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Mirae Asset Sustainable India Sector Leader Equity Fund

A USD

as of 06/30/2022

Fund Objective

The primary objective of the Fund is to achieve long term growth in the share price through capital appreciation, measured in US Dollars, of the underlying equity portfolio which promotes environmental, social and governance (ESG) criteria.
The Fund will seek to achieve the objective by investing mainly in equities and equity related securities of sector leading companies domiciled in or exercising a large portion of their economic activity in India.[:cn][]

Fund Prices

As of 16/08/2022
Total Fund Size (USD million)236.8
Net Asset Value per Share (USD)22.79
Daily Change (%)0.75%

Peformance Chart

Cumulative

Fund NAVBenchmark
1 Month10.06%13.00%
3 Months8.24%8.64%
6 Months-2.13%-0.18%
YTD-5.59%-2.50%
1 Year0.70%3.59%
3 Years50.00%55.96%
5 Years41.24%54.88%
Since Inception129.80%94.09%

Calendar Year Return %

Fund NAVBenchmark
202111.00%15.90%
202010.63%7.58%
2019-14.12%-7.30%
201841.57%38.76%
2017-0.40%-1.43%
2016-0.24%-6.12%
201534.12%23.87%
2014-2.50%-3.83%
201328.04%25.97%
2012-25.10%-29.41%
2011--

Where no past performance is shown there was insufficient data available to provide performance.

Compositions

As of 30/06/2022
NameFundBenchmarkWeights
Fund
Benchmark
India97.3%100.00%
Cash2.7%0.00%
Compositions are subject to change.
NameFund (%)
Tata Consumer Products Limited2.9%
Fortis Healthcare Ltd.3%
HCL Technologies Limited3.1%
Bharti Airtel Limited4.1%
Housing Development Finance Corporation Limited4.4%
Mahindra & Mahindra Ltd.4.9%
Reliance Industries Limited4.9%
HDFC Bank Limited5%
ICICI Bank Limited6.2%
Infosys Limited9.6%
Holdings are subject to change.

Fund Managers

Lead Portfolio Manager

Rahul Chadha

Chief Investment Officer

Co-Portfolio Manager

Saniel Chandrawat

Senior Investment Analyst (Health Care, Energy, Utilities)

Key Facts

BenchmarkMSCI India Index
Fund StructureSICAV (UCITS V)
Morningstar Category TMIndia Equity
ISIN CodeLU0336297295
Bloomberg TickerMAISLEA LX
Currency of the Share ClassUSD
Other Dealing CurrenciesEUR, GBP
Fund Launch Date02/03/2011
Share Class Launch Date02/03/2011
ValuationDaily

Subscription Details

Management Fee1.5% p.a.
Min Initial InvestmentUSD 2,500

Source: FactSet, Bloomberg and Mirae Asset Global Investment (Hong Kong) Limited.

All performance numbers are net of fees, NAV to NAV, in USD, and with dividends reinvested.

Fund: The fund inception date was on 2 March 2011 whilst Class A (USD) was launched on 2 March 2011.

The calendar year return % show by how much the Fund increased or decreased in value during the calendar year being shown. Where no past performance is shown there was insufficient data available in that year to provide performance.

Benchmark: MSCI India Index. The benchmark is a gross return index that includes reinvestment of dividends/income.

© 2022 Morningstar, Inc. 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. Morningstar Rating as of 30 Jun 2022.

The Fund is a sub fund of Mirae Asset Global Discovery Fund (the Company) a société d’investissement à capital variable (SICAV) domiciled in Luxembourg structured as an umbrella with a number of sub funds. The value of shares in the Fund may fall as well as rise and investors may not get back the amount originally invested. Past performance is not indicative of future performance. If investing in foreign currencies, the return in the investor’s reference currency may increase or decrease as a result of currency fluctuations. The Company is a Luxembourg registered UCITS, recognized in the UK under section 264 of the Financial Services and Markets Act 2000. Compensation from the UK Financial Services Compensation Scheme will not be available in respect of the Fund. This website has been prepared for marketing, presentation, illustration and discussion purposes only. The views and opinions contained in this website are those of Mirae Asset Global Investments (HK) Ltd., which are subject to change without notice and should not be construed as investment or taxation advice. The provision of this document does not constitute or form part of any offer or recommendation to issue, buy or sell, or any solicitation of any offer to subscribe for or purchase any shares nor shall it or the fact of its distribution form the basis of, or be relied upon in connection with, any contract thereof. Nothing in this document shall be construed as advice.

The data in this website comes partially from third-party sources and as a result the accuracy, completeness or correctness of the information contained in this publication is not guaranteed, and third party data is provided without any warranties of any kind. Neither Mirae Asset Global Investments (UK) Ltd. nor Mirae Asset Global Investments (HK) Ltd. shall have any liability in connection with third party data. This website does not explain all the risks involved in investing in the Fund and therefore you should ensure that you read the Prospectus and the Key Investor Information Documents (“KIID”) which contain further information including the applicable risk warnings. The taxation position affecting UK investors is outlined in the Prospectus. The Prospectus and KIID for the Fund are available free of charge from http:// investments.miraeasset.eu, or from Mirae Asset Global Investments (UK) Ltd., 4th Floor, 4-6 Royal Exchange Buildings, London EC3V 3NL, United Kingdom, telephone +44 (0) 20 7715 9900. This website has been approved for issue in the United Kingdom by Mirae Asset Global Investments (UK) Ltd, a company incorporated in England & Wales with registered number 06044802, and having its registered office at 4th Floor, 4-6 Royal Exchange Buildings, London EC3V 3NL, United Kingdom. Mirae Asset Global Investments (UK) Ltd. is authorised and regulated by the Financial Conduct Authority with firm reference number 467535.

ADDRESS

  • Octagon Point, 5 Cheapside, London EC2V 6AA

TEL

  • 44-020-7715-9900

Mirae Asset Global Investments (UK) Limited. Registered in England and Wales. Registered Number 6044802. Registered Office: Octagon Point, 5 Cheapside, London EC2V 6AA, UK. Mirae Asset Global Investments (UK) Limited is authorized and regulated by the Financial Conduct Authority (FCA). FRN: 46753

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