Mirae Asset Mutual Fund launches Mirae Asset NYSE FANG + ETF Fund of Fund

Mutual Fund
Apr 19, 2021 by Advisorkhoj Team | Mutual Fund | 9 Downloaded

NFO period: 19th April – 03rd May, 2021

Highlights of the NFO:

  • Scheme type – An open ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF

  • Investment objective – The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset NYSE FANG+ ETF. 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 Mirae Asset NYSE FANG+ ETF.

  • 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 under both the plans.

  • Fund Manager – Ms. Ekta Gala

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

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

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