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Company
Mirae Asset Mutual Fund
Scheme Name
Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF (G)
Open Date
16-Aug-2022
Close Date
30-Aug-2022
Fund Manager
Siddharth Srivastava
Minimum Investment (
)
5000
Objective
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of overseas equity ETFs which are based on companies involved in development of Electric Autonomous Vehicles and related technology, components and materials. There is no assurance that the investment objective of the Scheme will be realized.
Benchmark
Solactive Autonomous & Electric Vehicles Index (TRI) (INR)
Asset Allocation
Units of overseas equity Exchange Traded Funds : 95% - 100%
Money market instruments including Tri Party REPO/ debt securities, Units of debt/liquid schemes of domestic Mutual Funds : 0% - 5%
Entry Load (%)
Nil
Exit Load (%)
If redeemed within 1 year (365 days) from the date of allotment: 1% If redeemed after 1 year (365 days) from the date of allotment: Nil
Option Type
O
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