| Mirae Asset Mutual Fund has launched a new fund named as Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.
Category of Scheme: Fund of Fund (FOF) (Overseas)
The scheme has two plans: regular plan and direct plan, each plan offers growth option.
The minimum application amount is Rs 5000 and in multiples of Re. 1/- thereafter.
The additional application amount is Rs 1000 and in multiples of Re. 1/- thereafter.
Load structure: 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.
Benchmark Index for the scheme is Solactive Autonomous & Electric Vehicles Index (TRI) (INR)
The fund manager of the scheme is Siddharth Srivastava - Head – ETF Products.
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