Set up in the year 2007 and incorporated in the year 2006, Mirae Asset Mutual Fund is one of the most recent and popular mutual fund schemes in the country today. Sponsored by the Mirae Asset Global Investments Co. Ltd, the company currently manages a net worth of Rs. 13467 crore.
What is the Mirae Asset India Opportunities?
As far as the Mirae Asset Mutual Fund is concerned, Mirae Asset India Opportunities fund is among the most consistently performing mutual fund schemes, among the large cap schemes. The following points underscore the statement:
- So far as the Mirae Asset Mutual Fund is concerned, the India Opportunities, it must be noted, has shown tremendous stability and consistency performance wise compared to other mutual fund schemes.
- It may be noted that two key principles underline the policy of the Mirae Asset India Opportunities: first, it chiefly aims to buy companies that ensure high return rates apart from the consistent flux of incremental cash.
- Secondly, the fund manager always keeps in mind the attractiveness in valuations of the company. These two underline the crux of the policy of the mutual fund scheme.
How Propitious is the Mirae Asset India Opportunities?
In order to fully comprehend the ability of the Mirae Asset India Opportunities to emerge as choice investment option, it is essential to consider the following observations:
- First and foremost, it has been shown by a string of recent observations, the said mutual fund scheme has a five to ten per cent higher degree of exposure to large companies compared to its peers.
- Therefore, the above observation easily yields to the fact that the Mirae Asset India Opportunities has been a major investor puller compared to its peers in the market.
- According to the latest observations, it has been shown that in the past one year and three year periods, the mutual fund scheme has generated 28.6 per cent rate of return and 18.3 per cent rate of return respectively.
- Also, it must equally be noted that its index benchmark S&P BSE 200 has yielded 21.4 per cent rate of return and 10.1 per cent rate of return respectively.
- Valuation comfort is a vital thing so far as investments are concerned. It may be noted that in the past 6 months, the scheme’s fund manager has capitalized in such companies as have been known to ensure progressive valuation comfort apart from equally progressive earnings visibility.
Essential Takeaways from the Mirae Asset India Opportunities Fund
- So far as the Mirae Asset Mutual Fund is concerned, it may be useful to know that the Mirae Asset India Opportunities was launched in the year 2008.
- As mentioned earlier regarding the Mirae Asset Mutual Fund, it may be underlined that the India Opportunities mutual fund scheme has around Rs. 1450 crore assets under its management.
- Also, apart from the above points, it must equally be noted that the expense ratio of the Mirae Asset India Opportunities Funds is around 2.4 per cent.
- According to some of the most prominent research agencies, the Mirae Asset India Opportunities Fund is one of the highly rated mutual fund schemes in the market today.
- It is equally important to consider the fact that this mutual fund scheme has in time almost outgrown the average category trailing returns and on a regular basis at that.
- Skimming through the annual returns of the mutual fund scheme in the last five years, it will be revealed that it has outdone the performance of many of its peers.
Mirae Assets India Opportunities Fund: the Key Portions
- So far as the Mirae Asset Mutual Fund is concerned, the Mirae Assets India Opportunities Fund essentially tends to invest across sectors, themes and myriad investments styles.
- It is important to note that the portfolio of the Mirae Assets India Opportunities Fund is based on Core and Tactical portions.
- So far as the core portion is concerned, it is chiefly invested in quality businesses while the tactical portion is invested in short and middle term perspectives.
- So far as the risk factor of the Mirae Assets India Opportunities Fund is concerned, it may be noted that the risk volatility of the mutual fund scheme is comparatively lower than the other diversified equity funds.
- Primarily, the aspect of higher amount of returns and comparatively lower risk makes the Mirae Assets India Opportunities Fund a highly accessible mutual fund scheme.
- According to Sharp Ratio, which is primarily applied to calculate the risk adjusted returns, the ratio of this fund is significantly much higher than others in the same category.
- Also, it is important to note that the Mirae Assets India Opportunities Fund has an extremely well dividend pay out track record.
