NFO Alert: Mirae Asset Mutual Fund Launched Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund: details inside!

Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund is an Open-Ended mutual fund scheme launched by Mirae Asset Mutual Fund on July 8th, 2024. The scheme aims to provide long-term capital appreciation by investing in units of Mirae Asset Nifty200 Alpha 30 ETF.

The New Fund Offer closes on July 22nd, 2024 and requires a minimum subscription amount of Rs 5000.

Investment Objective

The investment objective of the Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty200 Alpha 30 ETF. There is no assurance that the investment objective of the scheme will be realized.

This NFO of Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund is suitable for investors who are seeking long-term capital appreciation and investments in Mirae Asset Nifty200 Alpha 30 ETF

Risk-o-meter:

Funds Allocation

Benchmark

The performance of the Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund will be benchmarked to the performance of the Nifty200 Alpha 30 TRI (Total Return Index).

Fund Managers

Ms. Ekta Gala, 31 years old, holds a B. Com degree and is an Inter CA (IPCC) by qualification. She has accumulated over 6 years of experience as a dealer in the financial industry. Before taking on her current role, Ms. Gala was associated with ICICI Prudential Asset Management Company Ltd.

Mr. Vishal Singh, 29 years old, CA, FRM and CFA has over 5 years of experience in the field of financial services. He has been associated with the AMC since June 2020. Prior to this assignment, Mr. Singh was associated with NSE Indices Limited where he was involved in development of index product and valuation of Indian fixed income securities. Mr. Singh also has an experience covering the global fixed income securities as an analyst for Aranca (India) Private Limited.

Peer Schemes

Data As of July 08, 2024

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.