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US stocks had a mixed day on Monday with the Nasdaq Composite hitting a record high while the Dow Jones fresh from a conquest of the the 40000 level took the day off
Banking equities drag MSE Index lower
The Real Estate Select Sector SPDR ETF (XLRE) outperformed the major market averages for the third straight week.
Ekta Gala and Vishal Singh will manage the scheme and invest 95-100% in securities included in the Nifty MidSmallcap400 Momentum Quality 100 Index and 0-5% in money market instruments/debt securities, instruments and/or units of debt/liquid schemes of domestic mutual funds.
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF is open for subscription while the other two will open for subscription later this week.