Review of Mirae Asset Nifty 1D Rate Liquid ETF NFO
November 6, 2024
mayank
Review of Mirae Asset Nifty 1D Rate Liquid ETF @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst.
[ A ] Benchmark Performance of NIFTY 1D Rate Index
Statistics
| QTD | YTD | 1 Year | 5 Years | Since Inception | |
| Returns (%) # | 0.52 | 5.63 | 6.79 | 4.93 | 6.36 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Amit Modani
| Fund | Mirae Asset Multi Asset Allocation Fund | It’s Benchmark | Mirae Asset Corporate Bond Fund | It’s Benchmark |
| 1 Year | — | — | 7.93 | 9.19 |
| 3 Year | — | — | 5.42 | 6.14 |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 6-11-2024
Note on Fund Managers’ performance
[ C ] Conclusion
Considering above two aspects of this NFO, I donot recommend large investment in this NFO. This being NFO of sectoral nature, small investment may be made.