Mirae Asset Prudence Fund. Mirae Asset Tax Saver Fund

Transcription

1 March 2016

2 FUND FACTS Key Features Type of Scheme Invement Objective Fund Manager** Minimum Invement Amount Syematic Invement Plan (SIP) Load Structure Mirae Asset India Mirae Asset Opportunities Fund Emerging Bluechip 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 Neelesh Surana & Sumit Agrawal; bo are managing is fund since May 2008 & Aug 2014 respectively. 04 April, 2008 S&PBSE 200 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 Neelesh Surana, managing e fund since inception of e fund. 09 July, 2010 Nifty Midcap 100 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. Mr. Neelesh Surana for Equity portion and Mr. Yadnesh Chavan for Debt portion. Bo of em have been managing is fund since Inception. 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. Entry load: NA Exit load: If redeemed wiin 6 mons (182 days) from e date of allotment: 2.00%. If redeemed after 6 mons (182 days) but wiin 1 year (365 days) from e date of allotment: 1.00%. If redeemed after 1 year (365 days) from e date of allotment: NIL. 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. Mr. Neelesh Surana for Equity portion and Mr. Yadnesh Chavan for Debt portion. Bo of em have been managing is fund since Inception. 28 December, 2015 S&PBSE 200 `500/- and in multiples of `500/- ereafter Monly: `1,000/- (multiples of `1/- ereafter), minimum 6 inallments Minimum inallment of Quarterly: `1,500/- (multiples of `1/- ereafter), minimum 4 inallments `500/- (monly / quarterly frequency) and in multiples of `500/- ereafter. Entry Load:NA Exit Load: NA Entry Load: NA Exit Load: Nil Mirae Asset Ultra Short Term Bond Fund 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. Mr. Yadnesh Chavan, managing is fund since December March, 2008 CRISILLiquid Fund Index `5,000/- and in multiples of `1/-ereafter. Minimum Additional Application Amount: `1,000/- per application and in multiples of `1/- ereafter. Monly: `1,000/- (multiples of `1/- ereafter), minimum 6 inallments Quarterly: `1,500/- (multiples of `1/- ereafter), minimum 4 inallments Plans Available Regular Plan and Savings Plan and Options Available Grow Option and (Payout & Re-invement) Monly Average AUM ( ` Cr.) as on Feb 29, , , Monly Avg. Expense Ratio (Including Services Tax) as on 29 February, 2016 Product Labelling Riskometer Regular Plan: 2.40% : 1.60% This product is suitable for inveors who are seeking*: Long - term capital appreciation invements in equities, equity related securities Regular Plan: 2.50% : 1.59% 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: 2.83% : 1.16% 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 Regular Plan: 2.95% : 1.23% This product is suitable for inveors who are seeking*: Grow of capital over long term Invement predominantly in equity and equity related inruments Saving Plan: 1.02% : 0.24% This product is suitable for inveors who are seeking*: optimal returns over medium term Invement in a portfolio of debt and money market inruments LOW HIGH Inveors underand at eir principal will be at moderately high risk LOW HIGH Inveors underand at eir principal will be at moderately low risk **For experience of Fund Managers refer page no. 13. *Inveors should consult eir financial advisers if ey are not clear about e suitability of e product. 1 Mirae Asset Global Invements

3 FUND FACTS Key Features Mirae Asset India-China Consumption Fund Mirae Asset China Advantage Fund Mirae Asset Cash Management Fund Type of Scheme An open ended equity oriented scheme An open ended fund of funds scheme An open ended Liquid scheme Invement Objective The invement objective of e scheme is to generate long term capital appreciation rough an actively managed portfolio inveing in equity and equity related securities of companies at are likely to benefit eier directly or indirectly from consumption led demand in India / China. The Scheme does not guarantee or assure any returns 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. 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. 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** Neelesh Surana managing is fund since inception, Sumit Agrawal (Domeic Invements) managing is fund since Augu 2014 and Bharti Sawant (Overseas Invements) managing is fund since Augu Bharti Sawant managing is fund since Augu 2014 Mr. Yadnesh Chavan, managing is fund since December Minimum Invement Amount Syematic Invement Plan (SIP) Load Structure Plans Available Options Available Monly Average AUM ( ` Cr.) as on Feb 29, 2016 MonlyAvg.ExpenseRatio (IncludingServicesTax) as on 29 February, 2016 Product Labelling 29 March, 2011 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. 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 : If redeemed wiin 6 mons (182 days) from e date of allotment : 2.00%. If redeemed after 6 mons (182 days) but wiin 1 year (365 days) from e date of allotment : 1.00%. If redeemed after 1 year (365 days) from e date of allotment : NIL Regular Plan: 3.01% : 2.04% This product is suitable for inveors who are seeking*: Long-term capital appreciation Invement in equity and, equity related securities of companies benefiting directly or indirectly from consumption led demand in india / china. 05 November, 2009 Regular Plan and Grow Option and (Payout & Re-invement) Regular Plan: 2.51% : 1.68% 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. 12 January, 2009 Entry Load: NA Exit Load: Nil Regular Plan: 0.17% : 0.03% Thisproductis suitable for inveors whoare seeking*: optimal returns over short term Invement in portfolio of short duration money market and debt inruments Riskometer 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. 13 ( Wi effect from December ) 2 Mirae Asset Global Invements

4 MIRAE ASSET INDIA OPPORTUNITIES FUND - (MAIOF) (An open ended equity oriented scheme) Monly Factsheet as on February 2016 Fund Managers NetAUM Regular Plan ( ` Cr.) Volatility 14.49% Beta 0.93 R Squared 0.94 Sharpe Ratio # 0.63 Information Ratio 2.18 Portfolio Turnover Ratio^ Grow Option Grow Option Please refer la page for details. Dividend Hiory Mr. Neelesh Surana a n d M r. S u m i t Agrawal 4 April, 2008 S&P BSE 200 1, ` ` ` ` times Dividend Face Cum Record Date (`) Value (`) NAV (`) 13-Feb per unit Jan per unit Mar per unit Mar per Unit Dec per Unit Sep 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 - 120% 100% 80% 60% 40% 20% 0% -20% -40% -60% -33% -37% -39% Equity Shares 104% 84% 76% 22% 17% 15% HDFC Bank Ltd 7.34% Infosys Ltd 5.89% Reliance Induries Ltd 4.17% Sun Pharmaceuticals Induries Ltd 4.02% ICICI Bank Ltd 4.01% IndusInd Bank Ltd 3.71% Hinduan Petroleum Corporation Ltd 3.41% Hinduan Unilever Ltd 2.87% Maruti Suzuki India Ltd 2.80% Torrent Pharmaceuticals Ltd 2.69% Oer Equities 57.74% Equity Holding Total 98.65% Cash & Oer Receivables 1.35% Fund Performance - 20% - 25% - 27% MAIOF S&P BSE 200 S&P BSE SENSEX 33% 31% 25% 8% 8% 3% Pa Performance may or may not be suained in future. * Since inception of e fund. Portfolio Top 10 holdings % Allocation Allocation - Top 10 Sectors^ 52% 35% 30% 4% - 2% - 5% - 14% - 12% - 13% CY 2008* CY2009 CY 2010 CY 2011 CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 (YTD) Banks Software Pharmaceuticals Cons. N-Durables Petrol Products Auto Auto Ancillaries Finance Con Project Media & Ent. Oer Sectors 5.99% 5.53% 4.86% 2.99% 2.99% 11.00% 9.21% 9.13% 7.69% 17.10% 22.16% 0% 10% 20% 30% ^Indurywise classification as recommended by AMFI Performance Report NAV (` per unit) MAIOF S&P BSE 200 S&P BSE Sensex** % -1.48% -5.03% % 35.47% 29.89% % 4.38% 8.98% % 7.72% 7.10% ,349 17,790 17,022 Index Value of S&P BSE 200 is and Index value of S&P BSE SENSEX is 26, April, 2008 Scheme Benchmark S&P BSE 200 SIP Performance SIP Invement Since Inception 5 Years 3 Years 1 Year Total Amount Inveed 92,000 60,000 36,000 12,000 Mkt Value as of 31 December, ,97,705 97,289 49,042 11,971 Fund Return (CAGR)*(%) 19.45% 19.42% 21.15% -0.44% Benchmark Return (CAGR)*(%) (S&P BSE 200) 11.05% 11.37% 11.40% -5.92% Add. Benchmark Return (CAGR)*(%) (S&P BSE Sensex) 9.66% 9.22% 7.60% -9.18% 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.11 & 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 `1000/- on e 1 working day of every mon. All e performances shown on is page are for MAIOF - Regular Plan - Grow Option 3 Mirae Asset Global Invements

5 MIRAE ASSET EMERGING BLUECHIP FUND - (MAEBF) (An open ended equity fund) Monly Factsheet as on February 2016 Fund Manager Mr. Neelesh Surana 9 July, 2010 Nifty Midcap 100 NetAUM ( ` Cr.) 1, Regular Plan Volatility 16.12% Beta 0.82 R Squared 0.89 Sharpe Ratio # 1.31 Information Ratio 2.15 Portfolio Turnover Ratio^ Grow Option Grow Option Please refer la page for details. Dividend Hiory ` ` ` ` times Dividend Face Cum Record Date (`) Value (`) NAV (`) 05-Jan per Unit Dec per Unit Mar per Unit Oct per Unit 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 MAEBF - Regular Plan - 100% 80% 60% 40% 20% 0% -20% -40% 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 13% 15% 7% - 16% - 25% - 31% Kotak Mahindra Bank Ltd 4.02% Torrent Pharmaceuticals Ltd 3.66% Hinduan Petroleum Corporation Ltd 3.29% The Federal Bank Ltd 3.16% Sundaram Finance Ltd 2.67% CEAT Ltd 2.61% Exide Induries Ltd 2.53% Natco Pharma Ltd 2.53% Voltas Ltd 2.49% IndusInd Bank Ltd 2.39% Oer Equities 68.98% Equity Holding Total 98.33% Cash & Oer Receivables 1.67% Fund Performance Fund Performance MAEBF NIFTY MIDCAP 100 S&P BSE SENSEX 46% 40% 25% 8% - 6% 8% 84% 55% 30% 14% 6% - 5% -15% -12% -15% CY 2010* CY 2011 CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 (YTD) Pharmaceuticals Banks Auto Ancillaries Cons. N-Durables Finance Software Ind Products Petrol Products Transportation Chemicals Oer Sectors 8.00% 7.36% 4.42% 4.19% 3.90% 12.12% 10.77% 9.59% 8.68% 8.03% 21.27% 0% 10% 20% 30% ^Indurywise classification as recommended by AMFI Index Value ( 31 December, 2015) 9 July, 2010 Scheme Benchmark Nifty Midcap 100 Performance Report NAV (` per unit) MAEBF Nifty Midcap 100 S&P BSE Sensex** % 6.46% -5.03% % 55.91% 29.89% % -5.10% 8.98% % 9.12% 7.21% ,796 16,138 14,645 Index Value of Nifty Midcap 100 is 13, and Index value of S&P BSE SENSEX is 26, SIP Performance SIP Invement Since Inception 5 Years 3 Years 1 Year Total Amount Inveed 65,000 60,000 36,000 12,000 Mkt Value as of 31 December, ,43,732 1,29,454 61,319 12,721 Fund Return (CAGR)*(%) 29.60% 31.35% 37.85% 11.33% Benchmark Return (CAGR)*(%) ( Nifty Midcap 100) 15.94% 17.49% 22.62% 3.57% Add. Benchmark Return (CAGR)*(%) (S&P BSE Sensex) 8.70% 9.22% 7.60% -9.18% 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. 11 & 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 `1000/- on e 1 working day of every mon. All e performances shown on is page are for MAEBF - Regular Plan - Grow Option 4 Mirae Asset Global Invements

6 MIRAE ASSET PRUDENCE FUND - (MAPF) (An open ended equity oriented scheme) Monly Factsheet as on February 2016 Fund Managers Regular Plan Grow Option Grow Option Mr. Neelesh Surana (Equity Portion) & Mr. Yadnesh Chavan (Debt Portion) 29 July, 2015 NetAUM ( ` Cr.) Weighted Average Maturity CRISIL Balanced Fund Index Quantitative Data: Debt Portion ` ` ` ` Years Modified Duration 5.29 Yield to Maturity 8.18% 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. Portfolio Top 10 holdings Equity Shares (Domeic & International Equities) HDFC Bank Ltd 6.26% Infosys Ltd 5.89% Reliance Induries Ltd 4.78% Hinduan Petroleum Corporation Ltd 3.47% Sun Pharmaceuticals Induries Ltd 3.43% ICICI Bank Ltd 3.09% Hinduan Unilever Ltd 2.93% IndusInd Bank Ltd 2.75% Zee Entertainment Enterprises Ltd 2.74% Tata Motors Ltd 2.62% Oer Equities 36.19% Total Equity Allocation 74.15% Government Bond 8.40% GOI (28/07/2024) 8.89% 7.72% GOI (25/05/2025) 2.88% 7.68% GOI (15/12/2023) 2.87% Government Bond Total 14.64% Corporate Bond % Allocation 8.40% Power Grid Corp STRP B (27/05/2020) 2.89% 8.61% LIC Hous Fin Ltd (11/12/19) P11/12/ % 8.30% RECL Ltd (10/04/2025) 2.84% Corporate Bond Total 8.61% Total Debt Holdings 23.25% Cash & Oer Receivables 2.60% Allocation - Top 10 Sectors^ Banks 16.85% Petrol Products 8.25% Software 8.12% Pharmaceuticals 8.06% Cons. N-Durables 7.78% Auto 5.23% Transportation 2.93% Media & Ent. 2.74% Auto Ancillaries 2.69% Finance 2.63% Oer Sectors 8.87% 0% 10% 20% 30% ^Indurywise classification as recommended by AMFI Invement Strategy For e equity portion We will inve 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 Overall Asset Allocation 2.60% 23.25% 74.15% Equity Holdings Debt Holdings Cash & Oer Receivables 5 Mirae Asset Global Invements

7 MIRAE ASSET TAX SAVER FUND - (MATSF) (An open ended equity linked saving scheme wi a 3 year lock-in period) Monly Factsheet as on February 2016 Fund Managers NetAUM ( ` Cr.) Regular Plan Grow Option Grow Option Mr. Neelesh Surana (Equity Portion) & Mr. Yadnesh Chavan (Debt Portion) 28 December, 2015 S&P BSE 200 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 7.90% Infosys Ltd 5.86% Kotak Mahindra Bank Ltd 4.54% Reliance Induries Ltd 3.96% Sun Pharmaceuticals Induries Ltd 3.91% Tata Motors Ltd 3.91% IndusInd Bank Ltd 3.78% Hinduan Petroleum Corporation Ltd 3.39% Hinduan Unilever Ltd 3.28% Torrent Pharmaceuticals Ltd 3.19% Oer Equities 50.76% Equity Holding Total 94.48% Cash & Oer Receivables 5.52% Allocation - Top 10 Sectors^ Banks 21.94% Software 11.99% Pharmaceuticals 11.56% Petrol Products 8.21% Auto 7.75% Auto Ancillaries 6.61% Cons. N-Durables 5.65% Media & Ent. 3.90% Finance 3.79% Power 3.63% Oer Sectors 9.45% 0% 10% 20% 30% ^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 busines models Enjoying suainable competitive advantage Having high return ratios 6 Mirae Asset Global Invements

8 MIRAE ASSET INDIA CHINA CONSUMPTION FUND - (MAICCF) (An open ended equity oriented scheme) Monly Factsheet as on February 2016 Fund Managers NetAUM ( ` Cr.) Regular Plan Mr. Neelesh Surana, Mr. Sumit Agrawal and Ms. Bharti Sawant 29 March, 2011 S&P BSE 200 (65%) & S&P Asia Pacific Emerging BMI (35%) Index Ratios Grow Option Grow Option ` ` ` ` Volatility 13.27% Beta 0.91 R Squared 0.70 Sharpe Ratio 0.52 Portfolio Turnover Please refer la page for (Annualised) Dividend Hiory 0.63 times 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 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 MAICCF - Regular Plan - Invement Philosophy: 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 China. 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 (Domeic & International Equities) % Allocation HDFC Bank Ltd 7.74% Hinduan Unilever Ltd 4.74% Maruti Suzuki India Ltd 4.54% Tencent Holdings 4.47% ICICI Bank Ltd 4.33% IndusInd Bank Ltd 4.27% Zee Entertainment Enterprises Ltd 3.62% Amara Raja Batteries Ltd 3.49% Asian Paints Ltd 3.30% Hinduan Petroleum Corporation Ltd 3.22% Oer Equities 52.53% Equity Holding Total 96.25% Cash & Oer Receivables 3.75% 18.69% Country Allocation 3.75% 77.56% India China Cash & Oer Receivables Allocation - Top Holdings Domeic Equities Sectoral Allocation^ (Top 5 holdings) Cons. N-Durables Banks Auto Auto Ancillaries Finance Oer Sectors ^Indurywise classification as recommended by AMFI Allocation - Top Holdings International Equities Sectoral Allocation^ (Top 5 holdings) Internet & Services Life & Heal Ins. Luxury Goods Computer Hardware Pharmaceuticals 3.67% 6.65% 4.55% 19.81% 18.79% 0% 5% 10% 15% 20% 25% Oer 1.17% 1.05% 2.70% 1.64% 5.45% 6.68% 24.09% 0% 2% 4% 6% 8% 10% ^Indurywise classification as recommended by AMFI NAV at e end of e period Performance Report % -1.72% -5.03% % 24.70% 29.89% % 16.55% 8.98% Since Inception(CAGR)- 31 December % 15.03% 6.77% ,829 19,479 13,659 Index Value of benchmark is and Index value of S&P BSE Sensex is 26, March, 2011 Scheme Benchmark # S&P BSE 200 (65%) & S&P Asia Pacific Emerging BMI (35%) Index 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. 11 & 12 ~ Value of Invement of `10,000/- Inveed in e Scheme.**AdditionalAlternate Benchmark. All e performances shown on is page are for MAICCF - Regular Plan - Grow Option MAICCF Scheme Benchmark # S&P BSE Sensex** 7 Mirae Asset Global Invements

9 MIRAE ASSET CHINA ADVANTAGE FUND - (MACAF) (An open ended fund of fund scheme) Monly Factsheet as on February 2016 Fund Manager NetAUM ( ` Cr.) Regular Plan Grow Option Grow Option Ms. Bharti Sawant 05 November, Ratios (Annualised) MSCI China (in INR Terms) ` ` ` ` Volatility 21.36% Beta 0.92 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 98.86% Total Alocation to International Mutual Fund Units 98.86% Cash & Oer Receivables 1.14% Equity Share holding of e underlying fund As on 29 January, 2016 Ping An Insurance 9.20% Tencent 8.40% Xinyi Solar Holdings Ltd. 5.60% Alibaba Group Holding Ltd. Sponsored ADR 5.60% Ctrip.com Intertional Ltd Sponsored ADR 4.90% Great Wall Motor Co., Ltd. 4.40% ICBC 3.60% China Resources Gas Group Limited 3.40% Kweichow Moutai Co., Ltd. Class A 3.30% AIA Group 3.30% Oers 48.30% The underlying Fund Holdings are given wi a 1 mon lag as per e internal portfolio holding release guidelines for SICAV Funds Allocation - Top 10 Sectors^ (Underlying Fund) IT 22.30% Financial 22.10% Cons. Discretionery 16.80% Healcare 14.20% Indurials 6.50% Consumer Staples 6.40% Utilities 5.90% Energy 2.10% Cash 3.60% 0% 5% 10%15%20%25% ^Indurywise classification as recommended by GICS. Market Capitalization Allocation (Figures in USD Billion) Large Cap: (USD > 10Bln) 49.00% Mid Cap: (USD 2-10Bln) 38.10% Small Cap: (USD < 2Bln) 4.00% Cash 3.60% NAV at e end of e period Performance Report MACAF MSCI China(INR) S&P BSE Sensex** % -5.18% -5.03% % 6.63% 29.89% % 13.08% 8.98% % 4.69% 8.22% ,437 13,137 16,259 Index value for benchmark is and Index value of S&P BSE Sensex is 26, November, 2009 Scheme Benchmark 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. 11 & 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 8 Mirae Asset Global Invements

10 MIRAE ASSET CASH MANAGEMENT FUND - (MACMF) (An open ended liquid scheme) CRISIL AAAmfs Rated ~ Monly Factsheet as on February 2016 Fund Manager NetAUM ( ` Cr.) Regular Plan Grow Option Grow Option Mr. Yadnesh Chavan 12 January, 2009 Weighted Average Maturity Modified Duration Quantitative Data Crisil Liquid Fund Index ` ` Days 0.04 Years Yield to Maturity 7.43% Dividend Hiory Dividend Face Cum Record Date (`) Value (`) NAV ( `) 28-Dec Per Unit , Jan Per Unit , Feb Per Unit , 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 - The fund is positioned at e low end of e risk return scale Invement Strategy Product offering wi minimal intere rate risk Maintaining Liquidity: Since e underlying invements will be in Bank CDs, Overnight inruments / CBLO and oer debt inruments linked to short end rates, e fund manager can redeem inruments at a short notice The fund will try to maintain average maturity of around days. *This scheme is not an assured returns scheme. Portfolio Top 10 holdings % Allocation Rating Profile Certificate of Deposit Canara Bank (04/03/2016) 21.25% Punjab & Sind Bank (29/04/2016) 9.44% Corporation Bank (03/03/2016) 5.31% 21.69% HDFC Bank Ltd (04/03/2016) 5.31% Kotak Mahindra Bank Ltd (09/03/2016) 5.31% Certificate of Deposit Total 46.62% Commercial Paper Sundaram Finance Ltd (23/03/2016) 15.87% HDFC Ltd (10/03/2016) 10.51% 78.31% Export Import Bank of India (11/03/2016) 5.31% Commercial Paper Total 31.69% CBLO / Repo 21.63% Net Receivables / (Payables) 0.06% A1+ Cash & Oer Receivables Cash & Oer Receivables Total 21.69% Allocation 21.69% 46.62% 31.69% Certificate of Deposits Commercial Paper Cash & Oer Receivables NAV at e end of e period Performance Report MACMF CRISIL Liquid Fund Index Crisil 1 Year T-Bill** La 7 Days till 31 December % 0.17% 0.11% La 15 Days till 31 December % 0.34% 0.27% La 30 Days till 31 December % 0.60% 0.51% % 8.23% 8.22% % 9.21% 8.56% % 9.03% 5.86% % 7.56% 6.08% Since Inception - 31 December (Value INR)~ , , , Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, January, 2009 Scheme Benchmark 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 9 Mirae Asset Global Invements

11 MIRAE ASSET ULTRA SHORT TERM BOND FUND - (MAUSTBF) (An open ended debt scheme) Monly Factsheet as on February 2016 Portfolio Top 10 holdings % Allocation Rating Profile Fund Manager Mr. Yadnesh Chavan Certificate of Deposit 5 March, 2008 Andhra Bank (04/03/2016) 6.41% NetAUM ( ` Cr.) Crisil Liquid Fund Index Canara Bank (04/03/2016) 6.41% Bank of India (09/06/2016) 6.28% Andhra Bank (09/08/2016) 6.19% 18.65% Savings Plan Weighted Average Maturity Modified Duration Grow Option Grow Option Quantitative Data ` ` Days 0.16 Years Yield to Maturity 7.50% Dividend Hiory Dividend Face Cum Record Date (`) Value (`) NAV (`) 28-Dec per unit , Jan per unit , Feb per unit , 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 MAUSTBF - Regular Plan - Axis Bank Ltd (27/10/2016) 6.09% Punjab & Sind Bank (29/04/2016) 1.27% Certificate of Deposit - Total 32.65% Corporate Bond 9.25% Power Grid Corp STRP B (26/12/2016) 6.45% 9.62% Power Fin Corp Ltd (29/06/2016) 6.43% 9.60% HDFC Ltd (07/04/2016) 5.77% Corporate Bond Total 18.65% Commercial Paper HDFC Ltd (10/03/2016) 0.13% Commercial Paper Total 0.13% CBLO / Repo 47.16% Net Receivables / (Payables) 1.41% Cash & Oer Receivables Total 48.57% 32.78% Cash & Oer Receivables Allocation 0.13% 18.65% 48.57% A1+ AAA Invement Strategy 48.57% MAUSTBF is positioned between liquid funds and short-term plans wi respect to e risk-return matrix. In terms of credit quality, e fund aims to primarily inve in a mix of highe rated inruments(i.e A1+ for money market inruments, AAA for corporate bonds category) The fund will try to position itself in e high quality and medium / low intere rate sensitive debt securities. The fund will try to maintain average maturity of around days % Cash & Oer Receivables Certificate of Deposits Corporate Bond Commercial Paper Performance Report NAV at e end of e period Crisil Liquid MAUSTBF Fund Index Crisil 1 Year T-Bill** % 8.23% 8.22% % 9.21% 8.56% % 9.03% 5.86% % 7.72% 6.42% , , , Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, March, 2008 Scheme Benchmark 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 MAUSTBF - Savings Plan - Grow Option 10 Mirae Asset Global Invements

12 FUND PERFORMANCE For all Equity Funds Monly Factsheet as on February 2016 Performance of funds managed by Gopal Agrawal, Neelesh Surana, Sumit Agrawal & Bharti Sawant (Overseas Invements) Mirae Asset India Opportunities Fund (MAIOF) - Fund Manager - Neelesh Surana & Sumit Agrawal Index Value ( 31 December, 2015) 4 April, 2008 Scheme Benchmark S&P BSE 200 NAV (` per unit) MAIOF S&P BSE 200 S&P BSE Sensex** % -1.48% -5.03% % 35.47% 29.89% % 4.38% 8.98% % 7.72% 7.10% ,349 17,790 17,022 Index Value of S&P BSE 200 is and Index value of S&P BSE Sensex is 26, Mirae Asset India Opportunities Fund (MAIOF) - SIP Performance SIP Invement Since Inception 5 Years 3 Years 1 Year Total Amount Inveed 92,000 60,000 36,000 12,000 Mkt Value as of 31 December, ,97,705 97,289 49,042 11,971 Fund Return (CAGR)*(%) Benchmark Return (CAGR)*(%) (S&P BSE 200) Add. Benchmark Return (CAGR)*(%) (S&P BSE Sensex) 19.45% 11.05% 9.66% 19.42% 11.37% 9.22% 21.15% 11.40% 7.60% -0.44% -5.92% -9.18% Mirae Asset Emerging Bluechip Fund (MAEBF) - Fund Manager - Neelesh Surana NAV (` per unit) MAEBF Nifty Midcap 100 S&P BSE Sensex** % 6.46% -5.03% % 55.91% 29.89% % -5.10% 8.98% % 9.12% 7.21% ,796 16,138 14,645 Index Value of Nifty Midcap 100 is 13, and Index value of S&P BSE Sensex is 26, July, 2010 Scheme Benchmark Nifty Midcap 100 SIP Invement Total Amount Inveed Mkt Value as of 31 December, 2015 Fund Return (CAGR)*(%) Benchmark Return (CAGR)*(%) ( Nifty Midcap 100) Add. Benchmark Return (CAGR)*(%) (S&P BSE Sensex) Mirae Asset Emerging Bluechip Fund (MAEBF) - SIP Performance Since Inception 5 Years 3 Years 1 Year 65,000 60,000 36,000 12,000 1,43,732 1,29,454 61,319 12, % 31.35% 37.85% 11.33% 15.94% 17.49% 22.62% 3.57% 8.70% 9.22% 7.60% -9.18% Mirae Asset India-China Consumption Fund (MAICCF) - Fund Manager - Neelesh Surana, Sumit Agrawal & Bharti Sawant (Overseas Invements) NAV at e end of e period MAICCF Scheme Benchmark # S&P BSE Sensex** % -1.72% -5.03% % 24.70% 29.89% % 16.55% 8.98% % 15.03% 6.77% ,829 19,479 13,659 Index Value of benchmark is and Index value of S&P BSE Sensex is 26, March, 2011 Scheme Benchmark # S&P BSE 200 (65%) & S&P Asia Pacific Emerging BMI (35%) Index 11 Mirae Asset Global Invements

13 FUND PERFORMANCE For all Equity Funds (contd...) Monly Factsheet as on February 2016 Performance of funds managed by Gopal Agrawal, Neelesh Surana, Sumit Agrawal & Bharti Sawant (Overseas Invements) Mirae Asset China Advantage Fund (MACAF) - Fund Manager - Bharti Sawant NAV at e end of e period MACAF Scheme Benchmark # S&P BSE Sensex** % -5.18% -5.03% % 6.63% 29.89% % 13.08% 8.98% % 4.69% 8.22% ,437 13,137 16,259 Index value for benchmark is and Index value of S&P BSE Sensex is 26, November, 2009 Scheme Benchmark # MSCI China(INR) 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 - Compounded Annualised 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. SIP Invement Amount per Mon = `1,000/-. SIP Valuation Date = 31 December, The returns are calculated by XIRR approach assuming invement of `1000/- on e 1 working day of every mon 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 Mirae Asset 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&P Dow 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. 12 Mirae Asset Global Invements

14 FUND PERFORMANCE For all Debt Funds Monly Factsheet as on February 2016 Performance of funds managed by Mr. Yadnesh Chavan Mirae Asset Cash Management Fund (MACMF) NAV at e end of e period MACMF Crisil Liquid Fund Index Crisil 1 Year T-Bill** La 7 Days till 31 December % 0.17% 0.11% La 15 Days till 31 December % 0.34% 0.27% La 30 Days till 31 December % 0.60% 0.51% % 8.23% 8.22% % 9.21% 8.56% % 9.03% 5.86% % 7.56% 6.08% Since Inception - 31 December (Value INR)~ , , , Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, January, 2009 Scheme Benchmark CRISIL Liquid Fund Index Mirae Asset Ultra Short Term Bond Fund (MAUSTBF) NAV at e end of e period MAUSTBF CRISIL Liquid Fund Index Crisil 1 Year T-Bill** % 8.23% 8.22% % 9.21% 8.56% % 9.03% 5.86% % 7.72% 6.42% , , , Index Value of benchmark is 2, and Index value of Crisil 1 Year T-Bill is 4, March, 2008 Scheme Benchmark 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 `10.00 for MASTBF and ` for MACMF & MAUSTBF. 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 MAUSTBF e returns are for 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 18 years of experience in Financial Services including Fund Management. Yadnesh Chavan has over 9 years of experience in Invement Indury. SumitAgrawal has over 10 years of experience in invement analysis and research including fund management. Bharti Sawant has 6 years of experience in Equity ResearchAnalysis 13 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: FBILOVERNIGHT MIBOR as on 29 Feb ^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. Asset Allocation 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 Indicative allocations Risk Profile 65% 100% 0% 35% to Medium Indicative allocations Risk Profile 65% 100% 0% 35% 0% 35% to Medium Indicative allocations Risk Profile 65% 80% 65% 80% 0% 15% 20% 35% 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 Ultra Short Term Bond Fund (MAUSTBF) 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 Indicative allocations Risk Profile 80% 100% 0% 20% to Medium Indicative allocations Risk Profile 50% 100% 0% 50% to Medium Indicative allocations Risk Profile 20% 100% 0% 80% Medium Mirae Asset India-China Consumption Fund (MAICCF) Inruments Indian Equities and Equity Related Securities of companies at are likely to benefit eier directly or indirectly from consumption led demand.* Chinese Equities and Equity Related Securities of companies at are likely to benefit eier directly or indirectly from consumption led demand* Money market inruments (including CBLO)/debt securitiesinruments and/or units of debt/liquid schemes of domeic Mutual Funds " Indicative allocations Risk Profile 65% 90% 10% 35% 0% 25% to Medium MIRAE ASSET TAX SAVER FUND - (MATSF) Inruments Equity and Equity Related Inruments* Debt Inruments, Money Market Inruments, G-Secs, Cash, CBLO, Reverse Repo etc. Indicative allocations Risk Profile 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.acrisil 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