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An open-ended fund of fund scheme predominantly investing in Mirae Asset Hang Seng TECH ETF
The Scheme will invest in the units of Mirae Asset Hang Seng TECH ETF managed by Mirae Asset Mutual Fund as per the above stated asset allocation. The cumulative gross exposure through Units of Mirae Asset Hang Seng TECH ETF, Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds shall not exceed 100% of the net assets of the Scheme.
*Top 30 technology companies with highest market value (MV) are selected as constituents.
^Note: A newly listed security will be added to index if its full market capitalization ranks within the top 10 of the existing constituents on its first trading day. The ad hoc addition will normally be implemented after the close of the 10th trading day of the new issue.
An open ended fund of fund scheme predominantly investing in Mirae Asset Hang Seng TECH ETF
Ms. Ekta Gala
Mr. Vishal Singh (Since 28th August 2023)
Rs. 10
December 8, 2021
No
Not to be listed
Hang Seng TECH TRI (Total Return Index) (INR)
Rs. 5,000 & in multiples of Re. 1 thereafter
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Recommended Investment Horizon
3+ Years
The scheme will predominantly invest in units of Mirae Asset Hang Seng TECH ETF, the portfolio of which shall mostly be based on stocks forming part of Hang Seng TECH Index.
Wealth Creation
Provides the advantage of investing in Exchange Traded Funds through Mutual Fund route.
For Historic NAV Click here
Name | Allocation | |
1 | Mirae Asset Mutual Fund | 100.00% |
*Data as on 31st March, 2022.
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If Inflation rate is selected then
futureValue = Future value considering the inflation rate
else
Calculate on current value.
SIPAmount = parseInt(-((Rate of interest / 12) * (-futureValue + (interest amount on loan * 0))) / ((-1 + interest amount on loan) * (1 + (rate of interest / 12))));
Annual Return = (Last NAV of the year - Last NAV of the previous year) / Last NAV of the previous year
For more details, please visit the AMFI website
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