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Mirae Asset China Advantage Fund Direct Growth
Equity
International
High Risk
-1.20%
3Y annualised
+0.30% 1D
NAV: 14 Sep '17
₹17.92
Min. SIP amount
Not Supported
Fund size
₹0.00 Cr
Expense ratio
0.00%
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 6M | 1Y | 3Y | All |
|---|---|---|---|---|
| Fund returns | +3.0% | -7.0% | -1.2% | -- |
| Category average (Equity International) | -- | -- | -- | -- |
| Rank (Equity International) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 1% if redeemed within 1 year
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
About Mirae Asset China Advantage Fund Direct Growth
Mirae Asset China Advantage Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. The fund currently has an Asset Under Management(AUM) of ₹2,28,206 Cr and the Latest NAV as of 14 Sep 2017 is ₹17.92.
The Mirae Asset China Advantage Fund Direct Growth is rated High risk. Minimum SIP Investment is set to ₹1,000. Exit load of 1% if redeemed within 1 year
;
Investment Objective
The scheme seeks to generate capital appreciation by investing predominantly in units of Mirae Asset China Sector Leader Equity Fund and/or units of other mutual fund schemes, units of exchange traded schemes that focus on investing in equities and equity related securities of companies domiciled in or having their area of primary activity in China and Hong Kong.;
Fund benchmarkMSCI China Index
Fund house
Rank (total assets)#13 in India
Total AUM₹2,28,206.30 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,