Mirae Asset Mutual Fund files offers document for Nifty SDL June 2028 Index Fund
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Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open-ended target maturity Index fund named ‘Mirae Asset Nifty SDL Jun 2028 Index Fund’. The New Fund Offer price is Rs 10. Entry load and Exit load will be nil. The Scheme offers growth and dividend option for investment, and seeks to collect a Minimum Target Amount of Rs 20 crore.
The performance of the scheme is benchmarked by Nifty SDL Jun 2028 Index. The minimum application amount is Rs 1,000 and Re 1 thereafter.
The investment objective of the scheme is to track the Nifty SDL Jun 2028Index by investing in State Development Loans (SDL), maturing on or before June 30, 2028, subject to tracking errors.
