iifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Mirae Asset Nifty 8-13 yr G-Sec ETF NFO: All details you need to know

29 Mar 2023 , 10:09 AM

Mirae Asset Mutual Fund is launching NFO under its “ETF category”, named as Mirae Asset Nifty 8-13 yr G-Sec ETF. This open-ended fund generate before expenses that correspond to the returns of Nifty 8-13 yr G-Sec Index, subject to tracking errors.

Investment strategy: The investment objective of the Scheme is to provide returns before expenses that correspond to the returns of Nifty 8-13 yr G-Sec Index. Based on the availability of issuances, it is expected that the portfolio allocation could be different than that of underlying index allocation and could result in tracking error.

Asset allocation: Mirae Asset Nifty 8-13 yr G-Sec ETF will invest in the securities lying under Nifty 8-13 yr G-Sec Index which has Relatively High interest rate risk and Relatively Low Credit Risk.

Who should invest?

Investors with moderate risk appetite and need income over long-term by investing in Relatively High interest rate risk and Relatively Low Credit Risk debt and money market instruments.

Risk associated: Moderate level of risk.

Benchmark: Nifty 8-13 yr G-Sec Index.

Fund Managers: Mr. Amit Modani.

The NFO is available for subscription on March 29. The minimum subscription amount is Rs 5000/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in Mirae Asset Nifty 8-13 yr G-Sec ETF.

Mirae Asset Nifty 8-13 yr G-Sec ETF

Related Tags

  • Mirae Asset
  • Mirae Asset AMC
  • mirae asset mf
  • Mirae Asset Nifty 8-13 yr G-Sec ETF
  • Mirae Asset Nifty 8-13 yr G-Sec ETF NFO
  • NFO
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.