Navi Metaverse ETF Fund of Fund – Navi Mutual Fund files offer document with SEBI
Navi Mutual Fund has filed offer document with SEBI to launch An open-ended fund of fund scheme investing in units of overseas ETF’s which provide exposure to companies that are positioned to benefit from the advancement of Metaverse..
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETF’s and/or Index Fund that invest in the companies engaged in developing and companies that stands to benefit from the advancement of metaverse.
The fund manager for this scheme is Mr.Aditya Mulki
“This product is suitable for investors who are seeking Capital appreciation over the long term.
Investments in units of equity ETFs which are based on companies that are positioned to benefit from the advancement of Metaverse “
“The scheme asset allocation will be Units of overseas ETFs that invests in companies engaged in Metaverse (95-100%)
Debt schemes, Debt & Money MarketInstruments, including Tri Party Repo^, G-Secs, Cash and Cash at call, etc. (0-5%)”
The riskometer for this scheme is Very High
| Name of Mutual Fund | Navi Mutual Fund |
| Scheme Name | Navi Metaverse ETF Fund of Fund |
| About Scheme | An open-ended fund of fund scheme investing in units of overseas ETF’s which provide exposure to companies that are positioned to benefit from the advancement of Metaverse. |
| Offer of Unit | Rs.10 |
| Objective | to provide long-term capital appreciation by investing in units of overseas ETF’s and/or Index Fund that invest in the companies engaged in developing and companies that stands to benefit from the advancement of metaverse. |
| Name of Fund Manager | Mr.Aditya Mulki |
| This product is suitable for investors who are seeking | Capital appreciation over the long term. Investments in units of equity ETFs which are based on companies that are positioned to benefit from the advancement of Metaverse |
| The scheme asset allocation will be | Units of overseas ETFs that invests in companies engaged in Metaverse (95-100%) Debt schemes, Debt & Money MarketInstruments, including Tri Party Repo^, G-Secs, Cash and Cash at call, etc. (0-5%) |
| Riskometer | Very High |
| DRHP | Click here |