| Launch date | 25 Feb 2025 |
| Allotment date | 18 Mar 2025 |
| End date | 11 Mar 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.14%
Inclusive of GST
Exit load
Exit load of 0.05%, if redeemed within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Fund management
Ekta GalaFeb 2025 - PresentView details
Akshay UdeshiFeb 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #13 in India |
|---|---|
| Total AUM | ₹2,08,109.62Cr |
| Date of Incorporation | 30 Nov 2007 |
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Mirae Asset BSE Select IPO ETF FoF Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Ekta Gala is the Current Fund Manager of Mirae Asset BSE Select IPO ETF FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,08,110 Cr and the Latest NAV as of 03 Oct 2025 is ₹11.89. The Mirae Asset BSE Select IPO ETF FoF Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.05%, if redeemed within 15 days. ;
Investment Objective
The scheme seeka to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset BSE Select IPO ETF. The Scheme does not guarantee or assure any returns. ;
| Fund benchmark | BSE Select IPO Total Return Index |
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