Mirae Asset Mutual Fund Announces Resumption of subscription in overseas schemes

Published on Sep 23, 2022 11:07

Mirae Asset Mutual Fund has decided to allow lumpsum transactions upto a limit of Rs. 2,00,000 per day, per investor, per scheme in the overseas fund of funds.

The AMC has now decided to allow transactions in the below mentioned schemes with effect from 23 September 2022 in the following manner:

Scheme Name:

Mirae Asset NYSE FANG+ ETF Fund of Fund, Mirae Asset S&P 500 Top 50 ETF Fund of Fund, Mirae Asset Hang Seng TECH ETF Fund of Fund, Mirae Asset NYSE FANG+ ETF, Mirae Asset S&P 500 Top 50 ETF & Mirae Asset Hang Seng TECH ETF.

Further, units of Exchange Traded Funds (ETFs) will continue to trade on the stock exchanges i.e. (NSE and BSE). Investors may trade (buy/sell) ETF units on the stock exchanges.