Mirae Asset Mutual Fund launches Mirae Asset BSE India Defence ETF FOF

Mirae Asset Mutual Fund launches Mirae Asset BSE India Defence ETF FOF

by News Team | Mutual Fund

NFO period: 02nd Feb - 16th Feb, 2026

Highlights of the NFO:

  • Scheme type - An open-ended fund of fund scheme investing in units of Mirae Asset BSE India Defence ETF.

  • Investment objective - The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset BSE India Defence ETF. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking to generate long term capital appreciation/income. Investment predominantly in units of Mirae Asset BSE India Defence ETF

  • Minimum Application Amount - Rs. 5,000 per application and in multiples of Re.1 thereafter.

  • Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).

  • Fund Managers - Ms. Ekta Gala & Mr. Akshay Udeshi

  • Benchmark - BSE India Defence TRI (Total Return Index)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)