ABOUT THE FUND:
(1) The Scheme would invest in stocks constituting the Nifty India Internet Index in the similar proportion (weightage) as in the Index and endeavour to track the benchmark index.
(2) Scheme may also invest in debt and money market instruments, in compliance with Regulations. Money Market Instruments will include TREPS, Commercial Paper, Certificates of Deposit, Treasury Bills, Bills Rediscounting, Repos, short-term Government securities and any other such short-term instruments as may be allowed under the regulations prevailing from time to time.
INVESTMENT OBJECTIVE:
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty India Internet 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
(source: miraeassetmf.co.in)
Mirae Asset Nifty India Internet ETF NFO Details:
| Mutual Fund | Mirae Asset Mutual Fund |
| Scheme Name | Mirae Asset Nifty India Internet ETF |
| Objective of Scheme | 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. The Scheme does not guarantee or assure any returns. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – Other ETFs |
| New Fund Launch Date | 18-Jun-2025 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 25-Jun-2025 |
| Indicate Load Seperately | |
| 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: https://www.amfiindia.com/)
Mirae Asset Nifty India Internet ETF NFO
Application Form
Scheme Documents
(source: miraeassetmf.co.in)
Mirae Asset Nifty India Internet ETF NFO Riskometer:
(source: miraeassetmf.co.in)