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 MAICCFâ€™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 â€“ 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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