Mirae Asset Mutual Fund launches Mirae Asset BSE Select IPO ETF

NFO
Feb 24, 2025 by Advisorkhoj Team | NFO | 3 Downloaded

NFO period: 24th February – 05th March, 2025

Highlights of the NFO:

  • Scheme type – An open-ended scheme replicating/tracking BSE Select IPO Total Return Index

  • Investment objective – The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the BSE Select IPO Total Return Index, subject to tracking error. The scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved.

  • Product suitability – This product is suitable for investors who are seeking returns that are commensurate with the performance of BSE Select IPO Total Return Index, subject to tracking error by investing in securities constituting in BSE Select IPO Total Return Index.

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

  • Plan/ Options available – The scheme does not offer any Plans/Options for investment since it is an ETF scheme.

  • Fund Manager – Ms. Ekta Gala and Mr. Akshay Udeshi

  • Benchmark – BSE Select IPO TRI (Total Return Index)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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