npavan78
18-06-2008, 07:38 AM
Mirae MF plans to launch BRC Sector Leader Fund. It's an open-ended growth scheme.The investment objective of the scheme is to generate long-term capital Appreciation by investing predominantly in an actively managed portfolio in equities, equity related securities of leading companies/leaders on the basis of market capitalization or market share in respective sectors/sub-sectors; incorporated/ having their area of primary activity in Brazil, Russia or China and listed on any recognized Stock Exchange. The Scheme may also invest a certain portion of its corpus in debt and money market securities in order to meet liquidity requirements from time to time. The scheme offers regular plan, which further offers growth option and dividend option. The dividend option offers dividend payout and dividend re-investment facilities.