MUTUAL FUNDS
Mirae Asset MF introduces ESG Sector Leaders Fund of Fund
Oct-27-2020

Mirae Asset Mutual Fund (MF) has launched the Mirae Asset ESG Sector Leaders Fund of Fund, an open-ended fund of fund scheme predominantly investing in Mirae Asset ESG Sector Leaders ETF. The NFO opens for subscription on October 27, 2020 and closes on November 10, 2020. No Entry load and Exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against the performance of the NIFTY 100 ESG Sector Leaders Index (TRI index) and its fund manager is Bharti Sawant.

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset ESG Sector Leaders ETF.


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