News Details

Mirae Asset Mutual Fund launches Mirae Asset Hang Seng TECH ETF

Nov 17, 2021 by News Team

NFO period: 17th November – 29th November, 2021

Highlights of the NFO:

  • Scheme type – An open-ended scheme replicating/tracking Hang Seng TECH Total Return Index

  • Investment objective – The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Hang Seng TECH Total Return Index, subject to tracking error and forex movement. The scheme does not guarantee or assure any returns.

  • Product suitability – This product is suitable for investors who are seeking returns that are commensurate with the performance of Hang Seng TECH Total Return Index, subject to tracking error and foreign exchange movement by investing in equity securities covered by Hang Seng TECH Total Return Index.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – The scheme does not offer any Plans/Options for investment.

  • Fund Manager – Mr. Siddharth Srivastava

  • Benchmark – Hang Seng TECH TRI (Total Return Index) (INR)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)