Mirae Asset Launches India's First Multicap ETF: Nifty500 50:25:25.
Banking & Finance
Mirae Asset Investment Managers India has announced the launch of India’s first Multicap ETF, the Mirae Asset Nifty500 Multicap 50:25:25 ETF. This innovative exchange-traded fund aims to provide investors with diversified exposure across large-cap, mid-cap, and small-cap stocks. The ETF follows a unique allocation strategy with 50% invested in large-cap stocks, 25% in mid-cap, and 25% in small-cap stocks. This strategic approach seeks to balance growth potential with risk management, offering a comprehensive solution for investors looking to capitalize on the broad spectrum of India’s equity market.
The ETF provides a cost-effective way for investors to gain diversified exposure to the entire market spectrum.
The unique 50:25:25 allocation strategy aims to optimize returns while managing market volatility.
Founder: Park Hyeon-Joo
Headquarters: Seoul, South Korea
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