Mirae Asset China Advantage Fund

Mirae Asset China Advantage Fund is being managed by Gopal Agrawal and Neelesh Surana. This is an International Equity Fund. If you have invested in this fund, exit now to invest in a better performing fund. New investors can safely skip this fund.

Where does Mirae Asset China Advantage Fund invest your money?

The scheme seeks to generate capital appreciation by investing predominantly in units of Mirae Asset China Sector Leader Equity Fund and/or units of other mutual fund schemes, units of exchange traded schemes that focus on investing in equities and equity related securities of companies domiciled in or having their area of primary activity in China and Hong Kong.

Suitable for what?
  • Creating wealth
  • Lifestyle needs
Not suitable for what?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home Purchase
How has Mirae Asset China Advantage Fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched in Nov 2009, your value of investments would be around Rs 1.10 lakhs. The performance has not been better than other mutual funds in this category. 

Assume you had invested Rs 10,000 every month in Mirae Asset China Advantage Fund through SIP since inception today you would have around Rs 4.44 lakhs.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
What are the charges applicable?

If units are sold within a year from the date of allotment, an exit load of 1% is charged. No exit load applies for units withdrawn post one year. Expense ratio of Mirae Asset China Advantage Fund is 2.15%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

The returns in an equity mutual fund are absolutely tax free, provided you do not withdraw within 1 year. 

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