NAV as on 17-04-2025
₹ 10.86
▲0.9%
1D
Inception Returns
5.4%
/yr
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth is a hybrid fund. This fund was started on 19 March, 2025. The fund is managed by Ekta Gala. This fund gives you the benefit of diversification.
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth has given a CAGR return of 5.45% since inception.
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent.
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset BSE Select IPO ETF. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth has no lock in period.
Expense ratio | -- |
Benchmark | BSE Select IPO TR INR |
AUM | ₹8 Cr |
Inception Date | 19 March, 2025 |
Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 0.1% |
Lock In | No Lock-in |
TurnOver | 0% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Very High Risk |
as on (31-Dec-69)
More funds from Mirae
3Y CAGR
▲ 13.61
5Y CAGR
▲ 19.78
5Y CAGR
▲ 15.11
3Y CAGR
▲ 7.41
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |