MUTUAL FUNDS
Mirae Asset MF introduces Nifty Midsmallcap400 Momentum Quality 100 ETF
May-06-2024

Mirae Asset Mutual Fund (MF) has launched Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF, an open-ended scheme replicating/tracking Nifty MidSmallcap400 Momentum Quality 100 Total Return Index. The NFO opens for subscription on May 06, 2024 and closes on May 17, 2024. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against Nifty MidSmallcap400 Momentum Quality 100 TRI (Total Return Index) and its fund managers are Ekta Gala and Vishal Singh

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty MidSmallcap400 Momentum Quality 100 Total Return Index, subject to tracking error.



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