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Mirae Asset expands product suite with defence-focused ETFs
Mirae Asset has introduced defence-focused ETF offerings, giving investors targeted exposure to India’s defence sector growth story with associated thematic risks.
Mirae Asset Mutual Fund has launched a defence themed ETF and an ETF fund of fund, offering investors exposure to India’s growing defence manufacturing and services space. The products aim to track defence related companies benefiting from government spending and indigenisation. Fund managers highlighted long term sector potential, while advising investors to consider thematic risks, cyclicality, and allocation discipline before investing capital.