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Mirae Asset Nifty LargeMidcap 250 Index Fund NFO Date & NAV

Mirae Asset Mutual Fund introduces the Mirae Asset Nifty LargeMidcap 250 Index Fund. The NFO will be open from October 10 to October 18, 2024, with continuous sales resuming from October 25, 2024

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Mirae Asset Nifty LargeMidcap 250 Index Fund NFO Date & NAV

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  1. Mirae Asset Nifty LargeMidcap 250 Index Fund NFO: Date & NAV Mirae Asset Mutual Fund introduces the Mirae Asset Nifty LargeMidcap 250 Index Fund. The NFO will be open from October 10 to October 18, 2024, with continuous sales resuming from October 25, 2024. This fund is classified as high-risk. Fund Objective and Strategy This index fund aims to track the Nifty LargeMidcap 250 Index, o?ering exposure to both mid-cap and large-cap companies. It balances these segments by resetting their combined weight to 50% each quarter, providing broad market exposure. Asset Allocation 95-100% in Nifty LargeMidcap 250 Index TRI-covered securities 0-5% in debt, money market instruments, or other mutual fund schemes Nifty LargeMidcap 250 Index Performance The fund replicates the performance of the Nifty LargeMidcap 250 Index, which includes stocks from both the Nifty Midcap 150 and Nifty 100 indices. The index has delivered impressive returns: 43.54% over the last year and 25.53% over the last five years. Investment Plans

  2. 1.  Direct Plan 2.  Regular Plan Fund Details Start Date: October 10, 2024 End Date: October 18, 2024 Reopening Date: October 25, 2024 Minimum Investment:₹5,000 Expense Ratio: Nil Exit Load: Nil Risk and Tax Implications This fund is suitable for investors with a high-risk tolerance. Short- term gains are taxed as per the investor's tax slab, while long-term gains are taxed at 12.5%. Peers ICICI Prudential Nifty LargeMidcap 250 Index Fund: 22.63% (AUM: ₹167.81 Cr) Edelweiss Nifty LargeMidcap 250 Index Fund Direct: 39.10% (AUM: ₹205.59 Cr) Fund Managers Ms. Ekta Gala Mr. Vishal Singh Conclusion The Mirae Asset Nifty LargeMidcap 250 Index Fund o?ers an opportunity for growth by capturing the performance of large and mid-cap stocks. It is ideal for long-term investors with a high-risk appetite looking for diversification.

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