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Mirae Asset MF has launched Mirae Asset Multicap Fund, an open-ended scheme that will invest across the market cap spectrum, says a company release.
The fund is open for subscription from July 28, 2023 to August 11, 2023 and will track the NIFTY 500 Multicap 50:25:25 TRI.
Sharing his views, Ankit Jain, Fund Manager, Mirae Asset MF said that a multicap fund invests in large cap, mid cap and small cap space, making it a dynamic option to balance risks and rewards.
“Despite the turbulence in the global economic environment, the Indian economy continues to charter an impressive growth route and Mirae Asset Multicap Fund aims to capture and offer the exciting positive developments across sectors to its investors”, added Ankit.