Your favorite dish has lots of ingredients added for taste, but without ‘Salt’ it won’t taste the same. Similarly to build a robust portfolio, you need to invest in the right funds. Consider Mirae Asset India Opportunities Fund, a diversified equity fund that invests across sectors and market caps. It’s a Must Have for your portfolio.
Investment Style
Mirae Asset India Opportunities Fund is a large cap biased diversified fund. Identifies future growth trends at an early stage. Focuses on companies with sustainable competitive advantages - Stocks which have strong pricing power & are sector leaders
Dividend History
Rewarding investors through consistent dividends:
| Record Date |
Dividend |
| 14 Mar 2013 |
1.40 per unit |
| 22 Mar 2012 |
1.50 per unit |
| 10 Dec 2010 |
1.50 per unit |
| 09 Sep 2009 |
0.90 per unit |
| Flexible Investment Approach |
Able to capture diverse opportunities given the flexibility to invest across sectors and market caps |
| Investment Portfolio |
Quality portfolio - Focuses on businesses that are better positioned to meet the current macro-challenges, need little capital to grow, display superior management and are available at attractive market valuations |
| Portfolio construction |
Able to capitalize on long and short term opportunities given dual strategy of core and tactial allocation^ |
| Fund Size |
Agility in responding to market volatility thereby capitalizing on investment opportunities |
^ The fund manager has the flexibility to follow a focused approach on the investments
and may relatively aggressively manage the portfolio & hence the portion of the
core & tactical portion may vary accordingly.
The features of Mirae Asset India Opportunities Fund are as follows:
| Investment Objective |
To generate long term capital appreciation by capitalizing on potential investment opportunities through predominantly investing in equities, equity related securities. |
| Asset Allocation |
65% - 100%: India Equities & Equity related securities; 0 – 35%: Money market instruments / Debt securities instruments (including upto 25% of corpus in securitized debt). |
| Benchmark |
BSE -200 |
| Investment Options |
Regular plan with Growth and Dividend Options
- Minimum Investment: Lump Sum: 5,000/- (multiples of Re. 1/- thereafter)
- Systematic Investment Plan (SIP): Rs. 1000/- (multiples of Re.1/ - thereafter)
- Minimum 6 installments (monthly) Rs. 1500/- (multiples of Re. 1/- thereafter)
- Minimum 4 installments (quarterly)
|
| Load Structure |
Entry load –Nil
Exit load* -
- If redeemed within 6 months (182 days) from the date of allotment - 2.00%
- If redeemed after 6 months (182 days) but within 1 year (365 days) from the date of allotment - 1.00%
- If redeemed after 1 year (365 days) from the date of allotment - NIL
*With effect from October 1, 2012, Mirae Asset Mutual Fund shall credit, exit load (net off service tax, if any, payable in respect of the same) to the Scheme of the Fund |
| Current Expense Ratio(#) |
Regular Plan
(Effective Date 01st October 2012)
On the first 100 crores daily net assets 2.50%
On the next 300 crores daily net assets 2.25%
On the next 300 crores daily net assets 2.00%
On the balance of the net assets 1.75%
In addition to the above a charge of 20 bps on the daily net assets;
Plus, a proportionate charge in respect sales beyond T-15 cities subject to maximum of 30 bps on daily net assets may also be charged (currently not being charged).
Excluding service tax on Investment Management Fee.
For Direct Plans
(Effective Date 01st January, 2013)#
The above expense ratio will also be applicable for Direct Plans except that the Direct Plan shall have a lower expense ratio excluding distribution expenses, commission, etc. and no commission for distribution of Units will be paid / charged under Direct Plan.
(#) Any change in the expense ratio will be updated within two working days.
Please visit the section Downloads -> Others -> Expense Ratios to view the current expense ratio of the plans/options of this fund.
|
Fund Performance
Mirae Asset India Opportunities Fund is co-managed by Mr. Neelesh Surana and Mr. Gopal Agrawal.
| |
NAV(Rs. per unit) |
Returns |
Value (INR)* |
| |
|
MAIOF |
BSE 200 |
Sensex** |
MAIOF |
BSE 200 |
Sensex** |
|
30th Mar 2012 - 28th Mar 2013 &
|
17.522 |
8.33% |
6.03% |
8.27% |
10,833 |
10,603 |
10,827 |
|
31st Mar 2011 - 30th Mar 2012 &
|
16.176 |
-2.79% |
-9.28% |
-10.50% |
9,721 |
9,072 |
8,950 |
|
31st Mar 2010 - 31st Mar 2011 &
|
16.641 |
15.38% |
8.15% |
10.94% |
11,538 |
10,815 |
11,094 |
|
31st Mar 2009 - 31st Mar 2010 &
|
14.423 |
121.21% |
92.87% |
80.54% |
22,121 |
19,287 |
18,054 |
|
Since Inception(CAGR)- 28th March 13
|
17.522 |
11.91% |
3.81% |
4.20% |
17,522 |
12,051 |
12,276 |
|
Index Value (28th March, 2013)
|
Index Value of BSE 200 is 2,287.96 and Index value of Sensex is 18,835.77 |
|
Date of allotment
|
04-April-08 |
| Scheme Benchmark |
BSE 200 |
*Being the last business day.
Mirae Asset Emerging Bluechip Fund is managed by Mr. Neelesh Surana.
|
|
NAV at the end of the |
Return |
Return |
Return |
|
|
period (Rs. per unit) |
MAEBF |
CNX Midcap |
Sensex** |
|
30th Mar 2012 - 28th Mar 2013 &
|
12.682 |
9.67% |
-4.04% |
8.27% |
|
31st Mar 2011 - 30th Mar 2012 &
|
11.569 |
7.73% |
-4.09% |
-10.50% |
|
Since Inception(CAGR)- 28th March 13
|
12.682 |
9.13% |
-4.13% |
2.03% |
|
Index Value (28th March 2013)
|
Index Value of CNX Midcap is 7,401.60 and Index value of Sensex is 18, 835.77 |
|
Date of allotment
|
09-Jul-10 |
|
Scheme Benchmark
|
CNX Midcap |
Note: With effect from 1st October,2012 Mr. Neelesh Surana has been appointed as sole fund manager for the scheme. *Being the last business day.
Mirae Asset Global Commodity Stocks Fund is co-managed by Mr. Gopal Agrawal and Mr. Sumit Agrawal(Overseas Investment).
| |
NAV at the end of the period |
Returns |
Returns |
Returns |
Value |
Value |
Value |
| |
(Rs. per unit) |
MAGCSF |
Scheme Benchmark |
Sensex** |
MAGCSF |
Scheme Benchmark |
Sensex** |
|
30th Mar 2012 - 28th Mar 2013 &
|
11.507 |
-4.51% |
-4.48% |
8.27% |
9.549 |
9.552 |
10,827 |
|
31st Mar 2011 - 30th Mar 2012 &
|
12.047 |
-10.10% |
-10.05% |
-10.50% |
8,990 |
8,995 |
8,950 |
|
31st Mar 2010 - 31st Mar 2011 &
|
13.401 |
11.83% |
20.11% |
10.94% |
11,183 |
12,011 |
11,094 |
|
31st Mar 2009 - 31st Mar 2010 &
|
11.983 |
76.38% |
72.28% |
80.54% |
17,638 |
17,228 |
18,054 |
|
Since Inception(CAGR)- 28th March 13
|
11.507 |
3.09% |
5.26% |
5.53% |
11,507 |
12,663 |
12,832 |
|
Index Value (28th March, 2013)
|
Index Value of benchmark is 117.74 and Index value of Sensex is 18, 835.77 |
|
Date of allotment
|
20-Aug-08 |
|
Scheme Benchmark
|
MSCI AC Asia Pacific Selected Countries and Sectors Special Weighted Index |
Mirae Asset China Advantage Fund is managed by Mr. Sumit Agrawal.
| |
NAV at the end of the period |
Returns |
Returns |
Returns |
Value |
Value |
Value |
| |
(Rs. per unit) |
MACAF |
MSCI China(INR) |
Sensex** |
MACAF |
MSCI China(INR) |
Sensex** |
|
30th Mar 2012 - 28th Mar 2013 &
|
10.981 |
8.06% |
8.01% |
8.27% |
10,806 |
10,801 |
10,827 |
|
31st Mar 2011 - 30th Mar 2012 &
|
10.167 |
-8.22% |
-2.77% |
-10.50% |
9,178 |
9,723 |
8,950 |
|
31st Mar 2010 - 31st Mar 2011 &
|
11.078 |
15.75% |
6.12% |
10.94% |
11,575 |
10,612 |
11,094 |
|
Since Inception(CAGR)- 28th March 13
|
10.981 |
2.80% |
2.86% |
4.80% |
10,981 |
11,006 |
11,725 |
|
Index Value (28th March, 2013)
|
Index value for benchmark is 422.24 and Index value of Sensex is 18,835.77 |
| Date of allotment |
05-Nov-09 |
| Scheme Benchmark |
MSCI China(INR) |
Note: With effect from 1st October,2012 Mr. Sumit Agrawal has been appointed as sole fund manager for the scheme. *Being the last business day.
Mirae Asset India-China Consumption Fund is co-managed by Mr. Neelesh Surana, Mr. Gopal Agrawal and Mr. Sumit Agrawal(Overseas Investment).
| |
NAV at the end of the |
Return |
Return |
Return |
| |
period (Rs. per unit) |
MAICCF |
Scheme Benchmark |
Sensex** |
|
30th Mar 2012 - 28th Mar 2013 &
|
12.348 |
12.65% |
12.58% |
8.27% |
|
31st Mar 2011 - 30th Mar 2012 &
|
10.968 |
9.02% |
12.52% |
-10.50% |
|
Since Inception(CAGR)- 28th March 13
|
12.348 |
11.12% |
13.76% |
-0.75% |
|
Index Value (28th March, 2013)
|
Index Value of benchmark is 134.77 and Index value of Sensex is 18,835.77 |
| Date of allotment |
29-March 2011 |
| Scheme Benchmark |
MSCI India consumption Index(65%) + MSCI China Consumption Index(35%) INR |
*Being the last business day.
Past performance may or may not be sustained in future. The calculations of returns shall assume reinvestment of all payouts at the then prevailing NAV.
*Based on a standard investment of Rs. 10,000 made at the beginning of the relevant period. Returns provided are for regular plans. CAGR= Compounded Annualized Growth Returns. As per SEBI standard on performance disclosure, returns in INR terms based on a standard investment of Rs. 10,000/- have been shown only for Schemes that have been in existence for more than three years. **Alternate Scheme Benchmark.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Source: MSCI.
The MSCI data is comprised of a custom index calculated by MSCI for, and as requested by , (LICENSEE). The MSCI data is for internal use only and may not be redistributed or used in connection with creating or offering any securities, financial products or indices. Neither MSCI nor any other third party involved or related to compiling, computing or creating the MSCI data (the “MSCI Parties”) makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and the MSCI parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to such data. Without limiting any of the foregoing, in no event shall any of the MSCI parties have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even in notified of the possibility of such damages.
Disclaimer
Statutory Details:Trustee: Mirae Asset Trustee Company Private Limited; Investment Manager: Mirae Asset GlobalInvestments (India) Private Limited (AMC); Sponsor: Mirae Asset Global Investments Company Limited.
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 (including CBLO)/ 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.
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 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% (3) 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 Global Commodity Stocks Fund (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 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.
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:(a) If redeemed within 6 months (182 days) from the date of allotment - 2.00%. (b) If redeemed after 6 months (182 days) but within 1 year (365 days) from the date of allotment - 1.00%. (c) If redeemed 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.
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,Mirae Asset India Opportunities Fund, Mirae Asset Emerging Bluechip Fund, Mirae Asset Global Commodity Stocks Fund & Mirae Asset China Advantage Fund are only the names of the scheme 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). 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 SCHEME RELATED DOCUMENTS CAREFULLY".