| Mutual Fund | Mirae Asset Mutual Fund |
| Scheme Name | Mirae Asset Balanced Advantage Fund |
| Objective of Scheme | The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. However, there is no assurance or guarantee that the investment objective of the scheme will be realized. |
| Scheme Type | Open Ended |
| Scheme Category | Hybrid Scheme – Dynamic Asset Allocation or Balanced Advantage |
| New Fund Launch Date | 21-Jul-2022 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 03-Aug-2022 |
| Indicate Load Seperately | a) Entry Load: Not Applicable b) Exit Load: For Investors who have not opted for SWP under the plan (including Switch out, STP out): – If redeemed within 1 year (365 days) from the date of allotment: 1% of the net asset value • If redeemed after 1 year (365 days) from the date of allotment: NIL For investors who have opted for SWP under the plan may refer Scheme Information Document for applicable provisions. |
| Minimum Subscription Amount | 5000 |
