Mirae Asset MF introduces Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund
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Mirae Asset Mutual Fund (MF) has launched Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund, an open-ended target maturity Index Fund investing in the constituents of Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index. A scheme with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on October 10, 2022 and closes on October 18, 2022. 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 would be benchmarked against Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index and its fund manager is Mahendra Kumar Jajoo.
The investment objective of the scheme is to track Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index by investing in AAA rated Public Sector Undertaking (PSU) Bonds and State Development Loans (SDL), maturing on or before April 30, 2026, subject to tracking errors.
