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Mirae Asset Nifty 50 ETF Reviews

apurv123MouthShut Verified Member
Indore
Not happy with change in scheme characteristics
Apr 20, 2020 08:50 PM524 Views

Formerly known as Mirae Asset India Equity Fund, this fund has now been renamed as Mirae Asset large cap fund. Previously it was a MultiCap fund & I started SIP of rs. 1500 in 2018.


KYC submission was easy & customer support team was helpful. I invested in this fund after analysing fund management team, fund performance & other parameters.


But later on according to SEBI guidelines it was converted to large cap fund . I felt disappointed as fund characteristics & strategy completely changed, I had to revisit my financial goals and I felt disappointed.


But since then this fund is performing satisfactorily in this tough times due to large capital invested in bluechip companies.


I would suggest everyone to go through the fund portfolio, investment strategy & minimum time horizon before investing.


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