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1) The Scheme will invest in the units of Mirae Asset BSE Midcap 150 Momentum 30 ETF managed by Mirae Asset Mutual Fund
2) Scheme may also invest in debt and money market instruments (including Tri Party REPO), in compliance with Regulations. Money Market Instruments will include commercial papers, commercial bills, treasury bills, Government securities having an unexpired maturity up to one year, call or notice money, certificate of deposit, usance bills, and any other like instruments as specified by the Reserve Bank of India from time to time.
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset BSE Midcap 150 Momentum 30 ETF. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved.
Mirae Asset BSE Midcap 150 Momentum 30 ETF FOF
An open-ended fund of fund scheme investing in units of Mirae Asset BSE Midcap 150 Momentum 30 ETF
Mr Ritesh Patel & Mr. Akshay Udeshi
BSE Midcap 150 Momentum 30 TRI (Total Return Index)
Rs. 5000/- and in multiples of Re. 1/- thereafter.
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Wealth Creation
Smart Beta
The above Product Labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.
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