What is a mutual fund?

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.

How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

Mirae Asset China Advantage Fund - Regular Plan Growth Option (Merged with Mirae Asset Great Consumer Fund - Regular Plan)

Mirae Asset China Advantage Fund - Investment Information

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₹17.3 (0%)
Current NAV 2017-09-14
19.27%
Returns
Min. SIP ₹1000

Min. Investment ₹5000

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Fund Suitability Test

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.

Basic Details

Key Information About Investing Details.

CategoryInternational
KRAKARVY
Inv. PlanGrowth
Launched In20-Sep-09
BenchmarkS&P BSE 200 (65), S&P Asia Pacific Emerging BMI Index (35)
Fund TypeOpen Ended
Fund HouseMirae Asset Mutual Fund

Investment Details

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Fund size