Category III AIFETF basket
Mirae Asset Global Allocation Fund IFSC
Mirae Asset Investment Managers (India) — IFSC branch
Mirae Asset builds and adjusts a portfolio of global equity ETFs, mixing broad market indices with emerging themes such as semiconductors and disruptive technologies.
Minimum investment
USD 151,000
USD 10,000 for accredited investors; paid in drawdowns
Key facts
Structure
Category III AIF · close-ended restricted scheme (non-retail)
Strategy
Actively allocated basket of global equity ETFs
Invests in
Global equity ETFs on broad indices and themes (such as semiconductors and disruptive technologies); 90–100% in ETFs and offshore funds
Benchmark
—
Fees
1.50% management fee (Class R1/P, from USD 151,000) + other expenses at actuals, capped at 0.25%
Exit load / lock-in
Close-ended — 3 years from final closing (extendable by 2); no exit load
Minimum investment
USD 151,000 — USD 10,000 for accredited investors; paid in drawdowns
Status
Close-ended fund — contact us for subscription availability
What it gives you exposure to
- ✓Global equity ETFs across regions and themes
- ✓Thematic tilts, including semiconductors and disruptive technologies
- ✓Mirae Asset's global ETF expertise
Things to know before investing
- !Close-ended: money stays invested for about three years (extendable by two); NAV is published weekly.
- !Capital is called in drawdowns rather than all at once.
- !Thematic tilts add concentration risk.
How to invest
Remit US dollars under the RBI’s Liberalised Remittance Scheme (up to USD 250,000 per person a year; 20% TCS above ₹10 lakh, adjustable against your tax) and subscribe to the fund in USD. As a restricted Category III AIF, it is open only to investors who meet the USD 150,000 threshold (or accredited-investor criteria). See the step-by-step guide.
Details last reviewed 27 Sep 2026. Fees and terms can change — confirm with the offer document or private placement memorandum before investing.