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Last 30 days views on this product: 50
Mirae Asset Cash Management Fund
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Mirae Asset Cash Management Fund
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Apurv Gupta
@apurv123
Apr 20, 2020 08:50 PM
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Not happy with change in scheme characteristics
Formerly known as Mirae Asset India Equity Fund, this fund has now been renamed as Mirae Asset large cap fund. Previously it was a MultiCap fund & I started SIP of rs. 1500 in 2018.
KYC submission was easy & customer support team was helpful. I invested in this fund after analysing fund management team, fund performance & other parameters.
But later on according to SEBI guidelines it was converted to large cap fund . I felt disappointed as fund characteristics & strategy completely changed, I had to revisit my financial goals and I felt disappointed.
But since then this fund is performing satisfactorily in this tough times due to large capital invested in bluechip companies.
I would suggest everyone to go through the fund portfolio, investment strategy & minimum time horizon before investing.
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