MUTUAL FUNDS
Mirae Asset Mutual Fund files offer document for Nifty NBFC ETF
Aug-21-2026

Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Mirae Asset Nifty NBFC ETF’. The New Fund Offer price will be 1/10000th value of the Nifty NBFC Index during the NFO. Entry load and Exit load will be nil. The Scheme does not offer any Plans/Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty NBFC TRI (Total Return Index). The minimum application will be Rs 5000 and in multiples of Rs 1 thereafter.

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty NBFC Total Return Index.

  RELATED NEWS >>