MUTUAL FUNDS
Mirae Asset Mutual Fund files offer document for Nifty 500 Value 50 ETF
Oct-15-2025

Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open ended scheme named ‘Mirae Asset Nifty 500 Value 50 ETF'. The New Fund Offer price for units would be 1/1000th value of the Nifty 500 Value 50 Index as on the date of allotment during the New Fund Offer Period. Entry load and Exit load will be nil. The Scheme does not offer any Plans/Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance of the scheme will be benchmarked against Nifty 500 Value 50 TRI. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 500 Value 50 TRI.

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