Mirae Asset Mutual Fund launches Mirae Asset Multicap Fund

NFO period: 28^th July – 11^th August, 2023

Highlights of the NFO:

• Scheme type – An open ended equity scheme investing across large cap, mid cap and small 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 large cap, mid cap and small cap companies. However, 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 large cap/ mid cap/ small cap companies.


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


• Plan/ Options available – Regular Plan & Direct Plan having Growth option and Income Distribution cum Capital Withdrawal (IDCW) option with Payout of Income Distribution cum Capital Withdrawal sub-option and Reinvestment of Income Distribution cum Capital Withdrawal sub-option.


• Fund Manager – Mr. Ankit Jain


• Benchmark – NIFTY 500 Multicap 50:25:25 TRI