You are an investor in the Mirae Asset Mutual Fund, and you may have any queries regarding your folio. This article aims to assist you with resolving your question.
Mirae Asset MF Scheme performance
List of Mirae Fund best Equity Scheme:
Mirae Asset MF Service
1. Redemption
You can redeem/withdraw Mirae Asset mutual fund units online or via an offline method. The redemption process can be completed anytime during the day using an easy way.
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If you’re already registered, log in to the Mirae Asset MF website.
- After logging in,
- Click “Transact Now.”
- then select Redemption option
- Select your folio number first.
- then select scheme
- Select Value section
- Click on one option. All unit or Specify amount
- Confirm Transaction
After completing the transaction, you will receive a transaction confirmation via email and SMS.
2. SIP Cancellation – Physical & Online
You can cancel or stop your Mirae Asset SIP both physically and online. It's important to note that SIP is a flexible investment, and investors can discontinue the plan at any time without incurring any fees or penalties.
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To end your Mirae Asset SIP online, you can use any of the following methods:
- Visit the AMC online platform
- Submit a cancellation form/letter to the AMC office or registrar office offline
- Contact your financial advisor
Choose the method that works best for you to cancel your Mirae Asset SIP.
3. Nomination – How to add nominee in mirae asset mutual fund
Mutual Fund nomination refers to the appointment of a person to take responsibility for your investments in the fund following your passing away.
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The nominee’s nomination will ensure that, after your death, your Mirae Asset Mutual Fund holdings will be transferred to the nominee.
The preliminary information you must fill in on the form of nomination are:
- Name of the nominee
- Date of birth of the nominee (If minor)
- Nominee’s relationship with the investor
- Address of the nominee
- Percentage share of each nominee (if there is more than 1 nominee), etc.
How to add nominee in Mirae asset mutual fund?
To add a nominee to your Mirae Asset Mutual Fund, you can follow these steps:
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- Download the Nomination Form
- Fill in the form with your Nominee details
- Submit the completed form to your nearest Mirae Asset Mutual Fund office or to their registrar KFin Tech.
- Once the form has been processed, the nominee's name will be added to your mutual fund account.
You can add up to 3 nominees in Mirae Mutual Fund folio and specify the percentage share that each nominee will receive in the event of your death.
If you don’t specify the percentage of your share, the Mutual Fund units will be equally distributed to all nominees named on the nomination form.
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check your Nominee Details in Mirae Asset Website
4. Folio Statement
Enter your Folio number for which you would like to receive the Statement of Account. The Statement of Account will be sent to your Email ID registered in Folio.
Mirae Asset Mutual Fund Folio Statement Link
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5. Mobile & Email Update in Folio
- Login to your Mirae Asset Mutual Fund Account to login.
- At the extreme top right of the menu bar, click on “My Profile” under your name.
- Update Nomination Details
Note: Users will get OTPs on their mobile & register email.
6. Transmission –
Transfer of Units is a method by which units owned by the unitholder who died are handed over to the nominee or the legal descendants or legal heirs of the unitholder who died, as the situation requires.
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- Mirae Asset Transmission Request Form for Transmission of Units in favor of the Nominee(s).
- Death Certificate of the deceased unitholder(s) in original OR photocopy duly attested by a Notary Public or a Gazetted Officer.
- Copy of Birth Certificate, in case the Nominee is a minor.
- Copy of PAN Card of the Nominee(s) / Guardian (in case the Nominee is a minor)
- KYC Acknowledgment OR KYC Form of the Nominee(s) / Guardian (where Nominee is a Minor)
- The Cancelled cheque with the Nominee’s name pre-printed OR Copy of the Nominee’s recent Bank Statement/Passbook (which cannot be more than 3 months old).
7.Minor to Major Form
The process of converting a Mirae Asset Mutual Fund account from a minor to a major account involves the following steps:
- Download Form or collect from branch
- Submit necessary documents: The account holder needs to submit some documents to complete the conversion process
- A new KYC form (if the existing KYC was done when the account holder was a minor)
- A cancelled cheque of the bank account
- Date of birth proof of the minor, such as the birth certificate
- Update in the records: Once the verification is complete, the mutual fund company will update the account holder's records and change the status from minor to major
- Issuance of new account statement: After the conversion process is complete, the mutual fund company will issue a new account statement with the updated status of the account holder.
Mirae Asset Mutual Fund Exit Load Chart
All exit load detail for regular schemes
| Scheme Name | Exit Load for Regular Option |
|---|---|
| Mirae Asset Arbitrage Fund – Regular | 0.25% if redeemed or switched out within 30 days from the date of allotment Nil after 30 days |
| Mirae Asset ESG Sector Leader Fund of Fund – Regular | If redeemed or switched out within 5 calendar days from the date of allotment 0.05% after 5 days from date of allotment -Nil |
| Mirae Asset Mid Cap Fund – Regular | If redeemed within 1 year (365 days) from the date of allotment: 1% If redeemed after 1 year from the date of allotment: NIL |
| Mirae Asset Focused Fund -Regular | If redeemed within 1 year (365 days) from the date of allotment: 1% |
| Mirae Asset Large Cap Fund – Regular | If redeemed within 1 year (365 days) from the date of allotment: 1% |
| Mirae Asset Emerging Bluechip Fund – Regular | If redeemed within 1 year (365 days) from the date of allotment: 1% |
| Mirae Asset Great Consumer Fund | If redeemed within 1 year (365 days) from the date of allotment: 1% |
| Mirae Asset Health Care Fund | If redeemed within 1 year (365 days) from the date of allotment: 1% |
| Mirae Asset Hybrid Equity Fund | If redeemed within 1 year (365 days) from the date of allotment: 1% |
| Mirae Asset Short Term Fund | If redeemed within 30 days from the date of allotment: 0.25%, |
