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Mirae Asset Mutual Fund launches Mirae Asset Hang Seng TECH ETF Fund of Fund

Nov 17, 2021 by News Team

NFO period: 17th November – 01st December, 2021

Highlights of the NFO:

  • Scheme type – An open ended fund of fund scheme predominantly investing in units of Mirae Asset Hang Seng TECH ETF

  • Investment objective – The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Hang Seng TECH ETF. 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 predominantly in units of Mirae Asset Hong Seng TECH ETF.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Direct Plan and Regular Plan having Growth option only.

  • Fund Manager – Ms. Ekta Gala

  • Benchmark – Hang Seng TECH TRI (Total Return Index) (INR)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)