Mirae Asset Mutual Fund launches Mirae Asset Tax Saver Fund

Mutual Fund
Nov 21, 2015 by Advisorkhoj Team | Mutual Fund | 14 Downloaded

NFO period: 20th November – 18th December 2015

Highlights of the NFO:

  • Scheme type – An open ended equity linked saving Scheme with a 3 years lock-in

  • Investment objective – The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns.

  • Product suitability – The product is suitable for investors who are seeking growth of capital over long term by investing predominantly in equity and equity related instruments.

  • Minimum Application Amount – First investment Rs. 500/- and multiples of Rs. 500/- thereafter.

  • Plan/ Options available – Regular Plans and Direct Plans having Growth Option & Dividend Option. The Dividend Option shall have only Dividend Payout option.

  • Fund Managers – Mr. Neelesh Surana (for equity portion) and Mr. Yadnesh Chavan (for debt portion).

  • Benchmark – S&P BSE 200

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

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