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News Mirae Asset Mutual Fund launches Mirae Asset Nifty 500 Value 50 ETF
Mar 9, 2026
Mutual Fund
Mirae Asset Mutual Fund launches Mirae Asset Nifty 500 Value 50 ETF
NFO period: 09th Mar - 16th Mar, 2026
Highlights of the NFO:
- Scheme type - An open-ended scheme replicating/tracking Nifty 500 Value 50 Total Return Index
- Investment objective - The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 500 Value 50 Total Return Index, subject to tracking error. 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 to generate return that are commensurate with the peformance of Nifty 500 Value 50 Total Return Index, subject to tracking error over long term. Investment in securities constituting in Nifty 500 Value 50 Total Return Index.
- Minimum Application Amount - Rs. 5,000 and in multiples of Re. 1 thereafter.
- Plan/ Options available - The Scheme does not offer any Plans/Options for investment.
- Fund Managers - Ms. Ekta Gala & Mr. Akshay Udeshi
- Benchmark - Nifty 500 Value 50 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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