Fund Details
Mirae Asset China Advantage Fund Growth
| Risk | High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | NaN% |
| NAV | ₹17.30 (14 Sep 2017) |
|---|---|
| Fund Started | 05 Nov 2009 |
| Fund Size | ₹0 Cr |
Returns
Comparison
1. Age is more than 10 years
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.33%
Top Holdings
| 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% |
Fund Managers
Mirae Asset China Advantage Fund Growth Details
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 ₹0 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
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.
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.
