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Mutual Fund Review – Mirae Asset Emerging Bluechip

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Fund Name: Mirae asset emerging bluechip (G)

CRISIL Rank: 1

Category: Equity – Small and Mid cap

Expense Ratio: 2.77%

Risk Level: Below average

Benchmark: CNX Midcap

Objective: To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of companies which are not part of the top 100 stocks by market capitalization and have market capitalization of at least Rs.100 Crores at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity related securities to achieve optimal Portfolio construction. The Scheme does not guarantee or assure any returns.

Returns (Annualized)


Our Review

Mirae asset emerging bluechip (G) fund has made its inception in the year 2010. Since inception, it has produced annualized returns of 16.84%. It has managed to beat the benchmark index as well as category average consistently in the 1 and 3 year returns.

Top 5 holdings of the fund include CCI, Federal bank, Tech Mahindra, IPCA labs and Divi’s labs. The fund invests 58% of assets into mid caps, 15% in large caps and the 27% in small caps. The stock picks of the fund manager have been brilliant, which is reflected in the returns till date.

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