Mirae Asset Nifty LargeMidcap 250 Index Fund Review – Mirae Asset Nifty LargeMidcap 250 Index Fund Review Direct NFO Open on 10 October 2024 and Close on 18 October 2024. Mirae Asset Nifty LargeMidcap 250 Index Fund Direct NFO Allotment Date is 25 October 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹5,000. The Minimum SIP Investment Amount is ₹99.
Type of the Scheme
An open-ended scheme replicating / tracking Nifty LargeMidcap 250 Total Return Index.
Scheme Benchmark : The performance of the scheme will be benchmarked to the Nifty LargeMidcap 250 Total Return Index. Rationale for adoption of benchmark: The Trustees have adopted Nifty LargeMidcap 250 Total Return Index as the benchmark index.
Mirae Asset Nifty LargeMidcap 250 Index Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| HDFC Bank Ltd. | 4.58 |
| Reliance Industries Ltd. | 3.49 |
| ICICI Bank Ltd. | 3.13 |
| Infosys Ltd. | 2.35 |
| ITC Ltd. | 1.68 |
| Bharti Airtel Ltd. | 1.60 |
| Tata Consultancy Services Ltd. | 1.52 |
| Larsen & Toubro Ltd. | 1.51 |
| Suzlon Energy Ltd. | 1.34 |
| Axis Bank Ltd. | 1.22 |
Mirae Asset Nifty LargeMidcap 250 Index Fund Important Date
| Scheme Offer | Mirae Asset Nifty LargeMidcap 250 Index Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 10 Oct 2024 |
| Close Date | 18 Oct 2024 |
| Allotment Date | 25 Oct 2024 |
| Category | Other Schemes – Index Fund |
| Min Inv ₹ | ₹5,000 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark |
Nifty LargeMidcap 250 Total Return Index |
Investment Objective of the Scheme ?
The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of Nifty LargeMidcap 250 Total Return Index.
Mirae Asset Nifty LargeMidcap 250 Index Fund Other Details
| Exit Load | N/A |
|---|---|
| Exit Load Details | N/A |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 5,000 |
| Min. SIP | Rs. 99 |
Mirae Asset Nifty LargeMidcap 250 Index Fund Asset Allocation
Manager Manage the Scheme?
Fund Manger : Ms. Ekta Gala
Qualification : B.Com & Inter CA (IPCC)
Experience : Ms. Ekta Gala has over 6 years of experience as a dealer. Ms. Ekta Gala was associated with ICICI Prudential Asset Management Company Ltd.
Fund Manger : Mr. Vishal Singh
Qualification : C.A.; C.F.A; F.R.M; B.Com
Experience : Mr. Vishal Singh has over 5 years of experience in the field of financial services. Mr. Singh was associated with NSE Indices Limited.
Mirae Asset Nifty LargeMidcap 250 Index Fund Sector Representation
| Sector | Weightage |
|---|---|
| Financial Services | 25.15 |
| Information Technology | 8.85 |
| Capital Goods | 8.78 |
| Automobile and Auto Components | 7.95 |
| Healthcare | 7.26 |
| Oil, Gas & Consumable Fuels | 6.97 |
| Fast Moving Consumer Goods | 6.41 |
| Chemicals | 3.56 |
| Consumer Services | 3.55 |
| Metals & Mining | 3.36 |
| Consumer Durables | 3.22 |
| Telecommunication | 3.11 |
| Power | 3.09 |
| Construction | 2.11 |
| Realty | 2.08 |
| Services | 1.90 |
| Construction Materials | 1.82 |
| Textiles | 0.49 |
| Diversified | 0.25 |
| Media, Entertainment & Publication | 0.10 |
Mirae Asset Nifty LargeMidcap 250 Index Fund Index Return
Where Will the Scheme Invest ?
- Equity and Equity Related Instruments.
- Debt & Money Market Instruments.
- Investment in Derivatives.
Also Read: Samco Multi Cap Fund Review
Mirae Asset Nifty LargeMidcap 250 Index Fund Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna
Mirae Asset Nifty LargeMidcap 250 Index Fund Form Download
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