Mirae Asset Long Duration Fund

The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

• Opportunity to invest in longer maturity debt securities
• Investment in high credit quality debt papers – Government securities, SDLs (State Development Loans) and higher rated corporate bonds
• Fund will be managed dynamically based on the interest rate scenario while maintaining a macaulay duration of the portfolio greater than 7 years
• Can be considered as part of Core Asset Allocation
• Seeks to provide relatively stable returns over the long term
• Can invest for long term financial goals like - Retirement, Child's Education, Marriage, etc.
• Opportunity to capture prevailing yields
• Tactical allocation in a falling interest rate scenario to benefit from capital gains
• Flexibility to withdraw money as & when required at prevailing market yields
• No tax implication on coupon received on debt securities within the fund
• Tax Deferment as mutual funds are pass through vehicles and hence, tax would be applicable only at the time of redemption from the fund