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  • Mirae Asset Mutual Fund launches Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund

Jul 8, 2024

Mutual Fund

Mirae Asset Mutual Fund launches Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund

NFO period: 08th july ? 22nd July, 2024

Highlights of the NFO:

  • Scheme type ? An open-ended fund of fund scheme investing in units of Mirae Asset Nifty200 Alpha 30 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 Nifty200 Alpha 30 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 by investing predominantly in units of Mirae Asset Nifty200 Alpha 30 ETF. 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 ? Nifty200 Alpha 30 TRI (Total Return Index)
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(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)