MUTUAL FUNDS
Mirae Asset MF introduces NYSE FANG+ETF Fund of Fund
Apr-19-2021

Mirae Asset Mutual Fund (MF) has launched the Mirae Asset NYSE FANG+ETF Fund of Fund, an open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ETF. The NFO opens for subscription on April 19, 2021 and closes on May 03, 2021. The Entry load is not applicable for the scheme. The Exit Load will be 0.50%, if redeemed within 3 months from the date of allotment and nil, if redeemed after 3 months from the date of allotment. The minimum subscription amount is Rs Rs 5,000 & in multiples of Re 1 thereafter.

The performance of the Scheme will be benchmarked with NYSE FANG+ Total Return Index (TRI) (INR) and its fund manager is Ekta Gala.

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.

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