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