Mirae Asset Balanced Advantage Fund – Mirae Asset Mutual Fund files offer document with SEBI
Mirae Asset Mutual Fund has filed offer document with SEBI to launch An open-ended Dynamic Asset Allocation Fund..
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to capitalize on the potential upside of equities while at tempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments (Indian and global equities) and active use of debt, money market instruments and derivatives.
The fund manager for this scheme is Mr. Harshad Borawake,Mr. Mahendra Jajoo and Mr. Siddharth Srivastava
This product is suitable for investors who are seeking To generate long-term capital appreciation/income
Investment in equity, equity related securities & debt, money market instruments while managing risk through active allocation.
“The scheme asset allocation will be Equity and equity related instruments (0-100%)
Debt securities (including securitized debt) and money market instruments (including Triparty REPO, Reverse Repo and equivalent) (0-100%)
Units issued by REIT/InVITs (0-10%)”
The riskometer for this scheme is High
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| Name of Mutual Fund | Mirae Asset Mutual Fund |
| Scheme Name | Mirae Asset Balanced Advantage Fund |
| About Scheme | An open-ended Dynamic Asset Allocation Fund. |
| Offer of Unit | Rs.10 |
| Objective | to capitalize on the potential upside of equities while at tempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments (Indian and global equities) and active use of debt, money market instruments and derivatives. |
| Name of Fund Manager | Mr. Harshad Borawake,Mr. Mahendra Jajoo and Mr. Siddharth Srivastava |
| This product is suitable for investors who are seeking | To generate long-term capital appreciation/income Investment in equity, equity related securities & debt, money market instruments while managing risk through active allocation. |
| The scheme asset allocation will be | Equity and equity related instruments (0-100%) Debt securities (including securitized debt) and money market instruments (including Triparty REPO, Reverse Repo and equivalent) (0-100%) Units issued by REIT/InVITs (0-10%) |
| Riskometer | High |
| DRHP | Click here |