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News Mirae Asset Mutual Fund launches Mirae Asset Focused Fund
Apr 23, 2019
Mutual Fund
Mirae Asset Mutual Fund launches Mirae Asset Focused 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.)
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