The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of Nifty Total Market Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.
Mirae Asset Nifty Total Market Index Fund will be managed passively with investments in stocks comprising of Nifty Total Market Total Return Index subject to tracking error. Since the Scheme is index fund, it will only invest in securities constituting the Underlying Index. However, due to corporate action in companies comprising the index, the Scheme may be allocated/allotted securities which are not part of the index. Such holdings would be rebalanced within 7 Days from the date of allotment / listing of such securities. Subject to the Regulations and the applicable guidelines a part of the funds may be invested in debt and money market instruments, Stock Lending to meet the liquidity requirements. The Scheme may invest in the schemes of Mutual Funds. The investment strategy shall be in line with the asset allocation mentioned under the relevant section in SID. Though every endeavor will be made to achieve the objective of the Scheme, the AMC/Sponsors/Trustee does not guarantee that the investment objective of the Scheme will be achieved. No guaranteed returns are being offered under the Scheme.
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