MUTUAL FUNDS
Mirae Asset Mutual Fund files offers document for CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
May-20-2025
Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open-ended constant maturity index fund fund named ‘Mirae Asset CRISIL-IBX Financial Services 3-6 Months Debt Index Fund'. The New Fund Offer price will be Rs 10 each. Entry load and Exit load will be nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment.

The performance of the scheme will be benchmarked against CRISIL-IBX Financial Services 3-6 Months Debt Index. The minimum application amount is Rs 5000 and in multiples of Re. 1 thereafter.

The investment objective of the scheme is to to track the CRISIL-IBX Financial Services 3-6 Months Debt   Index by investing in Commercial Papers (CPs), Certificates of Deposit (CDs) and Corporate Bond Securities, maturing in 3-6months and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to tracking error.

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