Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW

Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW is a scheme launched by Mirae Asset Mutual Fund on January 27, 2022, and falls under the Domestic Equity FoF fund category. It currently manages an AUM of Rs 107.66 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.46% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Nifty India Manufacturing ETF.

• Performance:

  Mirae Asset Nifty India Manufacturing ETF FOF - Regular Plan - IDCW trailing returns over different times are -1.39% (1 year), 20.18% (3 year) and 0% (5 year). The average annual return of this fund stands at 7.68%.