Thursday, September 10, 2015

Mirae Asset China Advantage Fund - Regular Plan (Dividend)


1. China stock market is crash recently!

2. OK, I think we have a best opportunity to take advantage of a long term SIP in China stock market.
3. For this purpose I recommended a SIP of INR 1000 per month in Mirae Asset China Advantage Fund - Regular Plan (Dividend) and choose dividend reinvestment option.
4. New readers of my blog please visit this link to understand that why I prefer dividend reinvestment
5. I am also continue a SIP of INR 1000 per month in this fund.
6. Why I choose this fund ? first point china market is down and in next 3-5 year when china economy is re stable again then I assume that I get a huge profit on my investment., Second point It will be diversified my mutual fund portfolio from Indian market to china market ( I am also continue a INR 500 per month SIP in Japan market for this purpose.).
7. Today NAV of  Mirae Asset China Advantage Fund - Regular Plan (Dividend) is 13.690
8. This is a Fund of fund which hold 99.2% units of Mirae Asset China Sector Leader Eq Class X Cap USD fund So we also get Forex benefit in our investment.
9 . For example  NAV of this base fund Mirae Asset China Sector Leader Eq Class X Cap USD i is 11.79 USD so If you invest INR 1000 in this fund today then Indian arm of  Mirae Asset China Advantage Fund convert your INR 1000 in USD it is
1 INR= 0.015 USD
so 1000 INR= 15 USD
and Indian arm of this fund invest these 15 USD in  Mirae Asset China Sector Leader Eq Class X Cap USD fund @ 11.79 USD per unit
9. Means if you invest in this fund Mirae Asset China Advantage Fund - Regular Plan (Dividend) then NAV of fund depend on 2 factors first China stock market second Forex price of USD.
10. Discloser:- Author is not a registered mutual fund adviser but I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 I am personally hold units  of  Mirae Asset China Advantage Fund and continue a 1000 per month SIP in this fund so my personal interest is included in this fund. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Mirae Asset China Advantage Fund  ). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not not received any type of compensation from the subject company( Mirae Asset China Advantage Fund ) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company( Mirae Asset China Advantage Fund ). 6. I have been not engaged in market making activity for the subject company( Mirae Asset China Advantage Fund  ).
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