Mirae Asset Savings Fund Direct Plan Dividend Daily is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was introduced to investors on 08 Oct 2013. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Savings Fund Direct Plan Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹572 Cr and the Latest NAV as of 20 Aug 2019 is ₹1208.9.
The Mirae Asset Savings Fund Direct Plan Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The investment objective of the scheme is to seek to generate returns with low volatility and higher liquidity through a portfolio of debt and money market instruments. The scheme does not guarantee 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