MIRAE ASSET
NIFTY SMALLCAP 250 MOMENTUM QUALITY 100 ETF FUND OF FUND$
(Fund of Fund - An open-ended fund of fund scheme investing in units of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF.)
| Type of Scheme | Fund of Fund - An open-ended fund of fund scheme investing in units of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF. |
| Investment Objective | The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF. There is no assurance that the investment objective of the Scheme will be realized. |
Fund Manager** |
Ms. Ekta Gala & Mr. Vishal Singh (since March 01, 2024) |
| Allotment Date | 01st March 2024 |
| Benchmark Index | Nifty Smallcap 250 Momentum Quality 100 TRI |
| Minimum Investment Amount |
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: ₹500/- (multiples of ₹1/- thereafter), minimum 5 in case of Monthly / Quarterly option. |
| Load Structure | Entry load: NA Exit load: If redeemed within 3 months from the date of allotment: 0.50% If redeemed after 3 months from the date of allotment: NIL. |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option |
| Monthly Average AUM (₹ Cr.) as on June 30, 2024 | 128.131 |
| Net AUM (₹ Cr.) | 140.58 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on June 30, 2024 |
Regular Plan: 0.70% Direct Plan: 0.10% Investors may note that they will bear recurring expenses of the underlying scheme in addition to the expenses of this scheme |
| Investors may note that they have to bear recurring expense if the underlying scheme in addition to the expenses of this scheme. The TER of underlying scheme i.e Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF is 0.38% | |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 11.296 | ₹ 11.272 |
| IDCW | ₹ 11.296 | ₹ 11.274 |
This product is suitable for investors who are seeking*
• Investments predominantly in units of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF
• To generate long-term capital appreciation/income
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
| Portfolio Holdings | % Allocation |
| Exchange Traded Funds | |
| Mirae Nifty Smallcap 250 Mom Qlty 100 ETF-Rg PL Gr | 99.27% |
| Exchange Traded Funds Total | 99.27% |
| Cash & Other Receivables Total | 0.73% |
| Total | 100.00% |
Note :
$Pursuant to clause 13.2.2 of SEBI master circular dated June 27, 2024, the scheme is in existence for less than 6 months
$Pursuant to clause 13.2.2 of SEBI master circular dated June 27, 2024, the scheme is in existence for less than 6 months