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4.0

Summary

Mirae Asset India Equity Fund
Apurv Gupta@apurv123
Apr 20, 2020 08:50 PM, 537 Views
(Updated Apr 21, 2020)
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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