MUTUAL FUNDS
Mirae Asset MF introduces Nifty India Manufacturing ETF
Jan-10-2022

Mirae Asset Mutual Fund (MF) has launched the Mirae Asset Nifty India Manufacturing ETF, an open-ended scheme replicating/tracking Nifty India Manufacturing Total Return Index. The NFO opens for subscription on January 10, 2022 and closes on January 20, 2022. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked to the performance of the Nifty India Manufacturing TRI index and its fund manager is Ekta Gala.

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty India Manufacturing Total Return Index, subject to tracking error.


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