Are You Investing in Mirae Asset? Know its Benefits

In today’s time, everyone desires to get some extra benefits. In this trend of innovation and creation, even mutual funds have grown at a rapid pace. By providing various facilities of investments, they are imprinting the mark of their great presence. Founded in the year 1997, Mirae Asset Mutual Fund encompasses the global capacity to deliver the best ideas to the investors across 12 countries worldwide. It was established in India in November 2007 under the sponsorship of Mirae Asset Global Investments Co. Ltd. (South Korea). With the changing phase of time and increasing demand of people, it remains focused on providing the best-suited options to the investors.

Many people make investments in mutual fund these days and to enhance their experience Mirae Asset facilitates various value added features which can be availed while investing in their schemes. They include:

Mirae Asset SIP Top-Up : This feature allows you to increase the instalments by a fixed amount at predetermined intervals. Although this is almost likely to SIP plans, some added features make it more lucrative for the investors. Let’s know about the same with the help of an example:

Two friends A & B start their investment in mutual fund SIP of Rs. 1000 for five years. A invests through normal SIP and B through SIP top-up where the instalment amount will increase by Rs. 1000 every year. At the end of the tenure, total investment of A will be Rs. 72,000 whereas the total investment of B will amount to Rs. 2.52 lakh which is far more than that of A’s savings in five years.                
Mirae Asset Trigger Investment Plan (TRIP) : Not all the investors have strong ability to forecast the future market conditions, but they all wish to invest in the stocks when the market is favourable. To solve this problem, Mirae Asset came up with a plan which allows the investors to choose the timing of their investment on the basis of market fluctuations. One can also limit the amount of investment which is to be parked under specific market conditions. In regular investment plans, you measure the desired level of the market and then deploy money. But, this process lets you park your money in cash management funds and you can set the market scale and amount of investing.

Mirae Asset Group Investment Plan (GRIP) : It is a facility developed for companies to make their employees start SIP investments in specific schemes of Mirae Asset Mutual Fund. The employee authorises his/her organisation to deduct a certain amount for SIP from the monthly salary and invest it in the selected scheme of Mirae Asset. The maximum period of SIP, in this case, is ten years. Furthermore, the investor has the right to modify the amount or discontinue the future GRIP deductions at any point in time by filling a special form in this concern.

Mirae Asset Variable Transfer Plan (VTP) : Through this facility, an investor can adjust a certain targeted value of the scheme in which he/she has an investment in which the funds are automatically invested on the date of transfer. With this, one can make dynamic movements in the value of the funds to attain certain special advantages. Furthermore, the investor also enjoys the flexibility of choosing the frequency of the transfers.

Therefore, it can be said that Mirae Asset Mutual Fund is providing many additional facilities which are specially designed to allow various investors to achieve their financial goals effectively. The schemes of this fund house are available at MySIPonline; you can take the advantages of the same by investing in them right away.