Top Recommended Equity Funds For March 2019

MIRAE ASSET INDIA EQUITY FUND

Investors in India are sceptical of name “Mirae” as it is new and people haven’t heard of an international known name “Mirae”. Originating from South Korea, Mirae Asset was founded in 1997 in the wake of the Asian financial crisis. Today, Mirae Asset is present in 14 countries across 5 continents. Mirae Asset Mutual Fund was established in India in November 2007 with a seed capital of US$ 50 million. Mirae Asset Mutual Fund is sponsored by Mirae Asset Global Investments Co. Limited, South Korea

ABSOLUTE RETURNS (IN %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4
2018 -6.7 2.5 2.7 0.8
2017 14.0 5.4 3.6 8.8
2016 -4.3 9.2 7.0 -5.9
2015 4.1 -1.3 -2.2 0.8
2014 8.4 20.5 8.7 7.1

View where it stands within its peers

Mirae Asset India Equity Fund (erstwhile Mirae Asset India Opportunities Fund) is an open ended equity oriented scheme that strives to maximise opportunities under different market conditions. The scheme is ranked 1 in MultiCapFund Category by Crisil (for quarter ended Dec 2018 )

  • AUM GROWTH TREND

  • AUM BY CLIENT TYPE

  • MIRAE ASSET FOLIOS

Performance Chart (NAV as on 15th March, 2019)

Period Invested for 10000 Invested on Latest Value Absolute Returns Annualised Returns
1 Week 8-Mar-19 10335.77 3.36% -
1 Month 15-Feb-19 10729.23 7.29% -
3 Month 17-Dec-18 10442.58 4.43% -
6 Month 17-Sep-18 10127.14 1.27% -
YTD 2-Apr-18 11112.29 11.12% -
1 Year 15-Mar-18 10956.3 9.56% 9.56%
2 Year 15-Mar-17 12870.96 28.71% 13.45%
3 Year 15-Mar-16 16852.84 68.53% 19.00%
5 Year 18-Mar-14 23634.57 136.35% 18.79%
10 Year 16-Mar-09 84600.67 746.01% 23.80%
Since Inception 4-Apr-08 50422 404.22% 15.92%