Mirae Asset Mutual Fund launches Mirae Asset Nifty 8-13 yr G Sec ETF

NFO period: 29^th March – 29^th March, 2023

Highlights of the NFO:

• Scheme type – An Open-Ended Index Exchange Traded Fund tracking Nifty 8-13 yr G-Sec Index. Relatively High interest rate risk and Relatively Low Credit Risk


• Investment objective – The investment objective of the scheme is to provide returns before expenses that correspond to the returns of Nifty 8-13 yr G-Sec Index, 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 long term by investing in securities in line with Nifty 8-13 yr G-Sec Index to generate comparable returns subject to tracking errors.


• 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.


• Fund Manager – Mr. Amit Modani


• Benchmark – Nifty 8-13 yr G-Sec Index