Mirae Asset Mutual Fund launches Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund

NFO period: 16^th August – 30^th August, 2022

Highlights of the NFO:

• Scheme type – An open ended fund of fund scheme investing in overseas equity Exchange Traded Funds which are based on companies involved in development of Electric & Autonomous Vehicles and related technology, components and materials


• Investment objective – The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of overseas equity ETFs which are based on companies involved in development of Electric & Autonomous Vehicles and related technology, components and materials. 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 in units of equity ETFs which are based on companies involved in development of Electric & Autonomous Vahicles and related technology, components and materials.


• 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 only.


• Fund Manager – Mr. Siddharth Srivastava


• Benchmark – Solactive Autonomous & Electric Vehicles Index (TRI) (INR)