01-01-1970 12:00 AM | Source: Accord Fintech
Mirae Asset AMC announces addition in market maker
News By Tags | #810 #392

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Mirae Asset AMC has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all Scheme(s) of Mirae Asset Mutual Fund (MAMF) as amended from time to time. 

 

Mirae Asset Investment Managers (India) has informed that to increase the liquidity in the secondary market for the Exchange Traded Funds (ETFs) of Mirae Asset Mutual Fund on an ongoing basis, Mirae Asset Trustee Company (Trustees to Mirae Asset Mutual Fund) has approved addition of Parwati Capital Market as Market Maker for all existing ETFs as well ETFs which shall be launched by Mirae Asset Mutual Fund. The following changes shall be carried out in the SID / KIM of the ETFs of Mirae Asset Mutual Fund and shall be effective from June 19, 2023. Under the heading ‘Liquidity Facility’ under the section ‘Highlight/ Summary of the Schemes, the Market Maker ‘Parwati Capital Market’ will be added.

 

This notice cum addendum forms an integral part of SID and KIM of the aforesaid Scheme(s) of MAMF, as amended from time to time. All the other terms and conditions of SID and KIM of the aforesaid Scheme(s) will remain unchanged.