Mirae Asset Mutual Fund launches Mirae Asset Corporate Bond Fund
NFO period: 24th February – 09th March, 2021
Highlights of the NFO:
- Scheme type – An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds
- Investment objective – The investment objective of the scheme is to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds. The scheme does not guarantee or assure any returns.
- Product suitability – This product is suitable for investors who are seeking to generate income over medium to long term by investing predominantly in high quality corporate bonds.
- Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option (with Dividend Reinvestment and Payout Facility).
- Fund Manager – Mr. Mahendra Kumar Jajoo
- Benchmark – NIFTY Corporate Bond Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)