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

by News Team | Mutual Fund

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.)