MF Gyan
otherHigh risk14 years oldAccelerating recently (last 6m ≈ 41% p.a.)

Mirae Asset China Advantage Fund - Direct Plan - Dividend

A specialised fund. Check the scheme details for what it invests in. From Mirae Asset Mutual Fund. It's been running since 3 Jan 2013.

Latest price per unit
₹17.457
▲ 0.02% today
As of 14 Sep 2017 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.18 L
▲ ₹17.8k gain · 17.8% / year
Invested 3 years ago
₹1.22 L
▲ ₹22.5k gain · 7.0% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.16 L
Gain / loss+₹36.1k
XIRR (annualised)12.62%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.20 L
Projected gain*+₹39.7k
*at this fund's historical rate of 12.62% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in Income

Same plan
1-year return
17.77%median 4.48% (+13.29%)
Rank #53 of 501Beats 88% of peers
3-year return
6.99%median 6.00% (+0.99%)
Rank #93 of 501Beats 56% of peers
Bumpiness (3Y)
18.55%median 4.87% (+13.68%)
Rank #463 of 501Less risky than 6% of peers
Worst-ever drop
-34.55%median -6.75% (-27.80%)
Rank #26 of 501Less risky than 95% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 5 years were positive.

+19%
2013
+3%
2014
-1%
2015
-6%
2016
+30%
2017
Best year
2017 · 30.17%
Worst year
2016 · -6.31%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
18.5%

The value swings roughly 19% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-34.55%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Mirae Asset China Advantage Fund - Direct Plan - Dividend against other other funds.

Technical details (for the pros)
CAGR — 1 year17.77%
CAGR — 3 years6.99%
CAGR — 5 years—
CAGR — since launch8.22%
Volatility — 1 year (annualised)11.48%
Volatility — 3 years (annualised)18.55%
Max drawdown — 1 year-11.99%
Max drawdown — 3 years-34.55%
Sharpe ratio — 1 year (rf=6%)1.03
Sharpe ratio — 3 years (rf=6%)0.10

Fund info

Fund house
Mirae Asset Mutual Fund
Category
Income
Plan
Direct
Option
Dividend
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
118832
First price on record
3 Jan 2013 · 1,079 daily prices

About Mirae Asset China Advantage Fund - Direct Plan - Dividend

Mirae Asset China Advantage Fund - Direct Plan - Dividend is a Income offered by Mirae Asset Mutual Fund under the Direct plan with the Dividend option. It has approximately 14 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of Mirae Asset China Advantage Fund - Direct Plan - Dividend is ₹17.4570 (as of 14 Sep 2017). Historically, it has delivered 17.76% over the last year, 6.99% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 18.5% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 34.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Mirae Asset China Advantage Fund - Direct Plan - Dividend?+

The latest NAV of Mirae Asset China Advantage Fund - Direct Plan - Dividend is ₹17.4570 as of 14 Sep 2017, up 0.02% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Mirae Asset China Advantage Fund - Direct Plan - Dividend?+

Mirae Asset China Advantage Fund - Direct Plan - Dividend has delivered 1-year return 17.76%, 3-year CAGR 6.99%, since-inception CAGR 8.22%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Mirae Asset China Advantage Fund - Direct Plan - Dividend belong to?+

Mirae Asset China Advantage Fund - Direct Plan - Dividend is categorised as Income. A specialised fund. Check the scheme details for what it invests in.

How risky is Mirae Asset China Advantage Fund - Direct Plan - Dividend?+

Based on its 3-year annualised volatility of 18.5%, Mirae Asset China Advantage Fund - Direct Plan - Dividend sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Mirae Asset China Advantage Fund - Direct Plan - Dividend a direct plan?+

Mirae Asset China Advantage Fund - Direct Plan - Dividend is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is Mirae Asset China Advantage Fund - Direct Plan - Dividend?+

Mirae Asset China Advantage Fund - Direct Plan - Dividend has NAV history available from 3 Jan 2013 — approximately 14 years of track record and 1,079 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.