Mirae Asset China Advantage Fund Direct Growth+0.30%

1Groww
-7.03%
1 Year Return
Others
FoF Overseas
1.0 star
6M
1Y
3Y

Fund Details

Mirae Asset China Advantage Fund Direct Growth

RiskHigh
Min SIP AmountNot Supported
Expense Ratio1.38%
NAV13.75 (30 Dec 2016)
Fund Started02 Jan 2013
Fund Size10 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset China Advantage Fund Direct Growth
-7.0%
-1.2%
NA
NA
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with -7.0% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk is higher compared to the benchmark
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark

    Fund Managers

    Other Details

    Mirae Asset China Advantage Fund Direct Growth is a Others Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Bharti Sawant is the Current Fund Manager of Mirae Asset China Advantage Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹10 Cr and the Latest NAV as of 30 Dec 2016 is ₹13.75.

    The Mirae Asset China Advantage Fund Direct Growth is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.

    Investment Objective

    The investment objective of the scheme is to generate long-term 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. The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Domestic Mutual Funds, in order to meet liquidity requirements from time to time. The Scheme does not guarantee or assure any returns.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 1 year
    Exit Load

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    About Mirae Asset Mutual Fund

    Address
    Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
    Phone
    022-67800300
    Launch Date
    29 Nov 2007
    Mirae Asset Mutual Fund
    Asset Management Company
    Custodian
    NA
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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    + ₹1,000
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