Mirae Asset Mutual Fund Launches Mirae Asset Nifty 100 Low Volatility 30 ETF

(An open-ended scheme replicating/tracking Nifty 100 Low Volatility 30 Total Return Index)

Mirae Asset Mutual Fund, one of the fastest-growing fund houses in India, today announced the launch of Mirae Asset Nifty 100 Low Volatility 30 ETF. Mirae Asset ETF is a part of Mirae Asset Mutual Fund and is used for Exchange Traded Funds managed by Mirae Asset Investment Managers (India) Private Limited.

The New Fund Offer (NFO) opens on March 13th, 2023, and closes on March 21st, 2023. The scheme reopens for continuous sale and repurchase on March 27, 2023. The fund will be managed by the fund manager, Ms. Ekta Gala of Mirae Asset Mutual Fund. During the NFO, an investor can invest a minimum of Rs 5,000 or any quantum above that in multiples of Re.1. 

Nifty100 Low Volatility 30 Index is a Smart Beta ETF that aims to measure the performance of the low volatile securities in the large market capitalization segment. Smart Beta ETFs aim to potentially combine the benefits of both active and passive investing. Smart Beta ETFs are gaining popularity across the globe as they kind of have the potential to generate alpha by using different factors.

Key Highlights of Nifty 100 Low Volatility 30 Index

• Nifty 100 Low Volatility 30 index seems to have done well in the time of market distress.
• In short-term it may be used as an investment during the time of bear market/choppy market.
• In the long-term it can be potentially used for investment as the Nifty 100 Low Volatility 30 Index has generated higher risk-adjusted returns over a longer horizon.
• It has relatively lower drawdown compared to a broad market as well as other factor indices. 
• Provides alternate sectorial exposure which is different from the Nifty 100 Index.

Siddharth Srivastava, Head - ETF Product & Fund Manager, Mirae Asset Investment Managers (India) Pvt. Ltd. said, “Smart beta strategies typically capture factor exposures using systematic, rules-based approaches cost-effectively. Nifty 100 Low Volatility 30 Index aims to generate better risk-adjusted return over a longer horizon and provides alternate sectorial exposure. This fund may be used by investors who are cautious about portfolio volatility, and downside risk and are keen to generate long-term wealth with relatively lower risk.”

In times of uncertainty in the markets like these, low volatility ETFs may be considered for investments. further explained Srivastava.

Product Label & Disclaimers:

Statutory Details: Trustee: Mirae Asset Trustee Company Private Limited; Investment Manager: Mirae Asset Investment Managers (India) Private Limited (AMC); Sponsor: Mirae Asset Global Investments Company Limited.

The information contained in this document is compiled from third-party and publically available sources and is included for general information purposes only. There can be no assurance and guarantee on the yields. Views expressed by the Fund Manager cannot be construed to be a decision to invest. The statements contained herein are based on current views and involve known and unknown risks and uncertainties. Whilst Mirae Asset Investment Managers (India) Private Limited (the AMC) shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof of such information. The AMC, its associate or sponsors or group companies, its Directors or employees accepts no liability for any loss or damage of any kind resulting out of the use of this document. The recipient(s) before acting on any information herein should make his/her/their own investigation and seek appropriate professional advice and shall alone be fully responsible / liable for any decision taken on the basis of information contained herein. Any reliance on the accuracy or use of such information shall be done only after consultation to the financial consultant to understand the specific legal, tax, or financial implications.

For further information about other schemes (product labelling and performance of the fund) please visit the website of the AMC: www.miraeassetmf.co.in

BSE/NSE Disclaimer: 􀀀Every person who desires to apply for or otherwise acquires any unit of this Fund may do so pursuant to independent inquiry, investigation and analysis and shall not have any claim against the Exchange whatsoever by reason of any loss which may be suffered by such person consequent to or in connection with such subscription/ acquisition whether by reason of anything stated or omitted to be stated herein or any other reason whatsoever. For further information about other schemes (product labelling and performance of the fund) please visit the website of the AMC: www.miraeassetmf.co.in

Mirae Asset Acquires Grade-A Warehousing Space in India

Mirae Asset Credit Opportunities Fund, a category II AIF has made its maiden acquisition of a logistics facility spread over a 10-acre land in Bhiwandi near Mumbai Transaction advisors ANAROCK Capital craft win-all warehousing deal in top growth corridor. 

Mirae Asset Credit Opportunities Fund has announced its outright acquisition of a pre-leased Grade A industrial asset at Bhiwandi, MMR for INR 130 Crs. The industrial property, housed in the 160-acre K-Square Integrated Industrial Park and spreads over 9 acres, has been acquired from Prakhhyat Group.

As Mirae Asset Investment Group’s first acquisition under its India-focused funds allocation for high-grade Indian real estate opportunities, this transaction marks a rare instance where a foreign institutional fund has been able to secure a foothold in the prominent warehousing and industrial market of Bhiwandi. Mirae Asset has multiple business entities across Financial services in India, including a successful Mutual Fund business.

Jun Young Hong, Director, Mirae Asset Investment Managers (India) Pvt. Ltd., states that this acquisition is perfectly aligned with the Firm's vision of investing in top-grade commercial leased properties in India. "We are also exploring opportunities at office acquisition deals including IT parks, corporate offices besides logistics & industrial space. We continue to be bullish on Indian economy and the real estate sector in India,” he says.

With a total leasable area of over 3 lakh sf, this asset houses an incumbent tenant, Rhenus Logistics, a global logistics services provider headquartered in Germany with operations across Europe, Asia, and South America.

"We congratulate Mirae Asset Investment Managers on this highly strategic acquisition," says Sandeep Bagla, Director - Prakhhyat Group. "This warehousing space will deliver a massive competitive advantage. Such Grade-A warehousing assets have a multi-faceted beneficial impact on operational efficiencies and are aligned to international standards. Global investment groups will increasingly identify and secure such superior assets to ramp up their presence in India."

ANAROCK Capital Advisors acted as the transaction consultants for the deal. Shobhit Agarwal, MD & CEO - ANAROCK Capital, says, "We are privileged to have secured this high-octane acquisition for Mirae Asset Group, which has astutely identified a highly strategic asset in one of West India's most prominent growth corridors for industrial and logistics industry. Bhiwandi commands approx. 16% share among the top 10 micro-markets, now dominating the Grade A warehousing space. Due to an increase in demand, such Grade-A warehousing assets will witness anywhere between 15-20% of annual growth over the next 3-4 years."

Post the COVID-19 pandemic, the Indian warehousing industry has gone from a sunrise sector to full-blown supernova status. Underpinning its tremendous growth potential in the future is rapidly rising demand from 3PL and e-commerce companies, and across sectors like retail, FMCG, manufacturing, and electronics.

Mirae Asset Mutual Fund launches Mirae Asset Balanced Advantage Fund

Mirae Asset Mutual Fund, one of the fastest growing fund houses in India, has announced the launch of Mirae Asset Balanced Advantage Fund (“Fund/Scheme”), an open-ended dynamic asset allocation fund.

The NFO for the fund opens for subscription on July 21, 2022 and closes on August 3, 2022. The fund will be jointly managed by Mr Harshad Borawake, fund Manager and Head of Research, on the Equities side and Mr. Mahendra Jajoo, CIO Fixed Income, on the Debt side. The benchmark Index for the Fund will be the Nifty 50 Hybrid Composite Debt 50:50 Index.

The minimum initial investment in the fund will be Rs 5,000 and multiples of Re 1 thereafter.

Key Highlights:

• A good investment option, especially in times of volatility, thanks to its dynamic asset allocation between equity, arbitrage and debt instruments.
• The fund aims to capture the upside during a bull market and limit the downside during bear phases.T
• The fund managers will follow an internal model based on adjusted PE (Price to Earnings) and PBV (Price to Book Value) ratio in equities, and a Buy and Hold strategy in debt allocation.
• A flexible approach to ascertain the asset allocation will be followed.मृद
• Exposure to equity and arbitrage instruments will ensure equity taxation for investors.

“Investors fear falling markets. But in a country like India, not participating in the equities markets could be a matter of regret in long run. Mirae Asset Balanced Advantage Fund seeks to preserve investor participation throughout the market cycles and aims to generate reasonable performance over the long run.” said Mr. Swarup Mohanty, CEO, Mirae Asset Investment Managers (India) Pvt. Ltd (“AMC”). 

The AMC has been offering product suites designed to address the needs of investors keeping in mind the risk reward factor and Mirae Asset Balanced Advantage Fund is a continuation of this process aimed at offering right kind of investment solutions, Mr Mohanty added.

The Mirae Asset Balanced Advantage Fund will be available to investors in both, Regular Plan and Direct Plan. Post NFO, the Minimum Additional Purchase Amount will be Rs 1000 and in multiples of Re 1 thereafter.

Mirae Asset Introduces Marquee Trading Platform, m.Stock with a Zero Brokerage Account Without Any Hidden Charges

• m.Stock is a best in class platform with a flat INR 999 account opening fee and a ‘No brokerage and No Commission’ 
• The platform offers a singular solution for investments in stocks, F&Os, currencies, IPOs, and mutual funds with options that include a single view for all investments, customizable risk management, and an intuitive reporting system
• With this platform Mirae Asset brings in intelligent, world-class technology introducing industry-first features like Pre-Designed Index Baskets and Voice Search

Mirae Asset,  a global leader in the financial services industry launches ‘m.Stock’,  a state-of-the-art platform for investment in the capital markets across the world. This new product combines seamless access to all trading and investment products under one roof paired with a ‘Zero Brokerage and No Commission’ model, making it an unbelievable proposition for both seasoned traders as well as novice investors. With m.Stock, Mirae Asset consolidates its position as a world-class financial sales and trading services firm as well as the curator of exceptionally intuitive technology. 

m.Stock is a pioneer of many firsts in the investment arena but its flat account opening fee of INR 999 with zero brokerage, no platform fees, and a one-time account opening structure that defines a completely new category is perhaps its most remarkable feat. Built on technology with global excellence and designed to provide a best-in-class user experience the platform is host to a number of pathbreaking features like; the industry-first pre-designed index baskets, voice search for individual stocks and contracts, access to long term historical data, one-click full exchange basket buy, intuitive help sections and much more for a hassle-free investment journey. 

Ongoing IPO Page of m.Stock

m.Stock Dashboard

With investment options that include stocks, F&Os, currencies, IPOs, and mutual funds, m.Stock provides multi-level security across the user journey, with the capability to process more than 1 crore trades a day for more than 15 lakh customers at the same time globally. 

Currency Arena of m.Stock

Commenting on the launch, Arun Chaudhry, Director & Chief Business Officer, Mirae Asset Capital Markets (India) Pvt. Ltd said “We at Mirae Asset are extremely excited to bring m.Stock, a global platform that has been curated keeping in mind the ever-changing technological innovation in the investment management space. It is a product that not only caters to the need of seasoned traders but also new-age investors making it a one-stop-shop for the investor community in India. Our aim behind m.Stock is to build a platform that the user will fall in love with, a journey the users will enjoy executing and the pricing which is a market differentiator still stands unbelievable to many. If anyone is looking for a simple, smart, safe, and intuitive platform, I am sure the search will stop at m.Stock. I would also like to reiterate that no matter how unbelievable the pricing may sound it is true, this comes with no catch.

Adding to the excitement, Jisang Yoo, CEO, Mirae Asset Capital Markets (India) Pvt. Ltd said, “Mirae Asset is a globally established name and it carries a huge responsibility to consistently bring innovations in the investing space that will benefit the investor community worldwide. We take a lot of pride in the fact that in less than a decade, the Indian audience has shown immense trust in us. m.Stock is yet another offering from Mirae Asset that will cement our relationship with local audiences, while also redefining pricing models in the capital markets not just in India but globally as well. It is a product that will lead the change in the investment management industry for Mirae Asset.” 

The m.Stock platform is LIVE today (11th of April 2022), the app is available for download on both Android and iOS platforms. To get started, the users will need to create a DEMAT account on the app in 3 easy steps; 

• Online KYC Journey
• Link bank account to Trade
• There, you are done!!
• Additional features and pricing model is provided on the website.

Link to the m.Stock TVC: https://www.youtube.com/watch?v=FfzdjImeX1E

m.Stock is a global technology-led brokerage platform by Mirae Asset, a leading global player in the financial services industry. With an uncomplicated interface, it simplifies trading and investments across different asset classes while meeting the needs of seasoned traders as well as novice investors. The platform offers best-in-class investment options like a zero-cost brokerage plan following a one-time account opening fee, allowing investors to trade effortlessly and transparently. It has been designed to offer Mirae Asset’s existing and potential investors an avenue that combines the company’s impressive insight and stellar track record in asset management with cutting-edge tech-backed solutions that make investing easy, fast, safe, and convenient. 

For more information visit: https://www.mstock.com/open-demat-account