The Fund seeks to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the Mirae Asset India Select Top 10 Index. The Manager intends to primarily adopt a full replication strategy through investing all, or substantially all, of the assets of the Fund directly in Securities constituting the Underlying Index in substantially the same weightings as these Securities have in the Underlying Index to achieve the investment objective of the Fund as a Foreign Portfolio Investor (FPI) registered with the Securities and Exchange Board of India (the SEBI).