Mirae Asset Mutual Fund introduces Nifty India Internet ETF
Mirae Asset Mutual Fund has launched Mirae Asset Nifty India Internet ETF, an open-ended scheme replicating/tracking Nifty India Internet Total Return Index. The NFO opens for subscription on June 18, 2025 and closes on June 25, 2025. The Entry Load is not applicable and Exit Load is nil for the scheme. The minimum subscription amount is 5,000 per application and in multiples of Rs 1 thereafter.
The performance of the scheme will be benchmarked to the Nifty India Internet TRI (Total Return Index) and its fund managers are Ekta Gala and Akshay Udeshi.
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty India Internet Total Return Index, subject to tracking error.
