(MAHKTECH)

Mirae Asset Hang Seng TECH ETF

(Exchange Traded Funds (ETF): An open ended scheme replicating/tracking Hang Seng TECH Total Return Index(INR))

INVESTMENT FRAMEWORK

The Mirae Asset Hang Seng TECH ETF will be managed passively with investments in stocks in a proportion that match as close as possible to the weights of these stocks in Hang Seng TECH Index.

The investment strategy would revolve around reducing the tracking error to the least possible through regular rebalancing of the portfolio, considering the change in weights of stocks in the Index as well as the incremental collections/redemptions in the Scheme. A part of the funds may be invested in debt and money market instruments, to meet the liquidity requirements.

WHY INVEST IN THE FUND

Provides diversification across *30 large tech-themed companies
Consist of companies driven by strong revenue growth and R&D investment
Fast Track IPO Entry: Qualified IPOs are included in Index shortly after listing
Fast-track IPO entry to newly listed companies which can be included in the index within 10 days of their listing on the exchange.
The index focuses on companies engaged in Internet (including mobile); FinTech; Cloud; E-Commerce; Digital; or Autonomous Vehicle

*Top 30 technology companies with highest market value (MV) are selected as constituents.

^Note: A newly listed security will be added to index if its full market capitalization ranks within the top 10 of the existing constituents on its first trading day. The ad hoc addition will normally be implemented after the close of the 10th trading day of the new issue.

Fund Facts

TYPE:

An open ended scheme replicating/tracking Hang Seng TECH Total Return Index(INR)

Fund Manager:

Mr. Siddharth Srivastava

Benchmark:

Hang Seng TECH TRI (Total Return Index) (INR)

ALLOTMENT DATE:

December 6, 2021

MINIMUM INVESTMENT AMOUNT :

On exchange in multiple of 1 unit. With AMC: In multiples of Basket Size (8 Lakh units)

EXPENSE RATIO:

0.57%

EXIT LOAD:

Click here to View

Market Maker:

Mirae Asset Capital Markets (India) Private Limited

Kanjalochana Finserve Private Limited

East India Securities Limited

Parwati Capital Market Private Limited

Vaibhav Stock & Derivatives Broking Private Limited

Plan-Option	ISIN
Regular Plan Growth-Growth	INF769K01HS7

*Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021.

Ideal Investment Horizon

Investment Horizon

Recommended Investment Horizon
3+ Years

Nature of investment:

Replicate/track Hang Seng TECH Index (INR), subject to tracking error and forex movement.

Suitable Investment:

Wealth Creation

Fund Managers fund manager

Mr. Siddharth Srivastava fund manager

RISKOMETER

Particulars	Mirae Asset Hang Seng TECH ETF	Mirae Asset Hang Seng TECH ETF Fund of Fund
Scheme Details	An open ended scheme replicating/tracking Hang Seng TECH Total Return Index(INR)	An open ended fund of fund scheme predominantly investing in Mirae Asset Hang Seng TECH ETF
NFO opens on	November 17, 2021	November 17, 2021
NFO closes on	November 29, 2021	December 1, 2021
Allotment date	December 6, 2021 (Deployment to happen majorly on 6th Dec around Hong Kong market close)	December 8, 2021 (Deployment to happen majorly on 8th Dec around Hong Kong market Close)
Allotment Price	1/3,000th of closing Hang Seng TECH TRI (Total Return Index) Value (INR) on date of allotment	Rs. 10
Allotment Detail	Will happen in whole numbers (Multiples of 1 unit). Balance is refunded	Will happen in whole numbers + Fractional units
Allotment Advice/ Statement of Accounts	To follow from December 06, 2021 onwards – Late Night	To follow from December 08, 2021 onwards
Credit in Investors Account	Units will get credited to investor account by December 08, 2021 for investor with verified details.	Units will get credited to investor account by December 10, 2021 for investor with verified details.
First NAV Date	December 7, 2021	December 9 , 2021 (NAV to be declared Next business day, 10th Dec before 10 am)
Reopens for continuous sales & purchase	Decmeber 8, 2021 (Only direct with the AMC in multiples of Basket Size(8 Lakh units))	December 9, 2021
Demat Required	Yes	No
Listing on Exchange	NSE & BSE (within 5 business days from date of allotment). Date to be confirmed later	Not to be listed
Minimum Quantity during NFO	Rs 5000 and multiples of Rs 1 thereafter	Rs 5000 and multiples of Rs 1 thereafter
Minimum Quantity after NFO	On exchange: In multiple of 1 unit With AMC: In multiples of Basket Size (8 Lakh units)	Rs 5000 and multiples of Rs 1 thereafter Additional Purchase: Rs 1000 (Minimum)
SIP/STP	For ETF, Facility is not available with AMC. Please check with your broker	SIP/STP: Rs 5000 and multiples of Rs 1 thereafter. (First SIP Date starts from 24th December 2021) SIP Top up: Rs 500 and multiples of Rs 1 thereafter
Redemption	On exchange: T+2 Directly with AMC: T+4	T+4
Exit Load	NIL	If redeemed within 3 months of allotment: 0.50% \| If redeemed after 3 months of allotment: NIL

^{*Timeline for allotment advice and credit in investor account is estimated on a best effort basis. There may be delays due to technical issues.}
^{* Redemption cycle for ETF will be T+ 4 days, but within the stipulated 10 Business days. Holiday / Business Day scenario of the underlying to be checked for actual pay out date.}