Download Mirae Asset Trigger Investment Plan (TRIP)

Depending on Market levels,
decide your investments
EQUITY
DEBT
Mirae Asset
Trigger Investment Plan (TRIP)
Depending on Market levels, decide your investments
Mirae Asset Trigger Investment Plan (TRIP) is a facility provided to the
Unit holders to set triggers based on closing index levels of S&P BSE
Sensex. It helps investors to enter the markets at index levels most
appropriate to them.
• The trigger date(s) shall occur during the period of 1 year from the date
of registration of the Unit holder.
• The AMC will require at least 7 business days from the date of
submission of valid enrolment forms to register the Unit holder under
the Plan.
Features
• In case the Triggers indicated by the investors remain inactive, the
• The Source as well as the Target Schemes available for TRIP facility are
as follows:
• On completion of 1 year from the date of registration, in case Nil
amount will remain parked in the source scheme.
•
Mirae Asset Cash Management Fund
Triggers or few Triggers are activated, then the balance of the amount
•
Mirae Asset Ultra Short Term Bond Fund
registered under the Plan will remain parked in the source scheme.
•
Mirae Asset India Opportunities Fund
•
Mirae Asset Emerging Bluechip Fund
•
Mirae Asset Tax Saver Fund**
• Unit holders under the plan are offered two enrolment options viz
1. Flexible Installment option: Minimum percentage to be indicated
against each index level trigger is 10% and in multiples of 1%
thereafter
• The minimum Unit holder's account balance or a minimum amount of
investment in the Source scheme at the time of enrolment under the
Plan should be ` 50,000/- and in multiples of ` 1,000/- thereafter.
2. Fixed Installment option (Default option): The percentage
• The Unit holders of the Source scheme(s) have to set triggers
based on the predetermined event.
• NAV Applicability: For TRIP falling on a Friday or on any business day
• On occurrence of predetermined events i.e. the trigger date on which
the closing value of Index (S&P BSE SENSEX) reaches or crosses the
Index level(s) as indicated by the Unit holder(s) in the enrolment form,
the AMC on behalf of the Unit holders will automatically transfer the
specied percentage of the a m o u n t r e g i s t e r e d i n t h e S o u r c e
scheme(s) to select Target scheme(s) on the trigger date(s).
indicated against each index level trigger is xed at 25%
where the next day is a non-business day, for Liquid Funds (MACMF),
the NAV applicable shall be next business day for target scheme & for
source scheme, the NAV of the day proceeding the next business day
will be applicable. In case of debt funds (MAUSTBF), the NAV
applicable shall be the transaction date (i.e. before 3.00 p.m.) for both
source and the target scheme.
How does the facility work?
Suppose you prefer to invest in a mutual fund when markets are at specic
levels, you would need to keep track of markets and invest on the day
markets reach their desired level.
With the TRIP facility, you need not keep track of market movements. You
can simply set four trigger levels to switch the desired sum to the select
equity scheme. Till the time the investments are triggered into select
equity scheme, your investment (will remain parked in select debt
scheme) earns interest income.
As illustrated, if the source scheme is a Debt scheme then one may choose
to invest 15% when Sensex crosses 16,000 levels on a particular day, 20%
when it touches 15500 levels and so on. Investor for example has invested
` 1 lac in Mirae Asset Cash Management Fund and has registered for the
TRIP facility. Therefore, if on a specic day in the future, Sensex closes at
15789 levels, ` 15000 (15% of ` 1 lac) will be transferred to Mirae Asset
India Opportunities Fund (your preferred equity scheme).
Vice versa, if the source scheme is Equity scheme then one may choose to
invest 15% if S&P BSE Sensex reaches 24,500 on a particular day, 20%
when it touches 25,000 levels and so on. Investor for example has
invested ` 1 lac in Mirae Asset India Opportunities Fund and has registered
for the TRIP facility. Therefore, if on a specic day in the future, Sensex
closes at 24,600 levels, ` 15000 (15% of ` 1 lac) will be transferred to
Mirae Asset Cash Management Fund (your preferred debt scheme).
The above illustration is for explanation purposes only and it is not
guaranteed that investment in any of the Mirae Asset Mutual Fund will
follow the same pattern.
Entering Equity Markets
at desired levels
24000 15%
23500 20%
22000 40%
21000 25%
Source Scheme
Investor
Invest
through
TRIP facility
Investor
Invest
through
TRIP facility
Mirae Asset
Cash
Management
Fund
Exiting Equity Markets
at desired levels
26000 25%
26500 40%
27000 20%
27500 15%
Source Scheme
Mirae Asset
India
Opportunities
Fund
Source Scheme
Mirae Asset
India
Opportunities
Fund
Source Scheme
Mirae Asset
Cash
Management
Fund
Please read Key Information Memorandum and Scheme Information
Document for more details.
Product Labeling
Optimal returns over short term
Mo
d
L
Investment in a portfolio of short duration
money market and debt instruments
ely
at
r
e ow
Moderate Mo
d
Hi e
ly
te
ra h
g
Mirae Asset Cash Management Fund
(MACMF)
Riskometer
These products are suitable for investors
who are seeking*
Lo w
Name of the Scheme
High
LOW
HIGH
Investors understand that their principal
will be at Low risk
Optimal returns over medium term
Mo
d
L
Moderate Mo
d
Hi e
ly
te
ra h
g
Investment in a portfolio debt and
money market instruments
ely
at
er ow
Lo w
Mirae Asset Ultra Short Term Bond Fund
(MAUSTBF)
High
LOW
HIGH
Investors understand that their principal
will be at Moderately Low risk
Mirae Asset India Opportunities Fund
(MAIOF)
Long-term capital appreciation
Mirae Asset Emerging Bluechip Fund
(MAEBF)
Long-term capital appreciation
Investment predominantly in equity and
equity related instruments.
Mo
d
L
Lo w
Growth of capital over long term
Moderate Mo
d
Hi e
High
Predominantly investments in Indian equities and
equity related securities of companies which are not
part of the top 100 stocks by market capitalization
ely
at
r
e ow
ly
te
ra h
g
Mirae Asset Tax Saver Fund**
(MATSF)
Investment in equities, equity related securities
LOW
HIGH
Investors understand that their principal
will be at Moderately High risk
*Investors should consult their nancial advisers if they are not clear about the suitability of the product.
**Mirae Asset Tax Saver Fund shall act as the source scheme subject to completion of 3 year lock in period.
This leaet is as on 31st December, 2015. #The scheme eligible for TRIP facility may undergo a change, please visit www.miraeassetmf.co.in for updated list.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Mirae Asset Global Investments (India) Pvt. Ltd.
CIN - U65593MH2006FTC165663
Unit No. 606, 6th Floor, Windsor Building, Off C.S.T. Road, Kalina, Santacruz (E), Mumbai - 400 098.