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Mirae Asset Emerging Bluechip Direct Growth
EquityLarge & Mid-CapVery High Risk
Direct
NAV (21-Nov-24)
₹157.38-0.46%1D
Returns (Since Inception)
22.56%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹38,166 Cr
Expense Ratio
0.61%
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, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹157.38, Assets Under Management (AUM) of 38166.21 Crores, and an expense ratio of 0.61%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹157.38, Assets Under Management (AUM) of 38166.21 Crores, and an expense ratio of 0.61%.
- Mirae Asset Emerging Bluechip Direct Growth has given a CAGR return of 22.56% since inception.
- The fund's asset allocation comprises around 99.21% in equities, 0.00% in debts, and 0.79% 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
+24.06%
+31.14% (Cat Avg.)
3 Years
+13.20%
+16.74% (Cat Avg.)
5 Years
+21.25%
+20.94% (Cat Avg.)
10 Years
+19.19%
+14.89% (Cat Avg.)
Since Inception
+22.56%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹37,864.38 Cr | 99.21% |
| Others | ₹301.83 Cr | 0.79% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹2,030.66 Cr | 5.32% |
| Axis Bank Ltd | Equity | ₹1,550.93 Cr | 4.06% |
| State Bank of India | Equity | ₹1,324.14 Cr | 3.47% |
| Larsen & Toubro Ltd | Equity | ₹1,202.02 Cr | 3.15% |
| ICICI Bank Ltd | Equity | ₹865.86 Cr | 2.27% |
| Kotak Mahindra Bank Ltd | Equity | ₹801.01 Cr | 2.10% |
| Infosys Ltd | Equity | ₹771.91 Cr | 2.02% |
| Tata Steel Ltd | Equity | ₹714.59 Cr | 1.87% |
| Tata Consultancy Services Ltd | Equity | ₹708.39 Cr | 1.86% |
| Wipro Ltd | Equity | ₹703.61 Cr | 1.84% |
| Tata Motors Ltd | Equity | ₹687.87 Cr | 1.80% |
| Delhivery Ltd | Equity | ₹648.98 Cr | 1.70% |
| Bharti Airtel Ltd | Equity | ₹611.56 Cr | 1.60% |
| Gland Pharma Ltd | Equity | ₹608.81 Cr | 1.60% |
| Tata Power Co Ltd | Equity | ₹598.59 Cr | 1.57% |
| FSN E-Commerce Ventures Ltd | Equity | ₹585.98 Cr | 1.54% |
| Aurobindo Pharma Ltd | Equity | ₹577.48 Cr | 1.51% |
| Gujarat State Petronet Ltd | Equity | ₹572.16 Cr | 1.50% |
| Reliance Industries Ltd | Equity | ₹571.68 Cr | 1.50% |
| One97 Communications Ltd | Equity | ₹550.16 Cr | 1.44% |
| Vedanta Ltd | Equity | ₹540.65 Cr | 1.42% |
| InterGlobe Aviation Ltd | Equity | ₹536.46 Cr | 1.41% |
| Indian Bank | Equity | ₹515.1 Cr | 1.35% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹514.14 Cr | 1.35% |
| Go Digit General Insurance Ltd | Equity | ₹506.26 Cr | 1.33% |
| Prestige Estates Projects Ltd | Equity | ₹503.42 Cr | 1.32% |
| Hindustan Petroleum Corp Ltd | Equity | ₹503.19 Cr | 1.32% |
| SKF India Ltd | Equity | ₹492.5 Cr | 1.29% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹489.54 Cr | 1.28% |
| Bharat Electronics Ltd | Equity | ₹480.94 Cr | 1.26% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹480.3 Cr | 1.26% |
| Lupin Ltd | Equity | ₹467.71 Cr | 1.23% |
| HDFC Asset Management Co Ltd | Equity | ₹464.66 Cr | 1.22% |
| Tata Communications Ltd | Equity | ₹457.48 Cr | 1.20% |
| The Federal Bank Ltd | Equity | ₹441.84 Cr | 1.16% |
| SRF Ltd | Equity | ₹435.54 Cr | 1.14% |
| Motherson Sumi Wiring India Ltd | Equity | ₹432.03 Cr | 1.13% |
| HCL Technologies Ltd | Equity | ₹430.88 Cr | 1.13% |
| Ceat Ltd | Equity | ₹412.82 Cr | 1.08% |
| ACC Ltd | Equity | ₹408.24 Cr | 1.07% |
| Zomato Ltd | Equity | ₹408.21 Cr | 1.07% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹392.29 Cr | 1.03% |
| Bata India Ltd | Equity | ₹391.35 Cr | 1.03% |
| Whirlpool of India Ltd | Equity | ₹386.27 Cr | 1.01% |
| GAIL (India) Ltd | Equity | ₹380.92 Cr | 1.00% |
| Fortis Healthcare Ltd | Equity | ₹377.2 Cr | 0.99% |
| Cummins India Ltd | Equity | ₹373.93 Cr | 0.98% |
| LIC Housing Finance Ltd | Equity | ₹371.99 Cr | 0.97% |
| Mphasis Ltd | Equity | ₹355.71 Cr | 0.93% |
| Page Industries Ltd | Equity | ₹353.2 Cr | 0.93% |
| Power Finance Corp Ltd | Equity | ₹350.31 Cr | 0.92% |
| ITC Ltd | Equity | ₹349.06 Cr | 0.91% |
| Coal India Ltd | Equity | ₹333.16 Cr | 0.87% |
| PB Fintech Ltd | Equity | ₹332.97 Cr | 0.87% |
| Treps | Cash - Repurchase Agreement | ₹320.39 Cr | 0.84% |
| L&T Finance Ltd | Equity | ₹318.64 Cr | 0.83% |
| Apollo Tyres Ltd | Equity | ₹312.73 Cr | 0.82% |
| Grasim Industries Ltd | Equity | ₹269.2 Cr | 0.71% |
| Maruti Suzuki India Ltd | Equity | ₹263.49 Cr | 0.69% |
| Kajaria Ceramics Ltd | Equity | ₹262.01 Cr | 0.69% |
| Jindal Steel & Power Ltd | Equity | ₹251.48 Cr | 0.66% |
| Oil & Natural Gas Corp Ltd | Equity | ₹246.61 Cr | 0.65% |
| Ola Electric Mobility Ltd | Equity | ₹243.5 Cr | 0.64% |
| Century Plyboards (India) Ltd | Equity | ₹232.04 Cr | 0.61% |
| Gateway Distriparks Ltd | Equity | ₹220.14 Cr | 0.58% |
| Syngene International Ltd | Equity | ₹217.22 Cr | 0.57% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹213.25 Cr | 0.56% |
| Prince Pipes And Fittings Ltd Ordinary Shares | Equity | ₹211.68 Cr | 0.55% |
| General Insurance Corp of India | Equity | ₹205.79 Cr | 0.54% |
| Cyient Ltd | Equity | ₹200.64 Cr | 0.53% |
| Deepak Nitrite Ltd | Equity | ₹197.15 Cr | 0.52% |
| Craftsman Automation Ltd | Equity | ₹193.36 Cr | 0.51% |
| Hindalco Industries Ltd | Equity | ₹186.82 Cr | 0.49% |
| National Aluminium Co Ltd | Equity | ₹178.1 Cr | 0.47% |
| Mahindra & Mahindra Ltd | Equity | ₹163.62 Cr | 0.43% |
| Asian Paints Ltd | Equity | ₹161.47 Cr | 0.42% |
| CarTrade Tech Ltd | Equity | ₹149.7 Cr | 0.39% |
| Timken India Ltd | Equity | ₹145.8 Cr | 0.38% |
| Bajaj Finance Ltd | Equity | ₹145.4 Cr | 0.38% |
| Titan Co Ltd | Equity | ₹132.67 Cr | 0.35% |
| Dr Reddy's Laboratories Ltd | Equity | ₹130.98 Cr | 0.34% |
| Container Corporation of India Ltd | Equity | ₹122.89 Cr | 0.32% |
| Ambuja Cements Ltd | Equity | ₹119.95 Cr | 0.31% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹116.27 Cr | 0.30% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹110.18 Cr | 0.29% |
| NMDC Ltd | Equity | ₹104.8 Cr | 0.27% |
| NTPC Ltd | Equity | ₹96.23 Cr | 0.25% |
| P N Gadgil Jewellers Ltd | Equity | ₹94.37 Cr | 0.25% |
| Varun Beverages Ltd | Equity | ₹75.73 Cr | 0.20% |
| Multi Commodity Exchange of India Ltd | Equity | ₹63.04 Cr | 0.17% |
| Zydus Lifesciences Ltd | Equity | ₹52.34 Cr | 0.14% |
| Bharat Forge Ltd | Equity | ₹44.33 Cr | 0.12% |
| Hindustan Unilever Ltd | Equity | ₹36.74 Cr | 0.10% |
| Net Receivables / (Payables) | Cash | ₹-18.6 Cr | 0.05% |
| Divi's Laboratories Ltd | Equity | ₹10.14 Cr | 0.03% |
| United Spirits Ltd | Equity | ₹7.22 Cr | 0.02% |
| Mirae Asset Liquid Dir Gr | Mutual Fund - Open End | ₹0.04 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
51.44%
Mid Cap Stocks
35.55%
Small Cap Stocks
11.33%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹10,888.32 Cr | 28.53% |
| Consumer Cyclical | ₹5,647.8 Cr | 14.80% |
| Industrials | ₹4,898 Cr | 12.83% |
| Basic Materials | ₹3,800.02 Cr | 9.96% |
| Technology | ₹3,520.66 Cr | 9.22% |
| Healthcare | ₹3,251.7 Cr | 8.52% |
| Energy | ₹1,654.65 Cr | 4.34% |
| Utilities | ₹1,647.89 Cr | 4.32% |
| Communication Services | ₹1,583.18 Cr | 4.15% |
| Real Estate | ₹503.42 Cr | 1.32% |
| Consumer Defensive | ₹468.75 Cr | 1.23% |
Risk & Performance Ratios
Standard Deviation
This fund
13.30%
Cat. avg.
13.87%
Lower the better
Sharpe Ratio
This fund
0.68
Cat. avg.
0.85
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.54
Higher the better
Fund Managers
Neelesh Surana
Since July 2010
Ankit Jain
Since January 2019
Additional Scheme Detailsas of 31st October 2024
ISIN INF769K01BI1 | Expense Ratio 0.61% | Exit Load 1.00% | Fund Size ₹38,166 Cr | Age 11 years 10 months | 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:
Dividend Taxation:
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 | 0.9% | 1.0% | ₹833.86 Cr | 23.6% |
| Union Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹833.86 Cr | 21.8% |
| HSBC Large & Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3718.04 Cr | 37.2% |
| HSBC Large & Mid Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹3718.04 Cr | 38.6% |
| Baroda BNP Paribas Large & Mid Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1437.13 Cr | 35.3% |
| Baroda BNP Paribas Large & Mid Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹1437.13 Cr | 37.1% |
| Tata Large & Mid Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹8390.40 Cr | 23.1% |
| Navi Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹316.32 Cr | 20.0% |
| Navi Large & Midcap Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹316.32 Cr | 22.3% |
| UTI Core Equity Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3976.41 Cr | 34.7% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,99,057 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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What is the current NAV of Mirae Asset Emerging Bluechip Direct Growth?
The NAV of Mirae Asset Emerging Bluechip Direct Growth, as of 21-Nov-2024, is ₹157.38.
What are the returns of Mirae Asset Emerging Bluechip Direct Growth?
The fund has generated 24.06% over the last 1 year and 13.20% 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 99.21% in equities, 0.00% in bonds, and 0.79% 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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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, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.