Mirae Asset Investment Managers (India) has introduced two new passive schemes: the Mirae Asset BSE 500 Dividend Leaders 50 ETF and the Mirae Asset Nifty Top 20 Equal Weight ETF.

Both new fund offers (NFOs) opened for subscription on December 2 and will close on December 10.

The schemes are scheduled to reopen on December 16.

The Dividend Leaders 50 ETF will track the BSE 500 Dividend Leaders 50 Total Return Index, which includes companies from the BSE 500 universe that have demonstrated consistent dividend payouts over time. The index methodology includes firms with at least five years of listing history and dividends paid in at least 80% of the past ten years or since listing.

The Nifty Top 20 Equal Weight ETF will replicate the Nifty Top 20 Equal Weight Total Return Index, offering

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