Five years of SIP with Mirae Asset Large & Midcap Fund (erstwhile known as Mirae Asset Emerging Bluechip Fund)

In October 2023, Mirae Asset raised the investment cap of their Emerging Bluechip Fund to ₹25,000, and subsequently, in November 2023, the fund was renamed to Mirae Asset Large & Midcap Fund. Seizing this opportunity, I increased my investment in the fund, opting for the direct plan this time around. This move meant that while my earlier investment remained in the regular plan, my new contributions from November 2023 onward are placed in the direct plan.

The fund consistently outperforms the Nifty 50 Index. In fact, since last year, it has widened its lead over the Nifty 50 Index. Yay!

Investment through the years

Returns

Profit percent

XIRR


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