Mirae Asset Mutual Fund launches Mirae Asset Corporate Bond Fund

Mutual Fund
Feb 24, 2021 by Advisorkhoj Team | Mutual Fund | 6 Downloaded

NFO period: 24th February – 09th March, 2021

Highlights of the NFO:

  • Scheme type – An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds

  • Investment objective – The investment objective of the scheme is to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds. The scheme does not guarantee or assure any returns.

  • Product suitability – This product is suitable for investors who are seeking to generate income over medium to long term by investing predominantly in high quality corporate bonds.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option (with Dividend Reinvestment and Payout Facility).

  • Fund Manager – Mr. Mahendra Kumar Jajoo

  • Benchmark – NIFTY Corporate Bond Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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