Mirae Asset Launches 1st-in-India Passive NYSE FANG+ Funds

Mirae Asset Launches 1st-in-India Passive NYSE FANG+ Funds
Monday, April 19, 2021 5:29PM IST (11:59AM GMT)
 
Mumbai, Maharashtra, India:
 Mirae Asset Investment Managers India, one of the fastest growing fund houses in the country in the equities and debt segments, today announced the launch of India’s first FANG+ based products, ‘Mirae Asset NYSE FANG+ ETF’, an open-ended scheme replicating/tracking NYSE FANG+ Total Return Index and ‘Mirae Asset NYSE FANG+ ETF Fund of Fund’, an open-ended fund of fund scheme predominantly investing in Mirae Asset NYSE FANG+ ETF.
 
The NFO for both the funds will open for subscription on April 19, 2021. While the FANG+ETF will close on April 30, 2021, the FANG+ETF Fund of Fund will close on May 3, 2021.

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