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Mirae Asset Mutual Fund launches Mirae Asset Focused Fund

by News Team | Mutual Fund

NFO period: 23rd April - 07th May, 2019

Highlights of the NFO:

  • Scheme type - An open ended equity scheme investing in a maximum of 30 stocks intending to focus in large cap, mid cap and small cap category (i.e., Multicap)

  • Investment objective - To generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies. There is no assurance that the investment objective of the Scheme will be realized.

  • Product suitability - This product is suitable for investors who are seeking to generate long term capital appreciation/income by investing in a concentrated portfolio of equity and equity related instruments of up to 30 companies across large, mid and small cap category.

  • 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 (Payout & Reinvestment Facility).

  • Fund Manager - Mr. Gaurav Misra

  • Benchmark - Nifty 200 Index (TRI)

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