[ad_1]
Index Fund Corner
Sponsored
| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
| Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
The scheme is benchmarked against the Nifty Small Cap 250 Total Return Index (TRI) and will be managed by Varun Goel, Senior Fund Manager – Equity.
It seeks to provide long-term wealth creation opportunities by investing in high-growth small-cap companies that demonstrate strong fundamentals, corporate governance, and sustainable earnings growth.
The New Fund Offer (NFO) will be open for subscription till January 24, 2025.
The scheme will reopen for continuous sale and repurchase on February 3, 2025.
- Minimum investment: ₹5,000 during the NFO
- Subsequent investments: Multiples of ₹1
Investment strategy
The Mirae Asset Small Cap Fund will allocate at least 65% of its portfolio to small-cap stocks, with up to 35% in mid-cap and large-cap stocks. The fund will focus on companies with:
- Sustainable earnings growth
- High capital efficiency
- Strong corporate governance
- Minimal or negligible leverage
Speaking on the launch, Varun Goel, the fund manager, stated, “Small cap investing is where insights meet opportunity.”
Target audience
The fund is designed for investors with a high-risk appetite, including:
- Young and dynamic investors seeking high-growth opportunities
- Experienced investors aiming to boost portfolio returns
- Systematic Investment Plan (SIP) investors seeking to mitigate market volatility
Outlook
Mirae Asset Mutual Fund aims to leverage its global expertise and research capabilities to uncover opportunities in the dynamic small-cap space.
The fund seeks to identify undervalued and growth-oriented stocks, aiming to create shareholder value over the medium to long term.
Investors should consider their financial goals, risk tolerance, and investment horizon before investing. The small-cap segment, while promising higher returns, is also associated with higher volatility and risk.
[ad_2]
Source link