Mirae Asset

India Opportunities Fund (MAIOF)

(An open ended equity oriented scheme)

PRODUCT UPDATE DECEMBER 2017

Key Features Investment Strategy

Key Features Mirae Asset India Mirae Asset India Opportunities Fund is a Diversied Equity
Opportunities Fund fund which:

Type of Scheme An open ended equity
oriented scheme
Investment Objective The investment objective
of the scheme is to generate
long term capital appreciation
by capitalizing on potential
investment opportunities
through predominantly
investing in equities,
equity related securities.
There is no assurance or
guarantee of returns
• Has exibility to invest across sector, themes & market caps.
• Combines consistency of large caps with conviction idea
from midcaps.
• Investment approach is centered around participating in
high quality businesses upto a reasonable price and holding
the same over an extended period of time.
• Focuses on companies with sustainable competitive
advantage stocks which have strong pricing power & are
sector leaders.

Fund Manager Mr. Neelesh Surana

Portfolio Characteristics
(since May 2008) and Dec’17 Nov’17
Mr. Harshad Borawake
(since May 01, 2017) No. of Stocks (Equity) 53 53

Allotment Date 04th April, 2008 Top 3 Sector Holdings* 42.73% 42.91%

Benchmark Index S&P BSE 200 Top 5 Sector Holdings* 54.90% 55.41%
Min. Investment Amount ` 5,000/- and in multiples of Top 3 Stock Holdings 17.89% 18.06%
` 1/-thereafter. Minimum
Additional Application Top 5 Stock Holdings 25.80% 26.29%
Amount: ` 1,000/- per
*AMFI Sector Classication
application and in multiples
of ` 1/- thereafter.
Systematic Investment Monthly and Quarterly:
Plan (SIP) Minimum of ` 1000/- Market Cap Allocation
(multiples of ` 1/-
100%
thereafter), minimum 5
installments.
80%
Load Structure Entry load: NA
Exit load: If redeemed within
1 year (365 days) from the 60%
date of allotment: 1%
If redeemed after 1 year 40%
(365 days) from the date of
allotment: NIL
20%
Plans Available Regular Plan and Direct Plan

Options Available Growth Option & 0%

Dividend Option (Payout & Jan-17 Dec-17
Re-investment)
Large Cap% Mid Cap% Small Cap% Cash%
Net Aum (` Crs.) 6,113 Source: ACEMF, 31st December 2017. A stock is classied as large, mid or small
as on 31st Dec’17 based on its position in the cumulative market capitalization of its style zone.
large-cap stocks are those that have market cap above ` 29,300 Crs, mid-cap
Monthly Avg. Expense Regular Plan: 2.39% stocks are those that have market cap between ` 8,560 Crs. to ` 29,299 Crs.
Ratio (Including Statutory Direct Plan: 1.61% Small-cap stocks are those that have market cap below ` 8,599 Crs. The market
Levies as on 31st Dec’17) caps that correspond to these breakpoints are exible and may shift from month
to month as the market changes.
Allocation - Top Sectors^ Top 20 Holdings
Name of Instrument Industry@ % to Net Assets
Banks 27.03% HDFC Bank Ltd. Banks 8.17%
ICICI Bank Ltd. Banks 5.63%
Cons. N-Durables 7.86%
Larsen & Toubro Ltd. Construction Project 4.09%
Software 7.48% Housing Development
Finance 3.99%
Finance Corporation Ltd.
Auto 6.99% Infosys Ltd. Software 3.92%
State Bank of India Banks 3.73%
Const Project 5.54% Maruti Suzuki India Ltd. Auto 3.52%
Tata Steel Ltd. Ferrous Metals 3.23%
Finance 5.15%
Grasim Industries Ltd. Cement 3.14%
Pharmaceuticals 4.65% Kotak Mahindra Bank Ltd. Banks 2.97%
IndusInd Bank Ltd. Banks 2.93%
Petrol Products 4.43% ITC Ltd.
Consumer
2.85%
Non Durables
Cement 3.77% Reliance Industries Ltd. Petroleum Products 2.84%
Vedanta Ltd. Non-Ferrous Metals 2.52%
Ferrous Metals 3.23% GAIL (India) Ltd. Gas 2.29%
Havells India Ltd. Consumer Durables 2.03%
Other Sectors 20.99%
Adani Ports and Special Transportation 1.99%
Economic Zone Ltd.
0% 10% 20% 30% 40%
Tata Global Consumer
^Industrywise classification as recommended by AMFI 1.87%
Beverages Ltd. Non Durables
Bajaj Auto Ltd. Auto 1.80%
Dividend History Bharti Airtel Ltd. Telecom - Services 1.77%
Other Equities 31.77%
Record Date Dividend (`) Face Value (`) Cum NAV (`)
Cash & Other Receivables
10-Dec-10 1.50 per Unit 10 13.978 2.96%
& MF Units
Total 100.00%
22-Mar-12 1.50 per Unit 10 13.376
@ Industry wise classication as recommended by AMFI
14-Mar-13 1.40 per Unit 10 13.559 $
Ratios
27-Jan-14 1.20 per Unit 10 13.196
Volatility 13.84%
13-Feb-15 1.60 per Unit 10 19.709 Alpha 5.09%
11-Mar-16 1.35 per Unit 10 16.616 Sharpe Ratio# 0.71
Beta 0.98
26-Jul-16 1.50 per Unit 10 17.922 Information Ratio 1.55
24-Jul-17 1.70 per Unit 10 19.049 R-Squared 0.94
Portfolio turnover^ 0.43 times
Past Performance may or may not sustained in future. Pursuant to payment of
dividend the NAV of the dividend option of the scheme will fall to the extent of $ The Volatility, Beta, R-Squared, Sharpe Ratio & Information Ratio are calculated
payout and statutory levy (if applicable). Dividend history is for MAIOF - Regular on returns based on last 3 years Monthly data points. # Risk free rate: FBIL
Plan - Dividend Option OVERNIGHT MIBOR as on 31st Dec’17. ^ Basis last rolling 12 months.

Product Labelling
Mirae Asset India Opportunities Fund is suitable for investors who are seeking* RISKOMETER

Moderate Mo
ely de
• Long term capital appreciation at Hi rat
der w gh e
o Lo
M

ly

• Investment in Equities, Equity related securities

Hig
Low

*Investors should consult their nancial advisers if they are not clear about the suitability of the product
h

Investors understand that their principal

will be at Moderately High Risk

Mutual Fund investments are subject to market risks, read all scheme related documents carefully
Email Us Call Us Internet Contact your financial
customercare@miraeasset.com 1800-2090-777 (Toll Free) www.miraeassetmf.co.in advisor for details
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