Mirae Asset Emerging Bluechip Direct Growth
EquityLarge & Mid- CapVery High Risk
Direct
NAV (10-Sep-24)
₹170.800.66%1D
Returns (Since Inception)
23.84%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹39,706 Cr
Expense Ratio
0.58%
ISIN
INF769K01BI1
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
Mirae Asset Emerging Bluechip Direct Growth is a Large & Mid- Cap mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 11 years, 8 months and 10 days, having been launched on 01-Jan-13.
As of 10-Sep-24, it has a Net Asset Value (NAV) of ₹170.80, Assets Under Management (AUM) of 39706.00 Crores, and an expense ratio of 0.58%.
As of 10-Sep-24, it has a Net Asset Value (NAV) of ₹170.80, Assets Under Management (AUM) of 39706.00 Crores, and an expense ratio of 0.58%.
- Mirae Asset Emerging Bluechip Direct Growth has given a CAGR return of 23.84% since inception.
- The fund's asset allocation comprises around 99.20% in equities, 0.00% in debts, and 0.80% in cash & cash equivalents.
- You can start investing in Mirae Asset Emerging Bluechip Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+34.75%
+40.62% (Cat Avg.)
3 Years
+17.42%
+20.59% (Cat Avg.)
5 Years
+25.54%
+24.33% (Cat Avg.)
10 Years
+21.08%
+16.27% (Cat Avg.)
Since Inception
+23.84%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹39,387.3 Cr | 99.20% |
| Others | ₹318.7 Cr | 0.80% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹2,135.72 Cr | 5.38% |
| Axis Bank Ltd | Equity | ₹1,446.13 Cr | 3.64% |
| Larsen & Toubro Ltd | Equity | ₹1,261.36 Cr | 3.18% |
| ICICI Bank Ltd | Equity | ₹968.95 Cr | 2.44% |
| State Bank of India | Equity | ₹920.45 Cr | 2.32% |
| Reliance Industries Ltd | Equity | ₹888.84 Cr | 2.24% |
| Tata Motors Ltd | Equity | ₹872.14 Cr | 2.20% |
| Kotak Mahindra Bank Ltd | Equity | ₹833.67 Cr | 2.10% |
| Infosys Ltd | Equity | ₹820.67 Cr | 2.07% |
| Gland Pharma Ltd | Equity | ₹749.49 Cr | 1.89% |
| Prestige Estates Projects Ltd | Equity | ₹722.39 Cr | 1.82% |
| Bharti Airtel Ltd | Equity | ₹704.54 Cr | 1.77% |
| Tata Steel Ltd | Equity | ₹702.67 Cr | 1.77% |
| Wipro Ltd | Equity | ₹687.87 Cr | 1.73% |
| Tata Consultancy Services Ltd | Equity | ₹640.85 Cr | 1.61% |
| FSN E-Commerce Ventures Ltd | Equity | ₹626.94 Cr | 1.58% |
| Delhivery Ltd | Equity | ₹615.68 Cr | 1.55% |
| Aurobindo Pharma Ltd | Equity | ₹609.65 Cr | 1.54% |
| Vedanta Ltd | Equity | ₹604.15 Cr | 1.52% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹573.73 Cr | 1.44% |
| ACC Ltd | Equity | ₹572.26 Cr | 1.44% |
| InterGlobe Aviation Ltd | Equity | ₹571.7 Cr | 1.44% |
| NTPC Ltd | Equity | ₹571.46 Cr | 1.44% |
| Lupin Ltd | Equity | ₹550.21 Cr | 1.39% |
| HDFC Asset Management Co Ltd | Equity | ₹545.35 Cr | 1.37% |
| Indian Bank | Equity | ₹529.23 Cr | 1.33% |
| Tata Communications Ltd | Equity | ₹513.19 Cr | 1.29% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹495.63 Cr | 1.25% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹494.58 Cr | 1.25% |
| ITC Ltd | Equity | ₹485.76 Cr | 1.22% |
| SRF Ltd | Equity | ₹482.92 Cr | 1.22% |
| SKF India Ltd | Equity | ₹473.87 Cr | 1.19% |
| Bata India Ltd | Equity | ₹468.37 Cr | 1.18% |
| Dr Reddy's Laboratories Ltd | Equity | ₹454.7 Cr | 1.15% |
| Fortis Healthcare Ltd | Equity | ₹449.22 Cr | 1.13% |
| Bharat Forge Ltd | Equity | ₹446.67 Cr | 1.12% |
| The Federal Bank Ltd | Equity | ₹436.38 Cr | 1.10% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹434.43 Cr | 1.09% |
| HCL Technologies Ltd | Equity | ₹433.86 Cr | 1.09% |
| Page Industries Ltd | Equity | ₹433.68 Cr | 1.09% |
| LIC Housing Finance Ltd | Equity | ₹426.85 Cr | 1.08% |
| Maruti Suzuki India Ltd | Equity | ₹419.63 Cr | 1.06% |
| Ceat Ltd | Equity | ₹415.77 Cr | 1.05% |
| Coal India Ltd | Equity | ₹398.59 Cr | 1.00% |
| Apollo Tyres Ltd | Equity | ₹395.37 Cr | 1.00% |
| Motherson Sumi Wiring India Ltd | Equity | ₹394.13 Cr | 0.99% |
| Laurus Labs Ltd | Equity | ₹386.33 Cr | 0.97% |
| Bayer CropScience Ltd | Equity | ₹382.57 Cr | 0.96% |
| Gujarat State Petronet Ltd | Equity | ₹378.01 Cr | 0.95% |
| Go Digit General Insurance Ltd | Equity | ₹375.51 Cr | 0.95% |
| Oil & Natural Gas Corp Ltd | Equity | ₹373.29 Cr | 0.94% |
| Grasim Industries Ltd | Equity | ₹373.27 Cr | 0.94% |
| Cummins India Ltd | Equity | ₹358.65 Cr | 0.90% |
| Hindustan Petroleum Corp Ltd | Equity | ₹348.98 Cr | 0.88% |
| Whirlpool of India Ltd | Equity | ₹324.23 Cr | 0.82% |
| One97 Communications Ltd | Equity | ₹322.05 Cr | 0.81% |
| GAIL (India) Ltd | Equity | ₹320.86 Cr | 0.81% |
| Treps | Cash - Repurchase Agreement | ₹315.72 Cr | 0.80% |
| Kajaria Ceramics Ltd | Equity | ₹313.55 Cr | 0.79% |
| Mphasis Ltd | Equity | ₹308.89 Cr | 0.78% |
| Container Corporation of India Ltd | Equity | ₹303.08 Cr | 0.76% |
| Prince Pipes And Fittings Ltd Ordinary Shares | Equity | ₹301.37 Cr | 0.76% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹286.71 Cr | 0.72% |
| Gateway Distriparks Ltd | Equity | ₹275.16 Cr | 0.69% |
| Bharat Electronics Ltd | Equity | ₹264.3 Cr | 0.67% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹245.48 Cr | 0.62% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹241.09 Cr | 0.61% |
| Deepak Nitrite Ltd | Equity | ₹231.25 Cr | 0.58% |
| L&T Finance Ltd | Equity | ₹222.34 Cr | 0.56% |
| Zomato Ltd | Equity | ₹216.55 Cr | 0.55% |
| Asian Paints Ltd | Equity | ₹203.89 Cr | 0.51% |
| Power Finance Corp Ltd | Equity | ₹197.66 Cr | 0.50% |
| Jubilant Foodworks Ltd | Equity | ₹197.44 Cr | 0.50% |
| Hindustan Unilever Ltd | Equity | ₹188.33 Cr | 0.47% |
| Timken India Ltd | Equity | ₹185.27 Cr | 0.47% |
| Chemplast Sanmar Ltd | Equity | ₹178.9 Cr | 0.45% |
| Titan Co Ltd | Equity | ₹173.39 Cr | 0.44% |
| Sona BLW Precision Forgings Ltd | Equity | ₹161.49 Cr | 0.41% |
| United Spirits Ltd | Equity | ₹159 Cr | 0.40% |
| Tata Power Co Ltd | Equity | ₹158.57 Cr | 0.40% |
| Century Plyboards (India) Ltd | Equity | ₹150.29 Cr | 0.38% |
| Craftsman Automation Ltd | Equity | ₹139.73 Cr | 0.35% |
| JK Cement Ltd | Equity | ₹137.54 Cr | 0.35% |
| Syngene International Ltd | Equity | ₹102.56 Cr | 0.26% |
| PB Fintech Ltd | Equity | ₹102.43 Cr | 0.26% |
| UPL Ltd | Equity | ₹62.78 Cr | 0.16% |
| Mahindra & Mahindra Ltd | Equity | ₹24.34 Cr | 0.06% |
| Eicher Motors Ltd | Equity | ₹20.05 Cr | 0.05% |
| Divi's Laboratories Ltd | Equity | ₹8.47 Cr | 0.02% |
| Net Receivables / (Payables) | Cash | ₹2.94 Cr | 0.01% |
| Hindalco Industries Ltd | Equity | ₹1.94 Cr | 0.00% |
| Mirae Asset Liquid Dir Gr | Mutual Fund - Open End | ₹0.04 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
53.45%
Mid Cap Stocks
35.32%
Small Cap Stocks
9.48%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹9,921.95 Cr | 24.99% |
| Consumer Cyclical | ₹6,164.36 Cr | 15.53% |
| Industrials | ₹4,924.01 Cr | 12.40% |
| Healthcare | ₹4,292.82 Cr | 10.81% |
| Basic Materials | ₹4,084.45 Cr | 10.29% |
| Technology | ₹3,214.18 Cr | 8.10% |
| Energy | ₹2,009.69 Cr | 5.06% |
| Communication Services | ₹1,791.46 Cr | 4.51% |
| Utilities | ₹1,428.9 Cr | 3.60% |
| Consumer Defensive | ₹833.09 Cr | 2.10% |
| Real Estate | ₹722.39 Cr | 1.82% |
Risk & Performance Ratios
Standard Deviation
This fund
12.51%
Cat. avg.
13.26%
Lower the better
Sharpe Ratio
This fund
0.98
Cat. avg.
1.11
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.16
Higher the better
Fund Managers
Neelesh Surana
Since July 2010
Ankit Jain
Since January 2019
Additional Scheme Detailsas of 31st July 2024
ISIN | INF769K01BI1 | Expense Ratio | 0.58% | Exit Load | 1.00% | Fund Size | ₹39,706 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty LargeMidcap 250 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Large & Mid- Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹849.33 Cr | 33.0% |
| Union Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹849.33 Cr | 31.2% |
| HSBC Large & Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹2768.75 Cr | 42.8% |
| HSBC Large & Mid Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹2768.75 Cr | 44.3% |
| Baroda BNP Paribas Large & Mid Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1443.47 Cr | 44.4% |
| Baroda BNP Paribas Large & Mid Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1443.47 Cr | 46.3% |
| Tata Large & Mid Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹8412.41 Cr | 31.9% |
| Navi Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹328.75 Cr | 25.5% |
| Navi Large & Midcap Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹328.75 Cr | 27.9% |
| UTI Core Equity Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3748.61 Cr | 47.2% |
About the AMC
Total AUM
₹1,93,693 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Mirae Asset Emerging Bluechip Direct Growth?
The NAV of Mirae Asset Emerging Bluechip Direct Growth, as of 10-Sep-2024, is ₹170.80.
What are the returns of Mirae Asset Emerging Bluechip Direct Growth?
The fund has generated 34.75% over the last 1 year and 17.42% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Mirae Asset Emerging Bluechip Direct Growth?
The fund's allocation of assets is distributed as 99.20% in equities, 0.00% in bonds, and 0.80% in cash and cash equivalents.
Who manages the Mirae Asset Emerging Bluechip Direct Growth?
The fund managers responsible for Mirae Asset Emerging Bluechip Direct Growth are:-
- Neelesh Surana
- Ankit Jain
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.