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  • Mirae Asset Mutual Fund launches Mirae Asset Nifty50 Equal Weight ETF

Apr 30, 2025

Mutual Fund

Mirae Asset Mutual Fund launches Mirae Asset Nifty50 Equal Weight ETF

NFO period: 30th April - 06th May, 2025

Highlights of the NFO:

  • Scheme type - An open-ended scheme replicating/tracking Nifty50 Equal Weight 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 Nifty50 Equal Weight Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. 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 return that are commensurate with the performance of Nifty50 Equal Weight Total Return Index, subject to tracking error. Investment in Securities constituting in Nifty50 Equal Weight Total Return Index

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

  • Plan/ Options available - The Scheme does not offer any Plans/Options.

  • Fund Managers - Ms. Ekta Gala & Mr. Akshay Udeshi

  • Benchmark - Nifty50 Equal Weight TRI
Download - KIM
Download - SID

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