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Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], February 14: Mirae Asset Mutual Fund announces India's first Multi factor-based ETF on Nifty Smallcap250 Index, 'Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF', an open-ended scheme replicating/tracking Nifty Smallcap 250 Momentum Quality 100 Total Return Index, and the 'Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund', an open-ended fund of fund scheme investing in units of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF. Mirae Asset Mutual Fund aims to provide investors with sector-agnostic exposure within the smallcap category by leveraging a combination of factors. Business News | Mirae Asset Mutual Fund Forays into Smallcap Space Through Passive Offering.
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], May 30: Mirae Asset Mutual Fund, one of the fastest-growing fund houses in India, today announced the launch of Mirae Asset Silver ETF (An open-ended scheme replicating/tracking Domestic Price of Silver). Business News | Mirae Asset Mutual Fund Launches Mirae Asset Silver ETF.
Mumbai (Maharashtra) [India], March 14 (ANI/PRNewswire): Mirae Asset Mutual Fund, one of the fastest-growing fund houses in India, today announced the launch of Mirae Asset Nifty 100 Low Volatility 30 ETF. Mirae Asset ETF is a part of Mirae Asset Mutual Fund and is used for Exchange Traded Funds managed by Mirae Asset Investment Managers (India) Private Limited. The New Fund Offer (NFO) opens on March 13th, 2023, and closes on March 21st, 2023. The scheme reopens for continuous sale and repurchase on March 27, 2023. The fund will be managed by the fund manager, Ms. Ekta Gala of Mirae Asset Mutual Fund. During the NFO, an investor can invest a minimum of Rs 5,000 or any quantum above that in multiples of Re.1. Nifty100 Low Volatility 30 Index is a Smart Beta ETF that aims to measure the performance of the low volatile securities in the large market capitalization segment. Smart Beta ETFs aim to potentially combine the benefits of both active and passive investing. Smart Beta ETFs are ga