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The NFO will open for subscription on February 24, 2022, and close on March 4, 2022.
Mirae Asset Nifty Midcap 150 ETF will be managed by Ms. Ekta Gala. The minimum initial investment in the scheme during the NFO will be Rs 5,000 and multiples of Re 1 thereafter.
Key Highlights:
Mirae Asset Nifty Midcap 150 ETF will be managed by Ms. Ekta Gala. The minimum initial investment in the scheme during the NFO will be Rs 5,000 and multiples of Re 1 thereafter.
Key Highlights:
- The Nifty Midcap 150 Index aims to track the performance of 150 mid-market capitalization companies
- Opportunity to participate in entire midcap segment of the market.
- Relatively low Total Expense Ratio (TER) proposed to be charged by the Scheme. The scheme proposed to charge 5 basis point as the TER ^
- The Nifty Midcap 150 Total Return Index has given better returns than Nifty 50 and Nifty 100 in the last 1, 3, 5, 7, 10 and 15 years