Fundcard

Mirae Asset Emerging Bluechip Fund - Regular Plan

Value Research Fund Rating as on Jan 31, 2018

Open-ended and Equity: Mid Cap

Risk Grade – Low

Return Grade – High

NAV – Rs. 49.91 as on Feb 28, 2018

Net Assets – Rs. 5301.6 crore as on Jan 31, 2018

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Mirae Asset Emerging Bluechip Fund - Regular Plan
Rating: Fund Performance Vs Nifty Free Float Midcap 100
Risk: Low
Return: High

Fund
Nifty Free Float Midcap 100

(Rebased to 10,000)

History 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
NAV (Rs) - - 11.25 9.55 13.90 15.10 27.87 31.80 35.66 53.14 49.91
Total Return (%) - - - -15.15 45.56 8.61 84.62 14.08 12.17 49.01 -6.09
+/- Nifty Free Float Midcap 100 - - - - - - - - - - -
+/- S&P BSE Sensex - - - 9.49 19.86 -0.37 54.73 19.11 10.22 21.10 -6.46
Rank (Fund/Category) - - - 1/48 8/42 8/47 7/78 10/71 10/79 18/91 68/85
52 Week High (Rs) - - - 11.75 13.90 15.10 27.87 32.46 39.62 53.14 -
52 Week Low (Rs) - - - 9.37 9.51 11.49 14.60 27.37 27.04 35.89 -
Net Assets (Rs.Cr) - - 23.94 95.72 127.57 157.28 579.62 1054.32 2906.88 4913.65 -
Expense Ratio (%) - - 2.50 2.50 2.47 2.77 2.60 2.55 2.39 2.37 -

Top Holdings Quarterly Returns (%)

Company Sector P/E YTD % Assets Q1 Q2 Q3 Q4 Year

Tata Global Beverages FMCG 33.00 -12.66 3.84 2017 19.31 6.83 3.65 12.80 49.01
ICICI Bank Financial 26.40 -0.16 3.82 2016 -6.37 13.21 11.53 -5.12 12.17
Kotak Mahindra Bank Financial 52.90 7.89 3.51 2015 4.92 2.26 2.03 4.20 14.08
Raymond Textiles 51.30 -9.55 3.48 2014 13.69 26.46 14.61 12.04 84.62
HDFC Bank Financial 29.60 0.55 2.99 2013 -8.76 0.06 -2.22 21.67 8.61
Federal Bank Financial 19.10 -13.37 2.96
Info Edge (India) Services 66.70 -7.65 2.95 Trailing Returns (%)
Tata Steel Metals 17.80 -8.29 2.94 Return Rank Nifty Free SIP
Float Midcap
Indusind Bank Financial 29.70 1.79 2.88 Fund Category Fund/Cat 100 Return
Ceat Automobile 24.10 -18.01 2.84 Year-to-Date -6.09 -4.77 68/85 -6.95 -
Havells India Engineering 55.00 -9.77 2.83 3-Month -2.08 -0.80 65/85 -1.16 -21.14
Voltas Cons Durable 42.20 -7.16 2.79 6-Month 6.41 7.83 63/85 7.59 -0.85
Grasim Industries Construction 45.00 -1.00 2.52 1-Year 22.83 23.14 42/83 19.32 11.49
Torrent Pharmaceuticals Healthcare 60.70 -3.35 2.36 2-Year 35.30 30.34 13/79 30.43 23.88
Infosys Technology 15.20 12.98 2.19 3-Year 19.40 13.77 4/77 14.44 22.46
Exide Industries Engineering 27.70 -7.02 2.19 5-Year 31.13 24.94 4/65 21.12 29.05
Tata Chemicals Chemicals 33.90 -3.41 2.18 7-Year 26.08 19.55 1/33 15.04 28.01
Adani Ports and Special Services 32.30 0.89 2.18 10-Year - - - - -
GAIL Energy 20.10 -8.08 2.10 Return less than 1-year are absolute and over 1 year are annualised
SRF Diversified 27.60 -4.31 2.09
Apollo Hospitals Healthcare 75.00 -0.20 2.06 Top 10 Sector Weights (%) Risk Analysis
Bharat Financial Inclusion Financial 2.86 2.05 Volatility Measurements
Fund Nifty FF Mid 100
Vinati Organics Chemicals 30.80 -14.74 2.04
Financial 26.34 - Standard Deviation 13.90
Finolex Cables Engineering 30.90 1.20 1.98
Petronet LNG Energy 18.40 -3.01 1.78 Healthcare 9.17 - Sharpe Ratio 1.25
FMCG 8.86 - Beta 0.87
FUND STYLE Chemicals 8.72 - R-Squared 0.69
Portfolio Characteristics Investment Style Engineering 8.33 - Alpha 11.64
Growth Blend Value
Total Stocks 63 Services 7.91 -
Large Medium Small

Avg Mkt Cap (Rs.Cr) Composition (%)

Capitalisation

25194 Automobile 5.22 -

Portfolio P/B Ratio 2.98 Energy 5.12 - Equity 98.82
Portfolio P/E Ratio 29.34 Construction 5.05 - Debt 0.96
3Y Earnings Growth (%) 6.26 Metals 3.55 - Cash 0.22
Returns as on February 28, 2018, Portfolio related data as on January 31, 2018
Best Performance Value Research Analysis Fund Objective & Strategy
YEAR 107.82%
The standout feature of this fund is its ability to hold onto its five-star To generate income and
ranking without even a small blip since it made its debut in the ratings. capital appreciation from a
This fund lives up to the 'blue-chip' tag in its name by scouting for quality
diversified portfolio
names in the mid-cap space. It has outpaced both its benchmark and
peers every year since its launch in 2011. The fund has the leeway to predominantly investing in
invest up to 35 per cent of assets in the top 100 companies by market Indian equities and equity
cap, with 65 per cent parked in mid-cap stocks. The fund prefers to select related securities of
its portfolio candidates from companies which generate operating profits companies which are not part
QUARTER 31.74% of around Rs 100 crore. It consciously avoids tiny businesses or micro
of the top 100 stocks by
caps. Though quality conscious, the fund has avoided the temptation to
chase quality at any price. This is one of the key factors contributing to market capitalization and have
its consistency. The fund's returns have stayed ahead of both benchmark market capitalization of atleast
and category returns on a one, three and five-year CAGR, unusual for Rs.100 Crores at the time of
the category. While many mid-cap funds have found it a struggle to stay
investment.
ahead of the benchmarks in the last one year, this fund has managed it.
The fund has shown ability to keep up with both style and sector rotation
MONTH in the markets through timely portfolio shifts. On three and five-year
19.35%
returns, it has outperformed its benchmark by 6 to 11 percentage points
and the category by 6 to 7 percentage points. Bull or bear phases have
gone equally well for the fund during its short tenure, though it is yet to
come up against a vicious bear phase like in 2008.

Portfolio Manager

Neelesh Surana
Worst Performance Since May 2010

YEAR -15.52%

QUARTER -19.97%

MONTH -12.25%
Investment Information

AMC : Mirae Asset Global Investments (India) Pvt.Ltd. Min Investment (Rs.) : 5000
Website : www.miraeassetmf.co.in Min SIP Investment (Rs.) : 1000
Registrar : Karvy Computershare Pvt Ltd. Exit Load : 1% for redemption within 365 days
Launch : July 2010
Benchmark : Nifty Free Float Midcap 100
All the graphs are rebased to 10,000 Plans (NAV) : Dividend (29.95) , Growth (49.91)

NAV Nifty Free Float Midcap 100

How to Read the Fundcard - Equity

Value Research Rating, Risk and Return

z Fund Rating — The Value Research Fund Rating is a 1 to 5 star rating that is based on the returns that an equity fund has generated over the pre-
vious three and five years, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type.
z Risk Grade — A five-step grading of the riskiness of a fund, based on the losses it has suffered during the past five years. This grade is relative to
other fund of the same type.
z Returns Grade — A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Fund Performance Vs Index
Data on the fund’s performance Sample Mutual Fund
since its launch. Graph of how an investors’ money
Rating:  Fund Performance Vs S&P CNX Nifty
z NAV (Year End) — The last Risk: Low 90000
would have grown in the fund since
NAV of each year. Return: Above Average its launch. A similar graph of the
70000
z Total Return — The percent- Fund
fund’s benchmark index is also
age returns that an investor S&P CNX Nifty
50000
given. For ease of comparison,
would have got over the (Rebased to 10,000) 30000 both have been adjusted to start at
year. 10000
10,000.
z +/- — In the given year, a History 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

comparison of the fund’s NAV (Rs) - - - - 10.33 19.71 23.94 33.94 50.13 81.34 41.89
Total Return (%) - - - - - 90.80 21.46 41.77 47.70 62.26 -48.50
returns with that of two stock +/-S&P CNX Nifty (%) - - - - - 18.90 10.78 5.43 7.87 7.49 3.29
market indices +/-BSE 200 (%) - - - - - -3.67 5.77 7.97 8.12 1.82 7.96
Rank (Fund/Category) - - - - - 54/70 50/79 65/101 27/145 71/162 34/192
z Rank — The fund’s perform- 52 Week High (Rs) - - - - 10.33 19.71 23.94 33.94 50.76 81.46 83.52
ance rank within its category 52 Week Low (Rs) - - - - 8.84 9.91 16.36 22.34 32.26 46.06 36.49

for the year and the total Net Assets (Rs.Cr)

Expense Ratio (%)
-
-
-
-
-
-
-
-
51.40
2.49
15.15
2.50
9.11
2.50
140.54
2.50
124.74
2.50
374.84
2.35
343.03
2.31
number of funds out of Top Holdings Quarterly Returns (%) Quarterly Returns (%)
which it has been ranked. Company Sector P/E 2008 Ret % Assets Q1 Q2 Q3 Q4 Year

z 52-Week NAV Range — The Bharti Airtel Communication 18.56 -28.10 6.49 2008 -24.24 -14.18 -2.23 -18.97 -48.50 The funds’ returns over each quar-
highest and the lowest NAV
Reliance Industries
ONGC
Energy
Energy
11.50
8.31
-57.30
-46.00
5.42
4.50
2007
2006
-1.42
19.42
14.53
-7.25
16.01
19.39
23.88
11.70
62.26
47.70
ter of the last five years, along with
that the fund recorded dur- HDFC Bank Financial 20.67 -42.26 3.93 2005 -0.04 6.52 23.26 8.02 41.77 the entire year’s returns.
HDFC Financial 17.10 -48.21 3.51 2004 0.71 -13.50 15.08 21.15 21.46
ing that year Satyam Computer Services Technology 7.86 -62.12 3.16
Trailing Returns (%)
z Net Assets — The total
ITC FMCG 21.00 -18.47 2.72
Axis Bank Financial 10.42 -47.82 2.70 Return Rank S&P SIP
amount of investor’s assets Infosys Technologies Technology 14.29 -36.79 2.64 Fund Category Fund/Cat CNX Nifty Return
United Spirits FMCG 23.26 -55.48 2.34
that the fund was managing
Year-to-Date -48.50 -55.29 34/192 -51.79 -40.18
ICICI Bank Financial 9.49 -63.62 2.26 3-Month -18.97 -22.88 41/213 -24.53 -0.86
at the end of the year. Dr. Reddy's Lab
State Bank of India
Health Care
Financial
13.61
9.39
-36.12
-45.67
2.19
2.13
6-Month -20.78 -27.09 38/209 -26.76 -33.43
Trailing Returns (%)
1-Year -48.50 -55.29 34/192 -51.79 -40.18
z Expense Ratio — The per- Crompton Greaves Engineering 12.29 -65.84 2.12 2-Year -8.59 -16.06 22/158 -13.63 -24.19

centage of the average daily

Indian Oil Energy -- -46.33 1.95 3-Year 7.27 -1.39 12/134 1.42 -9.43 Performance data for various stan-
Cipla Health Care 22.87 -12.09 1.70
assets that the fund charged Sterlite Industries Metals 11.81 -74.80 1.61
5-Year
7-Year
16.27 12.91
- -
19/67
-
9.50
-
9.90
-
dard periods. All returns are in per-
as its management expens-
Reliance Communications
Jindal Steel & Power
Communication
Metals
22.87
7.07
-69.56
-70.31
1.51
1.46
10-Year - - - - - centage. Periods greater than a
Return less than 1-year are absolute and over 1 year are annualised
es during the year. Larsen & Toubro Diversified 17.65 -62.88 1.43
Top 10 Sector Weights (%) Risk Analysis year are annualised, shorter peri-
ods are not.
Zee Entertainment Services 16.01 -57.45 1.41
CESC Energy 6.21 -62.11 1.37 Fund Nifty Volatility Measurements
Tata Consultancy Services Technology 12.79 -55.87 1.36 Financial 16.24 11.90 Standard Deviation 28.32 z Fund — The fund’s own
ING Vysya Bank Financial 8.89 -50.78 1.35 Energy 14.67 37.49
Nestle India FMCG 26.11 -3.14 1.23 Communication 8.00 11.34
Sharpe Ratio
Beta
0.21
0.88
returns.
Top Holdings Portfolio Characteristics FUND STYLE
Technology
FMCG
7.16
6.29
10.95
6.85
R-Squared 0.96 z Category — The average
Investment Style
Growth Blend Value Health Care 5.00 2.74
Alpha 4.77
returns for all funds in the cate-
A detailed report on the latest Total Stocks 39
Engineering 4.01 5.26
gory.
Large Medium Small

Avg Mkt Cap (Rs.Cr) 28180 Composition (%)

Capitalisation

investment portfolio that the fund Portfolio P/B Ratio 3.03

Metals 3.07 4.43
Equity 71.37
Services 2.93 0.28
z Rank — The funds rank, out of
is holding. For each company, Portfolio P/E Ratio 13.70 Diversified 1.43 2.97 Debt 18.46
3Y Earnings Growth (%) 9.80 Cash 10.17 the total number of funds in the
the sector, the P/E ratio, and the Returns as on 31st December 2008, Portfolio related data as on 30th November 2008
category
year’s returns are given. Also
z Index — The returns of the
stated is the percentage of the
fund’s benchmark index.
fund’s investments that are
z SIP Return (Annualised) —
invested in that company.
The return that an investor
would have made by investing
in the fund’s monthly systemat-
Portfolio Characterstics Fund Style Top 10 Sector Composition (%) ic investment plan over the
Weights (%) period.
Aggregate measures regarding A nine-cell matrix of the overall style The proportion of
the fund’s investments. The mar- of investment that the fund follows, The percentage of the fund’s holdings
ket capitalisation, P/B ratio and based on its latest portfolio. On the the equity invest- that are held in
P/E ratio are weighted averages vertical axis, the three steps denote ments of the fund each of the three
of the latest numbers of the com- the weighted average market capital- that fall under each basic types of
panies that the fund is invested isation of the fund’s investments. The sector of the econo- assets. Risk Analysis
in. Three Year Earnings Growth horizontal axis denotes, on a weight- my. The top 15 sec-
is the weighted average of the ed average basis, whether the com- tors for each fund A range of statistical measures that
compounded average growth in panies that the fund has invested in are given. can be used to evaluate the per-
the net profits of each company. are value stocks, growth stocks, or a formance, risk, and return of a
blend of the two. mutual fund.