Mirae Asset India Equity Fund - Direct Plan

Scheme Type
Open-ended
Scheme Category
Multi Cap
Benchmark Type
S&P BSE 200
Scheme AUM (in Crs.)
₹ 7945.03
Expense Ratio
1.32%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 20569
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
50.197
(0.8 %)
NAV as on 2018-11-19
Returns
Fund
Mirae Asset India Equity Fund - Direct Plan
1 Year
2.31%
3 Year
15.41%
5 Year
20.63%
AMC Details
amc launch date
Launch Date
30 Nov 2007
amc sponsor
Sponsor
NA
amc email
Email
customercare@miraeasset.com
amc phone
Phone
022 - 67800300
amc address
Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
Exit load of 1% if redeemed within 1 year
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
The scheme aims to maximize long term capital appreciation by finding investment opportunities resulting from Indian economic growth and its structural shifts through investing in equity and equity related securities.
Suitability
"Long-term capital appreciation
• Investment in equities equity related securities"
Fund Analysis
Neelesh Surana has been with the fund since its start and has been actively managing the fund while sticking to finding the large cap growth stocks with attractive prices. The fund has succefully managed to outperform the benchmark and its peers while maintaining the funds volatility. In the long run the fund has managed to be in top positions when it comes to large caps.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
6,041
Portfolio Value
41
Total Returns