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Login Open ICICI 3-in-1 Account

Category

Others

Scheme Type

OPEN

Exit Load (%)

Min Inv

5,000.00

Incremental Inv

0.00

Open Date

Dec 02, 2025

Close Date

Dec 10, 2025

Nav Calculation

DAILY

Sub-category

Exchange Traded Funds (ETFs)

Risk Level

Very High

Fund Manager

Ritesh Patel

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 Top 20 Equal Weight Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved.

Notes

The Mirae Asset Nifty Top 20 Equal Weight ETF will be managed passively with investments in stocks in the same proportion as in the Nifty Top 20 Equal Weight Index. The investment strategy of the Scheme will be to invest in a basket of securities forming part of Nifty Top 20 Equal Weight Index in similar weight proportion. The investment strategy would revolve around reducing the tracking error to the least possible through regular rebalancing of the portfolio, considering the change in weights of stocks in the Index as well as the incremental collections/redemptions in the Scheme. A part of the funds may be invested in debt and money market instruments, to meet the liquidity requirements.