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Company  Mirae Asset Investment Managers (India) Private Limited
Scheme Name  Mirae Asset Nifty PSU Bank ETF
Scheme Type  Open ended scheme
Theme  
Benchmark Index  NIFTY PSU BANK - TRI
Fund Manager  Ekta Gala , Akshay Udeshi
Category  ETFs - Index
Initial Offer Price (Rs)  Rs. 10
Minimum Investment (Rs)  5000
Additional Investment (Rs)  
Objective  The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty PSU Bank 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.
Max Entry Load%:  
Max Exit Load%:  
Option Type  Growth
Investment Pattern
TypeMinMax
Securities included in the Nifty PSU Bank Index95100
MMI including Tri Party REPO/ debt securities, Instruments and/or units of debt/liquid schemes of domestic MF05
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Attention Investors : Prevent Unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers / DP and Exchanges / Depository. Receive information of your transactions directly from Exchanges / Depository on your mobile/email at the end of the day .......... Issued in the interest of investors

KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

“No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application from to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.’