October 18, 2022
mayank
NFO of Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund
NFO opens on October 10 ,2022
NFO will close on October 18 ,2022
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
The scheme seeks to track Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index by investing in AAA rated Public Sector Undertaking (PSU) Bonds and State Development Loans (SDL), maturing on or before April 30, 2026, subject to tracking errors.
Basic Details
| Fund House | Mirae Asset Mutual Fund |
| Issue Open | 10 October 2022 |
| Issue Close | 18 October 2022 |
| 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 AAA PSU Bond Plus SDL Apr 2026 50:50 |
About Benchmark Index
Nifty PSU Bond Plus SDL Apr 2026 50:50 Index seeks to measure the performance of portfolio of AAA rated bonds issued
by government owned entities & SDLs maturing between November 01, 2025 to April 30, 2026.
Methodology
• Index represents the performance of maturity-targeted
segment of the PSU bond and SDL market.
• Index holds 2 equal weighted components: Bonds issued by
AAA rated government owned entities and SDLs issued by
states/UTs, maturing between November 01, 2025 and April
30, 2026.
• The index is reviewed at the end of every calendar quarter.
Features
➢ Methodology: Total Returns
➢ No. of Constituents: 21
➢ Base Value: 1000
➢ Base Date: February 26, 2021
➢ Index Maturity Date: April 30, 2026
Index Level Average Statistics
| Index Name | Avg Yield %* | Avg. Macaulay Duration* | Avg. Maturity* | 3 M | 6 M | 1 Yr | 3 Yr. | Since Inception |
| NIFTY PSU Bond Plus SDL Apr 2026 50:50 | 7.45 | 3.01 | 3.38 | 1.60 | -0.54 | 1.23 | – | 4.44 |
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 Hybrid Equity Fund | It’s Benchmark | Mirae Asset Dynamic Bond Fund | It’s Benchmark |
| 1 Year | –1.97 | -1.79 | -0.08 | 2.17 |
| 3 Year | 14.81 | 14.83 | 4.14 | 4.18 |
| 5 Year | 10.68 | 11.72 | 5.36 | 5.17 |
| 7 Year | 11.97 | 11.57 | — | — |
| 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
Guidance for NFO of Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund
by Paresh Gordhandas, Research Analyst.
Updated Soon
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