Mirae Asset Global Clean Energy ETFs Fund of Fund

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 FundMirae Asset Mutual Fund
Scheme NameMirae Asset Global Clean Energy ETFs Fund of Fund
About SchemeAn 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 ManagerMr. 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 beUnits 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%)
RiskometerVery High
DRHPClick here

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