Mirae Asset Mutual Fund launches Mirae Asset Tax Saver Fund

NFO period: 20^th November – 18^th December 2015

Highlights of the NFO:

• Scheme type – An open ended equity linked saving Scheme with a 3 years lock-in


• Investment objective – The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns.


• Product suitability – The product is suitable for investors who are seeking growth of capital over long term by investing predominantly in equity and equity related instruments.


• Minimum Application Amount – First investment Rs. 500/- and multiples of Rs. 500/- thereafter.


• Plan/ Options available – Regular Plans and Direct Plans having Growth Option & Dividend Option. The Dividend Option shall have only Dividend Payout option.


• Fund Managers – Mr. Neelesh Surana (for equity portion) and Mr. Yadnesh Chavan (for debt portion).


• Benchmark – S&P BSE 200