Mirae Asset (India) Fund

0P00017845 -  India Fund  

INR 25.60  0.004  0.0156%

Market Performance
0 of 100
Odds Of Distress
Less than 44
Mirae Asset is trading at 25.60 as of the 5th of December 2021, a -0.02 percent decrease since the beginning of the trading day. The fund's open price was 25.604. Mirae Asset has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Mirae Asset Tax are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of January 2021 and ending today, the 5th of December 2021. Click here to learn more.
The investment objective of the scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. Mirae Asset is traded on Bombay Stock Exchange in India.. More on Mirae Asset Tax

Mirae Asset Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Mirae Asset's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mirae Asset or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Mirae Asset Tax generated a negative expected return over the last 90 days
The fund holds 99.03% of its total net assets in equities
Legal NameMirae Asset Tax
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Mirae Asset's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Beta In Three Year0.97
Startdate28th of December 2015
Mirae Asset Tax [0P00017845] is traded in India and was established 5th of December 2021. The fund is listed under ELSS (Tax Savings) category and is part of Mirae Asset Global Inv (India) Pvt. Ltd family. Mirae Asset Tax presently has accumulated in total net assets with minimum initial investment of 500.
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Instrument Allocation

Mirae Asset Tax Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mirae Asset market risk premium is the additional return an investor will receive from holding Mirae Asset long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mirae Asset. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mirae Asset's alpha and beta are two of the key measurements used to evaluate Mirae Asset's performance over the market, the standard measures of volatility play an important role as well.

Mirae Asset Against Markets

Picking the right benchmark for Mirae Asset fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mirae Asset fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mirae Asset is critical whether you are bullish or bearish towards Mirae Asset Tax at a given time.

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Our tools can tell you how much better you can do entering a position in Mirae Asset without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please continue to Trending Equities. Note that the Mirae Asset Tax information on this page should be used as a complementary analysis to other Mirae Asset's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Tools for Mirae Fund

When running Mirae Asset Tax price analysis, check to measure Mirae Asset's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mirae Asset is operating at the current time. Most of Mirae Asset's value examination focuses on studying past and present price action to predict the probability of Mirae Asset's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mirae Asset's price. Additionally, you may evaluate how the addition of Mirae Asset to your portfolios can decrease your overall portfolio volatility.
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