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Mirae Asset Mutual Fund has launched Mirae Asset Small Cap Fund, an open-ended equity scheme predominantly investing in small cap stocks. The NFO opens for subscription on January 10, 2025 and closes on January 24, 2025. The Entry Load is not applicable for the scheme. The Exit Load: I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil. b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): - If redeemed within 1 year (365 days) from the date of allotment: 1% of the applicable NAV & If redeemed after 1 year (365 days) from the date of allotment: NIL. II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out): -If redeemed within 1 year (365 days) from the date of allotment: 1% of exit load & If redeemed after 1 year (365 days) from the date of allotment: NIL. The minimum subscription amount is Rs 5,000/- and in multiples of Re.1/- thereafter.

The performance of the scheme will be benchmarked at Nifty Small Cap 250 Total Return Index and its fund managers are Varun Goel and Siddharth Srivastava.

The investment objective of the scheme is to generate capital appreciation by investing predominantly in small cap stocks. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction.