Minimum investment of
₹5,000: Mirae Asset India Internet ETF..!
Mirae Asset Mutual Fund has launched the Mirae
Asset India Internet ETF, an open-ended scheme tracking the Nifty India
Internet Total Return Index (TRI).
The broader Nifty
Total Market Index..!
The underlying index, Nifty India Internet
Index, comprises 21 stocks selected from the broader Nifty Total Market Index.
It represents a diverse set of companies that predominantly operate through
online or digital business models.
The index includes companies across various
market capitalisations, such as large- cap, mid- cap, and small-cap firms,
ensuring a broad exposure to the internet sector. The index is subject to
quarterly rebalancing and semi-annual reconstitution, with each stock capped at
a 20% weight during rebalancing to maintain diversified exposure. This
structured approach helps in mitigating risks associated with market volatility
while capturing growth in the digital domain.
This index focuses on companies that derive a
significant portion of their revenues from online platforms, including
e-commerce, fintech, food delivery, digital entertainment, and more.
India’s digital economy is not just growing — it is
reshaping how businesses operate and how consumers engage. With the launch of
the Mirae Asset Nifty India Internet ETF. This fund create access to a
diversified basket of businesses that are part of India’s ongoing digital
transformation.
Minimum investment of
₹5,000..!
Investors can participate with a minimum
investment of ₹5,000 during the NFO period, with subsequent investments in
multiples of ₹1. This flexibility allows investors to easily adjust their
holdings according to market conditions and personal financial goals.
The ETF
will be open for subscription with a New Fund Offer (NFO) starting from June
18, 2025, until June 25, 2025, after which it will be available for continuous
sale and repurchase beginning July 2, 2025.
For more details and investment..!
Mr. K P Venkatarama
Krishnan,
Founder, Viruksham
Finmart Private Ltd
Chennai
E - Mail:
kpvenkat02@gmail.com
Cell Number: 98410
34997
Read articles written by Mr. K P Venkatarama Krishnan in
Nanayam Vikatan, a leading personal finance magazine.
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related
documents carefully. The past performance of the mutual funds is not
necessarily indicative of future performance of the schemes.
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