Mirae Asset Mutual Fund launches Mirae Asset Equity Allocator Fund of Fund

Mutual Fund
Sep 8, 2020 by Advisorkhoj Team | Mutual Fund | 9 Downloaded

NFO period: 08th September – 15th September, 2020

Highlights of the NFO:

  • Scheme type – An open ended fund of fund scheme predominantly investing in units of domestic equity ETFs

  • Investment objective – The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. 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 to generate long term capital appreciation/ income by investing predominantly in units of equity Exchange Traded Funds.

  • 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 Dividend Option (with Dividend Reinvestment and Payout Facility).

  • Fund Manager – Ms. Bharti Sawant

  • Benchmark – NIFTY 200 Index (TRI)

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

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