(NEXT50)

Mirae Asset Nifty Next 50 ETF which will aim to track the Nifty Next 50 Index, will consists of 50 large cap companies which are part of Nifty 100 index but does not form part of Nifty 50. Effectively, the Nifty Next 50 Index consists of smaller large cap companies and thus historically has provided a blend of large cap and mid cap segment both in terms of portfolio and performance.

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty Next 50 Total Return Index, subject to tracking error.