myplexus

NFO Monitor

Fund Fact

Name of Funds:

Mirae Asset Nifty Bank ETF

Opening:

12th July 2023

Closing:

18th July 2023

Minimum Investment:

Rs. 5,000 per application and in multiples of Re. 1 thereafter

Plan:

Not Applicable

Options:

Not Applicable

Entry Load:

Not Applicable

Exit Load:

Not Applicable

Fund Stats

Objective:

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Bank Total Return Index, subject to tracking error.

Benchmark:

NIFTY BANK

Fund Manager:

Ekta Gala

Asset Allocation

95-100% Securities included in the Nifty Bank Index upto 5% Money Market

upto 5% Debt Nil Others

Comparable existing schemes

SBI Nifty Bank ETF	8.95(6M)	28.05(1Y)
DSP Nifty Bank ETF	9.01(6M)	Not Available

Fund Prognosis

Idea Distiller

The ETF route is the cheapest option for the big ticket investors. And the banking segment is a deep enough one to provide investment comfort.

Fund House AAUM:
Rs. 12482400.84 Lakhs (as on 30th June 2023)
Fund Manager:
Combined experience of above 5 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

For the "aam aadmi" not much as there are lots of options that can make more money in the active space. But for the big investors, why not.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028

NFO Monitor

Fund Fact

Name of Funds:

Opening:

Closing:

Minimum Investment:

Plan:

Options:

Entry Load:

Exit Load:

Fund Stats

Objective:

Benchmark:

Fund Manager:

Asset Allocation

Comparable existing schemes

Fund Prognosis

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

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Important Links

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Snapshot

Company