Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund NFO ABOUT THE FUND:

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty200 Alpha 30 ETF. There is no assurance that the investment objective of the Scheme will be achieved.

(source: miraeassetmf.co.in)

Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund NFO Why invest in Fund ?

The Nifty200 Alpha 30 index consist of 30 stocks which are selected from its parent Nifty 200 index based on ‘Jensen’s Alpha’. The weight of stocks in the index is based on their alpha scores.

  • Alpha is categorized as a “persistence” factor i.e. which seeks to benefit from continued latest trends in the market.
  • While Nifty200 Alpha 30 Index has historically done well, it comes with higher drawdown and heightened volatility, Thus, it is advisable to evaluate the fund from long-term perspective.
(source: miraeassetmf.co.in)

Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund NFO Details:

Mutual Fund Mirae Asset Mutual Fund
Scheme Name Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund
Objective of Scheme The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty200 Alpha 30 ETF. There is no assurance that the investment objective of the scheme will be realized.
Scheme Type Open Ended
Scheme Category Other Scheme – FoF Domestic
New Fund Launch Date 08-Jul-2024
New Fund Earliest Closure Date
New Fund Offer Closure Date 22-Jul-2024
Indicate Load Seperately NIL
Minimum Subscription Amount 5000
For Further Details Please Visit Website https://www.miraeassetmf.co.in
(source :amfiindia)

Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund NFO:

Application Form

 

 

(source: miraeassetmf.co.in)

Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund NFO Risk-o-meter:

(source: miraeassetmf.co.in)