3 Year return

22.22%
Launched on January 2013 (11 years)

Investment Details

₹500

Minimum SIP Amount

₹1

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹35272.6 Cr.

Expense Ratio

0.62% (inclusive of GST)

Exit Load

15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.

Ratings

ARQ Rating
3

Ratings by other agencies

5
3
5

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Mirae Asset Mutual Fund Managers

NS

Neelesh Surana

Fund Manager since Nov 2015

View Details

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Mutual Fund Asset management company

AUM ₹164,467.60 Cr.
No. of Schemes 107
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Mirae Asset Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About Mirae Asset Emerging Bluechip Fund Direct IDCW Reinvestment

The Mirae Asset Emerging Bluechip Fund Direct IDCW Reinvestment is managed by Mirae Asset Mutual Fund. This fund belongs to the equity - large and mid-cap" category, indicating its focus on investing in both large-cap and mid-cap stocks. The Mirae Asset Emerging Bluechip Fund Direct IDCW Reinvestment is an open-ended fund. This means you can invest in or redeem units of the fund at any time, offering liquidity and flexibility. The expense ratio of the Mirae Asset Emerging Bluechip Fund Direct IDCW Reinvestment is higher than the category average. This means that you will pay more in fees for investing in this fund.

Investment Objective of the Scheme

The investment objective of the Mirae Asset Emerging Bluechip Fund Direct IDCW Reinvestment is to achieve long-term capital appreciation by investing predominantly in equity and equity-related instruments of large and mid-cap companies. The fund aims to identify companies with strong growth potential and deliver attractive returns over the long run.

Key Features of The Fund

5-year return 24.65%
Expense Ratio 0.62%
Fund Manager Neelesh Surana
Fund Size ₹35272.6 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This fund is suitable for investors with a moderate to high-risk tolerance who have a long-term investment horizon. The blend of large-cap and mid-cap stocks suggests a focus on stability from large-caps, and growth potential from mid-caps. If you're comfortable with market fluctuations and are interested in participating in the growth of both established and promising companies, this fund could align with your investment goals.

AMC Contact Details

Name Mirae Asset Mutual Fund
Launch Date November 2007
Addresss Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098.
Contact 1800-2090-777
Email customercare@miraeasset.com
Website https://www.miraeassetmf.co.in/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Start Investing Early with SIPs

SIPs make mutual fund investing accessible. With a small, fixed amount, you can begin your investment journey and benefit from the power of compounding over time. Use Angel One's SIP calculator to determine a comfortable investment amount to reach your financial goals.

FAQs

What is today's NAV of Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment Jun 20 2024 is 87.895

What is the AUM of Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment is 35272.6 crore.

What is the expense ratio of Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment is 0.62%

What are the returns of Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment since inception?

The Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment was launched on Jan 01 2013. The fund has delivered a CAGR of 24.03 since inception.

What is the minimum SIP amount to invest in Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment is 500.

How do I invest in Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.