Mirae Asset MF introduces Money Market Fund

5/08/2021 11:58:23 AM | Source: Accord Fintech

Mirae Asset MF introduces Money Market Fund

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Mirae Asset (MF) has launched the Mirae Asset Money Market Fund, an open-ended debt scheme investing in money market instruments. The NFO opens for subscription on August 04, 2021, and closes on August 10, 2021. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked to the performance of the NIFTY Money Market Index and its fund manager is Mahendra Kumar Jajoo.

The investment objective of the scheme is to generate reasonable returns with low risk and provide liquidity by investing in money market instruments.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

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Mirae Asset MF introduces Money Market Fund

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