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

by News Team | Mutual Fund

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.)