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Mirae Asset declares Mirae Asset India-China Consumption Fund

Mirae Asset India-China Consumption Fund has delivered robust performance track record and has outperformed the S&P BSE Sensex on a consistent basis since its inception.

December 09, 2013 2:56 IST | India Infoline News Service

Mirae Asset Mutual Fund has declared its second dividend in Mirae Asset India-China Consumption Fund (MAICCF), an open ended equity oriented scheme.
 
Mirae Asset India-China Consumption Fund has delivered robust performance track record and has outperformed the S&P BSE Sensex on a consistent basis since its inception.  This remarkable performance is an outcome of MAICCF’s distinctive investment philosophy which enables it to identify growth businesses which will be positively impacted by the growth story in India & China.

At Mirae Asset, our Consumer Investment Theme responds to lasting changes in the emerging markets.Our strong conviction in long-term opportunities of the consumertheme in Asia, especially led by India and China has led us to develop the Mirae Asset India-China Consumption Fund.What makes the Mirae Asset India-China Consumption Fund unique is that changing demographics of both these counties affects many industry sectors – beyond the consumer staples and discretionary sectors.The fund considers any company whose business model is positioned to benefit from greater consumption in India & China.
 
We have declared a dividend of Rs. 1.10** per unit in Mirae Asset India-China Consumption Fund (MAICCF). This is the second consecutive dividend declared# in this fund.
 

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