Mirae Asset Mutual Fund launches Mirae Asset NYSE FANG+ ETF

Mutual Fund
Apr 19, 2021 by Advisorkhoj Team | Mutual Fund | 7 Downloaded

NFO period: 19th April – 30th April, 2021

Highlights of the NFO:

  • Scheme type – An open ended scheme replicating/tracking NYSE FANG+ 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 NYSE FANG+ Total Return Index, subject to tracking error and forex movement. 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 NYSE FANG+ total return index, subject to tracking error and foreign exchange movement by investing in equity securities covered by NYSE FANG+ 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 – Mr. Siddharth Srivastava

  • Benchmark – NYSE FANG+ TRI (Total Return Index) (INR)

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

Locate Mirae Asset Mutual Fund Advisors in your city
comments powered by Disqus