Mirae Asset Multicap Fund NFO
Scheme Details
Launch Date : 28th July 2023
Close Date : 11th August 2023
Type : Combination of Large, Medium & Small cap companies for your investment appetite.
Plans : Regular Plan and Direct Plan.
Option: Growth Option & Income Distribution cum Capital Withdrawal option (IDCW) – Payout & Reinvestment option
Minimum application amount : For NFO & ongoing offer period, `5,000/- and in multiples of `1/- thereafter.
SIP Amount: Available for Monthly and Quarterly at 1000/- (multiples of `1/- thereafter),
Entry Load – Nil
Exit Load(*for SWP see below) - If redeemed within 1 year (365 days) from the date of allotment: 1% of the applicable NAV
If redeemed after 1 year (365 days)
from the date of allotment: NIL
Fund manager : Mr. Nimesh Chandan and Mr. Sorbh Gupta (Equity Portion) and Mr. Siddharth Chaudhary (Debt Portion)
Benchmark Index : Nifty 500 Multicap 50:25:25 TRI Index
Taxation: Equity
Multi Cap - An open-ended equity scheme investing across large cap, mid cap and small cap stocks
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related instruments across market capitalization. However, there is no assurance that the investment objective of the Scheme will be realized.
Why invest in MAMUF?
PRODUCT LABELLING
Mirae Asset Multicap Fund is suitable for investors who are seeking*
- To generate long term capital appreciation /income
- Investments predominantly in equity and equity related securities of large cap / mid cap/ small cap companies.
*Investors should consult their financial advisors if they are not clear about the suitability
of the product.
Source : mirrae asset flyer
(Disclaimer: The content herein does not consider individual investor’s objectives, risk appetite or financial needs or circumstances or the suitability of the mutual fund products described herein. Hence, investors are advised to consult their professional investment adviser/ consultant/ tax advisor for investment advice.
A mutual fund scheme is NOT a DEPOSIT product and is not an obligation of, guaranteed, or insured by the mutual fund or its AMC. Due to the nature of the underlying investments, the returns or the potential returns of a mutual fund product cannot be guaranteed. When presented, historical performance is purely for reference purposes and does not guarantee future results)
Mutual funds are solely Distributed by GoldenFundswala under AMFI ARN- 246349, BSE Star MF- 57315
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.