Mirae Asset Emerging Bluechip Fund An open ended equity fund

Transcription

1 , January 2017

2 FUND FACTS Key Features Type of Scheme Invement Objective Mirae Asset India Opportunities Fund An open ended equity oriented scheme The invement objective of e scheme is to generate long term capital appreciation by capitalizing on potential invement opportunities rough predominantly inveing in equities, equity related securities. There is no assurance or guarantee of returns Mirae Asset Emerging Bluechip Fund An open ended equity fund To generate income and capital appreciation from a diversified portfolio predominantly inveing in Indian equities and equity related securities of companies which are not part of e top 100 ocks by market capitalization and have market capitalization of atlea `100 Crores at e time of invement. The Scheme does not guarantee or assure any returns Mirae Asset Prudence Fund An Open Ended Equity Oriented Asset Allocation Scheme The invement objective of e Scheme is to generate capital appreciation along wi current income from a combined portfolio of equity & equity related inruments and debt and money market inruments. The Scheme does not guarantee or assure any returns. Mirae Asset Tax Saver Fund An open ended equity linked saving scheme wi a 3 year lock-in period The invement objective of e scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related inruments. The Scheme does not guarantee or assure any returns. Fund Manager** Mr. Neelesh Surana managing is fund since May Mr. Neelesh Surana, managing e fund since inception of e fund. Mr. Neelesh Surana for Equity portion - managing is fund since Inception. Mr. Mahendra Jajoo for Debt portion Mr. Neelesh Surana for Equity portion - managing is fund since Inception. Mr. Mahendra Jajoo for Debt portion Allotment Date Benchmark Index Minimum Invement Amount Syematic Invement Plan (SIP) Load Structure 04 April, 2008 S&PBSE 200 `5,000/- and in multiples of `1/- ereafter. Minimum Additional Application Amount: `1,000/- per application and in multiples of `1/- ereafter. 09 July, 2010 Nifty Free Float Midcap 100 Fresh lumpsum subscription/switchin to all e Plans & Options of Mirae Asset Emerging Bluechip Fund (MAEBF) rough any mode including Stock Exchange platform has been temporarily suspended wi effect from October 25, 2016 Monly: `1,000/- (multiples of `1/- ereafter), minimum 6 inallments Quarterly: `1,500/- (multiples of `1/- ereafter), minimum 4 inallments For Mirae Asset Emerging Bluechip Fund maximum SIP amount is `25,000. ( For details refer addendum dated Oct 21, ) Entry load: NA Exit load: Wi effect from January 05, 2016; If redeemed wiin 1 year (365 days) from e date of allotment: 1% If redeemed after 1 year (365 days) from e date of allotment: NIL 29 July, 2015 CRISIL Balanced Fund Index `5,000/- and in multiples of `1/- ereafter. Minimum Additional Application Amount: `1,000/- per application and in multiples of `1/- ereafter. 28 December, 2015 S&PBSE 200 `500/- and in multiples of `500/- ereafter Minimum inallment of `500/- (monly / quarterly frequency) and in multiples of `500/- ereafter. Entry Load:NA Exit Load: NA Plans Available Options Available MonlyAverageAUM ( `Cr.) 2, asondecember31, 2016 Monly Avg. Expense Ratio (Including Services Tax) as on December 31, 2016 Product Labelling Regular Plan: 2.35% : 1.60% This product is suitable for inveors who are seeking*: Long - term capital appreciation invements in equities, equity related securities Regular Plan and Grow Option and (Payout & Re-invement) 2, Regular Plan: 2.37% : 1.60% This product is suitable for inveors who are seeking*: Long - term capital appreciation predominantly invements in Indian equities and equity related securities of companies which are not part of e top 100 ocks by market capitalization Regular Plan: 2.74% : 0.56% This product is suitable for inveors who are seeking*: Capital appreciation along wi current income over long term Invement predominantly in equities an equity related inruments wi balance exposure to debt and money market invements Grow Option and Dividend Payout Option Regular Plan: 2.72% : 1.25% This product is suitable for inveors who are seeking*: Grow of capital over long term Invement predominantly in equity and equity related inruments Riskometer LOW HIGH Inveors underand at eir principal will be at moderately high risk *Inveors should consult eir financial advisers if ey are not clear about e suitability of e product. **For experience of Fund Managers refer page no Mirae Asset Global Invements

3 FUND FACTS Key Features Mirae Asset Savings Fund Mirae Asset Great Consumer Fund Mirae Asset China Advantage Fund Mirae Asset Cash Management Fund Type of Scheme Invement Objective An open ended debt scheme The invement objective of e scheme is to seek to generate returns wi low volatility and higher liquidity rough a portfolio of debt and money market inruments. The Scheme does not guarantee any returns. An open-ended consumption oriented sector scheme The invement objective of e scheme is to generate long term capital appreciation by inveing in a portfolio of companies/funds at are likely to benefit eier directly or indirectly from consumption led demand in India and across e Asia Pacific region. The Scheme does not guarantee or assure any returns. An open ended fund of funds scheme The invement objective of e scheme is to generate long-term capital appreciation by inveing predominantly in units of Mirae Asset China Sector Leader Equity Fund and/or units of oer mutual fund schemes, units of exchange traded schemes at focus on inveing in equities and equity related securities of companies domiciled in or having eir area of primary activity in China and Hong Kong. The Scheme may also inve a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Domeic Mutual Funds, in order to meet liquidity requirements from time to time. The Scheme does not guarantee or assure any returns. An open ended Liquid scheme The invement objective of e scheme is to generate consient returns wi a high level of liquidity in a judicious portfolio mix comprising of money market and debt inruments. The Scheme does not guarantee any returns. Fund Manager** Allotment Date Benchmark Index Minimum Invement Amount Syematic Invement Plan (SIP) Load Structure Plans Available Options Available Monly Average AUM ( ` Cr.) as on December 31, 2016 MonlyAvg.ExpenseRatio (Including Services Tax) as on December 31, 2016 Product Labelling Riskometer Mr. Mahendra Jajoo 5 March, 2008 Mr. Neelesh Surana managing is fund since inception, Mr. Ankit Jain (Domeic Invements) managing is fund since Oct and Ms. Bharti Sawant (Overseas Invements) managing is fund since Augu March, 2011 CRISILLiquid Fund Index S&P BSE 200 (65%) & S&P Asia Pacific Emerging BMI (35%) Index MSCI China (in INRTerms) CRISILLiquid Fund Index `5,000/- and in multiples of `1/-ereafter. MinimumAdditionalApplicationAmount: `1,000/- per application and in multiples of `1/- ereafter. Entry Load: NA Exit Load: Nil Regular Savings Plan and Regular Savings Plan: 0.84% : 0.11% This product is suitable for inveors who are seeking*: Optimal returns over medium term Invement in a portfolio of debt and money market inruments Monly: `1,000/- (multiples of `1/- ereafter), minimum 6 inallments Quarterly: `1,500/- (multiples of `1/- ereafter), minimum 4 inallments Entry load: NA Exit load: Wi effect from January 05, 2016; If redeemed wiin 1 year (365 days) from e date of allotment: 1% If redeemed after 1 year (365 days) from e date of allotment: NIL Regular Plan and Grow Option and (Payout & Re-invement) Regular Plan: 2.95% : 1.52% This product is suitable for inveors who are seeking*: Long-term capital appreciation Invement in equity & equity related securities of companies benefiting directly or indirectly from consumption led demand in India & across e Asia pacific region Ms. Bharti Sawant managing is fund since Augu November, Regular Plan: 2.29% : 1.37% This product is suitable for inveors who are seeking*: Long - term capital appreciation Invement predominantly in units of MACSLEF (Mirae Asset China Sector Leader Equity Fund) and / or units of oer mutual fund schemes, ETFs, at focus on inveing in equities and equity related securities of companies domiciled in or having ere area of primary activity in China and Hong Kong. Mr. Mahendra Jajoo 12 January, 2009 Entry Load: NA Exit Load: Nil Regular Plan: 0.12% : 0.02% This product is suitable for inveors who are seeking*: Optimal returns over short term Invement in portfolio of short duration money market and debt inruments LOW HIGH Inveors underand at eir principal will be at moderately low risk LOW Inveors underand at eir principal will be at high risk HIGH LOW HIGH Inveors underand at eir principal will be at low risk *Inveors should consult eir financial advisers if ey are not clear about e suitability of e product. **For experience of Fund Managers refer page no Mirae Asset Global Invements

4 Market Outlook Equity Outlook 2017 The sudden demonetization gives a good opportunity to relook at e portfolio. While e resultant economic disruption will lead to earnings downgrades for FY17, we expect grow in FY18, supported by normal monsoons of 2016, implementation of e 7 Pay Commission, likely benign intere rate regime and likely passage of e GST Bill in The government has taken multiple eps to improve ease of doing business in various sectors in India and fruition of e efforts taken over e la few years will begin in FY18. Key events to watch for would be e Union Budget in February 2017 and passage of GST Bill later. Key domeic emes to play would be: Normalization of e economy po demonetization in early 2017 Market performance to follow FY18 earnings grow Union Budget and reforms We believe at market and ock performance will eventually follow fundamentals (earnings, profitability and management quality), and we too follow is approach in ock selection. While FY17 earnings are witnessing downgrades led by demonetization impact, FY18 could see double-digit earnings grow. We expect FY18 earnings grow to be better versus e FY15-17E period, helped by (a) likely normalization of profits in banks (particularly PSU banks), metals and pharmaceuticals (base effect), and (b) continued government spending and expected resilience in e rural economy, led by normal monsoons. Nifty valuations are trading near fair valuation and offer decent risk reward from medium to long term perspective. Debt Outlook 2017 Even as, at art of 2017, ere exis, rong divergence between e domeic and global economic environment, it promises to be an exciting and rewarding year for Fixed Income. Bond yields are expected to decline furer in later part of e year as space for furer rate cuts open up on improved fundamentals and as e global markets settle down. In India, CPI inflation is currently at 3.63%, a 3 year low. Core CPI inflation is currently icky at 5% but expected to ease. Contraction in money supply due to demonetization, improved Fiscal situation, relatively low commodity prices and rong supply management should push inflation lower next year. GDP grow was already slowing down in la quarters and transient effect of demonetization will call for imulus in e form of lower rates to incentives a revival. Partial shift of parallel economy to formal one as a result of demonetization initiative will also likely help improve govt revenue. In global arena, Fed hiked rates in December'16 and has guided for 3 more rate hikes in In expectation of huge fiscal expansion in US by incoming president and e resultant spike in inflation, tighter labor markets and higher fiscal deficit, US 10 year yields have risen sharply to about 2.60% in la couple of mons. Even as market seems to have priced in a very aggressive scenario, e scope for disappointment remains. A more detailed assessment of e fiscal plan of e new adminiration will be available in next few quarters as e new adminiration takes charge. World economy lacks grow triggers and e fiscal expansion alone may not provide a suainable grow momentum, possibly warranting a policy review from Fed of an extremely hawkish and, much as it happened in As such, even as e outlook seems somewhat patchy for now, spaces will likely open up for more rate cuts by RBI as e year progresses leading to lower rates. Key risk to is outlook remain a rong rebound in crude oil prices on e back of a recent production cut agreement between OPEC countries and any fresh shocks in e global banking syem. 4 Mirae Asset Global Invements

5 INDIA OPPORTUNITIES FUND - (MAIOF) (An open ended equity oriented scheme) Monly Factsheet as on December 2016 Fund Managers Regular Plan Ratios Volatility 15.31% Beta 0.98 R Squared 0.93 Sharpe Ratio # 0.89 Information Ratio 2.11 Portfolio Turnover Ratio^ Grow Option Grow Option Please refer la page for Dividend Hiory Mr. Neelesh Surana Allotment Date 4 April, 2008 Benchmark Index S&P BSE 200 NetAUM ( ` Cr.) 2, ` ` ` ` times Dividend Face Cum Record Date (`) Value (`) NAV (`) 09-Sep per Unit Dec per Unit Mar per Unit Mar per unit Jan per unit Feb per unit Mar per Unit Jul per Unit Pa Performance may or may not suained in future. Pursuant to payment of dividend e NAV of e dividend option of e scheme will fall to e extent of payout and atutory levy (if applicable). Dividend hiory is for MAIOF - Regular Plan - Absolute Return Fund Performance 120% MAIOF S&P BSE 200 S&P BSE SENSEX 104% 100% 84% 80% 76% 60% 52% 33% 35% 40% 22% 31% 17% 25% 30% 15% 20% 8% 8% 8% 3% 4% 4% 2% 0% - 2% -20% - 5% -40% - 20% - 25% - 33% - 37% - 27% -60% - 39% CY 2008* CY2009 CY 2010 CY 2011 CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 Pa Performance may or may not be suained in future. * Since inception of e fund. Portfolio Top 10 holdings % Allocation Allocation - Top 10 Sectors^ Equity Shares HDFC Bank Ltd 6.80% Banks 23.76% ICICI Bank Ltd 5.33% Software 9.11% State Bank of India 4.41% Auto 9.06% Larsen & Toubro Ltd 4.08% Cons. N-Durables 8.59% Infosys Ltd 3.96% Petrol Products 6.58% IndusInd Bank Ltd 3.56% Pharmaceuticals 6.12% Maruti Suzuki India Ltd 3.46% Con Project 5.51% ITC Ltd 3.36% Finance 4.28% HDFC Ltd 3.28% Transportation 3.16% Reliance Induries Ltd 2.92% Auto Ancillaries 2.86% Oer Equities 54.12% Oer Sectors 16.25% Equity Holding Total 95.28% 0% 10% 20% 30% 40% Cash & Oer Receivables 4.72% ^Indurywise classification as recommended by AMFI MAIOF S&P BSE 200 S&P BSE Sensex** % 3.95% 1.95% % -1.48% -5.03% % 35.47% 29.89% % 7.28% 6.51% ,966 18,493 17,354 Index Value of S&P BSE 200 is and Index value of S&P BSE Sensex is Date of allotment 04 April, 2008 S&P BSE 200 SIP Performance SIP Invement Since Inception 7 Years 5 Years 3 Years 1 Year Total Amount Inveed 10,40,000 8,40,000 6,00,000 3,60,000 1,20,000 Mkt Value as of 31 December, ,62,449 14,53,086 9,14,852 4,25,583 1,25,457 Fund Return* (%) 17.32% 15.38% 16.90% 11.18% 8.56% Benchmark Return* (%) (S&P BSE 200) 9.63% 8.50% 9.52% 4.83% 2.78% Add. Benchmark Return* (%) (S&P BSE Sensex) 8.09% 6.81% 6.99% 1.73% 1.18% Pa Performance may or may not suained in future. Note : For computation of since inception returns (%) e allotment NAV has been taken as ` The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No.12 ~Value of Invement of `10,000/- Inveed in e Scheme.**Additional Alternate Benchmark. *The SIP returns are calculated by XIRR approach assuming invement of `10,000/- on e 1 working day of every mon. All e performances shown on is page are for MAIOF - Regular Plan - Grow Option 5 Mirae Asset Global Invements

6 EMERGING BLUECHIP FUND - (MAEBF) (An open ended equity fund) Monly Factsheet as on December 2016 Fund Manager Mr. Neelesh Surana Allotment Date 9 July, 2010 Benchmark Index Nifty Free Float Midcap 100 NetAUM ( ` Cr.) 2, Regular Plan Ratios Volatility 16.27% Beta 0.84 R Squared 0.87 Sharpe Ratio # 1.66 Information Ratio 1.91 Portfolio Turnover Ratio^ Grow Option Grow Option Please refer la page for Dividend Hiory ` ` ` ` times Dividend Face Cum Record Date (`) Value (`) NAV (`) 29-Oct per Unit Mar per Unit Dec per Unit Jan per Unit Jul per Unit Pa Performance may or may not suained in future. Pursuant to payment of dividend e NAV of e dividend option of e scheme will fall to e extent of payout and atutory levy (if applicable). Dividend hiory is for MAEBF - Regular Plan - Absolute Return 100% 80% 60% 40% 20% 0% -20% -40% Pa Performance may or may not be suained in future. * Since inception of e fund. Equity Shares 13% 15% 7% - 16% - 25% - 31% IndusInd Bank Ltd 3.60% Kotak Mahindra Bank Ltd 3.49% ICICI Bank Ltd 3.35% The Federal Bank Ltd 3.05% Tata Chemicals Ltd 2.89% Exide Induries Ltd 2.84% Hinduan Petroleum Corporation Ltd 2.66% Voltas Ltd 2.49% Tata Steel Ltd 2.40% GAIL (India) Ltd 2.31% Oer Equities 67.26% Equity Holding Total 96.34% Cash & Oer Receivables 3.66% Fund Performance 46% 40% MAEBF Nifty Free Float Midcap 100 S&P BSE SENSEX 25% 14% 6% CY 2010* CY 2011 CY 2012 CY 2013 CY 2014 CY 2015 Portfolio Top 10 holdings % Allocation Allocation - Top 10 Sectors^ 8% - 6% 8% 84% 55% Banks Pharmaceuticals Finance Cons. N-Durables Auto Ancillaries Chemicals Indurial Products Gas Software Petrol Products Oer Sectors 30% 7.49% 6.38% 5.92% 5.42% 5.29% 4.84% 4.00% - 5% 13.49% 8.83% 8.30% 12% 7% 2% CY % 0% 10% 20% 30% 40% ^Indurywise classification as recommended by AMFI MAEBF Nifty Free Float Midcap 100 S&P BSE Sensex** % 7.13% 1.95% % 6.46% -5.03% % 55.91% 29.89% % 8.81% 6.38% ,664 17,289 14,931 Index Value of Nifty Free Float Midcap 100 is and Index value of S&P BSE Sensex is Date of allotment 09 July, 2010 Nifty Free Float Midcap 100 SIP Performance SIP Invement Since Inception 5 Years 3 Years 1 Year Total Amount Inveed 7,70,000 6,00,000 3,60,000 1,20,000 Mkt Value as of 31 December, ,40,959 11,86,311 4,89,310 1,28,784 Fund Return* (%) 25.21% 27.67% 21.00% 13.88% Benchmark Return* (%) ( Nifty Free Float Midcap 100) 13.60% 15.99% 12.28% 6.42% Add. Benchmark Return* (%) (S&P BSE Sensex) 6.82% 6.99% 1.73% 1.18% Pa Performance may or may not suained in future. Note : For computation of since inception returns (%) e allotment NAV has been taken as ` The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No.12 ~Value of Invement of `10,000/- Inveed in e Scheme.**Additional Alternate Benchmark. *The SIP returns are calculated by XIRR approach assuming invement of `10,000/- on e 1 working day of every mon. All e performances shown on is page are for MAEBF - Regular Plan - Grow Option Fresh lumpsum subscription/switch-in to all e Plans & Options of MiraeAsset Emerging Bluechip Fund (MAEBF) rough any mode including Stock Exchange platform has been temporarily suspended wi effect from October 25, For details refer addendum dated Oct 21, Fresh Regiration rough e Syematic Route i.e. Syematic Invement Plan (SIP)/Syematic Transfer Plan (STP)**/ Mirae Asset Variable Transfer Plan (VTP)/MiraeAsset Trigger Invement Plan (TRIP)/MiraeAsset Group Invement Plan (GRIP) shall be allowed for a maximum of upto Rs. 25,000/- (Rupees Twenty Five Thousand) per each inallment/execution per trade date before e cut off time of 15:00 hours. Furer, e said limit of Rs. 25,000/- rough all or any of e Syematic Route shall be applicable at PAN level for each Inveor. 6 Mirae Asset Global Invements

7 PRUDENCE FUND - (MAPF) An Open Ended Equity Oriented Asset Allocation Scheme Monly Factsheet as on December 2016 Fund Managers Mr. Neelesh Surana (Equity Portion) & Mr. M a h e n d r a J a j o o (Debt Portion) Allotment Date 29 July, 2015 Benchmark Index C R I S I L B a l a n c e d Fund Index NetAUM ( ` Cr.) Regular Plan Grow Option Grow Option Quantitative Data: Debt Portion ` ` ` ` Weighted Average Maturity 8.30 Years Modified Duration 5.44 Yield to Maturity 6.91% Ratios Portfolio Turnover Ratio^ Please refer la page for Invement Philosophy: The portfolio will comprise of Equity & Equity related inruments and Debt and Money market inruments. The portfolio will be mix of Equity for grow and Debt for ability, e asset allocation between Equity and Debt will be function of Valuation, Earnings Grow and Intere Rate Outlook. The portfolio will be a large cap biased. We will follow bottom-up Stock selection process and ere will be no bias towards any sector/emes. Invement Strategy 2.04 times For e equity portion Inves in larger companies which may provide ability to e fund Diversified portfolio of rong grow companies at reasonable price May not have bias towards any eme or yle For e debt portion Portfolio will be actively managed Top down approach for taking intere rate view and sector allocation view Bottom up approach for security/inrument selection Majorly to inve in Certificate of Deposits, Commercial Papers, Corporate and Government Securities of varying maturities Portfolio Top 10 holdings Equity Shares HDFC Bank Ltd 6.43% Infosys Ltd 4.00% Larsen & Toubro Ltd 3.53% ICICI Bank Ltd 3.50% State Bank of India 3.37% HDFC Ltd 3.33% ITC Ltd 3.15% Tata Consultancy Services Ltd 2.95% Maruti Suzuki India Ltd 2.71% IndusInd Bank Ltd 2.68% Oer Equities 37.33% Equity Holding Total 72.98% Government Bond 7.59% GOI (20/03/2029) 4.51% 7.61% GOI (09/05/2030) 3.03% 7.72% GOI (25/05/2025) 1.51% Government Bond Total 9.05% Corporate Bond 8.20% Power Grid Corp Ltd (23/01/2025) 2.98% 8.05% NTPC Ltd (05/05/2026) 1.49% 9.30% Power Fin Corp Ltd (27/08/2017) 1.45% Corporate Bond Total 5.92% Certificate of Deposit Indus Ind Bank Ltd (23/02/2017) 1.41% Certificate of Deposit Total 1.41% Commercial Paper % Allocation Dewan Housing Fin Corpn Ltd (23/02/2017) 1.41% Commercial Paper Total 1.41% Cash & Oer Receivables 9.23% Equity Allocation - Top 10 Sectors^ Banks 18.03% Software 8.54% Auto 7.52% Cons. N-Durables 6.11% Petrol Products 5.99% Con Project 4.31% Pharmaceuticals 4.19% Finance 3.91% Gas 2.51% Ferrous Metals 2.09% Oer Sectors 9.78% 0% 10% 20% 30% 40% ^Indurywise classification as recommended by AMFI Overall Asset Allocation 9.23% 17.79% 72.98% Equity Holdings Debt Holdings Cash & Oer Receivables Date of allotment 29 July, 2015 CRISIL Balanced Fund Index MAPF CRISIL Balanced Fund Index S&P BSE Sensex** % 6.66% 1.95% % 3.18% -2.40% ,825 10,456 9,660 Index Value of benchmark is and Index value of S&P BSE Sensex is SIP Invement Total Amount Inveed Mkt Value as of 31 December, 2016 Fund Return* (%) Benchmark Return* (%) ( CRISIL Balanced Fund Index) Add. Benchmark Return* (%) (S&P BSE Sensex) SIP Performance Since Inception 1 Year 1,70,000 1,20,000 1,80,451 1,25, % 8.51% 5.49% 5.87% 0.73% 1.18% Pa Performance may or may not suained in future. Note : For computation of since inception returns (%) e allotment NAV has been taken as ` The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No.12 ~Value of Invement of `10,000/- Inveed in e Scheme.**AdditionalAlternate Benchmark. *The SIP returns are calculated by XIRR approach assuming invement of `10,000/- on e 1 working day of every mon. All e performances shown on is page are for MAPF - Regular Plan - Grow Option 7 Mirae Asset Global Invements

8 TAX SAVER FUND - (MATSF) (An open ended equity linked saving scheme wi a 3 year lock-in period) Monly Factsheet as on December 2016 Fund Managers Regular Plan Grow Option Grow Option Mr. Neelesh Surana (Equity Portion) & Mr. M a h e n d r a J a j o o (Debt Portion) Allotment Date 28 December, 2015 Benchmark Index S&P BSE 200 NetAUM ( ` Cr.) Invement Philosophy: ` ` ` ` The invement objective of e scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related inruments. The Scheme does not guarantee or assure any returns. Portfolio Top 10 holdings % Allocation Equity Shares HDFC Bank Ltd 5.84% ICICI Bank Ltd 4.46% IndusInd Bank Ltd 4.02% Maruti Suzuki India Ltd 3.97% Larsen & Toubro Ltd 3.63% Infosys Ltd 3.59% Bajaj Auto Ltd 3.56% State Bank of India 3.29% Kotak Mahindra Bank Ltd 3.09% Hinduan Petroleum Corporation Ltd 2.94% Oer Equities 56.19% Equity Holding Total 94.58% Cash & Oer Receivables 5.42% Overall Asset Allocation Allocation - Top 10 Sectors^ Banks 22.75% Auto 10.16% Software 8.00% Pharmaceuticals 7.34% Cons. N-Durables 5.62% Petrol Products 5.22% Con Project 5.16% Chemicals 4.50% Auto Ancillaries 4.40% Finance 4.19% Oer Sectors 17.24% 0% 10% 20% 30% 40% ^Indurywise classification as recommended by AMFI Invement Strategy Diversified portfolio of rong grow companies at reasonable price. No bias towards any eme or yle. Portfolio will comprise of companies: Having robu business models Enjoying suainable competitive advantage Having high return ratios 5.42% 94.58% Equity Holdings Cash & Oer Receivables Date of allotment 28 Dec, 2015 S&P BSE 200 MATSF S&P BSE 200 S&P BSE Sensex** % 3.95% 1.95% % 4.36% 2.26% ,541 10,440 10,228 Index Value of benchmark is and Index value of S&P BSE Sensex is SIP Invement Total Amount Inveed Mkt Value as of 31 December, 2016 Fund Return* (%) Benchmark Return* (%) ( S&P BSE 200) Add. Benchmark Return* (%) (S&P BSE Sensex) SIP Performance Since Inception / 1Year 1,20,000 1,29, % 2.78% 1.18% Pa Performance may or may not suained in future. Note : For computation of since inception returns (%) e allotment NAV has been taken as ` The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No.12 ~Value of Invement of `10,000/- Inveed in e Scheme.**AdditionalAlternate Benchmark. *The SIP returns are calculated by XIRR approach assuming invement of `10,000/- on e 1 working day of every mon. All e performances shown on is page are for MATSF - Regular Plan - Grow Option 8 Mirae Asset Global Invements

9 GREAT CONSUMER FUND - (MAGCF) An open-ended consumption oriented sector scheme Monly Factsheet as on December 2016 Fund Managers Mr. Neelesh Surana, Mr. Ankit Jain and Ms. Bharti Sawant Allotment Date 29 March, 2011 Benchmark Index S&P BSE 200 (65%) & S&P Asia Pacific Emerging BMI (35%) Index Net AUM ( ` Cr.) Regular Plan Ratios Grow Option Grow Option ` ` ` ` Volatility 14.44% Beta 0.97 R Squared 0.72 Sharpe Ratio# 0.59 Portfolio Turnover Please refer la page for (Annualised) Invement Philosophy: 0.57 times The fund gives inveors a chance to inve in two of e world s fae growing countries in one go, wi India portion being more an 65% of e total portfolio. The fund inves in sectors which may benefit directly or indirectly from consumption led demand in India and across Asia Pacific region. The invement is focused on businesses which have suainable competitive advantages as is reflected in e return on invement, grow profile, etc. Portfolio Top 10 holdings Equity Shares HDFC Bank Ltd 6.89% ITC Ltd 4.77% ICICI Bank Ltd 4.24% Maruti Suzuki India Ltd 4.11% IndusInd Bank Ltd 4.07% Kotak Mahindra Bank Ltd 4.00% Exide Induries Ltd 3.29% Voltas Ltd 3.11% Zee Entertainment Enterprises Ltd 3.03% Bajaj Auto Ltd 2.99% Oer Equities 35.17% Equity Holding Total 75.67% International Mutual Fund Units % Allocation Mirae Asset Asia Great Consumer Eq Class X Cap USD 24.08% International Mutual Fund Units Total 24.08% Cash & Oer Receivables 0.25% Dividend Hiory Dividend Face Cum Record Date (`) Value (`) NAV (`) 11-Dec per Unit Mar per Unit Mar per Unit Jan per Unit Pa Performance may or may not suained in future. Pursuant to payment of dividend e NAV of e dividend option of e scheme will fall to e extent of payout and atutory levy (if applicable). Dividend hiory is for MAGCF - Regular Plan - Allocation - Top Holdings Domeic Equities Sectoral Allocation^ (Top 10 holdings) Banks Cons. N-Durables Auto Ancillaries Con Project Media & Ent. Consumer Durables Petrol Products Software Ind Products Oer Sectors 3.11% 3.03% 2.61% 2.17% 1.98% 1.88% 8.76% 4.60% 7.87% 22.19% 17.47% 0% 10% 20% 30% 40% ^Indurywise classification as recommended by AMFI 24.08% Auto Equity Holdings Fund Allocation 0.25% 75.67% International Mutual Fund Cash & Oer Receivables NAV at e end of e period # % 6.23% 1.95% % -1.72% -5.03% % 24.70% 29.89% % 13.45% 5.92% ,276 20,694 13,925 Index Value (31 December, 2016 ) Index Value of benchmark is and Index value of S&P BSE Sensex is Date of allotment 29 March, 2011 # S&P BSE 200 (65%) & S&P Asia Pacific Emerging BMI (35%) Index S&P BSE Sensex** Pa Performance may or may not suained in future. Note : For computation of since inception returns (%) e allotment NAV has been taken as ` The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No.12 ~ Value of Invement of `10,000/- Inveed in e Scheme.**AdditionalAlternate Benchmark. *The SIPreturns are calculated by XIRR approach assuming invement of `10,000/- on e 1 working day of every mon. All e performances shown on is page are for MAGCF - Regular Plan - Grow Option MAGCF SIP Invement Since Inception 5 Years 3 Years 1 Year Total Amount Inveed 6,90,000 6,00,000 3,60,000 1,20,000 Mkt Value as of 31 December, ,32,612 8,38,310 4,00,849 1,21,193 Fund Return* (%) 13.92% 13.35% 7.11% 1.85% Benchmark Return* (%) (S&PBSE 200 (65%) & S&P Asia Specific Emerging BMI (35%) Index) 13.45% 15.02% 9.20% 6.23% Add. Benchmark Return* (%) (S&P BSE Sensex) SIP Performance 7.18% 6.99% 1.73% 1.18% 9 Mirae Asset Global Invements

10 CHINA ADVANTAGE FUND - (MACAF) (An open ended fund of fund scheme) Monly Factsheet as on December 2016 Fund Manager Ms. Bharti Sawant Allotment Date 05 November, 2009 Benchmark Index NetAUM ( ` Cr.) 6.36 Regular Plan Grow Option Grow Ratios (Annualised) MSCI China (in INR Terms) ` ` ` ` Volatility 20.86% Beta 0.94 R Squared 0.88 Sharpe Ratio# Please refer la page for details. Invement Philosophy: The Fund inves in an underlying fund, which inves in equities of sector leading companies domiciled in, or exercising a large portion, of eir economic activity in China and Hong Kong. The fund gives inveors an opportunity to inve in China companies wi high invement potential. The emphasis on market leaders gives e fund a bias towards large/mid-cap names. Fund is positioned to take advantages of e grow opportunities related to e secular and ructural changes in China. Portfolio Top 10 holdings Mutual Fund Units & ETF % Allocation Mirae Asset China Sector Leader Equity Fund Eq Class X Cap USD % Total Allocation to International Mutual Fund Units % Cash & Oer Receivables -3.50% Equity Share holding of e underlying fund As on 30 November, 2016 Alibaba Group Holding Ltd. Sponsored ADR 9.80% Ping An Insurance 9.10% Tencent 8.90% Ctrip.com International Ltd Sponsored ADR 5.60% Xinyi Solar Holdings Ltd. 5.40% Sands China 4.80% AIA Group 4.60% Sunny Optical Technology (Group) Co. Ltd 4.10% Kweichow Moutai Co., Ltd. Class A 4.10% China Resources Gas Group Limited 3.90% Oers 39.70% The underlying Fund Holdings are given wi a 1 mon lag as per e internal portfolio holding release guidelines for SICAV Funds Sector Allocation as on 30 November 2016 Large Cap: (USD > 10Bln) Mid Cap: (USD 2-10Bln) (Underlying Fund) IT Cons. Discretionery Financial Healcare Consumer Staples Utilities Indurials Energy Cash 5.20% 4.70% 0.50% 11.20% 7.50% 6.00% 17.60% 16.30% ^Indurywise classification as recommended by GICS. Market Capitalization Allocation as on 30 November 2016 ( Underlying Fund) (Figures in USD Billion) 30.90% 0% 10% 20% 30% 40% 37.10% 53.60% Small Cap: (USD < 2Bln) 3.20% Cash 6.00% NAV at e end of e period MACAF MSCI China(INR) S&P BSE Sensex** % 0.67% 1.95% % -5.07% -5.03% % 6.63% 29.89% % 4.13% 7.32% ,514 13,361 16,575 Index value for benchmark is and Index value of S&P BSE Sensex is Date of allotment 05 November, 2009 MSCI China(INR) Pa Performance may or may not suained in future. Note : For computation of since inception returns (%) e allotment NAV has been taken as ` The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No.12 ~ Value of Invement of `10,000/- Inveed in e Scheme.**AdditionalAlternate Benchmark. All e performances shown on is page are for MACAF - Regular Plan - Grow Option 10 Mirae Asset Global Invements

11 CASH MANAGEMENT FUND - (MACMF) (An open ended liquid scheme) CRISIL AAAmfs Rated ~ Monly Factsheet as on December 2016 Fund Manager Mr. Mahendra Jajoo Allotment Date 12 January, 2009 Benchmark Index NetAUM ( ` Cr.) Regular Plan Weighted Average Maturity Modified Duration Grow Option Grow Option Quantitative Data Crisil Liquid Fund Index ` 1, ` 1, ` 1, ` 1, Days 0.10 Years Yield to Maturity 6.33% Portfolio Top holdings Top 10 holdings Certificate of Deposit Vijaya Bank (02/01/2017) 10.62% Indus Ind Bank Ltd (04/01/2017) 10.61% IDBI Bank Ltd (17/02/2017) 10.53% National Bank For Agri & Rural (16/02/2017) 10.53% Punjab & Sind Bank (24/01/2017) 2.12% Certificate of Deposit Total 44.41% Commercial Paper % Allocation Indiabulls Housing Fin Ltd (17/02/2017) 10.53% Small Ind Dev Bank of India (20/02/2017) 10.53% Reliance Capital Ltd (17/02/2017) 10.53% Sundaram Finance Ltd (28/02/2017) 10.50% Commercial Paper Total 42.09% 8.05% Rating Profile 4.25% 1.20% 86.50% A1+ SOV Fixed Deposit Cash & Oer Receivables Record Date Dividend Hiory Dividend ( `) Per Unit Individual Corporate Cum NAV ( `) 24-Oct , Nov , Dec , Treasury Bill 28 Days CMB 17 Jan % Treasury Bill Total 8.05% Fixed Deposit 6% HDFC Bank Ltd (22/02/2017) 4.25% 8.05% Allocation 4.25% 1.20% Face value `1000/-. Pa Performance may or may not suained infuture. Pursuant to payment of dividend e NAV of e dividend option of e scheme will fall to e extent of payout and atutory levy (if applicable). Dividend hiory is for MACMF - Regular Plan - Fixed Deposit Total 4.25% Cash & Oer Receivables Total 1.20% 42.09% 44.41% Certificate of Deposit Commercial Paper Treasury Bill Fixed Deposit Cash & Oer Receivables La 7 Days till 31 December, 2016 La 15 Days till 31 December, 2016 La 30 Days till 31 December, 2016 NAV at e end of e period MACMF CRISIL Liquid Fund Index Crisil 1 Year T-Bill** % 0.41% 0.28% % 0.25% 0.17% % 0.48% 0.19% % 7.48% 7.27% % 8.23% 8.22% % 9.21% 8.56% % 7.55% 6.22% , , , Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, Date of allotment 12 January, 2009 CRISIL Liquid Fund Index Pa Performance may or may not suained in future. $ For computation of since inception returns (%) e allotment NAV has been taken as ` (%) for less an 1 year calculated on simple annualized basis. The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No. 13. **AdditionalAlternate Benchmark.* Value of Invement of `10,000/- inveed in e Scheme. All e performances shown on is page are for MACMF - Regular Plan - Grow Option 11 Mirae Asset Global Invements

12 SAVINGS FUND - (MASF) (An open ended debt scheme) ICRA AAAmfs Monly Factsheet as on December 2016 # Fund Manager Mr. Mahendra Jajoo Allotment Date 5 March, 2008 Benchmark Index NetAUM ( ` Cr.) Crisil Liquid Fund Index Portfolio Top holdings Top 10 holdings % Allocation Rating Profile Certificate of Deposit Punjab & Sind Bank (24/01/2017) 9.81% Indus Ind Bank Ltd (23/02/2017) 9.76% Axis Bank Ltd (14/06/2017) 2.39% Certificate of Deposit Total 21.96% 19.89% 5.07% Corporate Bond 50.63% Regular Savings Plan Grow Option Grow Option ` 1, ` 1, ` 1, ` 1, % Dewan Hs Fin Corp Ltd (09/09/2019) 4.89% 9.64% Power Grid Corpn Ltd (31/05/2019) 2.60% 7.85% NABARD (31/05/2019) 2.51% 24.41% Weighted Average Maturity Modified Duration Quantitative Data Days 0.60 Years Yield to Maturity 6.52% 9.11% Power Finance Corp Ltd (07/07/2017) 2.49% 7.50% Power Fin Corp Ltd (16/08/2021) 2.48% 8.28% RECL Ltd (04/03/2017) 2.47% 8.7% Indbulls Hsg Fin Ltd (09/02/2018) 2.45% Cash & Oer Receivables AAA SOV A1+ Dividend Hiory Dividend ( `) Per Unit Cum NAV ( `) Record Date Individual Corporate 24-Oct , Nov , Dec , Corporate Bond Total 19.89% Government Bond 7.61% GOI (09/05/2030) 2.62% Government Bond Total 2.62% Treasury Bill 2.62% Allocation 2.45% 2.45% Face value `1000/-. Pa Performance may or may not suained infuture. Pursuant to payment of dividend e NAV of e dividend option of e scheme will fall to e extent of payout and atutory levy (if applicable). Dividend hiory is for MASF - Regular Savings Plan - 91 Days Tbill (19/01/2017) 2.45% Treasury Bill Total 2.45% Commercial Paper HDFC Ltd (23/01/2017) 2.45% Commercial Paper Total 2.45% Cash & Oer Receivables Total 50.63% 19.89% 21.96% 50.63% Cash & Oer Receivables Certificate of Deposit Corporate Bond Government Bond Treasury Bill Commercial Paper NAV at e end of e period Crisil Liquid MASF Fund Index Crisil 1 Year T-Bill** % 7.48% 7.27% % 8.23% 8.22% % 9.21% 8.56% % 8.42% 7.52% , , , Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, Date of allotment $ 26 June, 2012 CRISIL Liquid Fund Index Pa Performance may or may not suained in future. $ For computation of since inception returns (%) e allotment NAV has been taken as ` (%) for less an 1 year calculated on simple annualized basis. The performance of oer funds managed by e same fund managers are given in e respective page of e schemes and on page No. 13. **AdditionalAlternate Benchmark.* Value of Invement of `10,000/- inveed in e Scheme. $ All e performances shown on is page are for MASF - Regular Savings Plan - Grow Option - Since inception date is as 26 June, 2012 # ICRA Disclaimer: ICRA s mutual fund rating meodology is based on evaluating e inherent credit quality of e fund s portfolio. The scores are based on ICRA s eimates of credit risk associated wi each exposure of e portfolio taking into account its maturity. ICRA rating is not a recommendation to buy, sell or hold e rated scheme. The assigned rating ICRA AAAmfs is valid only for Mirae Asset Savings Fund. 12 Mirae Asset Global Invements

13 FUND PERFORMANCE For all Equity Funds Monly Factsheet as on December 2016 Performance of funds managed by Mr. Gopal Agrawal, Mr. Neelesh Surana & Ms. Bharti Sawant (Overseas Invements) MAIOF S&P BSE 200 S&P BSE Sensex** % 3.95% 1.95% % -1.48% -5.03% % 35.47% 29.89% % 7.28% 6.51% ,966 18,493 17,354 Index Value of S&P BSE 200 is and Index value of S&P BSE Sensex is Date of allotment 04 April, 2008 S&P BSE 200 Mirae Asset Emerging Bluechip Fund (MAEBF) - Fund Manager - Mr. Neelesh Surana MAEBF Nifty Free Float Midcap 100 S&P BSE Sensex** % 7.13% 1.95% % 6.46% -5.03% % 55.91% 29.89% % 8.81% 6.38% ,664 17,289 14,931 Index Value of Nifty Free Float Midcap 100 is and Index value of S&P BSE Sensex is Date of allotment 09 July, 2010 Nifty Free Float Midcap 100 Mirae Asset India Opportunities Fund (MAIOF) - Fund Manager - Neelesh Surana Mirae Asset Prudence Fund - (MAPF) Mr. Neelesh Surana (Equity Portion) & Mr. Mahendra Jajoo (Debt Portion) Date of allotment 29 July, 2015 CRISIL Balanced Fund Index MAPF CRISIL Balanced Fund Index S&P BSE Sensex** % 6.66% 1.95% % 3.18% -2.40% ,825 10,456 9,660 Index Value of benchmark is and Index value of S&P BSE Sensex is Mirae Asset Tax Saver Fund - (MATSF) Mr. Neelesh Surana (Equity Portion) & Mr. Mahendra Jajoo (Debt Portion) Date of allotment 28 Dec, 2015 S&P BSE 200 MATSF S&P BSE 200 S&P BSE Sensex** % 3.95% 1.95% % 4.36% 2.26% ,541 10,440 10,228 Index Value of benchmark is and Index value of S&P BSE Sensex is Mirae Asset Great Consumer Fund (MAGCF) - Fund Manager - Mr. Neelesh Surana, Mr. Ankit Jain & Ms. Bharti Sawant (Overseas Invements) NAV at e end of e period MAGCF # % 6.23% 1.95% % -1.72% -5.03% % 24.70% 29.89% % 13.45% 5.92% ,276 20,694 13,925 Index Value (31 December, 2016 ) Index Value of benchmark is and Index value of S&P BSE Sensex is Date of allotment 29 March, 2011 # S&P BSE 200 (65%) & S&P Asia Pacific Emerging BMI (35%) Index S&P BSE Sensex** Pa Performance may or may not suained in future. $ For computation of since inception returns (%) e allotment NAV has been taken as ` In case, e art / end date of e concerned period is a non-business date (NBD), e NAV of e previous date is considered for computation of returns. Load is not considered for computation of return. The calculations of returns shall assume reinvement of all payouts at e en prevailing NAV. provided are for Regular Plan-Grow Option. Return(%) for less an 1 year are calculated on simple annualized basis. CAGR - CompoundedAnnualised Grow returns. *As per SEBI andard on performance disclosure, returns in INR terms based on a andard invement of `10,000/- have been shown only for Schemes at have been in exience for more an ree years. NAV (per unit) is at e end of e period. **Alternate Scheme - Benchmark. S&P Disclaimer: S&P BSE 200 (65%) & S&PAsia Pacific Emerging BMI (35%) Index (e Index ) are e exclusive property of S&P Opco. LLC, a subsidiary of S&P Dow Jones Indices LLC ( S&P Dow Jones Indices ) and / or its affiliates. MiraeAsset Global Invements (India) Pvt. Ltd. has contracted wi S&P Down Jones Indices to calculate and maintain e Index. Neier S&P Dow Jones Indices nor any of its affiliates shall be liable to MiraeAsset Global Invements (India) Pvt. Ltd. for any loss or damage, direct, indirect or consequential, arising from (i) any inaccuracy or incompleteness in, or delays, interruptions, errors or omission in e delivery of, e Index or any data related ereto or (ii) any decision made or action taken by Mirae Asset Global Invements (India) Pvt Ltd in reliance upon such Index and / or data. Neier S&P Dow Jones Indices nor its affiliates shall be liable to MiraeAsset Global Invements (India) Pvt. Ltd. for loss of business revenues, lo profits or any punitive, indirect, consequential, special or similar damages whatsoever, wheer in contract, tort or oerwise, even if advised of e possibility of such damages. MiraeAsset Global Invements (India) Pvt. Ltd. expressly acknowledges at S&PDow Jones Indices and its affiliates do not make any warranties, express or implied, wi respect to e Index and / or its related data, including, wiout limitation, (i) any warranties wi respect to e timeliness, sequence, accuracy, completeness currentness, merchantability, quality or fitness for a particular purpose of such Index and / or data or (ii) any warranties as to e results to be obtained by e MiraeAsset Global Invements (India) Pvt. Ltd. or any oer person or entity in connection wi use of such Index and / or data. 13 Mirae Asset Global Invements

14 FUND PERFORMANCE For all Debt Funds Monly Factsheet as on December 2016 Performance of funds managed by Mr. Gopal Agrawal, Mr. Neelesh Surana & Ms. Bharti Sawant (Overseas Invements) Mirae Asset China Advantage Fund (MACAF) - Fund Manager - Ms. Bharti Sawant NAV at e end of e period MACAF MSCI China(INR) S&P BSE Sensex** % 0.67% 1.95% % -5.07% -5.03% % 6.63% 29.89% % 4.13% 7.32% ,514 13,361 16,575 Index value for benchmark is and Index value of S&P BSE Sensex is Date of allotment 05 November, 2009 MSCI China(INR) Performance of funds managed by Mr. Mahendra Jajoo La 7 Days till 31 December, 2016 La 15 Days till 31 December, 2016 La 30 Days till 31 December, 2016 Mirae Asset Cash Management Fund (MACMF) NAV at e end of e period MACMF CRISIL Liquid Fund Index Crisil 1 Year T-Bill** % 0.41% 0.28% % 0.25% 0.17% % 0.48% 0.19% % 7.48% 7.27% % 8.23% 8.22% % 9.21% 8.56% % 7.55% 6.22% , , , Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, Date of allotment 12 January, 2009 CRISIL Liquid Fund Index Mirae Asset Savings Fund (MASF) NAV at e end of e period Crisil Liquid MASF Fund Index Crisil 1 Year T-Bill** % 7.48% 7.27% % 8.23% 8.22% % 9.21% 8.56% % 8.42% 7.52% , , , Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, Date of allotment 26 June, 2012 CRISIL Liquid Fund Index Pa Performance may or may not suained in future. $ For computation of since inception returns (%) e allotment NAV has been taken as ` for MACMF & MASF. In case, e art / end date of e concerned period is a non-business date (NBD), e NAV of e previous date is considered for computation of returns. (%) for less an 1 year calculated on simple annualized basis. The calculations of returns shall assume reinvement of all payouts at e en prevailing NAV. CAGR - CompoundedAnnualised Grow returns. *As per SEBI andard on performance disclosure, returns in INR terms based on a andard invement of `10,000/- have been shown only for Schemes at have been in exience for more an ree years. NAV (per unit) is at e end of e period. **Alternate Scheme - Benchmark. For MASF e returns are for Regular Savings Plan - Grow Option for MACMF, provided are for Regular Plan-Grow Option. Fund Manager Experiences** GopalAgrawal has over 14 years of experience in Fund Management Neelesh Surana has over 19 years of experience in Financial Services including Fund Management. Mahendra Jajoo has over 11 years of experience in Fixed Income Fund Management. Bharti Sawant has 6 years of experience in Equity ResearchAnalysis Ankit Jain has 5 years of experience in Equity ResearchAnalysis 14 Mirae Asset Global Invements

15 DISCLAIMERS For Equity Funds: Current Expense Ratio for Grow Option (#) (Effective Date 01 October, 2012) Regular Plan: On e fir 100 crores daily net assets 2.50% On e next 300 crores daily net assets 2.25% On e next 300 crores daily net assets 2.00% On e balance of e net assets 1.75% In addition to e above a charge of 20 bps on e daily net assets; Plus, a proportionate charge in respect sales beyond T-15 cities subject to maximum of 30 bps on daily net assets may also be charged Excluding service tax on Invement Management Fee. For s (Effective Date 01 January, 2013)#: The above expense ratio will also be applicable for Direct Plans except at e shall have a lower expense ratio excluding diribution expenses, commission, etc. and no commission for diribution of Units will be paid / charged under. (#) Any change in e expense ratio will be updated on AMC Website. For Liquid / Debt Funds: Current Expense Ratio for Grow Option (#) (Effective Date 01 October, 2012) Regular / Initutional Plan On e fir 100 crores daily net assets 2.25% On e next 300 crores daily net assets 2.00% On e next 300 crores daily net assets 1.75% On e balance of e net assets 1.50% In addition to e above a charge of 20 bps on e daily net assets; Plus, a proportionate charge in respect ales beyond T-15 cities subject to maximum of 30 bps on daily net assets may also be charged Excluding service tax on Invement Management Fee. For s (Effective Date 01 January, 2013)#: The above expense ratio will also be applicable for Direct Plans except at e shall have a lower expense ratio excluding diribution expenses, commission, etc. and no commission for diribution of Units will be paid / charged under. (#) Any change in e expense ratio will be updated on AMC Website. For Fund of Funds: Current Expense Ratio for Grow Option (#) (Effective Date 1 October, 2012 is 2.50%) In addition to e above a charge of 20 bps on e daily net assets; Plus, a proportionate charge in respect sales beyond T-15 cities subject to maximum of 30 bps on daily net assets may also be charged *Excluding Service Tax on Invement Management Fees, if any. ** includes expenses charged by e underlying fund as well. For s (Effective Date 01 January, 2013)#: The above expense ratio will also be applicable for Direct Plans except at e shall have a lower expense ratio excluding diribution expenses, commission, etc. and no commission for diribution of Units will be paid / charged under. **The inveors, in addition to e above recurring expense shall also bear e recurring expense of e underlying scheme. However e total recurring expenses (including e recurring expense of e underlying scheme) will not exceed 2.7% p.a. (#) Any change in e expense ratio will be updated on AMC Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio are calculated on returns from la ree years Monly data points. # Risk free rate: FBIL OVERNIGHT MIBOR as on 30 December ^Basis la rolling 12 mon. Dividend is gross dividend. As per current Income Tax Rules, for financial year dividend under equity scheme is tax free in e hands of inveors, whereas for Dividend under Debt schemes applicable dividend diribution tax, if any, needs to be adjued by e AMC. The fiscal rules / tax laws are subject to change. For furer details, please refer to e section titled Taxation in e Statement of Additional Information of Mirae Asset Mutual Fund. In view of e individual nature of tax consequences, each inveor is advised to consult his / her professional tax advisor. For complete dividend hiory details please refer to our website Statutory Details: Sponsor: MiraeAsset Global Invements Company Limited. Truee: MiraeAsset Truee Company Private Limited; Invement Manager: MiraeAsset Global Invements (India) Private Limited. Mirae Asset India Opportunities Fund (MAIOF) Inruments Indian Equities and Equity Related Securities* Money market inruments/debt securities Inruments** (Including upto 25% of corpus in securitized debt) Mirae Asset Emerging Bluechip Fund (MAEBF) Inruments Indian Equities and Equity Related Securities* of companies, which are not part of e top 100 ocks by market capitalization and have market capitalization of atlea Rs.100 Crores at e time of invement Oer Indian Equities and Equity Related Securities.* Money market inruments (including CBLO)/debt securities Inruments** (Including upto 20% of corpus in securitized debt) Mirae Asset Prudence Fund (MAPF) Inruments EquityandEquityRelated Inruments* Companies which are among e top 100 companies by market capitalization at e time of invement Companies which are not among e top 100 companies by market capitalization at e time of invement Debt & Money Market Inruments Mirae Asset Great Consumer Fund (MAGCF) Inruments Indian Equities and Equity Related Securities of companies at are likely to benefit eier directly or indirectly from consumption led demand.* Units of Mirae Asset Asia Great Consumer Equity Fund (e underlying fund), and/or in oer mutual funds having similar objectives, rategies and attributes of e said underlying fund as well as equities and equity related securities of companies in Asia pacific region which are expected to benefit from growing consumption activities. Money market inruments / debt securities Inruments and/or units of debt/liquid schemes of domeic Mutual Funds. Asset Allocation 65% 100% 0% 35% to Medium 65% 100% 0% 35% 0% 35% to Medium 65% 80% 65% 80% 0% 15% 20% 35% Medium 65% 80% 20% 35% 0% 15% to Medium Mirae Asset China Advantage Fund (MACAF) Inruments Units of Mirae Asset China Sector Leader Equity Fund and/or units of oer mutual fund schemes, units of ETFs inveing in equities and equity related securities of companies domiciled in or having eir area of primary activity in China and Hong Kong* Money market inruments/debt securities Inruments** and/or units of debt/liquid schemes of domeic Mutual Funds. Mirae Asset Savings Fund (MASF) Inruments "Money Market Inruments and debt inruments wiresidual maturity and repricing tenor not exceeding1 year." Debt Inruments wi residual maturity and repricingtenor exceeding 1 year* (including Securitized Debt upto 50% of net assets)." Mirae Asset Cash Management Fund (MACMF) Inruments "Money Market Inruments (including Cash, Reverse Repo,CBLO) MIBOR & MIBOR linked inruments." Debt Inruments wi residual maturity upto 91 days only Mirae Asset Tax Saver Fund - (MATSF) Inruments Equity and Equity Related Inruments* Debt Inruments, Money Market Inruments, G-Secs, Cash, CBLO, Reverse Repo etc. 80% 100% 0% 20% to Medium 50% 100% 0% 50% to Medium 20% 100% 0% 80% Medium 80% 100% 0% 20% to Medium Transparency: The NAVs of all e above funds will be calculated at e close of every working day and shall be published in two daily newspapers and on e AMC / AMFI website. ~ Crisil Disclaimer: ACrisil credit quality rating on a bond fund reflects Crisil s current opinion on e degree of protection offered by e rated inrument from losses related to credit defaults. It does not conitute an audit by Crisil of e fund house, e scheme, or companies in e scheme s portfolio. Crisil ratings are based on information provided by e issuer or obtained by Crisil from sources it considers reliable. Crisil does not guarantee e completeness or accuracy of e information on which e rating is based. A Crisil rating is not a recommendation to buy, sell or hold e rated scheme. It does not comment on e market price or suitability for a particular inveor. All Crisil ratings are under surveillance. The assigned rating CrisilAAAmfs is valid only for MiraeAsset Cash Management Fund. The rating of Crisil is not an opinion on easset Management Company s willingness or ability to make timely payments to e inveor. The rating is also not an opinion on e ability of e NAV of e Fund, which could vary wi market developments. Crisil reserves e right to suspend, widraw or revise its rating at any time, on e basis of any new information or unavailability of information or any oer circumances, which Crisilbelieves may have an impact on e rating. Mutual Fund invements are subject to market risks, read all scheme related documents carefully (Mon to Fri am to 5.30 pm) Unit No. 606, 6 Floor, Windsor Building, Off C.S.T. Road, Kalina, Santacruz (Ea) - Mumbai Mirae Asset Global Invements