3 Year return

19.9%
Launched on January 2013 (11 years)

Investment Details

₹500

Minimum SIP Amount

₹1

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

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 Plan Growth

Mirae Asset Emerging Bluechip Fund Direct Growth, introduced by Mirae Asset Mutual Fund, is an Equity Mutual Fund Scheme. It takes a bottom-up approach to investing, focusing on value investments in growth-oriented companies. It aims to identify high-quality businesses with reasonable valuations and hold them in its portfolio for the long term, believing in their potential to deliver sustainable growth over time. The fund invests between 35% to 65% in both large and mid-cap companies.

Investment Objective of the Scheme

The investment objective of Mirae Asset Emerging Bluechip Fund Direct Plan Growth is to achieve income generation and capital appreciation. This is pursued through a well-diversified portfolio, mainly invested in Indian equities and equity-related securities of both large-cap and midcap companies at the time of investment. By strategically blending large and midcap companies, the fund aims to capitalise on growth prospects across various market segments.

Key Features of The Fund

5-year return 23%
Expense Ratio 0.62%
Fund Manager Neelesh Surana
Fund Size ₹35272.6 Cr
Risk Profile Very High

Is This Scheme Right for Me?

Investors focusing on long-term capital appreciation and wanting to tap into the growth potential of promising companies may find Mirae Asset Emerging Bluechip Fund an appealing investment option. This fund caters to individuals prioritising capital appreciation as a primary investment objective. Additionally, it exposes large and mid-cap stocks within a single portfolio, offering a balanced investment approach. However, it's important to note that the fund carries a moderately high-risk profile, making it suitable for investors with a relatively high-risk appetite.

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.

Leverage Expert Management for Your Investments with SIPs

Mutual funds are managed by experienced professionals who research and select investments based on the fund's objective. SIPs allow you to tap into this expertise without needing to actively manage your portfolio yourself. Use the SIP return calculator to calculate the potential growth of your mutual fund investment.

FAQs

What is today's NAV of Mirae Asset Large and Midcap Fund?

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 Jun 21 2024 is 160.263

What is the AUM of Mirae Asset Large and Midcap Fund?

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 is 35272.6 crore.

What is the expense ratio of Mirae Asset Large and Midcap Fund?

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 is 0.62%

What are the returns of Mirae Asset Large and Midcap Fund since inception?

The Mirae Asset Large and Midcap Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 23.62 since inception.

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

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 is 500.

How do I invest in Mirae Asset Large and Midcap Fund?

  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?

  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?

  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?

  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.