Mirae Asset Balanced Advantage Fund : miraeassetmf.co.in

Organisation : Mirae Asset MF
Scheme Name : Mirae Asset Balanced Advantage Fund
Applicable State/UT : All India
Website : https://www.miraeassetmf.co.in/mutual-fund-scheme/hybrid-fund/mirae-asset-balanced-advantage-fund

What is Mirae Asset Balanced Advantage Fund?

The investment objective of the scheme (Mirae Asset Balanced Advantage Fund) is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.

Related / Similar Facility : Mirae Asset Tax Saver Fund

Investment Framework

The Scheme may utilise internal proprietary model to monitor the market so as to ascertain the asset allocation opportunities from time to time. This model may provide broad guidance regarding the relative valuation levels and scope of the market opportunities as may be relevant towards investing.

While the Fund manager may utilise this model as a broad indicator; the Fund manager shall have the final prerogative to apply his/her own discretion and judgement while determining the allocation percentage, the allocation interval and the allocation approach as may be appropriate to pursue the investment objective of the fund.

The Scheme will seek to measure the market valuation levels by simultaneously gauging both the Price to Earnings and the Price to Book levels of the Nifty 50 Index over periodic intervals. These two measures will be normalised vis-à-vis their long-term historical observations and would be aggregated together into a composite score.

This score may be applied to indicate the percentage deviation from the long-term historical average assuming a bell-curve distribution. The size of this deviation from the average in turn may guide the net equity allocation in the scheme. However, the fund manager would hold the final prerogative to further calibrate/increase/decrease the allocation depending on the emergent macro view and assessment.

Why Invest in the Fund?

** The fund follows a fundamental approach to assess equity market valuations at any given point of time to ascertain the desired net equity position of the fund.
** The fund therefore endeavors to provide an optimum equity market participation for an investor. The net equity and arbitrage position exposure helps to achieve equity capital gains taxation for the investor at all points of time. The debt exposure endeavors to provide an income approach to the fund.
** The fund attempts to provide a risk adjusted return experience while smoothening the volatility by actively managing the net equity position in the fund.

Minimum Investment Amount

Rs. 5000/- and in multiples of Re. 1/- thereafter.

How To Invest Mirae Asset Balanced Advantage Fund?

To Invest Mirae Asset Balanced Advantage Fund Online, Follow the below steps

Step-1 : Go to the link https://transact.miraeassetmf.co.in/investor/General/CreateUser.aspx
Step-2 : Click on the “Register” link
Step-3 : Fill the Online Registration Form and Submit
Step-4 : After successful registration, you can invest online.

Instruction:
** The First step is to associate your folio for any transactions. We request your attention on the below guidelines to ensure that you have a flawless online experience.
** We request you to select the transaction type from the drop down option available besides the scheme details displayed.
** We request you to select the scheme/plan/option you wish to transact.
** Please check all the details before confirming your transaction.
** For Purchase transaction, you will be directed to the designated bank registered under your folio for online payment.
** After you complete your payment, you will be redirected back to Mirae Asset Mutual Fund site with confirmation details. A confirmation e-mail will also be sent to your registered email address.
** Please ensure that the Know Your Customer (KYC) status is updated for all the holders under the folio. It is now mandatory for all investors with effect from 01st January 2011 irrespective of investment amount. Please click here for complete details on KYC.