Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF

Other: FoFs (Overseas/Domestic) | Growth

MAX CAGR

+12.87%

Fund Size

₹80.27 Cr

Min. Investment

₹99

QUICK FUND SUMMARY

Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF Growth is a mutual fund managing assets worth ₹80.27 Cr. The current NAV is ₹15.91 as of Jul 17. It has delivered a maximum CAGR of 12.87%. Investors can start with a minimum SIP amount of ₹99.

Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF Details

Fund Size

₹80.27 Cr

Type

Other: FoFs (Overseas/Domestic)

Minimum Investment

₹99

NAV (Jul 17)

₹15.91

Plan Type

Regular

Launch Date

07 Sep 2022

Lock in Period

0 days

Plan Option

Growth

Expense Ratio

0.43%

Withdrawal Charge

Exit load of 1%, if redeemed within 365 days.

Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF Peer Comparison

Comparison of funds that belong to the same category, based on historical returns

Returns Calculator

Monthly Investment

Time Period

Returns That Could Have Been Yours

3 years ago, had you invested:

₹3,600

You could have made a profit of:

₹764

Your Total Value could have reached:

₹4,364

Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF Risk Indicator

The risk of the scheme is very high

As per SEBI guidelines, we've provided a riskometer to help you gauge the potential risk level of a mutual fund, ensuring that your investments align with your financial goals and risk tolerance

FAQs on Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF

Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF is a Growth Others mutual fund managed by Mirae Asset Mutual Fund.

The current NAV of Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF is ₹15.91 as of Jul 17.

You can invest in Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF directly on share.market by searching for the fund, selecting your preferred mode (SIP or Lumpsum), and completing your KYC-verified investment in a few steps.

The minimum SIP amount for Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF is ₹99.

The expense ratio of Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF is 0.43%.

Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF has an exit load as follows: exit load of 1%, if redeemed within 365 days.

For Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF, if it is an Equity Fund of Funds (having ≥65% of domestic equity funds as underlying), capital gains are taxed similarly to equity funds: STCG of 20% (plus applicable surcharge and 4% health & education cess) if redeemed within 12 months and LTCG of 12.5% if redeemed after 12 months. For Non-Equity Fund of Funds (having <65% of domestic equity funds as underlying, including international, gold, and multi-asset FoFs), gains are taxed based on a 24-month holding period: if redeemed within 24 months or less, profits are added to your total income and taxed as per your individual income tax slab rate; if held for more than 24 months, profits are taxed at a flat rate of 12.5% without indexation benefits. The information set out above is included for general information purposes only and does not constitute legal, financial or tax advice. Tax laws are complex and subject to frequent amendments by the Government of India. In view of the individual nature of the tax consequences, each investor is advised to consult his or her own tax consultant with respect to specific tax implications arising out of their participation in the mutual fund scheme.

Disclaimer: Past performance is not an indicator of future returns.

Mutual Fund investments are subject to market risks, read all scheme related documents and carefully for more information.