Performance Check: Mirae Asset Emerging Bluechip Fund

Mirae Asset Mutual Fund has proved themselves as one of the best asset managers. They have in total, seven equity mutual funds and out of them, four of them have a net asset value (NAV) history of three years or more. These four funds have been performing well for the fund house. Among them, Mirae Asset Emerging Equity Fund is one such fund with excellent performance.

Mirae Asset Emerging Equity Fund is a large & mid-cap offering from Mirae Asset Mutual Fund. It is an open-ended scheme seeking to generate income and capital appreciation from a diversified portfolio that predominantly invests in equity and related securities of Indian large-cap and mid-cap companies.

In terms of trailing returns, clearly, the performance of Mirae Asset Bluechip Fund has blossomed as compared to its benchmark and category. It has been outperforming in every trailing period with a handsome margin. However, let’s not get biased with the trailing returns and move our focus to the rolling returns. Further, we would also compare those rolling returns with Nifty Next 50 Index.

As we can see, even in terms of rolling returns, Mirae Asset Emerging Bluechip Fund has performed much better. In fact, it has outperformed with a good margin. Therefore, in terms of performance, the Mirae Asset Emerging Bluechip Fund shines bright.