India and China are set to benefit from a promising consumption growth story that will be propelled by a large and aspiring young population with rising income levels. Mirae Asset India-China Consumption Fund is well-poised to take advantage of the consumption potential that these two emerging economies have to offer.

India China Growth Story – Driven by the consumption engine.

The Consumption theme will be the driving factor for sustainable growth in India and China in the coming years given the rapidly growing urbanization, rising middle class, higher per capita income and declining dependency ratio thereby providing a fillip to the Consumption J - Curve. Source: Enam Report, Nov 2010.

Consumption J –Curve

Mirae Asset India-China Consumption Fund has distinct inherent benefits as summarized below:

1. The first of its kind to focus on the consumption theme in both India and China


2. Offers a flavour of both Indian and Chinese consumer stocks in a single portfolio


3. India and China are at an inflexion point on the consumption J-curve with India’s strong potential for consumer goods & services and China`s robust demand for luxury goods


4. Will seek to benefit from the resultant likely exponential growth in most sectors, as average per-capita disposable income approaches the critical US$ 1,000 level in India & US$ 3,000 levels in China, beyond which discretionary spending kicks in

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 and China. The Scheme does not guarantee or assure any returns.
Asset Allocation	Indian Equities and Equity Related Securities of companies that are likely to benefit either directly or indirectly from consumption led demand: 65 - 90%. Chinese Equities and Equity Related Securities of companies that are likely to benefit either directly or indirectly from consumption led demand: 10 - 35% Money Market Instruments (including CBLO) / Debt Securities Instruments and/ or units of debt/liquid schemes of domestic Mutual Funds : 0 -25%
Investment Plans and Options	Regular Plan (Growth and Dividend Option), Dividend Plan (Payout, Reinvestment facilities)
Benchmark	MSCI India Consumption Index (65%) + MSCI China Consumption Index (35%) (with quarterly rebalancing)(Price in INR). For daily index values click here.
Load Structure	Entry Load – NIL Exit load: Regular Plan 1% If redeemed within 1 year (365 days) from the date of allotment. NIL: If redeemed after 1 year (365 days) from the date of allotment
Investment Details	Minimum Investment Lump Sum: 5,000/- (multiples of Re. 1/- thereafter) Systematic Investment Plan (SIP): Rs. 1000/- (multiples of Re.1/ - thereafter)

Fund Performance

Mirae Asset India-China Consumption Fund is co-managed by Mr. Gopal Agrawal and Mr. Neelesh Surana.

		NAV(Rs. per unit )	Returns
			MAICCF	Scheme Benchmark	Sensex**
31st Mar 2011 - 30th Mar 2012		10.968	9.02%	12.52%	-10.50%
Index Value (March 30, 2012)		Index Value of Benchmark is 119.06 and Index value of  Sensex is 17327.51
Date of allotment: 29-Mar-11		Scheme Benchmark: MSCI India consumption Index(65%) + MSCI China Consumption Index(35%) INR

Mirae Asset China Advantage Fund is co-managed by Mr. Gopal Agrawal and Mr. Neelesh Surana.

		NAV(Rs. per unit )	Returns
			MACAF	MSCI China(INR)	Sensex**
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%
Index Value (March 30, 2012)		Index value for benchmark is 382.08 while for Sensex is 17327.51
Date of allotment:05-Nov-09		Scheme Benchmark: MSCI China(INR)

Performance of other schemes managed by the same fund management team

Mirae Asset India Opportunities Fund

		NAV(Rs. per unit )	Returns			Value (INR)*
			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
Index Value (30th Mar, 2012)		Index Value of BSE 200 is 1850.89 and Index value of  Sensex is 17327.51
Date of allotment: 04-April-08		Scheme Benchmark: BSE 200

Mirae Asset Emerging Bluechip Fund

		NAV(Rs. per unit )	Returns
			MAEBF	CNX Midcap	Sensex**
31st Mar 2011 - 30th Mar 2012		11.569	7.73%	-4.09%	-10.50%
Index value(30th Mar,2012)		Index Value of CNX Midcap is 7711.40 and Index value of  Sensex is 17327.51
Date of allotment:09-Jul-10		Scheme Benchmark: CNX Midcap

Fund Managers Name: Mr. Gopal Agrawal, Mr. Neelesh Surana & Mr. Basvaraj Shetty (Overseas Investment)

Mirae Asset Global Commodity Stocks Fund

		NAV(Rs. per unit )	Returns			Value (INR)*
			MAGCSF	Scheme Benchmark	Sensex**	MAGCSF	Scheme Benchmark	Sensex**
31st  Mar 2011 - 30th Mar 2012		12.047	-10.10%	-10.05%	-10.50%	8,989.63	8,995.13	8,950.37
31st  Mar 2010 - 31st Mar 2011		13.401	11.83%	20.11%	10.94%	11,183.34	12,077.29	11,093.95
31st  Mar 2009 - 31st Mar 2010		11.983	76.38%	72.28%	80.54%	17,637.62	17,228.23	18,054.05
Since Inception(CAGR)30th  Mar 12		12.047	5.29%	8.29%	4.83%	12,047.00	13,332.82	11,857.15
Index Value(30th Mar, 2012)		Index Value of benchmark is 123.97 and Index value of  Sensex is 17327.51
Date of allotment		20-Aug-08
Scheme Benchmark		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)

Disclaimer

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.

Mirae Asset India-China Consumption Fund (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. Load Structure: 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: Redemption within 1 year (365 days) from the date of allotment (Including SIP/STP/SWP) - 1.00%. Redemption after 1 year (365 days) from the date of allotment - NIL. 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%. Terms of Issue: 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. 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. Mirae Asset India-China Consumption Fund is only the name of the scheme and does not in any manner indicate either the quality of the scheme 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). A copy of SAI / SID/ Key Information Memorandum cum Application form will be 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”.