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Mirae Asset Emerging Bluechip

Mirae Asset Emerging Bluechip Fund Direct-Growth manages a total of Rs. 20,615 crores in assets (AUM). The 1-year returns on Mirae Asset Emerging Bluechip Fund Direct-Growth are 75.07 percent. It has returned an average of 26.11 percent per year since its inception.

The financial, healthcare, technology, automobile, and energy sectors account for the majority of the fund’s holdings. In comparison to other funds in the category, it has less exposure to the Financial and Healthcare industries.

ICICI Bank Ltd., HDFC Bank Ltd., Axis Bank Ltd., Infosys Ltd., and State Bank of India are the fund’s top five holdings. A five year SIP of Rs 10,000 would result in profit of Rs 5.8 Lakh with current value of investment of Rs 11.8 lakh. The fund is ranked 5-star by Value Research and Morningstar.

Mirae Asset Tax Saver Fund Direct

The assets under management (AUM) of Mirae Asset Tax Saver Fund Direct-Growth is $9,401 crores.

The 1-year returns on Mirae Asset Tax Saver Fund Direct-Growth are 71.31 percent. It has returned an average of 23.85% every year since its inception. HDFC Bank Ltd., ICICI Bank Ltd., Infosys Ltd., Axis Bank Ltd., and Tata Consultancy Services Ltd. are the fund’s top five holdings. The majority of the money in the fund is invested in the financial, technology, automotive, healthcare, and energy industries.

The scheme aims to achieve long-term capital appreciation by investing primarily in equities and equity-related securities in a diversified portfolio.

A five year SIP of Rs 10,000 would result in profit of Rs 5.7 Lakh with current value of investment of Rs 11.7 lakh. The fund is ranked 5-star by Value Research and Morningstar.

Mirae Asset Large Cap Fund Direct

Mirae Asset Large Cap Fund Direct-Growth manages a total of 29.425 crores in assets (AUM).

Mirae Asset Large Cap Fund Direct has a 1-year growth rate of 59.95 percent. It has had an average yearly return of 19.06 percent since its inception. Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., and Axis Bank Ltd. are the fund’s top five holdings. The scheme intends to optimise long-term capital appreciation by investing in equities and equity-related assets to take advantage of investment possibilities arising from India’s economic growth and structural transformations. The NAV of Mirae Asset Large Cap Fund for Sep 23, 2021 is 87.02.

A five year SIP of Rs 10,000 would result in profit of Rs 4.32 Lakh with current value of investment of Rs 10.32 lakh. The fund is ranked 5-star by Value Research and Morningstar.

Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund Direct-Growth manages a total of 5,949 crores in assets (AUM). The fund now has a 74.33 percent stock allocation and an 18.84 percent debt exposure.

The 1-year returns on Mirae Asset Hybrid Equity Fund Direct-Growth are 49.05 percent. It has had an average yearly return of 15.75 percent since its inception. GOI, HDFC Bank Ltd., Infosys Ltd., ICICI Bank Ltd., and Tata Consultancy Services Ltd. are the fund’s top five holdings.

From a combined portfolio of equities and equity-related assets, as well as debt and money market instruments, the Scheme intends to create capital appreciation and current income.

A five-year SIP of Rs 10,000 would result in a profit of Rs 3.83 lakh with the current value of investment of Rs 9.83 lakh. The fund is ranked 5-star by Value Research and Morningstar.

4 Best Performing Mirae Asset Equity Mutual Fund SIPs To Consider

Morningstar: 5-Star

Morningstar: 5-Star

Morningstar: 5-Star

Morningstar: 5-Star

Disclaimer

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Among the leading private sector banks of India, Kotak Mahindra Bank allows different types of term deposit schemes for its debt investors having a low-risk appetite. For salaried individuals who are seeking to earn risk-free returns against their regular deposits, the bank offers a unique deposit account dubbed as Recurring Deposit (RD). The highest amount of Rs 25,000 each month is allowed to deposit in an RD account for a tenure of more than 36 months and a maximum RD amount of Rs.1,00,000/- per month is allowed for a tenure of up to 36 months at Kotak Mahindra Bank. One can open an RD account at the bank for a flexible tenure ranging from 6 months to 10 years. On the other hand, Kotak Mahindra Bank also allows a fixed deposit scheme where investors can park a fixed amount of money for a tenure that can range from 7 days to 10 years to gain interest rate on their deposits of less than Rs 2 Cr. For both deposit schemes, the bank has recently revised interest rates which are in force from 23rd September 2021.

Kotak Mahindra Bank Recurring Deposit Interest Rates

For recurring deposits made by resident individuals & HUF only, Kotak Mahindra Bank is offering the following interest rates which are applicable from 23rd September 2021.

Period	Interest Rate p.a. (%)	Senior Citizen Rates p.a. (%)
6 Months	4.25%	4.75%
9 Months	4.40%	4.90%
12 Months	4.50%	5.00%
15 Months	4.75%	5.25%
18 Months	4.75%	5.25%
21 Months	4.75%	5.25%
24 Months	5.00%	5.50%
27 Months	5.00%	5.50%
30 Months	5.00%	5.50%
33 Months	5.00%	5.50%
3 years – less than 4 years	5.10%	5.60%
4 years – less than 5 years	5.20%	5.70%
5 years – 10years	5.25%	5.75%
Source: Bank Website

Kotak Mahindra Bank Fixed Deposit Interest Rates For Regular Customers

For Domestic, NRO, NRE fixed deposits of less than Rs 2 Cr, Kotak Mahindra Bank is offering the following interest rates to the regular customers with a premature withdrawal option.

Maturity Periods	Less than Rs.2 Crore	Annualised Yield
7 – 14 Days	2.50%	2.50%
15 – 30 Days	2.50%	2.50%
31 – 45 Days	2.75%	2.75%
46 – 90 Days	2.75%	2.75%
91 – 120 Days	3.00%	3.00%
121 – 179 days	3.20%	3.20%
180 Days	4.20%	4.20%
181 Days to 269 Days	4.25%	4.30%
270 Days	4.40%	4.45%
271 Days to 363 Days	4.40%	4.45%
364 Days	4.40%	4.45%
365 Days to 389 Days	4.50%	4.58%
390 Days (12 months 25 days)	4.75%	4.84%
391 Days – Less than 23 Months	4.75%	4.84%
23 Months	4.90%	4.99%
23 months 1 Day- less than 2 years	4.90%	4.99%
2 years- less than 3 years	5.00%	5.09%
3 years and above but less than 4 years	5.10%	5.20%
4 years and above but less than 5 years	5.20%	5.30%
5 years and above upto and inclusive of 10 years	5.25%	5.35%
Source: Bank Website, effective from 23rd September 2021

Kotak Mahindra Bank Fixed Deposit Interest Rates For Senior Citizens

On their fixed deposits of less than Rs 2 Cr, senior citizens will get an additional rate over the applicable card rate to the general public. For deposits maturing in 7 days to 10 years, senior citizens will now get the following interest rates.

Maturity Periods – Premature Withdrawal Allowed	Less than Rs.2 Crore	Annualised Yield
7 – 14 Days	3.00%	3.00%
15 – 30 Days	3.00%	3.00%
31 – 45 Days	3.25%	3.25%
46 – 90 Days	3.25%	3.25%
91 – 120 Days	3.50%	3.50%
121 – 179 days	3.70%	3.70%
180 Days	4.70%	4.70%
181 Days to 269 Days	4.75%	4.81%
270 Days	4.90%	4.96%
271 Days to 363 Days	4.90%	4.96%
364 Days	4.90%	4.96%
365 Days to 389 Days	5.00%	5.09%
390 Days (12 months 25 days)	5.25%	5.35%
391 Days – Less than 23 Months	5.25%	5.35%
23 Months	5.40%	5.51%
23 months 1 Day- less than 2 years	5.40%	5.51%
2 years- less than 3 years	5.50%	5.61%
3 years and above but less than 4 years	5.60%	5.72%
4 years and above but less than 5 years	5.70%	5.82%
5 years and above upto and inclusive of 10 years	5.75%	5.88%
Source: Bank Website, effective from 23rd September 2021