Mirae Asset Nifty India Manufacturing ETF Fund of Fund

Mirae Asset Nifty India Manufacturing ETF 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 predominantly investing in Mirae Asset Nifty India Manufacturing ETF.

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 predominantly in units of Mirae Asset Nifty India Manufacturing ETF

Also Read: Upcoming Mutual Funds

This product is suitable for investors who are seeking To generate long-term capital appreciation/incom and Investments predominantly in units Mirae Asset Nifty India Manufacturing ETF

The scheme asset allocation will be Units of Mirae Asset Nifty India Manufacturing ET (95%-100%)
Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds (Upto 5%)

The riskometer for this scheme is Very High

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