Sensex

Tuesday, March 22, 2011

Fw: NFO: Mirae Asset IndiaChina Consumption Fund (Closes on March 23, 2011)

 

Dear  Sir / Madam,


 The fund invests in heterogenous sectors constituting the consumption theme in India and China with a skew towards India.

Considering the growth rate combined with the demographic advantage that the two economies enjoy, we believe that an investor may take exposure in the fund with a long term investment horizon.

The scheme features are as follows-


Fund name: Mirae Asset India-China Consumption Fund

Fund Managers: Mr. Gopal Agrawal (Dy. CIO and Head of Equities), Mr. Neelesh Shah (Sr. Fund Manager), Mr. Basavraj Shetty (Fund Manger - Overseas Investments)

Fund Type: An Open Ended Equity Oriented Scheme

Investment Plan/Options: Growth and Dividend

Minimum investment amount: Rs 5000/- or any amount in multiples of Rs.1/- thereafter. Additional investments in an existing folio can be made for Rs. 1000/- and in multiples of Rs. 1/- thereafter.

Load Structure: Entry Load: - Nil, Exit load: - 1% if redeemed within 365 days from the date of allotment/investment

Benchmark index: MSCI India Consumption Index (65%) + MSCI China Consumption Index (35%) (With quarterly rebalancing) (Price in INR)


Please click the link  http://www.bajajcapital.com/download/Mirae-india.pdf  for the product note on the scheme  your ready reference.

 



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