Mirae Asset Silver 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-endedfund of fund scheme predominantly investing in units of Mirae Asset Silver 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 Silver ETF
The fund manager for this scheme is Ms. Ekta Gala
“This product is suitable for investors who are seeking to generate long-term capital appreciation/ income.
Investments predominantly in units of Mirae Asset Silver ETF”
“The scheme asset allocation will be Units of Mirae Asset Silver ETF (95-100%)
Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds (0 -5%)”
The riskometer for this scheme is Moderately to High
Also Read: HDFC MSCI Emerging Markets Index Fund of Funds
| Name of Mutual Fund | Mirae Asset Mutual Fund |
| Scheme Name | Mirae Asset Silver ETF Fund of Fund |
| About Scheme | An open-endedfund of fund scheme predominantly investing in units of Mirae Asset Silver ETF |
| Offer of Unit | Rs.10 |
| Objective | to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Silver ETF |
| Name of Fund Manager | Ms. Ekta Gala |
| This product is suitable for investors who are seeking | to generate long-term capital appreciation/ income Investments predominantly in units of Mirae Asset Silver ETF |
| The scheme asset allocation will be | Units of Mirae Asset Silver ETF (95-100%) Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds (0 -5%) |
| Riskometer | Moderately to High |
| DRHP | Click here |
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