Mirae Asset Global Electric & Autonomous Vehicles ETFs FoF Regular Growth 9 63 NAV, Reviews & asset allocation

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Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund – Growth – Direct Plan

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As per morningstar the risk & return rating of the fund are – & – respectively. Newer data as provided by Seeking Alpha shows that this top-10 composition shifted a little bit and now includes four Ltd. and six corporations. The Global X Lithium & Battery Tech Fund focuses on the promising lithium-ion battery market.

Mirae Asset Global Electric & Autonomous Vehicles ETFs FoF Regular – Growth Fund Details

Find here information about the Global X Lithium & Battery Tech ETF ETF. You can find more details by going to one of the sections under this page such as historical data, charts, technical analysis and others.

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You’ll find Call and Put Strike Prices, Last Price, Change, Volume, Implied Volatility, Theoretical and Greeks for the Global X Lithium ETF options for the expiration dates selected. Below this information you can also find an open interest chart for the ETF’s options. Apple has stipulated that about two dozen technology, electronics and ecommerce brands shouldn’t have any kind of presence near its soon-to-be-inaugurated store at Reliance Jio World Drive mall in Mumbai.

Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund (G)

The fund is an actively-managed exchange-traded fund (“ETF”) that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the fund’s investment theme of disruptive innovation. Its investments in foreign equity securities will be in both developed and emerging markets. The investment seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Lithium Index. The underlying index is designed to measure broad-based equity market performance of global companies involved in the lithium industry. The Global X Autonomous & Electric Vehicles ETF seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles (“EVs”), and EV components and materials.

It is for ACC battery storage manufacturing to promote domestic production of batteries and reduce dependence on imports. This will support the domestic Electric Vehicle Industry with the required infrastructure to produce electric vehicles in India. Mr. Siddharth Srivastava is a B.Tech, MBA graduate with CFA and has over a decade of experience in financial services and stock markets. He has been working with Mirae Asset Management since May 2018. Before Mirae, Mr. Siddharth has been a senior manager at NSE for developing new Index products for various asset classes. 5 Mantras for Debt Mutual Funds Debt mutual funds, managed by professional managers, invest in a range of fixed-income…

• The investment seeks to provide investment results that correspond to the price and yield performance, of the Indxx Global Fintech Thematic Index.
• The expense ratio of Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund is 0.17 % as of 05 April 2023.
• The demand for lithium is heavily influenced by the demand for electric vehicles, with both set to rise sharply over the next two decades.

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Growth

You can view the portfolio composition details of Mutual Fund. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income. The top holding of the fund is Global X Autonomous & Electric Vehicles UCITS ETF which constitute around 79.04% of the assets. This service is not directed for access or use by anyone in a country, especially the USA, Canada or the European Union countries, where such use or access is unlawful or which may subject PrimeInvestor Financial Research Pvt Ltd or its affiliates to any registration or licensing requirement. The expense ratio of Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Regular Growth is 2.36%. The top holdings of the fund include Global XAutonomous&ElectricvhclsETF$ Acc, Global X Lithium & Battery TechETFUSDAcc, Global X China Electric Vehicle ETF & Treps.

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QQQ investment seeks investment results that generally correspond to the price and yield performance of the NASDAQ-100 Index®. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index. From this level, the broad market is unlikely to provide high inflation-adjusted returns over a 5-10 year period. We look at building cash positions in the portfolio over the next 1-3 months to capture the volatility. Now, there are mutual funds being launched to focus on Electric Vehicles theme. ATS is India’s Most Preferred & Trusted Financial Services Company with more than 1 Lakh Satisfied Clients who enjoy the service from 800+ Locations, backed by 24×7 Expert Support and offers the Lowest Brokerage in the market.

Keep your documents ready and get your account activated to start investing in Mutual Funds in just a few hours. You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”. The investment seeks to track the investment results of the PHLX Semiconductor Sector Index composed of U.S. equities in the semiconductor sector. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs. Get the best filtered funds based on our pre-defined screeners.

Risk & Volitility

Care needs to be taken to both understand the drivers of international market and the underlying fundu2019s strategy. Though the asset class is equity, these funds are taxed like debt funds as tax laws provide equity taxation only to funds investing in domestic stocks. The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of overseas equity ETFs which are based on companies involved in development of Electric & Autonomous Vehicles and related technology, components and materials. Investment Objective – The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of overseas equity ETFs which are based on companies involved in development of Electric & Autonomous Vehicles and related technology, components and materials.

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Free https://1investing.in/ forces would lead to the use of the cheapest, most efficient option for energy, which has been and generally remains fossil fuels. Wealth18.com is personal finance blog to help others around investment, taxation, insurance topics. Autonomous vehicles further reduce the hassles faced due to manual errors. Government incentives coupled with reducing prices of the batteries help in boosting the confidence of both consumers and producers. EVs emit lower Green House Gases when compared with vehicles with tail-pipe emissions.

The expense ratio of Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund is 0.17 % as of 05 April 2023. Is regulated by the Central Bank of Ireland , registered with the Companies Registration Office , and is a member of the Irish Investor Compensation Scheme . Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund is a FoFs fund and belongs to Mirae Asset Mutual Fund. It was launched on 07-Sep-2022 and currently has an AUM of ₹73.64 crore.Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund is benchmarked against Solactive Autonomous & Electric Vehicles Index – TRI as primary index. We are not intended to be a substitute for legal, tax or financial advice. Accordingly, customers are expected to undertake their own due diligence in consultation with their advisors and are advised not to solely rely on the Information.

While the future for EVs and AVs remains bright, Mirae Asset Management Company has launched its new thematic ETF on Global Electric and Autonomous Vehicle. Domestic holders of Australian Stock receive a tax credit for dividends which provides a tax benefit to Australian resident customers with long positions. As such, Interactive Brokers will charge all customers with short Australian Stock positions 143% of the declared dividend at the time of declaration. In certain cases, IB may be able to borrow stock at more advantageous rates than 143% but rate improvement may or may not be available to short position holders. In this week’s newsletter, we discuss advancements in experiential technologies and the compelling opportunities for investors in themes including AI, e-commerce, connectivity and more. Also, we highlight what our latest survey reveals about Americans’ perceptions regarding digital healthcare.