Benefits Of “Mirae Asset Emerging Bluechip Fund” and How a Top SIP Investment App Can Help You Plan Investments Better?
Investing in mutual funds is certainly a great way of earning extra income from your savings. Especially when most banks aren’t offering significant benefits on fixed deposits and other investment options, a mutual fund is a great option where you can get better returns with some risks. However, to ensure larger benefits with mutual funds, choosing the right scheme is the most crucial factor.
When it comes to reliability, “Mirae Asset Emerging Bluechip Fund” is one of the most popular schemes among investors. The fund has provided consistent returns and excellent performance quality in the long term.
So, is “Mirae Asset Emerging Bluechip Fund” the right option for you? Let’s find out.
“Mirae Asset Emerging Bluechip Fund” Scheme Features
“Mirae Asset Emerging Bluechip Fund ” was launched on 01/01/2013 as a large & mid-cap mutual fund and has generated an annualized return of 15.99% since inception. So, if you have done a monthly SIP of Rs 10,000 for 5 years, you would have earned a profit of INR3.48 lakh by investing INR 6lacsThis fund invests in sectors such as finance, technology, healthcare, automobile, and energy. The performance quality of this scheme is also rated as “excellent” by some experts.
Since the launch of the fund, the size has grown to ₹21,910 Crores as of 31/03/2022, and the invested money has doubled every 3 years. So, the growth rate of this product is quite steady and rapid. Just in the last 1 year, the fund has returned 6.55%, which is much higher than other products in the league. The top 5 holdings of this scheme are in blue chip companies such as ICICI Bank Ltd., Infosys Ltd., Axis Bank Ltd., HDFC Bank Ltd., and Reliance Industries Ltd.
This is a good fund if you are looking to stay invested for a long term of at least 5-6 years, you can consider investing in the “Mirae Asset Emerging Bluechip Fund.”
However, investing at the right valuations is also very important if you want to ensure steady growth. One of the best options to do this s via a sip investment app. Here’s how a reliable sip investment app can help you get the most out of your investments.
What Is a SIP App?
A SIP app is a user-friendly smartphone application that allows you to start a SIP in any mutual fund scheme from a single app. So, you don’t have to download multiple applications to invest in different schemes.
A SIP app also allows you to view real-time fund status and set reminders for SIPs so that you never miss your payments. You can also compare various funds in highly comprehensible comparison tables that allow you to understand the schemes better. In short, with the SIP app, the entire mutual fund management process becomes simplified and efficient for the investor.
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Key Benefits of SIP APP
- Centralized access to all your mutual funds.
- Invest in different mutual fund schemes from a single application.
- Active customer support for any queries.
How To Find a Reliable SIP Investment App?
The easiest option is to download from your smartphone PlayStore or AppStore. Here are some of the key factors you must check before downloading the app.
- User base: The first thing to check is the existing user base of the service provider. This gives you an idea that the application is reliable and has been serving users for quite some time.
- Customer Reviews: Make sure that the application has positive customer reviews on average. If the application is user-friendly and efficient, several users will provide positive reviews. You can check the star ratings as well. Anything above4-starter is a good sign.
- App Features: Finally, go through the app description and make sure that the application provides all the features that you would like to have. You can also download the app and check all the functions before investing the funds.
So, get your SIP investment app and start investing!
So, get your SIP investment app and start investing!
Clearly, finding reliable schemes like the “Mirae Asset Emerging Bluechip Fund,” comparing different schemes, and managing your portfolio becomes quite easy if you have a user-friendly SIP investment application. So, if you are looking to invest in mutual funds, get yourself a SIP investment app first, compare different schemes and invest safely.