We have created a list of Tarrakki top 10 funds to invest. Each fund has a different investment strategy, and you can choose a fund that suits you the best.
Today’s fund falls under the Large and Mid-cap fund category. Large & Mid cap funds are open ended equity schemes investing minimum 35 per cent of total assets in equity and equity related instruments of large cap companies and a minimum of 35 per cent of total assets in mid cap stocks.
Mirae Asset Emerging Bluechip Fund Objectives
The investment objective of this fund is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity related securities of large cap and mid cap companies at the time of investment. From time to time,
the fund manager may also seek participation in other Indian securities to achieve optimal portfolio construction. This scheme does not guarantee or assure any returns.
Investment Style
The fund invests 35-65%+ in large cap companies (top 100 companies by market capitalization) & 35-65% in mid cap companies (companies not part of top 100 companies but fall within top 250 companies by market capitalization). The fund gives investors the opportunity to participate in the growth of emerging companies which have the potential to be tomorrow’s bluechip companies. The blue chip investment approach is bottoms up approach: driven by value investing, in growth oriented businesses. The investment approach is aimed at participating in high quality businesses up to a reasonable price and holding the same over an extended period of time.
AMC View
Mirae Emerging Bluechip Fund has AUM of Rs 35800 Crores and is currently holding 20 Lakh folios. It has a monthly SIP book of Rs 446 Crores. Mirae Emerging Bluechip Fund is an open ended Large and Midcap Fund. The fund aims to provide investors an opportunity to tap the growth potential and stability of large cap along with alpha generation capabilities of mid cap businesses in one portfolio.
Fund 5 Out 10
Mirae Emerging Bluechip Fund – Recommended Fund
Recommended blue chip Investment Duration – 3 years or more
Risk – Moderately High
Suitable for medium to log term goals
Minimum Blue Chip Investment Amount
Lumpsum – Restricted by AMC
SIP – Rs 1,000
Fund Size– Rs 8,218.9 Cr
1. UTI Nifty Index Fund
2. Mirae Asset Tax Saver Fund
3. Axis Focused 25 Fund
4. Nippon India Liquid Fund
5. Mirae Asset Emerging BlueChip Fund
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