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Wednesday, December 16, 2015

Mirae Asset Ultra Short Term Bond Fund

Mirae Asset Ultra Short Term Bond Fund - Invest Online
 

Mirae Asset Mutual Fund has revised the following features of Mirae Asset Ultra Short Term Bond Fund with effect from December 10, 2015:

Sr. No.ParticularsExisting ProvisionsRevised Provisions
1Minimum Application AmountRs 10,000/- and in multiples of Re 1 thereafterRs 5,000/- and in multiples of Re 1 thereafter
2Name of the PlanInstitutional PlanSavings Plan

 

 

 

 

The Fund House has also introduced the facility of Systematic Investment Plan (SIP) to Mirae Asset Cash Management Fund, with effect from December 10, 2015.

III)Also, the facility of Mirae Asset Group Investment Plan (GRIP) and Mirae Asset Trigger Investment Plan (TRIP) has been introduced to Mirae Asset Tax Saver Fund, with effect from January 01, 2016.

Mirae Asset Group Investment Plan (GRIP) allows the employer to make investments for employees by investing into select open-ended schemes of Mirae Asset Mutual Fund (MAMF).

Mirae Asset Trigger Investment Plan (TRIP) facility will enable the Unit holders of Source scheme(s) to set triggers based on the predetermined event to enable the Fund to automatically transfer, on behalf of the Unit holder(s), the specified percentage of the amount registered in the Source schemes(s) to select Target scheme(s) on the trigger date(s) occurring during the period of 1 year from the date of registration under the Plan.

TRIP facility shall allow funds to move from Equity to Debt Schemes as well as Debt to Equity Schemes at predefined Index levels.

 

The Source as well as the Target schemes for TRIP shall be as follows:
-Mirae Asset Cash Management Fund
-Mirae Asset Ultra Short Term Bond Fund
-Mirae Asset India Opportunities Fund
-Mirae Asset Emerging Bluechip Fund
-Mirae Asset Tax Saver Fund

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. IDFC Tax Advantage (ELSS) Fund

4. ICICI Prudential Long Term Equity Fund

5. Religare Tax Plan

6. Franklin India TaxShield

7. DSP BlackRock Tax Saver Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. HDFC TaxSaver

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Good Returns by Investing in ELSS Mutual Funds Online

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