Mirae Asset mutual fund has collected Rs 80 crore through its Mirae Asset India Opportunities Fund during its initial offer period from 11 February 2008 to 11 March 2008. Mirae Asset India Opportunities Fund is an open-ended equity oriented fund. The objective of the scheme is to seek to generate long-term capital appreciation by capitalizing on potential opportunities through predominantly investing in equities and equity related securities.
The scheme provides regular and institutional plans with growth and dividend payout option. Dividend option shall have the choice of dividend payout; dividend reinvestment and dividend transfer options. The scheme will invest 65%-100% Indian equities and equity related securities and 0-30% in money market instruments and debt securities investments.
The scheme provides regular and institutional plans with growth and dividend payout option. Dividend option shall have the choice of dividend payout; dividend reinvestment and dividend transfer options. The scheme will invest 65%-100% Indian equities and equity related securities and 0-30% in money market instruments and debt securities investments.
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