Mirae Asset Nifty50 Equal Weight ETF

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty50 Equal Weight Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved.

The Scheme would invest in stocks constituting the Nifty50 Equal Weight Index in the similar proportion (weightage) as in the Index and endeavour to track the benchmark index.

Scheme may also invest in Money market instruments* including Tri Party REPO/ debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds.
*Money Market Instruments will include TREPS, Commercial Paper, Certificates of Deposit, Treasury Bills, Bills Rediscounting, Repos, short-term Government securities and any other such short-term instruments as may be allowed under the regulations prevailing from time to time.