Mirae Asset Mutual Fund launches Mirae Asset S&P 500 Top 50 ETF Fund of Fund

NFO period: 01^st September – 15^th September, 2021

Highlights of the NFO:

• Scheme type – An open ended fund of fund scheme predominantly investing in units of Mirae Asset S&P 500 Top 50 ETF


• Investment objective – The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset S&P 500 Top 50 ETF. 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 units of Mirae Asset S&P 500 Top 50 ETF.


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


• Plan/ Options available – Regular Plan and Direct Plan and offers Growth option under both the Plans.


• Fund Manager – Ms. Ekta Gala


• Benchmark – S&P 500 TOP 50 TRI (Total Return Index) (INR)