MFDirect · Growth

Mirae Asset China Advantage Fund - Growth - Direct Plan

internationalFoFs (Overseas)Benchmark: MSCI China Index (in INR Terms)
NAV · 14 Sep 2017₹17.92+0.02%
AUM₹9 Crfrom this fund's primary plan
Expense Ratio1.66%
CAGR
Exit Load1% on or before 1Y(365D), Nil after 1Y(365D)
Min SIP
Launched2013

Investment Objective

The fund seeks 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 funds, 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.

Fund Mandate

Debt0%–35%
MMI0%–35%
Oversea Mutual Fund65%–100%
Fund Managers
BS
Bharti Sawant
Fund Manager
Key Information
1.66%
₹5,000
1% on or before 1Y(365D), Nil after 1Y(365D)
Nil
Inception02 Jan 2013
AMC
Top Holdings

Portfolio holdings not disclosed for this fund yet.

Trailing Returns
PeriodReturns
1 Day+0.02%
Risk Metrics

Risk metrics are not available for this fund.

Fees
1.66%
1% on or before 1Y(365D), Nil after 1Y(365D)
Nil
₹5,000
Capital Gains Tax, general rules

This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme