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  • Mirae Asset Mutual Fund launches Mirae Asset Gold ETF Fund of Fund

Oct 16, 2024

Mutual Fund

Mirae Asset Mutual Fund launches Mirae Asset Gold ETF Fund of Fund

NFO period: 16th October - 22nd October, 2024

Highlights of the NFO:

  • Scheme type - An open-ended fund of fund scheme investing in units of Mirae Asset Gold ETF.

  • Investment objective - The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Gold ETF. There is no assurance that the investment objective of the Scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking investments predominantly in units of Mirae Asset Gold ETF. To generate long-term capital appreciation/income.

  • Minimum Application Amount - Rs. 5000/- and in multiples of Re. 1/- thereafter.

  • Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with IDCW Payout and IDCW Reinvestment).

  • Fund Managers - Ms. Ritesh Patel and Mr. Akshay Udeshi

  • Benchmark - Domestic price of physical gold.
Download - KIM
Download - SID

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)