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1) The scheme would invest in underlying securities forming part of BSE Information Technology Index, with the same proportion as in BSE Information Technology Index.
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 generate returns, before expenses, that are commensurate with the performance of BSE Information Technology Total Return Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.
Mirae Asset BSE Information Technology Index Fund
An open-ended scheme replicating/tracking BSE Information Technology Total Return Index
Mr. Vishal Singh & Mr. Sudip Shere
BSE Information Technology Total Return Index
Rs. 5000/- and in multiples of Re. 1/- thereafter.
Equity Oriented Scheme Taxation
5+year
Equity Index Fund
Replicate/track BSE Information Technology Index subject to tracking error
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.
*Data as on 31st May, 2022.
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