Some of the issues like NBFC crisis are cyclical in nature and should be resolved over the next couple of quarters
The fund, which will invest in a maximum of 30 stocks, will also have the flexibility to invest across large cap, mid cap and small cap categories and across sectors.
The scheme will invest at least 65 percent of its assets in equity and equity related securities of midcap companies
Mirae Asset is getting incrementally positive on the pharmaceutical sector as well but is underweight on PSBs, infrastructure/construction, real estate, and consumer staples
The fund house will allow investment up to Rs 25,000 in fresh registrations under systematic investment plan through monthly or quarterly options on 1st, 10th, 15th, 21st, and 28th
The scheme called Mirae Asset Nifty 50 ETF at least 95 percent of its assets in securities included in the Nifty 50 Index
The scheme was earlier jointly managed by Kasera and Neelesh Surana
For these schemes, the fund house will now levy a 1 percent exit load on redemption of units above 15 percent within one year from the date of allotment
Recent headwinds, in our opinion, are largely factored into the street expectations and also the valuations. Thus, we believe that there is a lot of value in the sector for a long-term investor
Mirae Asset Healthcare Fund, will remain open for subscription from June 11 to June 25, the fund house stated
Mirae Asset Healthcare Fund, will invest at least 80 percent of its corpus in equity and equity-related securities of companies that are likely to benefit either directly or indirectly from healthcare and allied sectors.
The scheme will be categorised as an open-ended hybrid scheme investing predominantly in equity and equity-related instruments
Unit holders who do not wish to move to Mirae Asset Great Consumer Fund can exit between Aug 16 and Sep 14
Improvement in macros like lower inflation, lower interest rates and domestic reforms will help revive earnings over time
As of now, the AUM of the company stands at Rs 7,700 crore, which comprises Rs 7,200 crore in equities alone.
Even as global bond markets are in the midst of a raging rally and are considered by many as being in a bubble, the local bond market stands on solid fundamental grounds, said Mahendra Jajoo, head-fixed income at Mirae Asset Mutual Fund in an interview to Moneycontrol.
Folios are numbers designated to individual investor accounts, though one investor can have multiple folios.
Mirae Asset Mutual Fund is contemplating launching a dynamic bond fund once it gets a go-ahead from the capital market regulator, said Mahendra Jajoo, Head-Fixed Income, Mirae Asset at an event in Mumbai today.
Mirae Asset Mutual Fund announces merger of its two scheme with effect from March 04, 2016.
Mirae Asset India China Consumption Fund announces dividend, the record date for dividend is January 25, 2016.
Mirae Asset Emerging Bluechip Fund announces dividend, the record date for dividend is January 05, 2016.
Mirae Asset India China Consumption Fund announces dividend, the record date for dividend is March 18, 2015.
Mirae Asset India Opportunities Fund announces dividend, the record date for dividend is February 13, 2015.
Mirae Asset Emerging Bluechip Fund announces dividend, the record date for dividend is December 08, 2014.
Mirae Asset Emerging Bluechip Fund announces dividend, the record date for dividend is March 18, 2014.