Mirae Asset Savings Fund NAV Up 0.06% to 1872.3273
By Business Desk
Mirae Asset Savings Fund Regular-IDCW Daily’s NAV reached 1872.3273 on Oct 31, 2019, marking a 0.06% daily increase. Explore its features and investment options.
The Mirae Asset Savings Fund Regular-IDCW Daily registered a Net Asset Value (NAV) of 1872.3273 on October 31, 2019. This specific value reflects a daily increase of 1.09, which translates to a 0.06% gain for the fund on that particular day.
- NAV (October 31, 2019): 1872.3273
- Daily Change: 1.09 (0.06%)
- Inception Date: March 5, 2008
Classified distinctly as a Debt fund, the Mirae Asset Savings Fund Regular-IDCW Daily operates with a 0% entry load, ensuring investors face no upfront charges. Furthermore, investors encounter no exit load when transacting with the fund, providing full flexibility on withdrawals.
The fund extends multiple systematic investment facilities to its participants, including a Systematic Investment Plan (SIP), a Systematic Transfer Plan (STP), and a Systematic Withdrawal Plan (SWP). These diverse options are designed to offer flexibility for investors in managing their financial commitments and portfolio adjustments.
A minimum initial investment of ₹5,000 is mandated to commence participation in the Mirae Asset Savings Fund Regular-IDCW Daily. Following this initial commitment, subsequent investments are set at a more accessible minimum of ₹1,000, catering to ongoing contributions.