View Performance of the funds managed by the Fund Manager
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Bank Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved.
An open-ended scheme replicating/tracking Nifty Bank Total Return Index
Ms. Ekta Gala
Nifty Bank Index (TRI)
NIL
0.09%
Investors can invest under the Scheme with a minimum investment of Rs. 5000/- and in multiples of Re. 1/- thereafter.
Mirae Asset Capital Markets (India) Private Limited
East India Securities Limited
Kanjalochana Finserve Private Limited
Parwati Capital Market Private Limited
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Recommended Investment Horizon
3+ Years
Nifty Bank Index (TRI)
Wealth Creation
How to trade in ETF
*Data as on 31st May, 2022.
Name | Allocation | |
EXCHANGE TRADED FUNDS | ||
1 | Mirae Asset Mutual Fund | 100.20% |
*Data as on 31st October, 2022.
Mirae Asset ETF is a part of Mirae Asset Mutual Fund and is used for Exchange Traded Funds managed by Mirae Asset Investment Managers (India) Private Limited.
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If Inflation rate is selected then
futureValue = Future value considering the inflation rate
else
Calculate on current value.
SIPAmount = parseInt(-((Rate of interest / 12) * (-futureValue + (interest amount on loan * 0))) / ((-1 + interest amount on loan) * (1 + (rate of interest / 12))));
Annual Return = (Last NAV of the year - Last NAV of the previous year) / Last NAV of the previous year
For more details, please visit the AMFI website
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