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Fundcard

Mirae Asset Emerging Bluechip Fund - Regular Plan

Value Research Fund Rating as on Sep 30, 2015

Open-ended and Equity: Mid Cap

Risk Grade

Low

Return Grade

High

NAV

Rs. 30.91 as on Oct 30, 2015

Net Assets

Rs. 952.0 crore as on Sep 30, 2015

The contents of this Value Research Fund Card (the "Fund Card") published by Value Research India Private Limited are not intended to serve as professional advice
or guidance and the publisher takes no responsibility or liability, express or implied, whatsoever for any investment decisions made or taken by the readers of this
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should exercise due caution and/or seek independent professional advice before entering into any commercial or business relationship or making any investment decision or entering into any financial obligation based on any information, statement or opinion which is contained, provided or expressed in this Fund Card.
The Fund Card contains information, statements, opinions, statistics and materials that have been obtained from sources believed to be reliable and the publishers
of the Fund Card have made best efforts to avoid any errors and omissions, however the publishers of this Fund Card make no guarantees and warranties whatsoever, express or implied, regarding the timeliness, completeness, accuracy, adequacy, fullness, functionality and/or reliability of the information, statistics, statements,
opinions and materials contained and/or expressed in this Fund Card or of the results obtained, direct or consequential, from the use of such information, statistics,
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Mirae Asset Emerging Bluechip Fund - Regular Plan

Rating:
Risk: Low
Return: High

Fund Performance Vs CNX Nifty

Fund
CNX Nifty

(Rebased to 10,000)

History
NAV (Rs)
Total Return (%)
+/- CNX Nifty
+/- CNX Midcap
Rank (Fund/Category)
52 Week High (Rs)
52 Week Low (Rs)
Net Assets (Rs.Cr)
Expense Ratio (%)

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

11.25
-

30.91
10.90

53.23
28.71
7/78
27.87
14.60
579.62

13.52
5.70

17.86
6.40
8/42
13.90
9.51
-

15.10
8.61
1.85
13.71
8/47
15.10
11.49
-

27.87
84.62

9.55
-15.15
9.47
15.85
1/48
11.75
9.37
-

13.90
45.56

2.50

2.49

2.79

2.74

2.50

9/78
32.46
27.37
-

Quarterly Returns (%)

Top Holdings
Company

Sector

Kotak Mahindra Bank

HPCL
Natco Pharma
Torrent Pharmaceuticals
Amara Raja Batteries
Gateway Distriparks
Sundaram Finance
Indusind Bank
Voltas
Britannia Inds.
Zee Entertainment Ent.
Asian Paints
Yes Bank
Exide Inds.
Ceat
Federal Bank
ICICI Bank
Info Edge (India)
FAG Bearings India
AIA Engineering
JK Cement
Tata Chemicals
Bharat Forge
Atul
Emami

Financial
Energy
Healthcare
Healthcare
Engineering
Services
Financial
Financial
Cons Durable
FMCG
Services
Chemicals
Financial
Engineering
Automobile
Financial
Financial
Services
Engineering
Metals
Construction
Chemicals
Automobile
Chemicals
FMCG

P/E

74.70
6.00
59.40
15.10
34.30
31.40
39.00
26.70
28.10
56.00
50.80
53.60
13.80
24.30
11.10
11.20
13.70
49.20
40.60
20.20
38.90
17.20
24.60
21.30
55.60

YTD

% Assets

5.07
38.23
67.64
39.48
9.79
-4.02
16.55
13.84
22.64
73.12
9.14
10.38
-3.80
-12.47
27.55
-27.31
-23.10
-12.30
15.06
-11.61
3.93
-4.65
-13.52
12.80
33.07

4.00
3.46
3.07
3.05
2.95
2.70
2.65
2.45
2.37
2.33
2.26
2.25
2.25
2.22
2.13
2.11
2.09
2.06
2.02
1.90
1.79
1.77
1.66
1.66
1.63

FUND STYLE
Investment Style

Portfolio Characteristics
64

Capitalisation

12246
3.59
22.54
-5.18

Growth Blend Value

Large Medium Small

Total Stocks
Avg Mkt Cap (Rs.Cr)
Portfolio P/B Ratio
Portfolio P/E Ratio
3Y Earnings Growth (%)

2015
2014
2013
2012
2011

Q1

Q2

Q3

Q4

Year

4.92
13.69
-8.76
21.15
-4.58

2.26
26.46
0.06
-0.79
7.31

2.03
14.61
-2.22
12.00
-6.86

12.04
21.67
8.13
-11.04

84.62
8.61
45.56
-15.15

Rank
Fund/Cat

CNX Nifty

SIP
Return

Trailing Returns (%)

Return
Fund Category

Year-to-Date
9/78
-2.62
10.90
5.51
3-Month
-2.68 -4.95
9/80
-5.47
6-Month
4/80
-1.41
8.04
3.37
1-Year
8/78
19.95 13.44
-3.08
2-Year
13.18
50.68 38.95
4/68
3-Year
1/35
33.78 25.63
12.81
5-Year
13.86
21.62
6.03
1/33
7-Year
10-Year
Return less than 1-year are absolute and over 1 year are annualised

Top 10 Sector Weights (%)

Financial
Engineering
Chemicals
Services
Healthcare
Energy
FMCG
Automobile
Construction
Technology

Fund

CNX Nifty

20.45
12.27
11.54
9.79
9.12

31.04
0.66
1.35
1.71
8.07
11.89
8.55
9.01

6.79
6.71
6.26
4.18
3.98

1.97
17.34

4.82
9.29
11.40
36.53
39.18
31.30
-

Risk Analysis
Volatility Measurements

Standard Deviation
Sharpe Ratio
Beta
R-Squared
Alpha

15.57
1.51
0.92
0.66
18.71

Composition (%)
Equity
Debt
Cash

98.77
1.08
0.14

Returns as on October 30, 2015, Portfolio related data as on September 30, 2015

Value Research
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Best Performance
YEAR

107.82%

QUARTER

31.74%

MONTH

19.35%

Value Research Analysis

Fund Objective & Strategy

This fund started with a bang and has continued to impress over the last
five years. It has held onto a five-star rating from July 2013, when it first
began to figure in Value Research rankings. It under-owns small caps as
compared to its peers. The mandate allows up to a 35 per cent investment
in the top 100 companies by market cap, with 65 per cent exposure to
firms that fall outside the top 100. This fairly loosely defined mandate
allows this fund almost a free hand in selecting its stocks, the only caveat
being that it avoids tiny-size companies, with operating profit below R100
crore. This is a quality-focused fund, with ROCE being a primary filter to
select stocks. The fund, however, does prefer to buy stocks with a margin
of safety on price. The fund's track record is limited, but whatever record
is there is quite impressive. Starting in 2011, the fund has beaten its
benchmark and category by big margins in every one of the five years
since its launch. Bull or bear phases have gone equally well for the fund.
Three-year returns of 37.6 per cent are among the highest in the category.
The portfolio allocation shows a consistent 55-60 per cent allocation to
mid-cap stocks (higher than the category) and a 20-25 per cent to large
caps. Small caps make up 25 per cent or so but have been trimmed in
the last one year. It is an emerging star in the mid-cap space for
conservative investors and a fund to watch. But the limited track record
argues for phased increases in one's holdings.

To generate income and

capital appreciation from a
diversified portfolio
predominantly investing in
Indian equities and equity
related securities of
companies which are not part
of the top 100 stocks by
market capitalization and have
market capitalization of atleast
Rs.100 Crores at the time of
investment.

Portfolio Manager
Neelesh Surana
Since May 2010

Worst Performance
YEAR

-15.52%

QUARTER

-19.97%

MONTH

-12.25%

All the graphs are rebased to 10,000

NAV

Investment Information
AMC
Website
Registrar
Launch
Benchmark
Plans (NAV)

: Mirae Asset Global Investments (India) Pvt.Ltd.

: www.miraeassetmf.co.in
: Karvy Computershare Pvt Ltd.
: June 2010
: CNX Midcap

Min Investment (Rs.)

: 5000
Min SIP Investment (Rs.)
: 1000
Exit Load : 2% for redemption within 182 days; 1%
for redemption between 183 - 365 days

: Dividend (23.93) , Growth (30.91)

CNX Nifty

Value Research
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How to Read the Fundcard - Equity

Value Research Rating, Risk and Return
z
z
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 previous 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.
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.
Returns Grade A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Data on the funds performance
since its launch.
z NAV (Year End) The last
NAV of each year.
z Total Return The percentage returns that an investor
would have got over the
year.
z +/- In the given year, a
comparison of the funds
returns with that of two stock
market indices
z Rank The funds performance rank within its category
for the year and the total
number of funds out of
which it has been ranked.
z 52-Week NAV Range The
highest and the lowest NAV
that the fund recorded during that year
z Net Assets The total
amount of investors assets
that the fund was managing
at the end of the year.
z Expense Ratio The percentage of the average daily
assets that the fund charged
as its management expenses during the year.

Top Holdings

Rating:
Risk: Low
Return: Above Average

Graph of how an investors money

would have grown in the fund since
its launch. A similar graph of the
funds benchmark index is also
given. For ease of comparison,
both have been adjusted to start at
10,000.

Fund Performance Vs S&P CNX Nifty

90000
70000

Fund
S&P CNX Nifty
(Rebased to 10,000)

50000
30000
10000

History

2001

2002

NAV (Rs)

10.33

19.71

23.94

33.94

50.13

81.34

41.89

Total Return (%)

1998

90.80

21.46

41.77

47.70

62.26

-48.50

+/-S&P CNX Nifty (%)

1999

2000

2003

2004

18.90

2005

10.78

2006

5.43

7.87

2007

7.49

2008

3.29

+/-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

52 Week High (Rs)

10.33

19.71

23.94

33.94

50.76

81.46

83.52

52 Week Low (Rs)

8.84

9.91

16.36

22.34

32.26

46.06

36.49

Net Assets (Rs.Cr)

51.40

15.15

9.11

140.54

124.74

374.84

343.03

Expense Ratio (%)

2.49

2.50

2.50

2.50

2.50

2.35

2.31

Top Holdings
Company

Sector

Bharti Airtel
Reliance Industries
ONGC
HDFC Bank
HDFC
Satyam Computer Services
ITC
Axis Bank
Infosys Technologies
United Spirits
ICICI Bank
Dr. Reddy's Lab
State Bank of India
Crompton Greaves
Indian Oil
Cipla
Sterlite Industries
Reliance Communications
Jindal Steel & Power
Larsen & Toubro
Zee Entertainment
CESC
Tata Consultancy Services
ING Vysya Bank
Nestle India

Communication
Energy
Energy
Financial
Financial
Technology
FMCG
Financial
Technology
FMCG
Financial
Health Care
Financial
Engineering
Energy
Health Care
Metals
Communication
Metals
Diversified
Services
Energy
Technology
Financial
FMCG

Portfolio Characteristics
Total Stocks

P/E

2008 Ret

% Assets

18.56
11.50
8.31
20.67
17.10
7.86
21.00
10.42
14.29
23.26
9.49
13.61
9.39
12.29
-22.87
11.81
22.87
7.07
17.65
16.01
6.21
12.79
8.89
26.11

-28.10
-57.30
-46.00
-42.26
-48.21
-62.12
-18.47
-47.82
-36.79
-55.48
-63.62
-36.12
-45.67
-65.84
-46.33
-12.09
-74.80
-69.56
-70.31
-62.88
-57.45
-62.11
-55.87
-50.78
-3.14

6.49
5.42
4.50
3.93
3.51
3.16
2.72
2.70
2.64
2.34
2.26
2.19
2.13
2.12
1.95
1.70
1.61
1.51
1.46
1.43
1.41
1.37
1.36
1.35
1.23

FUND STYLE
Investment Style

39

Growth Blend Value

28180

Portfolio P/B Ratio

3.03

Portfolio P/E Ratio

13.70

Capitalisation

Avg Mkt Cap (Rs.Cr)

Quarterly Returns (%)

Quarterly Returns (%)

Large Medium Small

A detailed report on the latest

investment portfolio that the fund
is holding. For each company,
the sector, the P/E ratio, and the
years returns are given. Also
stated is the percentage of the
funds investments that are
invested in that company.

Fund Performance Vs Index

Birla Sun Life Frontline Equity Fund

2008
2007
2006
2005
2004

Q1

Q2

Q3

Q4

Year

-24.24
-1.42
19.42
-0.04
0.71

-14.18
14.53
-7.25
6.52
-13.50

-2.23
16.01
19.39
23.26
15.08

-18.97
23.88
11.70
8.02
21.15

-48.50
62.26
47.70
41.77
21.46

Trailing Returns (%)

Fund

Return
Category

Rank
Fund/Cat

Fund Style

Aggregate measures regarding

the funds investments. The market capitalisation, P/B ratio and
P/E ratio are weighted averages
of the latest numbers of the companies that the fund is invested
in. Three Year Earnings Growth
is the weighted average of the
compounded average growth in
the net profits of each company.

A nine-cell matrix of the overall style

of investment that the fund follows,
based on its latest portfolio. On the
vertical axis, the three steps denote
the weighted average market capitalisation of the funds investments. The
horizontal axis denotes, on a weighted average basis, whether the companies that the fund has invested in
are value stocks, growth stocks, or a
blend of the two.

S&P
CNX Nifty

Year-to-Date
-48.50 -55.29
34/192
-51.79
3-Month
-18.97 -22.88
41/213
-24.53
6-Month
-20.78 -27.09
38/209
-26.76
1-Year
-48.50 -55.29
34/192
-51.79
2-Year
-8.59 -16.06
22/158
-13.63
3-Year
7.27 -1.39
12/134
1.42
5-Year
16.27 12.91
19/67
9.50
7-Year
10-Year
Return less than 1-year are absolute and over 1 year are annualised

Financial
Energy
Communication
Technology
FMCG
Health Care
Engineering
Metals
Services
Diversified

SIP
Return

-40.18
-0.86
-33.43
-40.18
-24.19
-9.43
9.90
-

Risk Analysis

Top 10 Sector Weights (%)

Fund

Nifty

Volatility Measurements

16.24
14.67
8.00
7.16
6.29
5.00
4.01
3.07
2.93
1.43

11.90
37.49
11.34
10.95
6.85
2.74
5.26
4.43
0.28
2.97

Standard Deviation

3Y Earnings Growth (%)

9.80
Returns as on 31st December 2008, Portfolio related data as on 30th November 2008

Portfolio Characterstics

The funds returns over each quarter of the last five years, along with
the entire years returns.

Top 10 Sector
Weights (%)
The percentage of
the equity investments of the fund
that fall under each
sector of the economy. The top 15 sectors for each fund
are given.

28.32

Sharpe Ratio

0.21

Beta

0.88

R-Squared

0.96

Alpha

4.77

Composition (%)
Equity
Debt
Cash

71.37
18.46
10.17

Composition (%)
The proportion of
the funds holdings
that are held in
each of the three
basic types of
assets.

Trailing Returns (%)

Performance data for various standard periods. All returns are in percentage. Periods greater than a
year are annualised, shorter periods are not.
z Fund The funds own
returns.
z Category The average
returns for all funds in the category.
z Rank The funds rank, out of
the total number of funds in the
category
z Index The returns of the
funds benchmark index.
z SIP Return (Annualised)
The return that an investor
would have made by investing
in the funds monthly systematic investment plan over the
period.

Risk Analysis
A range of statistical measures that
can be used to evaluate the performance, risk, and return of a
mutual fund.