Commodity as an asset class is poised to garner a significant share of investor’s
portfolio allocation as global headwinds recede and growth resumes in tandem with
improving consumer sentiments. In this scenario, demand for commodities will rise
thereby positively influencing their prices and investment proposition.
Mirae Asset Global Commodity Stocks Fund is a unique fund that invests in stocks
of companies that are directly or indirectly engaged in commodity and commodities
related sectors/subsectors/industries. The fund also focuses on companies located
in Asia Pacific & Pacific and Emerging Markets given that these locations are rich
in commodity reserves.
Mirae Asset Global Commodity Stocks Fund has distinct inherent benefits as summarized
below:
**Mirae Asset Global Investments (India) Pvt. Ltd. leverages
the advantage of managing the fund by seeking non-binding advisory services from
Mirae Asset Global Investments (HK) Ltd.
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Objective
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To generate long term capital appreciation through an actively managed portfolio
investing in equity and equity related securities of companies that are engaged
in commodity and commodities related sectors / sub sectors / industries, with at
least 65% of the corpus invested overseas in Asia Pacific and Emerging Markets.
There is no assurance or guarantee of returns
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Benchmark Index
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MSCI Asia Pacific ex-Japan Energy & Material Index (55%) + MSCI India Energy & Material
Index - (35%) + MSCI Brazil Energy & Material Index - (10%) (with MSCI 10/40 Equity
Index Methodology).
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Investment Options
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Regular Plan: Growth and Dividend Options
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Investment Details
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- Minimum Initial Subscription:
Rs.5,000/- (multiples of Re. 1/- thereafter)
- Systematic Investment Plan (SIP):Rs. 1000/- (multiples of Re. 1/ - thereafter),
Minimum 6 installments or Rs 1500/- minimum 4 installments
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Fund Performance
Fund Managers Name: Mr. Gopal Agrawal, Mr. Neelesh Surana & Mr. Basvaraj Shetty
(Overseas Investment)
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NAV(Rs. per unit )
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Returns
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Value (INR)*
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MAGCSF
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Scheme Benchmark
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Sensex**
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MAGCSF
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Scheme Benchmark
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Sensex**
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31st Mar 2011 - 30th Mar 2012
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12.047
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-10.10%
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-10.05%
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-10.50%
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8,989.63 |
8,995.13 |
8,950.37 |
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31st Mar 2010 - 31st Mar 2011
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13.401
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11.83%
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20.11%
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10.94%
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11,183.34 |
12,077.29 |
11,093.95 |
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31st Mar 2009 - 31st Mar 2010
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11.983
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76.38%
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72.28%
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80.54%
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17,637.62 |
17,228.23 |
18,054.05 |
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Since Inception(CAGR)30th Mar 12
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12.047
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5.29%
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8.29%
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4.83%
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12,047.00
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13,332.82
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11,857.15
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Index Value(30th Mar, 2012)
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Index Value of benchmark is 123.97 and Index value of Sensex is 17327.51
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Date of allotment
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20-Aug-08
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Scheme Benchmark
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MSCI Asia Pacific ex-Japan Energy & Material Index (55%) MSCI India Energy & Material Index - (35%) MSCI Brazil Energy & Material Index - (10%) with (MSCI’s10/40 Equity Index Methodology)
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Mirae Asset Emerging Bluechip Fund is co-managed by Mr. Gopal Agrawal and Mr. Neelesh
Surana.
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NAV(Rs. per unit )
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Returns
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MAEBF
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CNX Midcap
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Sensex**
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31st Mar 2011 - 30th Mar 2012
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11.569
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7.73%
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-4.09%
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-10.50% |
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Index value(30th Mar,2012)
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Index Value of CNX Midcap is 7711.40 and Index value of Sensex is 17327.51
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Date of allotment:09-Jul-10
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Scheme Benchmark: CNX Midcap
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Performance of other schemes managed by the same fund management team
Mirae Asset India Opportunities Fund
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NAV(Rs. per unit ) |
Returns |
Value (INR)* |
| |
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MAIOF |
BSE 200 |
Sensex** |
MAIOF |
BSE 200 |
Sensex** |
| 31st Mar 2011 - 30th Mar 2012 |
16.176 |
-2.79% |
-9.28% |
-10.50% |
9,720.57 |
9,071.76 |
8,950.37 |
| 31st Mar 2010 - 31st Mar 2011 |
16.641 |
15.38% |
8.15% |
10.94% |
11,537.82 |
10,814.69 |
11,093.95 |
| 31st Mar 2009 - 31st Mar 2010 |
14.423 |
121.21% |
92.87% |
80.54% |
22,121.16 |
19,286.58 |
18,054.05 |
| Since Inception(CAGR)30th Mar 12 |
16.176 |
12.81% |
3.26% |
3.21% |
16,176.00 |
11,365.75 |
11,343.33 |
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Index Value (30th Mar, 2012)
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Index Value of BSE 200 is 1850.89 and Index value of Sensex is 17327.51
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Date of allotment: 04-April-08
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Scheme Benchmark: BSE 200
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Mirae Asset China Advantage Fund
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NAV(Rs. per unit )
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Returns
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MACAF
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MSCI China(INR)
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Sensex**
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| 31st Mar 2011 - 30th Mar 2012 |
10.167 |
-8.22% |
-2.77% |
-10.50% |
| 31st Mar 2010 - 31st Mar 2011 |
11.078 |
15.75% |
6.12% |
10.94% |
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Index Value (March 30, 2012)
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Index value for benchmark is 382.08 while for Sensex is 17327.51
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Date of allotment:05-Nov-09
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Scheme Benchmark: MSCI China(INR)
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Mirae Asset India-China Consumption Fund is co-managed by Mr. Gopal Agrawal and Mr. Neelesh Surana.
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NAV(Rs. per unit )
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Returns
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MAICCF
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Scheme Benchmark
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Sensex**
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| 31st Mar 2011 - 30th Mar 2012 |
10.968 |
9.02% |
12.52% |
-10.50% |
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Index Value (March 30, 2012)
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Index Value of CNX Midcap is 119.06 and Index value of Sensex is 17327.51
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Date of allotment: 29-Mar-11
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Scheme Benchmark: MSCI India consumption Index(65%) + MSCI China Consumption Index(35%) INR
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Note: Mr. Gopal Agrawal, Mr. Neelesh Surana &
Mr. Basvaraj Shetty also manage Mirae Asset India-China Consumption Fund (MAICCF).
However, the performance of the said scheme is not provided, as it has not completed
one year.
Past performance may or may not be sustained
in future and should not be used as a basis for comparison with other investments.
The calculations of returns shall assume reinvestment of all payout at the then
prevailing NAV. *Based on a standard investment of Rs. 10,000 made at the
beginning of the relevant period. CAGR - Compounded Annualised Growth Returns. Returns
provided are of Regular Plan - Growth Option.
Disclaimer
Mirae Asset Emerging Bluechip Fund (MAEBF): (An open ended equity fund) Investment
Objective: To generate income and capital appreciation from a diversified portfolio
predominantly investing in Indian equities and equity related securities of companies
which are not part of the top 100 stocks by market capitalization and have market
capitalization of atleast Rs. 100 Crores at the time of investment. From time to
time, the fund manager may also seek participation in other Indian equity and equity
related securities to achieve optimal portfolio construction. The Scheme does not
guarantee or assure any returns. Asset Allocation: (1) Indian Equities
and Equity Related Securities of companies, which are not part of the top 100 stocks
by market capitalization and have market capitalization of atleast Rs.100 Crores
at the time of investment: 65%-100% (2) Other Indian Equities and Equity Related
Securities: 0%-35%; Money market instruments / debt securities Instruments (Including
up to 20% of corpus in securitized debt): 0%-35%.Transparancy:
The NAV will be calculated at the close of every working day and shall be published
in two daily newspapers and on the AMC & AMFI website.
Mirae Asset India Opportunities Fund (MAIOF): (An open ended equity oriented
scheme) Investment Objective: To generate long term capital appreciation
by capitalizing on potential investment opportunities through predominantly investing
in equities, equity related securities. There is no assurance or guarantee of any
returns. Asset Allocation: (1) Indian Equities and Equity Related
Securities: 65% to 100% (2) Money market instruments / debt securities Instruments:
0% to 35% (Including up to 25% of corpus in securitized debt). Transparency:
The NAV will be calculated at the close of every working day and shall be published
in two daily newspapers and on the AMFI /AMC website.
Mirae Asset China Advantage Fund (MACAF): (An open ended fund of funds scheme)
Investment Objective: 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. Asset Allocation: (1)
Units of Mirae Asset China Sector Leader Equity Fund and/or units of other mutual
fund schemes, units of ETFs investing in equities and equity related securities
of companies domiciled in or having their area of primary activity in China and
Hong Kong: 80-100% (2) Money market instruments / debt securities Instruments and/or
units of debt/liquid schemes of domestic Mutual Funds.: 0-20% (Equity and Equity
related instruments include convertible debentures, equity warrants, convertible
preference shares, equity derivatives etc. Debt instruments include securitized
debt upto 20% of corpus.) Transparency: The NAV will be published
in two daily newspapers (with a one day lag) and on the AMFI & AMC website by 10.00
am of the following business day.
Mirae Asset Global Commodity Stocks Fund (MAGCSF) (An open-ended equity fund):
Investment Objective: To generate long term capital appreciation through
an actively managed portfolio investing in equity and equity related securities
of companies that are engaged in commodity and commodities related sectors/sub sectors/industries,
with at least 65% of the corpus invested overseas in Asia Pacific and Emerging Markets.
There is no assurance or guarantee of returns. Asset Allocation:
(1) Asia Pacific and/or Emerging Markets Equities and Equity Related Securities
(excluding Indian equities and equities related securities) of companies that are
engaged in commodity and commodities related sectors/sub sectors/industries: 65%
to 100% (2) Indian Equities and Equity Related Securities, including but not limited
to those that are engaged in commodity and commodities related sectors/sub sectors/industries:
0% to 35% (3) Money market instruments / debt securities Instruments (Including
up to 25% of corpus in securitized debt) : 0% to 35%. Transparency:
The NAV will be calculated at the close of every working day and shall be published
in two daily newspapers, AMC & AMFI website.
Mirae Asset India-China Consumption Fund (MAICCF) (An Open ended Equity Oriented
Scheme): Investment Objective: The investment objective of the scheme
is to generate long term capital appreciation through an actively managed portfolio
investing in equity and equity related securities of companies that are likely to
benefit either directly or indirectly from consumption led demand in India/China.
The Scheme does not guarantee or assure any returns. Asset Allocation:
(1) Indian Equities and Equity Related Securities of companies that are likely to
benefit either directly or indirectly from consumption led demand: 65%-90% (2) Chinese
Equities and Equity Related Securities of companies that are likely to benefit either
directly or indirectly from consumption led demand: 10%-35%; (3) Money market instruments
/ debt securities Instruments and/or units of debt/liquid schemes of domestic Mutual
Funds : 0%-25%.Transparency: The NAV will be calculated at the
close of every working day and shall be published in two daily newspapers and on
the AMC/AMFI website.
Load Structure for all schemes: Entry Load: NIL. “In terms of SEBI
circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will
be charged by the Scheme to the investor effective August 1, 2009. Upfront commission
shall be paid directly by the investor to the AMFI registered Distributors based
on the investors' assessment of various factors including the service rendered by
the distributor”. Exit Load: a. Redemption within 1 year (365 days) from the date
of allotment (including SIP/STP/SWP): 1.00%, b. Redemption after 1 year (365 days)
from the date of allotment - NIL. For MACAF only: Investors should
also be aware that the underlying scheme(s) could charge entry load/exit load which
may affect the returns to the investors. The load structure of the underlying scheme(s)
may change from time to time. The investor shall bear the scheme recurring expenses
in addition to the scheme recurring expenses of underlying scheme.
Statutory Details: Trustee: Mirae Asset Trustee Company Private
Limited; Investment Manager: Mirae Asset Global Investments (India) Private Limited
(AMC); Sponsor: Mirae Asset Global Investments Company Limited.
Risk Factors: Mutual fund investments are subject to market risks and there
is no assurance or guarantee that the objectives of the scheme will be achieved.
As with any investment in securities, the Net Asset Value (NAV) of the units issued
under the Schemes can go up or down depending on the factors and forces affecting
the capital markets. Investments in mutual funds are prone to risks
of fluctuation in NAVs, uncertainty of dividend distributions etc. Past performance
of the Sponsor / AMC / Mutual Fund does not guarantee the future performance of
the Schemes of Mirae Asset Mutual Fund. The sponsors are not liable
or responsible for any loss resulting from the operation of the fund beyond the
initial contribution made by them of an aggregate amount of Rupees One Lakh towards
setting up of the fund. The past performances may not necessarily be an indication
of future results and may not necessarily provide a basis for comparison with other
investments. Mirae Asset India Opportunities Fund, Mirae Asset Global Commodity
Stocks Fund, Mirae Asset Emerging Bluechip Fund, Mirae Asset China Advantage Fund
& Mirae Asset India-China Consumption Fund are only the names of the schemes and
does not in any manner indicate either the quality of the schemes or its future
prospects or returns. Investors in the scheme are not being offered
any guaranteed / indicative/ assured returns. Please see "Risk Factors", "Scheme
Specific Risk Factors and Special Consideration" and "Right to limit redemptions"
in the Scheme Information Document (SID). Scheme Information Document / Key Information Memorandum cum
Application form are available at AMC offices/AMC web-site
www.miraeassetmf.co.in / Investor Service Centre / Distributors on request. “MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL THE SCHEME RELATED DOCUMENTS CAREFULLY”.