MUTUAL FUNDS
Mirae Asset MF introduces Nifty 8-13 yr G-Sec ETF
Mar-29-2023

Mirae Asset Mutual Fund (MF) has launched Mirae Asset Nifty 8-13 yr G-Sec ETF, an Open-Ended Index Exchange Traded Fund tracking Nifty 8-13 yr G-Sec Index with Relatively High interest rate risk and Relatively Low Credit Risk. The NFO opens and closes for subscription on March 29, 2023. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against Nifty 8-13 yr G-Sec Index and its fund manager is Amit Modani

The investment objective of the Scheme is to provide returns before expenses that correspond to the returns of Nifty 8-13 yr G-Sec Index, subject to tracking errors.

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