The mirae asset emerging bluechip fund from Mirae Asset Mutual Funds aims to generate long-term capital appreciation by investing predominantly in emerging bluechip companies with sound corporate governance across multiple sectors. If you are an investor considering allocation to the focused large and mid-cap space and seeking exposure to quality companies with growth potential, this fund presents some compelling reasons to invest for long-term wealth creation.
The Mirae Asset Emerging Bluechip Fund is an open-ended equity scheme that invests a minimum of 65% in large and mid-cap stocks. The fund adopts a growth-focused approach, selecting emerging blue-chip companies across sectors based on strong fundamentals and corporate governance. Some features:
- Primarily large and mid-cap companies with sound governance
- A concentrated portfolio of high-conviction stock ideas
- Investments across market cycles to capture growth
- Fund manager with over 15 years of investment experience
Why Invest in the Fund
Here are some key reasons that make the Mirae Asset Emerging Bluechip Fund a compelling investment proposition:
- Focused Portfolio: The concentrated approach with 25–30 high-conviction stock ideas lends depth and focus to stock research to tap select emerging blue-chip opportunities.
- Governance-focused: By targeting companies with higher governance standards, the quality of portfolio holdings improves, ensuring alignment with minority shareholder interests.
- All Weather Performance: Through investments across market cycles and not just chasing momentum, the fund aims to contain downsides and participate in full market upside.
- Experienced Fund Management: The fund manager, Neelesh Surana, has over 15 years of experience with a demonstrated track record of performance through varying market conditions.
- Sector Diversification: Investments across sectors ensure no overconcentration in a single theme and buffer against sector-specific risks.
- Low Portfolio Overlap: Limited overlap with market benchmarks and peer funds provides potential for differentiated returns from unique portfolio picks.
Long-Term Wealth Creation
An important tenet of equity investing is to remain invested for long-term horizons to benefit from compounding. Some merits of long-term investment in the Mirae Asset Emerging Bluechip Fund:
- Participate in Business Growth Cycles: Holding through cycles allows compounding through fluctuating markets as emerging blue-chip companies evolve into large-cap players.
- Wealth Creation over Time: The potential to generate inflation-beat returns over 5-7-year periods makes it well aligned with wealth creation goals like retirement planning or kids’ education.
- Gainful Reinvestment of Dividends: Reinvesting earned dividends back into the Mirae Asset Emerging Bluechip Fund can provide a valuable boost to overall portfolio returns.
For investors seeking a concentrated large- and mid-cap equity portfolio of emerging blue-chip companies, the mirae asset mutual funds presents an attractive opportunity. Its focused approach, quality bias, all-weather performance focus, and an experienced fund manager with over 15 years of investment experience make it well-placed to generate long-term wealth creation with the potential to deliver inflation-beating returns over an investment horizon of 5 years or more. Creating an investment account on 5paisa and adopting a systematic investment plan with monthly investments can help in accumulating units consistently through varying market conditions to gain exposure to India’s corporate growth story and aid compounding of wealth creation over the long run.