Mirae Asset Mutual Fund launched Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF, marking the country's first multi-factor-based ETF (exchange traded fund) on the Nifty Smallcap 250 Index.

Banking & Finance

Mirae Asset Mutual Fund launched Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF, marking the country's first multi-factor-based ETF (exchange traded fund) on the Nifty Smallcap 250 Index. The open-ended new fund offer (NFO) will be available for subscription till February 21, 2024. Additionally, the ‘Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund’ will open for subscription on February 15, 2024 and close on February 28, 2024. Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF aims to generate returns commensurate with the performance of the Nifty Smallcap 250 Momentum Quality 100 Total Return Index, subject to tracking error.


      The minimum initial investment during NFO in the scheme will be ₹5,000 and multiples of ₹1 thereafter.

     

     

 

     


Mirae Asset Investment Managers (India) Pvt Ltd

Vice Chairman and CEO- Swarup Anand Mohanty
HQ- Mumbai
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