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  • Mirae Asset Mutual Fund launches Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund

May 10, 2024

Mutual Fund

Mirae Asset Mutual Fund launches Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund

NFO period: 10th May ? 24th May, 2024

Highlights of the NFO:

  • Scheme type ? An open-ended fund of fund scheme investing in units of Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 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 Nifty MidSmallcap400 Momentum Quality 100 ETF. There is no assurance that the investment objective of the scheme will be realized.

  • Product suitability ? This product is suitable for investors who are seeking by investing predominantly in units of Mirae Asset Nifty Midsmallcap400 momentum quality 100ETF. To generate long-term capital appreciation/income.

  • Minimum Application Amount ? First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available ? Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option. The IDCW Option shall have only Reinvestment of IDCW and Payout of IDCW Option.

  • Fund Manager ? Ms. Ekta Gala and Mr. Vishal Singh

  • Benchmark ? Nifty MidSmallcap400 Momentum Quality 100 TRI (Total Return Index)
Download - KIM
Download - SID

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