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Mutual Fund Review: MIRAE ASSET CHINA ADVANTAGE FUND

Investment Strategy:

The Mirae Asset China Advantage fund is a feeder fund that invests in the Mirae Asset China Sector Leader Equity Fund. The Mirae Asset China Sector Leader Equity Fund invests in equities and equity related securities of companies domiciled in or having their area of primary activity in China and Hong Kong. As of 31 December 2010, the Mirae Asset China Advantage fund has invested 97.86% in to the Mirae Asset China Sector Leader Equity Fund.

Asset Size:

The fund's AUM is around Rs. 101 crore as at 31 March 2011.

Performance:

This fund is the best performing global fund in India and also the best performing global fund on our platform. As of 31 December 2010, this fund has outperformed its benchmark, the MSCI China Index, across all periods. Over a 1 year period, this fund has given 11.56% while its benchmark has given -1.68% and has given annualized returns of 9.73% since its inception in comparison to -0.15% of the benchmark. 
 

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Also, know how to buy other mutual funds online:

 

1) DSP BlackRock Mutual Funds:

http://prajnacapital.blogspot.com/2011/05/buying-dsp-blackrock-mutual-funds.html

 

2) Reliance Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-reliance-mutual-funds-online.html

 

3) Birla Sunlife Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-birla-sunlife-mutual-funds.html

 

4) UTI Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-uti-mutual-funds-online.html

  

5) SBI Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-sbi-mutual-funds-online.html

 

6) Edelweiss Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-edelweiss-mutual-funds-online.html

 

7) IDFC Mutual Funds:

http://prajnacapital.blogspot.com/2011/06/buying-idfc-mutual-funds-online.html

 

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