Mirae Asset to Launch New Healthcare, Infrastructure Thematic ETFs

• Mirae Asset Mutual Fund is set to launch two new thematic Exchange Traded Funds (ETFs): Mirae Asset Nifty 500 Healthcare ETF and Mirae Asset Nifty India Infrastructure & Logistics ETF.
• The Healthcare ETF will track the Nifty500 Healthcare Total Return Index, covering pharmaceuticals, hospitals, diagnostics, and medical technology.
• The Infrastructure & Logistics ETF will track the Nifty India Infrastructure & Logistics Total Return Index, focusing on infrastructure development and logistics companies.
• New Fund Offers (NFOs) for both ETFs open on January 27, with the Healthcare ETF NFO closing on February 6 and the Infrastructure & Logistics ETF NFO closing on February 9.
• Minimum investment for both ETFs during the NFO period is ₹5,000, with continuous purchase and redemption starting February 11 and February 13 respectively.

Why It Matters: Mirae Asset is expanding its ETF offerings with new healthcare and infrastructure thematic funds.