Mirae Asset Gilt Invmt Instl Gr

The investment objective of the scheme is to seek to generate returns commensurate with low credit risk by predominantly investing in the portfolio comprising of sovereign securities issued and guaranteed by Central and State Government with residual maturity ranging from 1 year to 20 years or higher. The average portfolio maturity duration of the plan will exceed 4 years. The Scheme may also invest in money market instruments which include but is not limited to treasury bills, CBLO, repo/reverse repo and any other like instruments.

Key stats

Management firm  Mirae Asset Global Inv (India) Pvt. Ltd
Domicile  India
Global Branding Name  Mirae Asset Global Investments
Fund Status  OBSOLETE
Fund currency  INR
Net Assets Date  2011-12-31
Net Assets  ₨633,000
Launch Date  2009-02-06
Obsolete Date  2010-08-12
ISIN  INF769K01358
Manager 1 Name  Marzban Irani
Fund Strategy  Short-Term Government Bond
Benchmark  ICICI Securities Libex TR INR
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2010-07-31
Return - 1 Month  0.30%
Return - 2 Months  0.58 %
Return - 3 Months  0.67%
Return - 6 Months  0.86 %
Return - 9 months  0.78 %
Return - 12 Months  0.06%
Annualized return since Inception  2.91%
Return YTD  0.91%

Charges

Initial  0.00 %
Minimum Investment  ₨1,000,000
Maximum Managment Charge  1.25 %

Contact

Contact Address  Unit No.606, Windsor Building,
Contact Address 2  Off. C.S.T Road,
Contact Address 3  Kalina,
Contact city  Mumbai
Contact country  India
Fund Admin Group  Mirae Asset Global Inv (India) Pvt. Ltd
Web Address  www.miraeassetmf.co.in
Email contact  customercare@miraeassetmf.co.in
Custodian  Standard Chartered Bank
Phone  91-22-67800301

Price

Last Price Date  2010-08-12
Pre-tax nav  10.44
Price change  ₨0.00
Price change (percentage)  0.01 %

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information