Mirae NFO named MIRAE ASSET EQUITY SAVINGS FUND is being offered from 26-Nov-2018 to 10-Dec-2018.
About Offer
| Name of the Scheme | MIRAE ASSET EQUITY SAVINGS FUND |
| Fund House | MIRAE ASSET MUTUAL FUND |
| Scheme Type | Open Ended |
| Scheme Category | Hybrid Scheme-Equity Saving |
| Plans | Direct, Regular, Both have Growth and Dividend options. |
| Issue Starts | 26-Nov-2018 |
| Issue Close | 10-Dec-2018 |
| NFO Unit Price | Rs 10 per unit (During NFO) |
| Minimum Investment | Rs 5000 |
| Entry Load | No Entry Load |
| Exit Load | No exit load for up to 15% of the units, 1% on redemption within 365 Days |
| Investment Manager | Mirae Asset Global Investments (India) Private Limited |
About Mirae Asset
Mirae Asset Global Investments Co. Limited was founded in the year 1997 in Seol, South Korea. It provides a variety of financial services including asset management, wealth management, investment banking, and life insurance. As of 30 June 2018, the total Asset Under Management (AUM) was estimated at $123.5 billion. This company operates in 12 countries including India, China, UK, and the United States.
It established itself in India in the year 2007 with a seed capital of US$50 million. Although, it entered in India in the year 2004 as a foreign institutional investor (FII).
Registered & Corporate Office: Unit No.606, Windsor Building, Off. C.S.T Road, Kalina, Santacruz (East), Mumbai – 400098
Telephone: 022-678 00 300, Website: www.miraeassetmf.co.in E-mail: miraeasset@miraeassetmf.co.in
(Read: NFO: New Fund Offer of Mutual Funds)
Objectives of Scheme (Mirae NFO)
The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity-related instruments, arbitrage opportunities, and investments in debt and money market instruments. The Scheme does not assure or guarantee any returns.
Please click here to read the scheme related document.
Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.
Tags: #NFO #Mutual Fund #New Mutual Fund #Mirae NFO
