Mirae Asset Hang Seng ETF
Mirae Asset Hang Seng ETF – Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open-ended scheme replicating /tracking Hang Seng TECH Total Return Index.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Hang Seng TECH Total Return Index
The fund manager for this scheme is Siddharth Srivastava
This product is suitable for investors who are seeking returns that are commensurate with the performance of the Hang Seng TECH Total Return Index, subject to tracking error and forex movement and Investments in equity securities covered by Hang Seng Tech Total Return Index”
The scheme asset allocation will be
- Securities included in the Hang Seng TECH Index (95% – 100%)
- Money market instruments / debt securities, Instruments and/or units of schemes of domestic Mutual Funds. (Upto 5%)”
The riskometer for this scheme is Very High
Mirae Asset Hang Seng ETF Mutual Fund Details
| Name of Mutual Fund | Mirae Asset Mutual Fund |
| Scheme Name | Mirae Asset Hang Seng ETF |
| About Scheme | an open-endedscheme replicating/trackingHang Seng TECH Total Return Index |
| Offer of Unit | Rs.10 |
| Objective | to generate returns, before expenses, that are commensurate with the performance of the Hang Seng TECH Total Return Index |
| Name of Fund Manager | Siddharth Srivastava |
| This product is suitable for investors who are seeking | Returns that are commensurate with the performance of the Hang Seng TECH Total Return Index, subject to tracking error and forex movement. Investments in equity securities covered by Hang Seng Tech Total Return Index |
| The scheme asset allocation will be | Securities included in the Hang Seng TECH Index (95% – 100%) Money market instruments / debt securities, Instruments and/or units of schemes of domestic Mutual Funds. (Upto 5%) |
| Riskometer | Very High |
| DRHP | Click here |