Mirae Asset Nifty India New Age Consumption ETF FoF Direct-Growth

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹10.033+0.74% 1 day change	-0.59%	App exclusive #NA View Ranked Funds	₹14 Cr

Historical NAV & returns

NAV: ₹10.033 as on Sep 03, 2025

This fund Category average

Mirae Asset Nifty India New Age Consumption ETF FoF overview

Expense ratio	0.25% as on Aug 31, 2025
Exit load	0.05% Exit load of 0.05%, if redeemed within 15 days.!
AUM (Fund size)	₹14 Cr
Lock-in Period	Nil
Age	8 m since Dec 12, 2024
Benchmark	Nifty India New Age Consumption TRI
Min. investment	This scheme is currently not buyable
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mirae Asset Nifty India New Age Consumption ETF FoF Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Sep 01, 2025

Period	This fund	Category average
1 Month	4.51%	0.29%
3 Months	6.96%	0.14%
6 Months	21.79%	15.58%

Asset allocationas on May 31, 2025

Large Cap 60.7%

Mid Cap 28.13%

Small Cap 10.7%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Mutual Fund 99.58448354%

Repo 1.22802506%

Other Holdings

Mirae Asset Nifty India New Age Consumption ETF-Growth 99.58%

Others 1.23%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Nifty India New Age Consumption ETF FoF	N.A.	14 Cr	8 m	0.25%
ICICI Prudential BHARAT 22 FOF	N.A.	2,271 Cr	7 yrs 2 m	0.12%
Motilal Oswal Nifty Bank Index Fund	N.A.	642 Cr	6 yrs	0.26%
ICICI Prudential Nifty Auto Index Fund	N.A.	137 Cr	2 yrs 11 m	0.4%
Kotak Nifty Financial Services Ex-Bank Index Fund	N.A.	55 Cr	2 yrs 1 m	0.22%
ICICI Prudential Nifty Pharma Index Fund	N.A.	83 Cr	2 yrs 9 m	0.37%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Nifty India New Age Consumption ETF FoF	4.51%	21.79%	N.A.	N.A.	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	0.38%	12.32%	-8.25%	25.9%	31.81%	12.36%
Motilal Oswal Nifty Bank Index Fund	-2.53%	12.89%	5.87%	11.45%	19.06%	7.06%
ICICI Prudential Nifty Auto Index Fund	8.39%	27.97%	-0.14%	27.17%	15.51%	7.48%
Kotak Nifty Financial Services Ex-Bank Index Fund	-1.1%	19.51%	5.42%	14.68%	8.56%	4.19%
ICICI Prudential Nifty Pharma Index Fund	-0.91%	11.06%	-5.07%	19.55%	11.31%	5.5%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Nifty India New Age Consumption ETF FoF	N.A.	N.A.	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	17.06	1.14	1.04	1.74
Motilal Oswal Nifty Bank Index Fund	13.12	0.99	0.41	0.88
ICICI Prudential Nifty Auto Index Fund	N.A.	N.A.	N.A.	N.A.
Kotak Nifty Financial Services Ex-Bank Index Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Nifty Pharma Index Fund	N.A.	N.A.	N.A.	N.A.

View all Other Equity Index funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Mirae Asset Nifty India New Age Consumption ETF FoF in detail with

About this fund

About Mirae Asset Nifty India New Age Consumption ETF FoF

Mirae Asset Nifty India New Age Consumption ETF FoF Direct-Growth is a Other Equity Index mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 8 m, having been launched on 12/12/2024. Mirae Asset Nifty India New Age Consumption ETF FoF Direct-Growth has ₹14 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Nifty India New Age Consumption ETF FoF Direct-Growth as of 03/09/2025 is ₹10.03. The fund has an expense ratio of 0.25%, which is close to what most other Other Equity Index funds charge.

The fund has the majority of its money invested in Unclassified sectors. It has taken less exposure in Unclassified sectors compared to other funds in the category.
The fund's top 5 holdings are in Mirae Asset Nifty India New Age Consumption ETF-Growth.

...

Fund AUM	14 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Ekta Gala

Ms. Gala is a B.Com & Inter CA (IPCC) Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.

Akshay Udeshi

Mr. Udeshi has done B.E (Electronics) and MBA (Finance) Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services

Investment objective

The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Nifty India New Age Consumption ETF. The Scheme does not guarantee or assure any returns.

Mirae Asset Mutual Fund details

No. of schemes	47 view all schemes
Total AUM	2,02,662 Cr as on Jun 30, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mirae Asset Midcap Fund	N.A.	16,337 Cr	-0.52%	27.87%
Mirae Asset Great Consumer Fund	N.A.	4,224 Cr	-0.81%	23.72%
Mirae Asset ELSS Tax Saver Fund	N.A.	25,567 Cr	0.1%	22.26%
Mirae Asset Large & Midcap Fund	N.A.	39,459 Cr	-1.97%	22.08%
Mirae Asset Healthcare Fund	N.A.	2,691 Cr	0.91%	20.65%
Mirae Asset Diversified Equity Allocator Passive FoF	N.A.	938 Cr	-3.0%	19.86%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Nifty India New Age Consumption ETF FoF?

The current Net Asset Value (NAV) of the Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Growth plan is approximately ₹10.033 as of Sep 03, 2025.

How much does this mutual fund charge as expense ratio?

The Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Growth has an expense ratio of 0.25%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Nifty India New Age Consumption ETF FoF currently has assets under management (AUM) or fund size valued at approximately 14 Cr as on May 31, 2025.

What is risk level of Mirae Asset Nifty India New Age Consumption ETF FoF?

This is a Other Equity Index fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mirae Asset Nifty India New Age Consumption ETF FoF?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset Nifty India New Age Consumption ETF FoF and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mirae Asset Nifty India New Age Consumption ETF FoF is complete.

How can I redeem my investments in Mirae Asset Nifty India New Age Consumption ETF FoF?

Redeeming your investments in Mirae Asset Nifty India New Age Consumption ETF FoF is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mirae Asset Nifty India New Age Consumption ETF FoF from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Other Equity Index

#NA

Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.05%, if redeemed within 15 days.