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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