Mirae Asset Global Clean Energy ETFs Fund of Fund – Mirae Asset Mutual Fund files offer document with SEBI
Mirae Asset Mutual Fund has filed offer document with SEBI to launch An open-ended fund of fund scheme investing in overseas equity Exchange Traded Funds which are based on companies that produce energy from renewable sources and companies that stand to benefit from the increased adoption of technologies that inhibit or reduce negative environmental impacts.
The New Fund Offer price is Rs.10 per unit.
The objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of overseas equity ETFs which are based companies that produce energy from renewable sources and companies that stand to benefit from the increased adoption of technologies that inhibit or reduce negative environmental impacts
The fund manager for this scheme is Mr. Siddharth Srivastava
“This product is suitable for investors who are seeking To generate long term capital appreciation / income.
Investments in overseas equity ETFs which invest in companies that produce energy from renewable sources and companies that stand to benefit from the increased adoption of technologies that inhibit or reduce negative environmental impacts.”
“The scheme asset allocation will be Units of overseas equityExchange Traded Funds$ (95-100%)
Money market instruments including Tri Party REPO/ debt securities, Units of debt/liquid schemes of domestic Mutual Funds (0-5%)”
The riskometer for this scheme is Very High
| Name of Mutual Fund | Mirae Asset Mutual Fund |
| Scheme Name | Mirae Asset Global Clean Energy ETFs Fund of Fund |
| About Scheme | An open-ended fund of fund scheme investing in overseas equity Exchange Traded Funds which are based on companies that produce energy from renewable sources and companies that stand to benefit from the increased adoption of technologies that inhibit or reduce negative environmental impacts |
| Offer of Unit | Rs.10 |
| Objective | to provide long-term capital appreciation from a portfolio investing in units of overseas equity ETFs which are based companies that produce energy from renewable sources and companies that stand to benefit from the increased adoption of technologies that inhibit or reduce negative environmental impacts |
| Name of Fund Manager | Mr. Siddharth Srivastava |
| This product is suitable for investors who are seeking | To generate long term capital appreciation / income. Investments in overseas equity ETFs which invest in companies that produce energy from renewable sources and companies that stand to benefit from the increased adoption of technologies that inhibit or reduce negative environmental impacts. |
| The scheme asset allocation will be | Units of overseas equityExchange Traded Funds$ (95-100%) Money market instruments including Tri Party REPO/ debt securities, Units of debt/liquid schemes of domestic Mutual Funds (0-5%) |
| Riskometer | Very High |
| DRHP | Click here |