr19,874,412
↑ 1,424,359
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | 532215
Banks - Regional3%₹846 Cr8,693,867
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 18 | RELIANCE
Oil & Gas Refining & Marketing3%₹733 Cr3,047,242
↓ -1,059,445
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 19 | LT
Engineering & Construction2%₹663 Cr2,452,356
SKF India Ltd (Industrials)
Equity, Since 31 Oct 19 | SKFINDIA
Tools & Accessories2%₹653 Cr1,253,328
↓ -17,716
Infosys Ltd (Technology)
Equity, Since 31 Jan 18 | INFY
Information Technology Services2%₹639 Cr4,450,630
Bharat Forge Ltd (Consumer Cyclical)
Equity, Since 31 Mar 22 | 500493
Auto Parts2%₹609 Cr5,687,431
↓ -1,581,010
NTPC Ltd (Utilities)
Equity, Since 31 Jul 21 | 532555
Utilities - Regulated Electric2%₹608 Cr27,587,355
↓ -700,000
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Fund Managers

NameSinceTenure
Neelesh Surana9 Jul 1013.16 Yr.
Ankit Jain31 Jan 194.59 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Mirae Asset Investment Managers (India) Private LimitedMirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098

Auditors

CompanyAddress
M/s. Chokshi & Chokshi101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mirae Asset Emerging Bluechip Fund
Growth
₹109.523
↑ 0.57
16.79 %14.77 %23.35 %16.02 %
Mirae Asset Emerging Bluechip Fund
Normal Dividend, Reinvestment
₹39.29
↑ 0.21
16.01 %13.25 %22.22 %14.69 %
Mirae Asset Emerging Bluechip Fund
Normal Dividend, Payout
₹39.29
↑ 0.21
16.01 %13.25 %22.22 %14.69 %
Data as on 22 Aug 23

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.