Mirae Asset Equity Mutual Funds

Investment Objective

Mirae Asset Equity Mutual Fund aims to generate long-term capital growth by investing in diversified portfolios of equity and equity-related securities. The Fund seeks to provide investors with the opportunity to benefit from the potential of capital appreciation and dividends generated by the underlying stocks in the portfolio. The fund may also invest in fixed-income and money market instruments. The fund seeks to balance capital growth and income generation while investing in foreign securities, including ADRs and GDRs, to gain exposure to global markets.

Risks Involved in Mirae Asset Equity Mutual Funds 

Market risk is the primary risk involved in a Mirae Asset Equity Mutual Fund. This risk stems from the fund’s value being directly linked to the stock market’s performance. If the stock market goes down, then the value of the fund will also go down. There is also the risk of the fund manager making poor investment decisions which could lead to losses for the investor. Lastly, there is also the risk of the fund not performing as expected and not delivering the returns promised. 

Return Potential of Mirae Asset Equity Mutual Funds 

The risk potential of Mirae Asset Equity Mutual Fund is moderate to high. The fund has exposure to equity markets, and the fund’s performance is directly linked to the performance of the equities markets. Therefore, it is subject to market volatility and the potential for losses. In addition, the fund is actively managed, and the portfolio can frequently change, which adds to the risk potential. Investors should be aware that the fund may not perform as expected and may not achieve its investment objectives.

Who Should Invest in Mirae Asset Equity Mutual Fund?

Mirae Asset Equity Mutual Fund is suitable for investors with a high-risk appetite who are looking for long-term capital appreciation. It is ideal for investors who want to invest in the equity markets and are looking for potential returns over the long term. The fund suits those willing to take a higher risk to earn higher returns.

Things To Consider Before Investing in Mirae Equity 

1. Investment Goals: Before investing in Mirae Asset Equity Mutual Fund, it is essential to assess your investment goals and determine whether or not investing in this fund is the right choice for you. 
2. Risk Tolerance: Investing in equity mutual funds carries a higher risk than investing in other types of investments. Therefore, it is crucial to assess your risk tolerance and determine whether or not you are comfortable with the potential for losses. 
3. Fund Performance: It is also important to review the past performance of the Mirae Asset Equity Mutual Fund and assess whether it has generated consistent returns over time. 
4. Fund Manager: The fund manager decides which stocks and other investments the fund should purchase. It is important to evaluate the fund manager’s track record and make sure that they have a good understanding of the market and their investment strategy. 
5. Fees and Additional Charges: It is important to understand the fees and charges associated with investing in a mutual fund. This can help you determine whether or not the fund is worth investing in.

Tax on Mirae Asset Equity Mutual Fund

The tax rate on Mirae Asset Equity Mutual Fund varies depending on the investor’s tax bracket, and the type of mutual fund purchased. Generally, long-term capital gains from equity mutual funds are taxed at 15% for individuals in the highest tax bracket, 20% for those in the middle, and 10% for those in the lowest tax bracket. Short-term capital gains are taxed at the same rate as ordinary income. Additionally, investors may be subject to other taxes, such as state or local taxes.