Mirae Asset Mutual Fund files offer document for Nifty MidSmallcap400 Momentum Quality 100 ETF
![](https://portfolio.investmentguruindia.com/uploads/news/mutual fund 2.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named 'Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF'. The offer rate will be at 1/1000th value of the Nifty Mid Small cap 400 Momentum Quality 100 Index. Entry load and Exit load will be nil. The Scheme does not offer any Plans/Options for investment and minimum target subscription amount for the Scheme to be raised is Rs 5 crore.
The performance of the scheme will be benchmarked by Nifty Mid Small cap 400 Momentum Quality 100TRI (Total Return Index). The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter.
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty MidSmallcap 400 Momentum Quality 100 Total Return Index.
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
Top News
![](https://portfolio.investmentguruindia.com/uploads/news/energy 6.jpg)
India to spend up to $385 billion to meet renewable energy target, Moody's Ratings estimates
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/mutual fund 26.jpg)
SBI Mutual Fund files offer document for Nifty 500 Index Fund
![Quote on Pre-budget expectations by Shlok Srivastav, Co-founder & COO, Appreciate, a SEBI and IFSCA registered fintech company](https://portfolio.investmentguruindia.com/uploads/news/Shlok Srivastav, Cofounder COO, Appreciate.jpg)
![Bandhan Mutual Fund files offer document for Business Cycle Fund](https://portfolio.investmentguruindia.com/uploads/news/Mutual Fund_432.jpg)
![SEBI`s regulations for SM REITs likely to drive investor interest towards fractional ownership of real estate assets: Crisil](https://portfolio.investmentguruindia.com/uploads/news/Sebi.jpg)