Mirae Asset Mutual Fund launches Mirae Asset CRISIL IBX Gilt Index: April 2033 Index Fund

NFO period: 10^th Octobr – 18^th October, 2022

Highlights of the NFO:

• Scheme type – An open-ended target maturity Index Fund investing in the constituents of CRISIL IBX Gilt Index – April 2033. A scheme with relatively high interest rate risk and relatively low credit risk


• Investment objective – The investment objective of the scheme is to track the CRISIL IBX Gilt Index – April 2033 by investing in dated Government Securities (G-Sec), maturing on or before April 29, 2033, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.


• Product suitability – This product is suitable for investors who are seeking income over the target maturity period open ended Target Maturity Index Fund that seeks to track CRISIL IBX Gilt - April 2033.


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


• Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility).


• Fund Manager – Mr. Mahendra Kumar Jajoo


• Benchmark – CRISIL IBX Gilt Index – April 2033