Mirae Asset Emerging Bluechip Fund

The fund has a 99.06% investment in domestic securities. Of this, 44% of investment is in Large Cap Stocks, 27.32 % is in Mid Cap Stocks, and 8.34 % is in small Cap Stocks. It is primarily suitable for investors looking for high returns by investing their money for three to four years.

The large-cap companies in which the fund invests around 65% are top 100 companies by market capitalisation, and the mid-cap companies where the fund invests around 65% are the companies that are not a part of the top 100 companies. Still, they fall within the top 250 companies by market capitalisation.

Investors get an opportunity to participate in the growth of emerging companies. These companies have the potential to be tomorrow’s blue-chip companies.

Pros and cons

How to invest in Mirae Asset Emerging Bluechip fund?

It is essential to complete all the KYC formalities, which can be done online and would just require a few minutes to complete. Once done, you can easily invest in Mirae Asset Emerging Bluechip Fund Direct-Growth via SIP or lump sum. This would depend on the investment objective and risk tolerance.

Investors seeking capital appreciation can invest in Mirae Asset Emerging Bluechip Fund. It is best suited to investors who have moderate high-risk appetites and who want long investment horizons.

What is the expense Ratio of the Mirae Asset Emerging Bluechip fund?

The total expense ratio represents the annual fund operating of a particular scheme. This is expressed as a %age of the fund’s daily net assets. According to the current regulations, the total expense ratio (TER) is allowed 2.25 % for the first 500 crores, 2 % for the next 250 crores, 1.75 % for the next 1250 crores, 1.60 % for the next 3000 crores, and 1.50 % for the next 5000 crores.

How to redeem Mirae Asset Emerging Bluechip fund holding?

You can go to your holding on the app and click on the fund name. There will be two options: Invest More and Redeem. Click on redeem and enter the number of units you desire to redeem, or you can tick on "Redeem all units".

Who should invest in the Mirae Asset Emerging Bluechip fund?

The investors who can steadily invest in the Mirae Asset Emerging Bluechip Fund should aim primarily for capital appreciation and people who want to be exposed to both large and midcap stocks through a single portfolio. Investors who want to invest for a long time, which could be at least 3 years or even longer, and investors with moderately high-risk appetites can invest in this fund.

What are the benefits of investing in the Mirae Asset Emerging Bluechip fund?

Investors of these funds would get to participate in the growth of emerging companies, and these companies have the potential to be the blue-chip companies of the future. Along with this, there is a potential for wealth creation in the long term.

Limiting the volatility is the main aim of the scheme mandate, with a minimum of 35 % large-cap exposure. Also, the fund has outperformed the benchmark it has set for the last 10 years.

The ability of the fund to deliver returns is in-line with most of the funds that belong to this category. It can control losses in a failing market and is above average. The majority of the money is invested in the Financial, Automobile, Energy, Technology, and Healthcare Sectors.

The AUM or Asset Under Management is the total value of a mutual fund scheme’s assets. It is a good indicator of the fund’s popularity, and a high AUM would indicate that a lot of money is invested, and these investors prefer investing in the fund.