Mirae Asset Mutual Fund launches Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund
Aug 16, 2022 by News Team
NFO period: 16th August - 30th August, 2022
Highlights of the NFO:
Scheme type - An open ended fund of fund scheme investing in overseas equity Exchange Traded Funds which are based on companies involved in development of Electric & Autonomous Vehicles and related technology, components and materials
Investment objective - The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of overseas equity ETFs which are based on companies involved in development of Electric & Autonomous Vehicles and related technology, components and materials. There is no assurance that the investment objective of the scheme will be realized.
Product suitability - This product is suitable for investors who are seeking to generate long-term capital appreciation/income by investing in units of equity ETFs which are based on companies involved in development of Electric & Autonomous Vahicles and related technology, components and materials.
Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
Plan/ Options available - Regular Plan and Direct Plan having Growth Option only.
Fund Manager - Mr. Siddharth Srivastava
Benchmark - Solactive Autonomous & Electric Vehicles Index (TRI) (INR)