| Risk | High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.33% |
| NAV | ₹17.30 (14 Sep 2017) |
|---|---|
| Fund Started | 05 Nov 2009 |
| Fund Size | ₹10 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| International Fund (Mirae Asset China Sector Leader Eq) | Mutual Funds | MFEquity | 80.4% |
| Net Receivables/(Payable) | Current Assets | Net Receivables/(Payables) | 10.8% |
| CBLO(CCIL) | Current Assets | Money Market | 8.8% |
Mirae Asset China Advantage Fund Growth is a Others Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 05 Nov 2009. Bharti Sawant is the Current Fund Manager of Mirae Asset China Advantage Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹10 Cr and the Latest NAV as of 14 Sep 2017 is ₹17.30.
The Mirae Asset China Advantage Fund Growth is rated High risk. Minimum SIP Investment is set to 1000. Exit load of 1% if redeemed within 1 year
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.