Mirae Asset Mutual Fund launches Mirae Asset Multi Asset Allocation Fund

NFO period: 10^th January – 24^th January, 2024

Highlights of the NFO:

• Scheme type – An open-ended equity scheme investing in equity, debt & money market instruments, Gold ETFs, Silver ETFs and exchange traded commodity derivatives


• Investment objective – The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in equity and equity related securities, Debt and money market instruments, Gold ETFs, Silver ETFs and Exchange Traded Commodity Derivatives. However, 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 equity, debt & money market instruments, Gold ETFs, Silver ETFs and Exchange Traded commodity derivatives.


• 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 – Mr. Harshad Borawake(Equity portion), Mr. Amit Modani(Debt portion), Mr. Siddharth Srivastava(Dedicated Fund Manager for Overseas Investments), Mr. Ritesh Patel(Dedicated Fund Manager for Commodity Investments)


• Benchmark – 65% S&P BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver