Mirae Asset Small Cap Fund: Even though the word small is used in small-cap funds. But mutual fund investors know how big returns small-cap funds have given in the last few years. Small-cap funds of asset management companies have given strong returns to investors since the year 2020. Even though small-cap mutual funds invest in small companies listed in the stock market, they outweigh large-cap funds in terms of giving returns to investors. Now mutual fund investors have an opportunity to invest in another small-cap fund. Mirae Asset Mutual Fund is going to launch its small-cap fund. From today till January 10, 2025 i.e. till January 24, 2025, investors can invest in Mirae Asset Small Cap Fund.
NFO will remain open from 10-24 January
Mirae Asset Small Cap Fund of Mirae Asset Investment Managers India Private Ltd. has opened for subscription from today. It is an open-ended equity scheme aimed at investors to invest in strong listed small cap stocks in a research based and disciplined manner. Mirae Asset Small Cap Fund is benchmarked against the Nifty Small Cap 250 Total Return Index (Nifty Small Cap 250 TRI). NFO (New Fund Offer) of Mirae Asset Small Cap Fund will be open for investment from 10 to 24 January. You can invest at least Rs 5000 in this NFO. After that investment can be made in multiples of one rupee. Mirae Asset Small Cap Fund will be open for sale and repurchase from February 3, 2025.
Investment opportunity for high risk takers
Mirae Asset Small Cap Fund is designed keeping in mind high risk appetite investors who want to create wealth by investing in the segments showing highest growth in the economy. These investors include young, dynamic investors who aim to maximize portfolio returns while taking risks while exploring high-growth opportunities, and Systematic Investment Plan investors who aim to gain exposure to the market through disciplined investments. Want to manage the ups and downs. Mirae Asset Small Cap Fund will invest in quality stocks and will invest at least 65% of the fund in small cap stocks while 35% of the fund will be allocated in mid cap and large cap stocks.
Investment will be made in best stocks
Varun Goyal, Senior Fund Manager – Equity, Mirae Asset Investment Managers, which manages Mirae Asset Small Cap Fund, said on the launch of the fund, Small cap investment is the place where the biggest opportunity lies. He said, this new fund of ours will explore investment ideas in such segments which are going to play an important role in India’s development story.
Disclaimer: (The information provided here is for information only. It is important to note here that investing in mutual funds is subject to market risks. Always seek expert advice before investing money as an investor. ABPLive.com It is never advised for anyone to invest any money here.)
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