07-12-2023 02:08 PM | Source: Accord Fintech
Mirae Asset MF introduces Nifty Bank ETF
Mirae Asset Mutual Fund (MF) has launched Mirae Asset Nifty Bank ETF, an open-ended scheme replicating/tracking Nifty Bank Total Return Index. The NFO opens for subscription on July 12, 2023 and closes on July 18, 2023. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked against Nifty Bank TRI (Total Return Index) and its fund manager is Ekta Gala.
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Bank Total Return Index, subject to tracking error.
Latest News
Insurance Sector Update : Motor drags down overall g...
Sell Gold Below 72700 SL Above 72950 TGT 72400/72100...
Wipro shares nosedived over 9 pc after missed earnin...
Economic Survey links mental health disorders with '...
India's GDP growth for FY25 to surpass Economic Surv...
Evening Roundup : A Daily Report on Bullion Energy &...
FIIs stood as net buyers in equities as per July 22 ...
Union Budget: Experts urge government to remove 18 ...
Poonawalla Fincorp AUM up 52% YoY to Rs 26,972 crore...
Sensex ends lower ahead of Union Budget 2024-25