Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Large & Mid Cap Fund

Fund House : Mirae Asset Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 64.05 -0.46%
(as on 29th October, 2020)

Crisil Rank

Very good performance among peers

Fund Size

: ₹ 11466.25 Cr

(19.61% of Investment in Category)

Expense Ratio

: 0.79%

(1.18% Category average)

Risk-O-Meter

Moderately High

Large & Mid Cap Fund :Large & Mid Cap Fund : Fund has 99.35% investment in indian stocks of which 48.91% is in large cap stocks, 29.63% is in mid cap stocks, 9.29% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3-4 years and looking for high returns. At the same time, these investors should also be ready for possibility of moderate losses in their investments.

Axis Mid Cap Fund - Direct Plan (G)

3Y Return: 12.99%

5Y Return: 13.99%

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This Scheme

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Nifty 50

1.89%

7.31%

25.2%

3.43%

6.54%

9.01%

10.48%
NA
1.86%

6.72%

21.38%

0.93%

7.09%

8.63%

11.06%

NA
Gold

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VIP (Value Avg)

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Returns (NAV as on 29th October, 2020)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	22-Oct-20	9882.00	-1.18%	-	-1.16%	15/28
1 Month	29-Sep-20	10278.60	2.79%	-	1.86%	5/28
3 Month	29-Jul-20	10869.20	8.69%	-	6.72%	6/27
6 Month	29-Apr-20	12511.20	25.11%	-	21.38%	5/27
YTD	01-Jan-20	10392.50	3.92%	-	-1.24%	4/27
1 Year	29-Oct-19	10882.10	8.82%	8.80%	0.93%	2/25
2 Year	29-Oct-18	12896.90	28.97%	13.54%	7.09%	2/23
3 Year	27-Oct-17	12370.40	23.70%	7.33%	1.90%	1/22
5 Year	29-Oct-15	20075.20	100.75%	14.94%	8.63%	1/21
Since Inception	02-Jan-13	45409.40	354.09%	21.33%	11.06%	1/27

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 29th October, 2020)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	29-Oct-19	12000	13561.6	13.01 %	24.87 %
2 Year	29-Oct-18	24000	27748.91	15.62 %	14.6 %
3 Year	27-Oct-17	36000	42339.95	17.61 %	10.8 %
5 Year	29-Oct-15	60000	83275.56	38.79 %	13.06 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

Portfolio (Updated on 30th Sep,2020)

Portfolio Turnover Ratio : 75.00% | Category average turnover ratio is 258.26%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 99.35% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.35%

No of Stocks : 59 (Category Avg - 52.68) | Large Cap Investments : 48.91%| Mid Cap Investments : 29.63% | Small Cap Investments : 9.29% | Other : 11.52%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
HDFC Bank Ltd.	Banks	7750.3	6.76%	-0.33%	7.22% (Apr 2020)	6.29% (Jul 2020)	71.86 L	0.00
ICICI Bank Ltd.	Banks	5981.9	5.22%	-0.32%	6.16% (Oct 2019)	4.09% (Jun 2020)	1.69 Cr	9.75 L
Infosys Ltd.	Computers - software	5857.5	5.11%	0.91%	5.11% (Sep 2020)	2.51% (Feb 2020)	58.10 L	6.97 L
Axis Bank Ltd.	Banks	4357	3.80%	-0.37%	4.54% (Feb 2020)	3.23% (Nov 2019)	1.03 Cr	7.73 L
Bharti Airtel Ltd.	Telecom - services	3754.5	3.27%	-0.10%	3.37% (Aug 2020)	0% (Oct 2019)	89.19 L	14.85 L
Reliance Industries Ltd.	Refineries/marketing	3539.7	3.09%	-0.71%	5.59% (Mar 2020)	3.09% (Sep 2020)	15.84 L	-4.80 L
Tata Consultancy Services Ltd.	Computers - software	3489.2	3.04%	0.13%	3.14% (Jul 2020)	2.31% (Oct 2019)	14.00 L	-0.58 L
Max Financial Services Ltd.	Nbfc	3251.6	2.84%	0.07%	3.02% (Jun 2020)	2.17% (Oct 2019)	53.11 L	0.00
Voltas Limited	Engineering, designing, construction	3118.9	2.72%	0.12%	3.13% (Oct 2019)	1.81% (May 2020)	45.84 L	-0.50 L
- Mindtree Ltd.	Computers - software	2821.8	2.46%	0.00%	2.47% (Jul 2020)	1.56% (Oct 2019)	21.08 L	-3.05 L

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
Net Receivables	Net Receivables	0.35%
TREPS	TREPS	0.30%
MF Units	MF Units	0.00%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2020)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

20.21vs14.81

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

1.01vs0.65

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.26vs0.01

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.05vs0.01

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

3.28vs-1.02

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Canara Robeco Emerging Equities - Direct Plan - Growth	5	5987.35	2.02	8.98	23.65	8.93	5.00
Axis Growth Opportunities Fund - Direct Plan - Growth	NA	1412.97	1.65	7.83	21.14	8.53	0.00
Principal Emerging Bluechip Fund - Direct Plan - Growth	4	2119.37	2.01	8.70	22.11	5.90	2.01
Kotak Equity Opportunities Fund - Direct Plan - Growth	4	3757.00	2.54	6.19	21.95	5.89	4.69
Edelweiss Large and Mid Cap Fund - Direct Plan - Growth	4	516.81	2.36	7.09	21.07	3.21	5.49
L&T Large and Midcap Fund - Direct Plan - Growth	3	1196.26	1.30	8.23	21.67	3.08	0.69
LIC MF Large & Mid Cap Fund - Direct Plan - Growth	4	772.05	2.80	9.59	22.17	2.74	4.63
Quant Large and Mid Cap Fund - Direct Plan - Growth	NA	5.19	-1.82	-1.27	11.38	2.74	1.12
BOI AXA Large & Mid Cap Equity Fund - Direct Plan - Growth	3	178.68	2.34	6.94	18.89	2.63	0.99
Aditya Birla Sun Life Equity Advantage Fund - Direct Plan - Growth	3	4389.59	2.83	9.69	25.73	2.15	-0.42

Detailed Comparison

More Funds from Mirae Asset Mutual Fund

Out of 17 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 4 is/are ranked 4 * , 1 is/are ranked 2 * , 1 is/are ranked 1 * , and 9 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Mirae Asset Large Cap Fund - Direct Plan - Growth	4	18449.76	2.48	5.63	22.34	1.48	5.21
Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth	5	11466.25	2.79	8.69	25.11	8.80	7.33
Mirae Asset Tax Saver Fund - Direct Plan - Growth	5	4270.45	3.13	9.52	27.12	8.40	8.23
Mirae Asset Hybrid - Equity - Direct Plan - Growth	4	3735.09	2.33	3.80	16.34	4.70	6.66
Mirae Asset Focused Fund - Direct Plan - Growth	NA	3524.10	3.38	8.19	31.49	8.09	0.00
Mirae Asset Cash Management Fund - Direct Plan - Growth	4	2919.41	0.28	0.86	1.85	4.64	6.31
Mirae Asset Midcap Fund - Direct Plan - Growth	NA	2475.93	2.29	11.85	29.88	9.27	0.00
Mirae Asset Healthcare Fund - Direct Plan - Growth	NA	1006.15	-1.23	13.82	27.81	63.02	0.00
Mirae Asset Great Consumer Fund - Direct Plan - Growth	NA	1003.03	1.51	6.93	19.84	-1.72	6.75
Mirae Asset Savings Fund - Direct Plan - Growth	1	809.61	0.63	1.40	4.51	7.01	6.99