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

Mirae Asset Mutual Fund (MF) has launched the Mirae Asset NYSE FANG+ETF, an open-ended scheme replicating/tracking NYSE FANG+ Total Return Index. The NFO opens for subscription on April 19, 2021 and closes on April 30, 2021. The Entry load and the Exit Load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 & in multiples of Re 1 thereafter.

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

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the NYSE FANG+ Total Return Index, subject to tracking error and forex movement.


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