Mirae Asset NYSE FANG+ETF FoF-Reg(G) outperforms in Jan-Mar quarter, exceeding domestic and overseas funds. 160 thematic funds by March end. Notable performers include Franklin India Feeder and Mirae Asset S&P 500 Top 50 ETF FoF-Reg(G).
We considered all equity and equity-oriented categories such as large cap, mid cap, small cap, large & mid cap, multi cap, flexi cap, focused fund, ELSS, value & contra fund categories for the study.
Three mutual fund NFOs or new fund offers are open for subscription this week. Kotak Healthcare Fund, DSP Banking & Financial Services Fund are open for subscription. Bajaj Finserv Balanced Advantage Fund will open for subscription later this week.
Early-stage investor Kibo Ventures has secured $175 million across its third flagship vehicle and its debut Opp Fund, the latter of which will focus on growth rounds for existing portfolio.