NFO Alert: Mirae Asset Mutual Fund launches Nifty50 Equal Weight ETF
April 30, 2025--Mirae Asset Mutual Fund has launched the New Fund Offer (NFO) for the Mirae Asset Nifty50 Equal Weight ETF, an open-ended scheme replicating/tracking the Nifty50 Equal Weight Total Return Index. According to a release by the fund house, the ETF aims to offer investors equal-weighted exposure across all Nifty 50 stocks. |
The NFO is currently open for subscription and will close on May 6. The scheme will reopen for continuous sale and repurchase from May 12. |