Mirae Asset Mutual Fund launches Mirae Asset ESG Sector Leaders ETF

Mutual Fund
Oct 29, 2020 by Advisorkhoj Team | Mutual Fund | 6 Downloaded

NFO period: 27th October – 10th November, 2020

Highlights of the NFO:

  • Scheme type – An open ended scheme replicating/tracking Nifty100 ESG Sector Leaders 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 Nifty100 ESG Sector Leaders Total Return Index, subject to tracking error. The scheme does not guarantee or assure any returns.

  • Product suitability – This product is suitable for investors who are seeking returns that are commensurate with the performance of NIFTY100 ESG Sector Leaders Total Return Index, subject to tracking error over long term by investing in equity securities covered by NIFTY100 ESG Sector Leaders Total Return Index.

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

  • Plan/ Options available – The scheme does not offer any Plans/Options for investment.

  • Fund Manager – Ms. Bharti Sawant

  • Benchmark – Nifty100 ESG Sector Leaders TRI (Total Return Index)

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

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