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)
Scheme Documents