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Mirae Asset Launches Low-Cost Healthcare, Infra ETFs
23 Jan
Summary
- Two new ETFs launched tracking Nifty 500 Healthcare and India Infrastructure indexes.
- NFOs open January 27, closing early February for continuous sale.
- Minimum investment is Rs 5,000 for both healthcare and infrastructure ETFs.
Mirae Asset Mutual Fund has introduced two new exchange-traded funds (ETFs): the Mirae Asset Nifty 500 Healthcare ETF and the Mirae Asset Nifty India Infrastructure & Logistics ETF. These products offer investors diversified, low-cost tracking of major growth sectors.
The Nifty 500 Healthcare ETF will track the Nifty 500 Healthcare Total Return Index, covering pharmaceuticals, hospitals, diagnostics, and healthcare technology. This sector is poised for growth due to low penetration, government support, and export potential.
The Nifty India Infrastructure & Logistics ETF focuses on companies involved in developing India's infrastructure and logistics capacity. This includes sectors like power, capital goods, telecom, construction, and real estate, aligning with government priorities.
Both new fund offers (NFOs) commence subscription on January 27, 2026. The healthcare ETF NFO closes on February 6, reopening for continuous sale on February 11. The infrastructure ETF NFO closes on February 9, reopening on February 13. The minimum investment for both ETFs during the NFO period is Rs 5,000.
