March 15, 2023
RA Jainee
Guidance for Mirae Asset Nifty SDL June 2028 Index Fund NFO
by Paresh Gordhandas, C.A., Research Analyst.
Upcoming Soon
Mirae Asset Nifty SDL June 2028 Index Fund NFO
NFO opens on March 20, 2023
NFO will close on March 27, 2023
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
The scheme seeks to track the Nifty SDL June 2028 Index by investing in State Development Loans (SDL), maturing on or before June 30, 2028, subject to tracking errors.
Basic Details
| Fund House | Mirae Asset Mutual Fund |
| Issue Open | 20 March 2023 |
| Issue Close | 27 March 2023 |
| Type | Open-ended |
| Category | Debt: Target Maturity |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Moderate |
| Benchmark | Nifty SDL June 2028 |
About Benchmark Index
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | – | – | – | – | – |
| Total Return | – | – | – | – | – |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | – | – | – |
| Beta (NIFTY 50) | – | – | – |
| Correlation (NIFTY 50) | – | – | – |
Fundamentals
| P/E | P/B | Dividend Yield |
| – | – | – |
Study about Benchmark Index in details
Fund Manager
1) Mahendra Kumar Jajoo
Education: Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience: Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Past Performance of his Schemes
| Fund | Mirae Asset Equity Savings Fund – Regular Plan | It’s Benchmark | Mirae Asset Corporate Bond Fund – Regular Plan | It’s Benchmark |
| 1 Year | 3.26 | 3.74 | 3.39 | 4.74 |
| 3 Year | 12.39 | 9.63 | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
AMC:
Mirae Asset Investment Managers (India) Pvt. Ltd.
Address: Unit No.606 – 6th Floor, Windsor Building – Off. CST Road, Kalina, Santacruz (East), Mumbai – 400098
Website: http://www.miraeassetmf.co.in
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
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