Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - Growth - NFO

Equity
Thematic
Very High Risk
Launch date10 May 2024
Allotment date30 May 2024
End date24 May 2024
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: NA

Inclusive of GST

Exit load

Exit load of 0.5%, if redeemed within 3 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund house & investment objective

Rank (total assets)#13 in India
Total AUM₹1,68,908.96Cr
Date of Incorporation30 Nov 2007

Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. The fund currently has an Asset Under Management(AUM) of ₹1,68,909 Cr and the Latest NAV as of 30 May 2024 is ₹10.00. The Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - Growth - NFO is rated Very High risk. Minimum SIP Investment is set to ₹500. Exit load of 0.5%, if redeemed within 3 months. ;

Fund benchmarkNifty MidSmallcap400 Momentum Quality 100 Total Return Index

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NA
Website
NA
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