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>Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl
Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl
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Equity
Direct
Large & Mid-Cap
NAV: ₹ 67.3 as on 27-01-2023
Fund Performance
174 people have invested ₹ 3.6L in mutual fund in the last three months
Fund Performance as on (19-Jan-23)
About the Fund
Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Neelesh Surana, Ankit Jain. The fund could potentially beat inflation in the long-run.
Key parameters
1) Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl has a NAV of ₹67.315 as on 27-01-2023.
2) Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl has ₹24055 Cr worth of assets under management (AUM) as on 30-11-2022 and is more than category average.
3) The fund has an expense ratio 0.69 %.
Fund Overview
Expense ratio | 0.69% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹24055 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1/₹1000 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 66.35% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
52.5%
Mid cap
35.5%
Small cap
11.7%
Sector Allocation
Financial Services
31.8%
Consumer Cyclical
15.4%
Basic Materials
10.8%
Tech
8.5%
Industrial
8.3%
Health
7.3%
Energy
4.6%
Utilities
4.5%
Consumer Defensive
4.4%
Communication
3.8%
Real Estate
0.5%
Top Holdings as on (31-Dec-22)
Equity Holdings72
Debt Holdings1
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
HDFC Bank Ltd | 5.89% | 0% | |
ICICI Bank Ltd | 4.83% | -0.9% | |
Axis Bank Ltd | 4.53% | -4.1% | |
Infosys Ltd | 3.76% | 0% | |
Reliance Industries Ltd | 3.76% | 0% |
See all
What changed
in last one month
AUM decreased by 588.3 Cr in last 1M
Dec'22 return underperformed benchmark
Change in AUM
Dec'22
₹ 24.1K Cr
Nov'22
₹ 24.6K Cr
Oct'22
₹ 23.7K Cr
Fund Returns vs Benchmark
Dec'22
2.59%
5.37%
Nov'22
3.67%
2.63%
Oct'22
2.59%
5.37%
Fund Return
Benchmark Return
Concentration Analysis as on (31-Dec-22)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
Bayer CropScience Ltd | 7.2% |
Shriram Finance Ltd | 7% |
Axis Bank Ltd | 3.3% |
Top Losers | 1M Return |
|---|---|
Infosys Ltd | -9% |
Reliance Industries Ltd | -6.5% |
ICICI Bank Ltd | -5.2% |
Peer Analysis
Fund Manager
Neelesh Surana
Fund Manager of Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl, since 9 July 2010
Top funds managed
Ankit Jain
Fund Manager of Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl, since 31 January 2019
Top funds managed
AMC details
Fund House
Mirae Asset Investment Managers (India) Private Limited
Total Schemes
Total AUM
₹1.19L Cr
as on 31-Dec-2022
Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Email
customercare@miraeasset.com
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 21.45% since inception which is more than its category average return of 14.78%
Fund Allocations
This fund has an allocation of 99.75% in Equity, 0% in Debt and 0.25% in Cash related instruments
AUM size ₹24055 Cr
This fund has AUM of ₹24055 Cr which is more than its category average of ₹ 4162 Cr
Expense Ratio 0.69%
This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.53%
Frequently Asked Questions
The current NAV of Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl is 67.32 as on 27-Jan-2023.
Existing (Absolute + CAGR)
Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -2.82% | -2.82% |
6 Month Returns | 2.36% | 2.36% |
1 Year Returns | -2.47% | -2.47% |
3 Years Returns | 61.26% | 17.27% |
5 Years Returns | 77.91% | 12.21% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.69 as on December 2022
24055 Cr as on December 2022
HDFC Bank Ltd(5.89%),ICICI Bank Ltd(4.83%),Axis Bank Ltd(4.53%),Reliance Industries Ltd(3.76%),Infosys Ltd(3.76%) as on December 2022
Financial Services(31.77%),Consumer Cyclical(15.36%),Basic Materials(10.73%) as on December 2022
The alpha ratio for the Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl | -5.78 | -0.23 | 1.44 |
As on December 2022
The alpha for Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl | 0.84 | 0.94 | 0.94 |
As on December 2022
The Beta for Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl | -0.36 | 0.7 | 0.47 |
As on December 2022
The sharpe ratio for Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl | 14.48 | 22.6 | 19.77 |
As on December 2022
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.01 as on December 2022. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Neelesh Surana,Ankit Jain are the fund managers of Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl
The Exit load of Mirae Asset Emerging Bluechip Fund Direct Plan Reinvestment of Income Distribution cum cptl wdrl is 1%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.