Mirae Asset Mutual Fund launches Mirae Asset Midcap Fund

NFO period: 08^th July – 22^nd July, 2019

Highlights of the NFO:

• Scheme type – An open ended equity scheme predominantly investing in mid cap stocks


• Investment objective – The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of midcap companies. From time to time, the fund manager may also participate in other Indian equities and equity related securities for optimal portfolio construction. There is no assurance that the investment objective of the scheme will be realized.


• Product suitability – This product is suitable for investors who are seeking to generate long term capital appreciation/ income by investing predominantly in equity and equity-related securities of midcap companies.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option (Payout & Reinvestment Facility).


• Fund Manager – Mr. Ankit Jain


• Benchmark – NIFTY Midcap 100 Index (TRI)