Investment objective:
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Total Market Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved.
Why invest in Mirae Asset Nifty Total Market Index Fund?
- Avenue for exposure to Indian market: Nifty Total Market Index provides exposure to all market cap segments listed on NSE and provides investor exposure to the entire Indian market through its portfolio of 750 stocks.
- Wide-coverage: Nifty Total Market Index provides coverage of approximately 96% of full market cap of companies listed on NSE.
- Diversification: The Index covers all 22 sectors classified by NSE. Moreover, the index also covers all 100 Large cap, 150 Mid cap and 250 Small cap stocks along with 250 Micro Cap stocks.
(source: miraeassetmf.co.in)
Mirae Asset Nifty Total Market Index Fund Details:
Mutual Fund | Mirae Asset Mutual Fund |
Scheme Name | Mirae Asset Nifty Total Market Index Fund |
Objective of Scheme | The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of Nifty Total Market Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved. |
Scheme Type | Open Ended |
Scheme Category | Other Scheme – Index Funds |
New Fund Launch Date | 09-Oct-2024 |
New Fund Earliest Closure Date | |
New Fund Offer Closure Date | 22-Oct-2024 |
Indicate Load Seperately | NIL |
Minimum Subscription Amount | Rs. 5,000 and in multiples of Re. 1/- thereafter. |
For Further Details Please Visit Website | https://www.miraeassetmf.co.in |
(source:amfiindia)