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Partner With Us NRI

Category

Others

Scheme Type

OPEN

Exit Load (%)

Min Inv

5,000.00

Incremental Inv

0.00

Open Date

Jan 10, 2022

Close Date

Jan 20, 2022

Nav Calculation

DAILY

Sub-category

Exchange Traded Funds (ETFs)

Risk Level

Very High

Fund Manager

Ekta Gala

Repurchase/Redemption

Fund Objective

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty India Manufacturing Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.

Notes

The Mirae Asset Nifty India Manufacturing ETF will be managed passively with investments in stocks in a proportion that match as close as possible to the weights of these stocks in Nifty India Manufacturing Index. The investment strategy of the Scheme will be to invest in a basket of securities forming part of Nifty India Manufacturing Index in similar weight proportion.