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Mirae Asset Mutual Fund (MF) has launched Mirae Asset S&P BSE Sensex ETF, an open-ended scheme replicating/tracking S&P BSE Sensex Total Return Index. The NFO opens for subscription on September 22, 2023 and closes on September 26, 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 S&P BSE Sensex TRI (Total Return Index) and its fund managers are Ekta Gala and Vishal Singh. 

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the S&P BSE Sensex Total Return Index, subject to tracking error.