Mirae Asset Mutual Fund launches Mirae Asset Nifty 50 Index Fund
10 Oct,   2024 By: Eastern Fin Research Team #Mutual Fund

NFO period: 10th October - 18th October, 2024

Highlights of the NFO:

  • Scheme type - An open-ended scheme replicating / tracking Nifty 50 Total Return Index.

  • Investment objective - The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of Nifty 50 Total Return Index, subject to tracking error.

  • Product suitability - This product is suitable for investors who are seeking returns that are commensurate with the performance of Nifty 50 Total Return Index, subject to tracking error. Investment in equity securities Covered by Nifty 50 Total Return Index.

  • Minimum Application Amount - Rs. 1,000/- and in multiples of Re. 1/- thereafter.

  • Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).

  • Fund Managers - Ms. Ekta Gala and Mr. Vishal Singh

  • Benchmark - Nifty 50 Total Return Index.

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

Realted Blogs
info
Wealth Management Services
Sit back and relax, while we take care of all your financial needs.
Lets Start a Conversation
Have you checked our latest Monthly Digest?
Explore More
Did You Know?
Eastern Financiers, one of the first investment and financial consultant in Eastern India have grown to become one of the largest investment consultants in the country.
Learn More About Us