111211821-february 2013-facsheet new

FundSpeakF E B R U A R Y 2 0 1 3

Mirae AssetHead Quarters BuildingCenter 1 (Seoul Korea)

Market Commentary

FII (cr.) MF (cr.)

Jan -13 YTD 22,229.70 (4,746.50)

FII AND MF ACTIVITY (EQUITY )

Impact onInterest rates

Debt Market Short Long Factors Term Term

Growth & Inflation Neutral Positve

RBI Policy Neutral Neutral

Policy and Policy Neutral Positivedynamics

Returns 1 Month

BSE IT 12.48%

BSE Sensex 1.52%

BSE Midcap -2.00%

BSE SmallCap -4.14%

BSE Health Care -1.42%

BSE Realty 6.05%

BANKEX 1.64%

BSE Cons. Durables -1.78%

BSE Oil & Gas 9.87%

BSE PSU 4.46%

BSE Power -1.99%

BSE Auto -3.78%

BSE FMCG 0.10%

BSE Metal -4.20%

INDIA EQUITY MARKET

2013-01-31 2012-12-31(%) (%)

Call Rate 7.80 9.0

CBLO 7.74 8.66

3 month CD 8.57 8.49

3 month CP 8.78 9

1 Year CD 8.97 8.82

AAA Corp. 8.87 9.10Bonds (5 yrs)

G -Sec (10 years) 7.91 8.05)

Indian Equity Markets

Indian Debt Markets

Debt Market Outlook

Throughout the month, the benchmark indices moved in a very tight range, however individual stocks witnessed sharper movements. Midcap and small cap sectors also witnessed sharp moves with BSE Midcap Index down by 2% and BSE Small cap index down by 4%.

Oil marketing companies rallied after the oil ministry has now left it up to the companies to decide on raising the prices. The BSE - IT index was the key gainer in January moving higher by 12.48%, followed by rate sensitive sectors which rallied most of the month. The BSE realty index gained 6% while BSE FMCG index remained pretty flat in January.

Foreign institutional investors, continued to invest heavily in our markets with record net flows of $4.1 billion.

RBI Policy: In Third Quarter Review of Monetary Policy 2012-13, the reserve bank of India (RBI) reduced its policy interest rate by a widely expected 25 basis points, taking comfort from cooling inflation as it made the first cut in nine months to support an economy headed for its slowest growth in a decade. RBI has also unexpectedly reduced the cash reserve ratio (CRR) of scheduled banks by 25 basis points from 4.25 per cent to 4.0 per cent of their net demand and time liabilities (NDTL) effective the fortnight beginning February 9, 2013. The reduction in the CRR will inject primary liquidity of around `180 billion into the banking system.

Growth and Inflation: In its credit policy RBI has lowered the growth projections for 2012-13 further from 5.8% to 5.5%. This is the third successive lower revision of growth projections. RBI started the year with GDP growth projected at 7.3% for 2012-13. This was revised lower to 6.5% in Jul-12 policy and to 5.8% in Oct-12 policy.

Politics and Policy dynamics: The government decontrolled diesel prices and allowed oil companies to raise prices to cover their under recoveries. Oil companies immediately raised diesel price for bulk users by ` 9.25/ litre and for retail consumer by ̀ 0.45/litre.

As expected a 25 bps repo cut is well justified amidst the moderating growth - inflation dynamics and subdued investment activities. Further the 25 bps CRR cut though a bit of a surprise, signals limited chances of further OMOs in the rest of the fiscal. We expect the long term bonds to trade range bound because limited chances of further OMOs.

After policy the yields of bank certificate of deposits for One year maturity and three month maturity rose by 40-50 bps after policy. The sharp rise in CD yields despite a 25bps repo rate and 25bps CRR cut by the RBI is a reflection of expected liquidity situation in March 2013.

Source: Bloomberg, www.rbi.org.in

Market Commentary

Performance 1 Month

INR/USD 3.22%

Currency Market

Particulars 1 Month

Nymex Crude 5.66%

Brent Crude Oil 5.15%

LME Aluminium 0.65%

LME Copper 2.80%

LME Nickel 7.47%

LME Zinc 3.70%

Gold -0.70%

Silver 3.65%

Global Equity Markets

India

US

China

Country Index 1 Month

SENSEX 2.41%

NIFTY 2.20%

Hong Hang 4.73%Kong Seng

Korea KOSPI -1.76%

Brazil BOVESPA -1.95%

Japan NIKKEI 7.15%

Russia MSCI 6.28%Russia

Dow Jones 5.77%

NASDAQ 4.06%

Shanghai 5.13%Comp.Index

MSCI China 4.18%

Germany DAX 2.15%

France CAC 2.51%

UK FTSE 6.43%

Global Markets

China Markets

Commodities Market

Outlook -

Globally US and emerging markets equities remained in favour. Surge in industrial

activity in China, demand for the region’s equity picked up as well. According to the

data from the global fund flow tracker, EPFR global, the cautious tone was set at

the start of 2013 with around $40 billion moving into EPFR tracked money market

funds. Nevertheless as demand from emerging market equities kept pace, equity

funds extended their longest inflow streak since a 10-week ended in the fourth

quarter of FY10. On the indices front, Japan's Nikkei was the best performing

market which surged by 7.15% followed by MSCI Russia which was up by 6.28%.

China market rose aided by a relatively positive earnings outlook for firms, as well

as the recent data showing positive economic momentum. Chinese industrial

firms' profits climbed for a fourth consecutive month in December, adding

evidence that the world's second-largest economy is gaining steam after seeing its

lowest growth rate in 13 years. China posted its weakest growth in 13 years last

year, by rising 7.8% year on year, but a rebound in the final quarter pointed to

recovery. Combined with other strengthening indicators revealed this month,

including exports and industrial output figures for December and a preliminary

HSBC reading on January's manufacturing activity, the figures have made many

hopeful for an economic turnaround.

On the precious metal front, gold prices corrected further last month. This was

mainly due to the slackening demand at high prices and a shift in investment

demand to other asset classes. On the domestic front, the government has raised

the import tax on gold by 2% to 6% to curb purchases and rein in a ballooning

fiscal deficit. The LME Nickel index gained 7.4% in the month of January 2013.

On the domestic front, Now that the import duty on the yellow metal

has been increased to 6%, consumption and demand is expected to slow down

further.

In the month of January the ` surged by 3.22% per US Dollar. Brent Crude Oil

surged towards $ 119 per barrel after the release of strong Chinese Economic and

Oil import data while Nymex Crude eased below $ 96 per barrel.

Mirae AssetIndia Opportunities Fund(An open ended equity oriented scheme)

Performance ReportMirae Asset India Opportunities Fund (MAIOF)

30th Dec 2011 - 31st Dec 2012 18.632 33.07% 30.79% 25.54% 13,307 13,079 12,554

31st Dec 2010 - 30th Dec 2011 13.98 -19.69% -27.02% -24.70% 8,031 7,298 7,530

31st Dec 2009 - 31st Dec 2010 17.397 23.12% 16.22% 17.43% 12,312 11,622 11,743

31st Dec 2008 - 31st Dec 2009 14.13 109.33% 88.51% 81.03% 20,933 18,851 18,103

Since Inception 18.632 14.01% 5.29% 5.10% 18,632 12,769 13,235

Index Value (31st Dec, 2012) Index Value of benchmark is 2424.38 and Index value of Sensex is 19426.71Date of allotment 04-Apr-08Scheme Benchmark BSE 200

NAV at the end of theperiod ( ` per unit) MAIOF BSE 200 Sensex** MAIOF BSE 200 Sensex**

Returns Value(INR)*

Portfolio Top 20 Holdings % allocation

ICICI Bank Ltd. 7.29Infosys Ltd. 5.96ITC Ltd. 4.16State Bank of India 4.03HDFC Bank Ltd. 3.68Reliance Industries Ltd. 3.55HDFC Ltd. 3.39Zee Entertainment Enterprises Ltd. 3.19Amara Raja Batteries Ltd. 3.05The Federal Bank Ltd. 2.55Lupin Ltd. 1.99Bharti Airtel Ltd. 1.99Tata Motors Ltd DVR Shares 1.99Larsen & Toubro Ltd. 1.95Gateway Distriparks Ltd. 1.94Oil & Natural Gas Corporation Ltd. 1.93Maruti Suzuki India Ltd. 1.93Bank of Baroda 1.90Titan Industries Ltd. 1.86Cadila Healthcare Ltd. 1.73

Other Equities 36.89

Equity Holding Total 96.95

Cash & Other Receivables 3.05

Total 100.00

@Ratios (Annualised)Volatility 29.44%

Beta 0.97

R Squared 0.97

Sharpe Ratio # 0.24

Information Ratio 1.50

Portfolio Turnover Ratio^ 0.58 times@The Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio

#are calculated since Inception date of the fund. Risk free rate is assumed to be the 91 day T bill yield. Average calculated from

^^February 12 to January 13. Basis last rolling 12 month.

SIP PerformanceMirae Asset India Opportunities Fund

SIP Since

Total Amount Invested 56,000 36,000 12,000

Mkt Value as of 31 Dec 2012 85,628 42,500 13,817

Return(Annualized)*(%) 18.30% 11.07% 29.20%

Benchmark Return(Annualized)*(%) (BSE 200) 10.23% 6.00% 25.42%

Add. Benchmark Return(Annualized)**(%) (BSE Sensex) 9.40% 5.66% 21.90%

Past Performance may or may not sustained in future. *BSE 200 Index. **Sensex Index. SIP Investment Date is taken as 1st of every Month.

Investment 3 Year 1 Year

Inception

st Factsheet data as on 31 January, 2013

Key InformationFund Managers: Neelesh Surana & Gopal Agrawal.

Experience : Neelesh Surana : Over 17 years of experience in Financial Services including Fund Management & Gopal Agrawal: Over 12 years of experience in Fund Management.

Allotment Date: April 04, 2008

NAV (31.01.2013) : Growth Plan : 18.9

Dividend Plan : 14.072

Benchmark Index: BSE 200

Quarterly Avg AUM (` Cr) 279.00 (31.12.2012)

Minimum Investment: Regular : ` 5,000(multiples of ` 1 thereafter).

Systematic Investment Plan (SIP): ` 1,000/-(multiples of ̀ 1/- thereafter), minimum 6 installments (Monthly), ` 1,500/- (multiples of ` 1/- thereafter), minimum 4 installments (Quarterly)

Load Structure : Entry load - Nil, Exit load- If redeemed within 6 months (182 days) from the date of allotment - 2.00%. If redeemed after 6 months (182 days) but within 1 year (365 days) from the date of allotment - 1.00%. If redeemed after 1 year (365 days) from the date of allotment - NIL.

Style Box

Style

MarketcapLarge Mid Small

Growth

Blend

Value

Investment PhilosophyThe Fund is a large cap focused equity diversified fund. The fund is flexible in terms of investing across Investment styles, Themes, Sectors & Market-caps. The fund invests in fundamentally strong & reliable businesses which have sustainable competitive advantages with strong pricing power and are sector leaders.

Fund Investment StrategyWe are avoiding two pockets in the market, investing in companies with Rich valuation as the Margin of Safety is low and companies which are available at cheap valuations but with weak businesses models as we feel there are enough opportunities available outside these two pockets in the market.

Past Performance may or may not sustained in future. Note : The performance of other funds managed by the same fund managers are given in the respective page of the schemes and on page no.10 &11. **Being the last business day.

Dividend HistoryRecord Date Dividend (`)

22-Mar-12 1.50 per Unit

10-Dec-10 1.50 per Unit

9-Sep-09 0.90 per Unit

Allocation - Top 10 Sectors^

^Industrywise classification as recommended by AMFI.

0% 5% 10% 15% 20% 25%

20.96%Other Sectors

3.41%Oil

4.18%Media & Entmnt.

4.42%Finance

4.79%Petroleum Products

5.44%Auto

6.67%Auto Ancillaries

7.77%Pharmaceuticals

8.23%Cons. Non Durables

10.61%Software

20.47%Banks

Mirae AssetEmerging Bluechip Fund(An open ended equity fund)

Performance ReportMirae Asset Emerging Bluechip Fund (MAEBF)

30th Dec 2011 - 31st Dec 2012 13.90 45.27% 38.91% 25.54%

31st Dec 2010 - 30th Dec 2011 9.549 -15.19% -31.07% -24.70%

Since Inception 13.90 14.19% 0.98% 3.51%

Index Value (31st Dec, 2012) Index Value of benchmark is 8505.1 and Index value of Sensex is 19426.71Date of allotment 09-Jul-10Scheme Benchmark CNX Midcap

NAV at the end of theperiod ( ` per unit) MAEBF CNX Midcap Sensex**

Returns

Key Information

Fund Manager & Experience : Neelesh Surana, 17 years of experience in Financial Services including Fund Management.

Allotment Date: July 09, 2010

NAV (31.01.2013): Growth Plan: 13.786 Dividend Plan: 12.60

Benchmark Index: CNX Midcap Index

Quarterly Avg AUM (` Cr) 127.57 (31.12.2012)

Minimum Investment: Regular : ` 5,000(multiples of ̀ 1 thereafter).

Systematic Investment Plan (SIP): ` 1,000/-(multiples of ` 1/- thereafter), minimum 6 installments (Monthly), ` 1,500/- (multiples of ̀ 1/- thereafter), minimum 4 installments (Quarterly)

Load Structure : Entry load - Nil, Exit load - If redeemed within 6 months (182 days) from the date of allotment - 2.00%. If redeemed after 6 months (182 days) but within 1 year (365 days) from the date of allotment - 1.00%. If redeemed after 1 year (365 days) from the date of allotment - NIL.

Portfolio Top 20 Holdings % allocation

The Federal Bank Ltd. 4.39

Amara Raja Batteries Ltd. 4.24

ICICI Bank Ltd. 3.96

ING Vysya Bank Ltd. 3.22

IPCA Laboratories Ltd. 3.10

Gateway Distriparks Ltd. 3.07

Zee Entertainment Enterprises Ltd. 3.02

Divi's Laboratories Ltd. 2.70

GMDC Ltd. 2.67

Bank of Baroda 2.56

Cadila Healthcare Ltd. 2.35

Godrej Consumer Products Ltd. 2.30

JK Cement Ltd. 2.30

Aditya Birla Nuvo Ltd. 2.29

Exide Industries Ltd. 1.93

Motherson Sumi Systems Ltd. 1.89

CESC Ltd. 1.85

Hindustan Petroleum Corporation Ltd. 1.84

Polaris Financial Technology Ltd. 1.74

Titan Industries Ltd 1.72


Total Equities 95.92


Total 100.00

@Ratios (Annualised)Volatility 17.27%Beta 0.75R Squared 0.93Sharpe Ratio # 0.28Information Ratio 1.61 Portfolio Turnover Ratio^ 0.86 times@The Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio

#are calculated since Inception date of the fund. Risk free rate is assumed to be the 91 day T bill yield. Average calculated from

^^February 12 to January 13. Basis last rolling 12 month.

Investment PhilosophyThe Fund is a Mid-cap focused fund which gives investors the opportunity to participate in the growth of the emerging companies which have the potential to be tommorrow’s large caps. The fund invests in the stocks with atleast 100 crores market cap but not a part of top 100 stocks as per market cap (as per NSE) at the time of Investment.

Fund Investment StrategyOur approach is more bottom-up and stock specific, as we believe that deviation in returns within a sector would continue.

Based on our market outlook, we will keep the current balanced portfolio to invest across large, mid and small cap segments and regard market lows as buying opportunities.

The fund invest in companies with strong balance sheet and robust cash flows & earning growth expectations that may perform creditably over the medium to long term.

Style BoxMarketcap

Large Mid Small

Growth

Value

BlendStyle

SIP PerformanceMirae Asset Emerging Bluechip Fund

SIP Since

Total Amount Invested 29,000 12,000

Mkt Value as of 31 Dec 2012 36,028 14,411

Return(Annualized)*(%) 18.31% 39.20%

Benchmark Return(Annualized)*(%)(CNX Midcap Index) 7.72% 30.54%

Add. Benchmark Return(Annualized)*(%) (BSE Sensex) 6.19% 21.90%

Past Performance may or may not sustained in future. # CNX Midcap Index. ## Sensex Index. SIP Investment Date is taken as 1st of every Month.

Investment Inception 1 Year


Past Performance may or may not sustained in future. Note : With effect from 1st October, 2012 Neelesh Surana has been appointed as sole fund manager for the scheme. **Being the last business day.


Dividend HistoryRecord Date

29-Oct-12 1.10 per Unit

Dividend (`)

Allocation - Top 10 Sectors^

0% 5% 10% 15% 20% 25%

22.20%Other Sectors

2.91%Cement

3.07%Transportation

3.48%Consumer Durables

4.11%Finance

4.35%Media & Entmnt.

5.00%Software


10.43%Cons. Non Durables

10.73%Pharmaceuticals

20.10%Banks

Investment PhilosophyThe Fund offers investors access to commodity as an asset class by way of investments into commodity stocks of leading global companies involved directly or indirectly with the commodities business. The fund primarily invests in stocks in Asia Pacific markets and emerging markets thus offering investors an avenue to diversify beyond local boundaries.

Fund Investment StrategyThe slowing growth in developed markets and emerging markets has slowed demand across the globe which has impacted the performance of commodities. However global business environment is now showing signs of stabilizing and central governments globally are focused on reviving growth, which should provide good support for commodity prices going forward. We invest in mostly large cap companies in our portfolio which provides stability to our portfolio.

Allocation - Top Sectors^

Mirae AssetGlobal Commodity Stocks Fund(An open ended equity fund)

Key InformationFund Manager : Gopal Agrawal & Sumit Agrawal.

Experience : Gopal Agrawal : Over 12 years of experience in Fund Management & Sumit Agrawal : (Overseas Investments) : 7 years of experience in Equity Research Analysis.

Allotment Date: August 20, 2008

NAV (31.01.2013) : Growth Plan : 12.531

Dividend Plan : 12.531

Benchmark Index: MSCI AC Asia Pacific Selected Countries and Sectors Special Weighted Index.

Minimum Investment: Regular : ` 5,000 and in multiples of ̀ 1/- thereafter


Load Structure: Entry load - Nil, Exit load - If redeemed within 6 months (182 days) from the date of allotment - 2.00%.If redeemed after 6 months (182 days) but within 1 year (365 days) from the date of allotment - 1.00%. If redeemed after 1 year (365 days) from the date of allotment - NIL.

Portfolio Top 10 Holdings % allocationEquity Shares (Domestic - Holdings Equities) 32.71Reliance Industries Ltd. 10.89Oil & Natural Gas Corporation Ltd. 4.01Asian Paints Ltd. 2.43Hindalco Industries Ltd. 2.28Coal India Ltd. 2.26Tata Steel Ltd. 2.19Jindal Steel & Power Ltd. 2.07Sterlite Industries (India) Ltd. 1.96Cairn India Ltd. 1.27Ultratech Cement Ltd. 1.22Other Domestic Equities 2.13Equity Shares (International - Holding) 65.96BHP Billiton Ltd. 11.03Cnooc Ltd. 5.67Petrochina Company Ltd. 5.14%Rio Tinto Ltd. 3.98Woodside Petroleum Ltd. 3.96POSCO (Pohang Iron & Steel Co. Ltd.) 3.94LG Chemicals Ltd. 3.44China Petroleum -H- 3.17Newcrest MMining Ltd. 2.04SK Innovation Co. Ltd. 1.96Other International Equities 19.67Equity Total 98.67Cash & Cash Equivalents 1.33Total 100.00

Style Box


Domestic Equities Sectoral Allocation* (Top 5 holdings) International Equities Sectoral # Allocation (Top 5 holdings)

^Industrywise classification as recommended by AMFI. #GICS sub-Industry Classification

@Ratios (Annualised)Volatility 27.16%Beta 0.99R Squared 0.97Sharpe Ratio# 0.01Portfolio Turnover Ratio^ 0.43 Times@The Volatility, Beta, R Squared & Sharpe Ratio are calculated since Inception

#date of the fund. Risk free rate is assumed to be the 91 day T bill yield. Average ^^calculated from February 12 to January 13. Basis last rolling 12 month.

Marketcap

GrowthStyle

Large Mid Small

BlendValue

Past Performance may or may not sustained in future. Note: The benchmark of the fund has been changed to MSCI AC Asia Pacific selected countries & Sectors Special Weighted Index effective from 1 October 2012. With effect from 1st October, 2012 Mr. Gopal Agrawal & Sumit Agrawal has been appointed as the fund manager for the scheme. ** Being the last business day.

Country Allocation

Performance ReportMirae Asset Global Commodity Stocks Fund (MAGCSF)

30th Dec 2011 - 31st Dec 2012 12.671 13.45% 11.75% 25.54% 11,345 11,175 12,554

31st Dec 2010 - 30th Dec 2011 11.161 -15.67% -15.19% -24.70% 8,433 8,481 7,530

31st Dec 2009 - 31st Dec 2010 13.229 7.54% 11.97% 17.43% 10,754 11,197 11,743

31st Dec 2008 - 31st Dec 2009 12.301 95.53% 104.31% 81.03% 19,553 20,431 18,103

Since Inception 12.671 5.57% 7.32% 6.63% 12,671 13,614 13,235

Index Value (31st Dec, 2012) Index Value of benchmark is 126.59 and Index value of Sensex is 19426.71Date of allotment 20-Aug-08Scheme Benchmark MSCI AC Asia Pacific Selected Countries and Sectors Special Weighted Index

NAV at the end of theperiod ( ` per unit) MAGCSF Scheme Sensex** MAGCSF Scheme Sensex**

Benchmark Benchmark

Returns Value

ChinaAustralia

IndiaIndonesiaKorea

Plays on International diversification

2.11%9.34%

28.51%

26.00%

32.71%

0% 5% 10% 15%

3.85%Other Sectors

3.02%Minerals/Mining

4.24%Non - Ferrous Metals

4.82%Ferrous Metals

5.28%Oil

11.50%Petroleum Products

0% 5% 10% 15% 20%

13.81%Other Sectors

5.00%Steel

5.40%Commodity Chemicals

10.16%Integrated Oil & Gas

14.08%Oil & Gas Exploration & Production

17.51%Diversified Metals & Mining

Mirae AssetChina Advantage Fund(An open ended Fund of Funds Scheme)


Investment Philosophy

The Fund invests in an underlying fund, which invests in equities of sector leading companies domiciled in, or exercising a large portion, of their economic activity in China and Hong Kong.

The fund gives investors an opportunity to invest in China companies with high investment potential. The emphasis on market leaders gives the fund a bias towards large/mid-cap names.

Fund is positioned to take advantages of the growth opportunities related to the secular and structural changes in China.

Key Information

Fund Manager: Sumit Agrawal

Experience: Sumit Agrawal : (Overseas Investments) : 7 years of experience in Equity Research Analysis.

Allotment Date: November 05, 2009

NAV (31.01.2013) : Growth: 11.816 Dividend: 11.816

Benchmark Index: MSCI China (in INR Terms)

Minimum Investment: Regular : ` 5,000(multiples of ̀ 1 thereafter).


Load Structure: Entry load - Nil, Exit load - If redeemed within 6 months (182 days) from the date of allotment - 2.00%. If redeemed after 6 months (182 days) but within 1 year (365 days) from the date of allotment - 1.00%. If redeemed after 1 year (365 days) from the date of allotment - NIL.

Fund Investment StrategyInvestors should enter into China with 3-5 years’ time horizon as that markets are very volatile for short term investments. Due to cheap valuations, market can see rally in short term if there are policy reforms by the new government, demand improvement from EU, US zone.

Underlying Fund Top 10 Holdingsth as on 30 November, 2012

Mirae Asset China Sector Leader Equity FundEquity Shares

Industrial & Commercial Bank of China 7.50

Ping An Insurance Ltd 6.80

Kunlun Energy 6.70

China Construction Bank 5.80

CNOOC Ltd. 5.70

Baidu 4.90

China Overseas Land & Investment 4.70

Tencent Holding 4.30

Tingyi (Cayman Islands) 4.10

China Resources Enterprise 3.60

Portfolio Holdings % allocation

Mutual Fund Units & ETFMirae Asset China Sector 99.50Leader Equity Fund

Total Alocation to International 99.50Mutual Fund Units


Total 100.00

Past Performance may or may not sustained in future. Note : With effect from 1st October, 2012 Sumit Agrawal has been appointed as sole fund manager for the scheme. **Being the last business day.

Performance ReportMirae Asset China Advantage Fund (MACAF)

30th Dec 2011 - 31st Dec 2012 11.705 19.24% 22.61% 25.54% 11,924 12,261 12,554

31st Dec 2010 - 30th Dec 2011 9.807 -11.93% -5.39% -24.70% 8,807 9,461 7,530

31st Dec 2009 - 31st Dec 2010 11.131 11.56% -1.68% 17.43% 11,156 9,832 11,743

Since Inception 11.705 5.11% 4.80% 6.21% 11,705 11,595 12,093

Index Value (31st Dec, 2012) Index Value of benchmark is 444.84 and Index value of Sensex is 19426.71

Date of allotment 05-Nov-09

Scheme Benchmark MSCI China(INR)

NAV at the end of the period ( ` per unit) MACAF MSCI China Sensex** MACAF Sensex**

Returns Value(INR)*MSCI China

@Ratios (Annualised)Volatility 17.88%Beta 1.01R Squared 0.88Sharpe Ratio# -0.07@The Volatility, Beta, R Squared & Sharpe Ratio are

#calculated since Inception date of the fund. Risk free rate is assumed to be the 91 day T bill yield. Average calculated from February 12 to January 13.

Style BoxMarketcap

Large Mid Small

Growth

Value

BlendStyle

Plays on International diversification


^GICS Sector Classification

0% 5% 10% 15% 20% 25% 30% 35% 40%

2.8%Cash

1.1%Healthcare1.5%Telecom Services

2.8%Utilities

4.9%Cons. Discretionery7.0%Material

8.4%Industrial9.6%Consumer Staples

11.5%IT16.4%Energy

34.3%Financial

Investment PhilosophyThe fund gives the investors a chance to invest in two of the world’s fastest growing countries in one go. The fund invests in basket of Consumer Stocks which are going to benefit directly or indirectly from consumption led demand in India & China.

India & China are worlds highly populated fast growing countries with increasing income, increasing middle class and urbanization, the consumption theme is expected to be dominant in both the countries over the next decade.

Fund Investment Strategy:We are very positive on the consumption theme in India and China and we think this then me is going to play over in long term. In India we are more positive on Auto(we prefer four wheeler over two wheelers), Bank(In banks we prefer private sector banks more than public sector banks) & Media & Entertainment. In China we prefer Telecom Service providers, Retail, Internet companies.


Mirae AssetIndia-China Consumption Fund(An open ended equity oriented scheme)

Key InformationFund Managers: Gopal Agrawal, Neelesh Surana & Sumit Agrawal. (Overseas Investments.)

Experience: Gopal Agrawal : Over 12 years of experience in Fund Management, Neelesh Surana : 17 years of experience in Financial Services including Fund Management. S u m i t A g r a w a l (Overseas Investments) : 7 years of experience in Equity Research Analysis.

Allotment Date: March 29, 2011

NAV(31.01.2013) : Growth: 13.302 Dividend: 13.302

Quarterly Avg AUM(Rs Cr):16.29 (31.12.2012)

Benchmark Index: MSCI India consumption Index (65%) + MSCI China Consumption Index(35%) INR.

Minimum Investment: Regular : ` 5,000 and in multiples of Re. 1/- thereafter

Systematic Investment Plan (SIP): ` 1,000/-(multiples of ` 1/- thereafter), minimum 6 installments (Monthly), ` 1,500/- (multiples of ̀ 1/- thereafter), minimum 4 installments (Quarterly).

Load Structure: Entry load -Nil, Exit load- If redeemed within 6 months (182 days) from the date of allotment - 2.00%. If redeemed after 6 months (182 days) but within 1 year (365 days) from the date of allotment - 1.00%. If redeemed after 1 year (365 days) from the date of allotment - NIL.

Style BoxMarketcap

Large Mid SmallGrowthBlendValue

Style


SIP PerformanceMirae Asset India-China Consumption Fund

SIP Since




Benchmark Return(Annualized)*(%)# 24.76% 33.01%


Past Performance may or may not sustained in future. # MSCI India Consumption Index (65%) + MSCI China Consumption Index (35%). ## Sensex Index. SIP Investment Date is taken as 1st of every Month.

Investment Inception 1 Year

Performance ReportMirae Asset India China Consumption Fund (MAICCF)

30th Dec 2011 - 31st Dec 2012 13.408 35.39% 32.43% 25.54%

Since Inception 13.408 18.11% 19.25% 0.91%


Date of allotment 29-March 2011

Scheme Benchmark MSCI India consumption Index(65%) + MSCI China Consumption Index(35%) INR

NAV at the end of theperiod ( ` per unit) MAICCF Scheme Benchmark Sensex**

Return

Portfolio Top 10 Holdings % allocationEquity Shares (Domestic Equities) 67.72ITC Ltd. 6.40ICICI Bank Ltd. 5.92Zee Entertainment Enterprises Ltd. 4.45Tata Motors Ltd DVR Shares 3.83Amara Raja Batteries Ltd. 3.44Titan Industries Ltd. 2.86United Spirits Ltd. 2.74Gateway Distriparks Ltd. 2.20JK Cement Ltd. 2.19Tata Motors Ltd. 2.18Other Equities 31.51Equity Shares (International-Top 10 Holdings) 26.23China Mobile 5.09

Ind & Comm Bk - H 2.36

Bank of China Ltd. 1.93

Belle Intl. Hldgs. 1.86

Hengan International Group Co. Ltd. 1.80

China Construct BK-H 1.78

China Unicom 1.54

Tingyi (Cayman Islands) Holdings Corp. 1.51

China Overseas Land & Invest Ltd. 1.48

Want Want China Holdings Ltd. 1.47


Total Equity Allocation 93.95Cash & Other Receivables 6.05Total 100.00

Domestic Equities Sectoral (Top 5 holdings)

Allocation*


@Ratios (Annualised)Volatility 11.84%

Beta 0.87

R Squared 0.88

Sharpe Ratio 0.66

Portfolio Turnover Ratio^ 1.07 times@The Volatility, Beta, R Squared & Sharpe Ratio are calculated since

#Inception date of the fund. Risk free rate is assumed to be the 91 day T bill yield. Average calculated from February 12 to January 13. ^^Basis last rolling 12 month.

Country Allocation

**Being the last business day.Past Performance may or may not sustained in future.

IndiaChinaCash & Other Receivables

International Equities Sectoral #Allocation(Top 5 holdings)

#GICS sub-Industry Classification

67.72%

26.23%

6.05%

0% 5% 10% 15% 20% 25% 30%

25.23%Other Sectors

5.40%Media & Entertainment


7.63%Banks

8.05%Auto

15.82%Consumer Non Durables

0% 1% 2% 3% 4% 5% 6% 7% 8%

7.55%Other Sectors

1.86%Apparel Retail

2.67%Integrated Telecommunication

Services

2.98%Packaged Foods & Meats

5.09%Wireless Telecommunication

Services

6.07%Diversified Banks

Performance of funds managed by Gopal Agrawal, Neelesh Surana & Sumit Agrawal (Overseas Investments)

Mirae Asset India Opportunities Fund (MAIOF) - Fund Manager - & Gopal AgrawalNeelesh Surana

Fund Performance & SIP Returnsfor all Equity Funds

SIP Investment Since Inception 3 Year 1 Year




Benchmark Return(Annualized)*(%) (BSE 200) 10.23% 6.00% 25.42%

Add. Benchmark Return(Annualized)**(%) (BSE Sensex) 9.40% 5.66% 21.90%# ## BSE 200 Index Sensex

Mirae Asset Emerging Bluechip Fund (MAEBF) - Fund Manager - Neelesh Surana

Mirae Asset China Advantage Fund (MACAF) - Fund Manager - Sumit Agrawal

NAV (`per unit) Returns Value (INR)*

MAIOF BSE 200 Sensex** MAIOF BSE 200 Sensex**

30th Dec 2011 - 31st Dec 2012 18.632 33.07% 30.79% 25.54% 13,307 13,079 12,554

31st Dec 2010 - 30th Dec 2011 13.98 -19.69% -27.02% -24.70% 8,031 7,298 7,530

31st Dec 2009 - 31st Dec 2010 17.397 23.12% 16.22% 17.43% 12,312 11,622 11,743

31st Dec 2008 - 31st Dec 2009 14.13 109.33% 88.51% 81.03% 20,933 18,851 18,103

Since Inception 18.632 14.01% 5.29% 5.10% 18,632 12,769 13,235


Date of allotment 04-Apr-08

Returns

MAEBF CNX Midcap Sensex**

30th Dec 2011 - 31st Dec 2012 13.90 45.27% 38.91% 25.54%

31st Dec 2010 - 30th Dec 2011 9.549 -15.19% -31.07% -24.70%

Since Inception 13.90 14.19% 0.98% 3.51%


Date of allotment 09-Jul-10 Scheme Benchmark CNX Midcap

NAV (`per unit)

Returns Value (INR)*

MACAF MSCI China Sensex** MACAF MSCI China Sensex**

30th Dec 2011 - 31st Dec 2012 11.705 19.24% 22.61% 25.54% 11,924 12,261 12,554

31st Dec 2010 - 30th Dec 2011 9.807 -11.93% -5.39% -24.70% 8,807 9,461 7,530

31st Dec 2009 - 31st Dec 2010 11.131 11.56% -1.68% 17.43% 11,156 9,832 11,743

Since Inception 11.705 5.11% 4.80% 6.21% 11,705 11,595 12,093

Since Inception 18.632 14.01% 5.29% 5.10% 18,632 12,769 13,235


Date of allotment 05-Nov-09

NAV (`per unit)

SIP Investment Since Inception 1 Year




Benchmark Return(Annualized)*(%)(CNX Midcap Index) 7.72% 30.54%

Add. Benchmark Return(Annualized)*(%) (BSE Sensex) 6.19% 21.90%# ## CNX Midcap Index Sensex





Benchmark Return(Annualized)*(%) * (MSCI China) 10.65% 11.03% 28.06%

Add. Benchmark Return(Annualized)*(%) ** (BSE Sensex) 5.54% 5.63% 21.12%

# MSCI China(Price in INR) ## Sensex





Benchmark Return(Annualized)*(%)# 9.47% 2.95% 9.67%

Add. Benchmark Return(Annualized)*(%) (BSE Sensex) 10.04% 5.66% 21.90%

#MSCI AC Asia Pacific Selected Countries and Sectors Special Weighted Index. ## Sensex

Fund Performance & SIP Returnsfor all Equity Funds (Contd.)

Performance of funds managed by Gopal Agrawal, Neelesh Surana & Sumit Agrawal (Overseas Investments)

Mirae Asset Global Commodity Stocks Fund (MAGCSF) - Fund Manager - Gopal Agrawal & Sumit Agrawal

Mirae Asset India China Consumption Fund (MAICCF) - Sumit Agrawal (Overseas Investments)

Fund Manager Gopal Agrawal, Neelesh Surana &

The calculations of returns shall assume reinvestment of all payouts at the then prevailing NAV. Returns provided are of Regular Plan-Growth Option & Absolute returns. CAGR-Compounded Annualised Growth returns. Alternate Scheme Benchmark**. *As per SEBI standard on performance disclosure, returns in INR terms based on a standard investment of ̀ 10,000/- have been shown only for Schemes that have been in existence for more than three years. NAV ( per unit) is at the end of the period. Past performance may or may not be sustained in future.`

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

SIP investment date assumed to be the first day of every month. Past performance may or may not be sustained in future.SIP Investment Amount per Month = ` 1,000. SIP Valuation Date = 30 September, 2012.th

Returns Value (INR)*MAGCSF Scheme Benchmark Sensex** MAGCSF Scheme Benchmark Sensex**

30th Dec 2011 - 31st Dec 2012 12.671 13.45% 11.75% 25.54% 11,345 11,175 12,554

31st Dec 2010 - 30th Dec 2011 11.161 -15.67% -15.19% -24.70% 8,433 8,481 7,530

31st Dec 2009 - 31st Dec 2010 13.229 7.54% 11.97% 17.43% 10,754 11,197 11,743

31st Dec 2008 - 31st Dec 2009 12.301 95.53% 104.31% 81.03% 19,553 20,431 18,103

Since Inception 12.671 5.57% 7.32% 6.63% 12,671 13,614 13,235


Date of allotment 20-Aug-08

Scheme Benchmark MSCI AC Asia Pacific Selected Countries and Sectors Special Weighted Index

NAV (`per unit)

SIP Investment Since Inception 1 Year




Benchmark Return(Annualized)*(%)# 24.76% 33.01%


# MSCI India Consumption Index (65%) + MSCI China Consumption Index (35%) ## Sensex

ReturnsMAICCF Scheme Sensex**

30th Dec 2011 - 31st Dec 2012 13.408 35.39% 32.43% 25.54%

Since Inception 13.408 18.11% 19.25% 0.91%


Date of allotment 29-Mar-11

Scheme Benchmark MSCI India consumption Index(65%) + MSCI China Consumption Index(35%) INR

NAV (`per unit)

Benchmark

Mirae Asset Global Investments (India) Private LimitedthUnit No. 606, 6 Floor, Windsor Building,

Off C. S. T. Road, Kalina, Santacruz - (East), Mumbai - 400 098.

www.miraeassetmf.co.in *[email protected](1800 1020 777 (Toll free)

Investment Objective: Mirae Asset India Opportunities Fund (An open-ended equity oriented scheme): To generate long term capital appreciation by capitalizing on potential investment opportunities through predominantly investing in equities, equity related securities. There is no assurance or guarantee of returns. Asset Allocation: (1) Indian Equities and Equity Related Securities: 65% to 100% (2) Money market instruments / debt securities Instruments: 0% to 35% (Including up to 25% of corpus in securitized debt).Transparency: The NAV will be calculated at the close of every working day and shall be published in two daily newspapers. Investment Objective: Mirae Asset Global Commodity Stocks Fund (An open-ended equity fund): To generate long term capital appreciation through an actively managed portfolio investing in equity and equity related securities of companies that are engaged in commodity and commodities related sectors/sub sectors/industries, with at least 65% of the corpus invested overseas in Asia Pacific and Emerging Markets. There is no assurance or guarantee of returns. Asset Allocation: (1) Asia Pacific and/or Emerging Markets Equities and Equity Related Securities (excluding Indian equities and equities related securities) of companies that are engaged in commodity and commodities related sectors/sub sectors/industries: 65% to 100% (2) Indian Equities and Equity Related Securities, including but not limited to those that are engaged in commodity and commodities related sectors/sub sectors/industries: 0% to 35% (3) Money market instruments / debt securities Instruments** (Including upto 25% of corpus in securitized debt) : 0% to 35%. Transparency: The NAV will be calculated at the close of every working day and shall be published in two daily newspapers. Investment Objective: Mirae Asset China Advantage Fund (An open-ended fund of funds scheme): The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in units of Mirae Asset China Sector Leader Equity Fund and/or units of other mutual fund schemes, units of exchange traded schemes that focus on investing in equities and equity related securities of companies domiciled in or having their area of primary activity in China and Hong Kong. The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of Domestic Mutual Funds, in order to meet liquidity requirements from time to time. The Scheme does not guarantee or assure any returns. Asset Allocation: (1) Units of Mirae Asset China Sector Leader Equity Fund and/or units of other mutual fund schemes, units of ETFs investing in equities and equity related securities of companies domiciled in or having their area of primary activity in China and Hong Kong*: 80-100% (2) Money market instruments / debt securities Instruments** and/or units of debt/liquid schemes of domestic Mutual Funds.: 0-20% (*Equity and Equity related instruments include convertible debentures, equity warrants, convertible preference shares, equity derivatives etc. ** Debt instruments include securitized debt upto 20% of corpus.). Transparency: The NAV will be calculated at the close of every working day and shall be published in two daily newspapers and on the AMFI website by 10 a.m. of the following Business Day. Investment Objective: Mirae Asset Emerging Bluechip Fund (An Open ended Equity Fund) - To generate income and capital appreciation from a diversified portfolio predominantly investing in Indian equities and equity related securities of companies which are not part of the top 100 stocks by market capitalization and have market capitalization of atleast ̀ 100 Crores at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity related securities to achieve optimal portfolio construction. The Scheme does not guarantee or assure any returns. Asset Allocation: (1) Indian Equities and Equity Related Securities of companies, which are not part of the top 100 stocks by market capitalization and have market capitalization of atleast ̀ 100 Crores at the time of investment: 65%-100% (2) Other Indian Equities and Equity Related Securities: 0%-35%; Money market instruments / debt securities Instruments (Including upto 20% of corpus in securitized debt): 0%-35%. Transparency: The NAV will be calculated at the close of every working day and shall be published in two daily newspapers. Investment Objective: Mirae Asset India-China Consumption Fund (An Open ended Equity Oriented Scheme) - The investment objective of the scheme is to generate long term capital appreciation through an actively managed portfolio investing in equity and equity related securities of companies that are likely to benefit either directly or indirectly from consumption led demand in India / China. The Scheme does not guarantee or assure any returns. Asset Allocation : (1) Indian Equities and Equity Related Securities of companies that are likely to benefit either directly or indirectly from consumption led demand: 65%-90% (2) Chinese Equities and Equity Related Securities of companies that are likely to benefit either directly or indirectly from consumption led demand: 10%-35%; (3) Money market instruments / debt securities Instruments and/or units of debt/liquid schemes of domestic Mutual Funds : 0%-25%. Transparency: The NAV will be calculated at the close of every working day and shall be published in two daily newspapers. Load structure of all the schemes : Entry load - Nil, Exit Load: If redeemed within 6 months (182 days) from the date of allotment - 2.00%. If redeemed after 6 months (182 days) but within 1 year (365 days) from the date of allotment -1.00%. If redeemed after 1 year (365 days) from the date of allotment -NIL. For Mirae Asset China Advantage Fund (MACAF) : Investors should also be aware that the underlying scheme(s) could charge entry load/exit load which may affect the returns to the investors. The load structure of the underlying scheme(s) may change from time to time. The investor shall bear the scheme recurring expenses in addition to the scheme recurring expenses of underlying scheme.Statutory Details: Sponsor: Mirae Asset Investments Company Limited. Trustee: Mirae Asset Trustee Company Private Limited; Investment Manager: Mirae Asset Global Investments (India) Private Limited.

Distributed by:

For Equity Funds:Current Expense Ratio (#) (Effective Date 01st October 2012)Regular Plan:On the first 100 crores daily net assets 2.50%On the next 300 crores daily net assets 2.25%On the next 300 crores daily net assets 2.00% On the balance of the net assets 1.75%In addition to the above a charge of 20 bps on the daily net assets; Plus, a proportionate charge in respect sales beyond T-15 cities subject to maximum of 30 bps on daily net assets may also be charged (currently not being charged).Excluding service tax on Investment Management Fee.For Direct Plans (Effective Date 01st January, 2013)#:The above expense ratio will also be applicable for Direct Plans except that the Direct Plan shall have a lower expense ratio excluding distribution expenses, commission, etc. and no commission for distribution of Units will be paid / charged under Direct Plan.(#) Any change in the expense ratio will be updated within two working days.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

For Liquid/Debt Funds:Current Expense Ratio (#)(Effective Date 01st October 2012)Regular/Institutional PlanOn the first 100 crores daily net assets 2.25%On the next 300 crores daily net assets 2.00% On the next 300 crores daily net assets 1.75% On the balance of the net assets 1.50%In addition to the above a charge of 20 bps on the daily net assets; Plus, a proportionate charge in respect sales beyond T-15 cities subject to maximum of 30 bps on daily net assets may also be charged (currently not being charged).Excluding service tax on Investment Management Fee. For Direct Plans (Effective Date 01st January, 2013)#:The above expense ratio will also be applicable for Direct Plans except that the Direct Plan shall have a lower expense ratio excluding distribution expenses, commission, etc. and no commission for distribution of Units will be paid / charged under Direct Plan.(#) Any change in the expense ratio will be updated within two working days.

For Fund of Funds:Current Expense Ratio (#)(Effective Date 1st October, 2012 is 2.50%)*Excluding Service Tax on Investment Management Fees, if any.** includes expenses charged by the underlying fund as well.For Direct Plans (Effective Date 01st January, 2013)#: The above expense ratio will also be applicable for Direct Plans except that the Direct Plan shall have a lower expense ratio excluding distribution expenses, commission, etc. and no commission for distribution of Units will be paid / charged under Direct Plan.(#) Any change in the expense ratio will be updated within two working days.

111211821-february 2013-facsheet new

Documents