Investment Objective
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty India New Age Consumption ETF. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.
| Fund Overview | |
| Exit Load | 0.05% If Redeemed Or Switched Out Within 15 Days |
| Min. SIP Amount | ₹ 99 |
| Min. LumpSum Amount | ₹ 5000 |
| Launch Date | 12th Dec 2024 |
| End Date | 26th Dec 2024 |
| Allotment Date | 2nd Jan 2025 |
| NAV | ₹10.00 |
| Stamp Duty | 0.005% |
| Lock in | Nil |
| Scheme Benchmark | Nifty India New Age Consumption TRI |
| Risk | Very High |
| Scheme Category | Other / FoFs Domestic |
| Fund Manager | Ekta Gala |
| AMC Name | Mirae Asset Mutual Fund |
| RTA | KFin Technologies Limited |
| Total AUM | ₹ 185,644.51cr |
| Total Schemes | 40 |
How to apply for this NFO?
To apply for this New Fund Offer (NFO), download the Dhan App today!
About Mirae Asset Mutual Fund.
Mirae Asset Global Investments is a diverse asset manager founded in Asia, now spanning five continents. Launched in India in 2007 (available to foreign investors since 2004), its AUM reached $235 billion as of December 31, 2023. With over 300 investment professionals globally, Mirae Asset offers active, passive, and alternative investments with a client-first approach, fostering long-term relationships.
It is among India’s fastest-growing mutual funds. Top funds include Mirae Asset Overnight Fund, Great Consumer Fund, Emerging Bluechip Fund, ELSS Tax Saver Fund, and Equity Savings Fund. Mirae Asset continues to expand and support investors globally.
You can explore more Mutual Funds offered by Mirae Asset Mutual Fund here
Happy Investing,
Saurav Parui.