October 16, 2025
RA Jainee
Mirae Asset Nifty India New Age Consumption ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 12.2307
Suitable For Which Investors?
Consumption funds are suitable for investors:
1. Seeking exposure in shares of consumer facing companies for high returns
2. Aiming for long term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The scheme seeks to generate returns, before expenses, that are commensurate with the performance of the Nifty India New Age Consumption Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns.
Fund Manager:
1) Akshay Udeshi
Education: Mr. Udeshi has done B.E (Electronics) and MBA (Finance)
Experience: Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
2) Ekta Gala
Education: Ms. Gala is a B.Com & Inter CA (IPCC)
Experience: Prior to joining Mirae Asset Mutual Fund, she has worked with ICICI Prudential Asset Management Company Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Mirae Asset Nifty India New Age Consumption Exchange Traded Fund
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | 26-Dec-24 |
| Return Since Launch | 3.82% |
| Benchmark | Nifty India New Age Consumption TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 36 Cr |
| (As on 30-Sep-2025) | |
| Expense | 0.34% |
| (As on 30-Sep-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Nifty India New Age Consumption ETF | 3.94 | 1.18 | -0.39 | 4.20 | 15.12 | — | — | — | — | — |
| BSE 500 TRI | 5.30 | 0.86 | 0.67 | 0.03 | 10.45 | — | — | — | — | — |
| Equity: Thematic-Consumption | 3.63 | 0.98 | -0.81 | 2.80 | 9.96 | — | — | — | — | — |
| Rank within category | 14 | 2 | 10 | 9 | 2 | — | — | — | — | — |
| Number of funds in category | 27 | 30 | 30 | 30 | 30 | 22 | 16 | 12 | 10 | 8 |
Peer Comparison of Mirae Asset Nifty India New Age Consumption Exchange Traded Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Mirae Asset Nifty India New Age Consumption ETF | Unrated | — | — | — | 0.34 | 36 | 3.82 | — | 9M | — |
| Mirae Asset Great Consumer Reg | 4 star | -4.92 | 18.05 | 22.40 | 1.83 | 4,632 | 16.83 | 1.00 (365) | 14Y 6M | 44.00 |
| ICICI Pru Bharat Consumption | 4 star | -4.40 | 17.66 | 21.29 | 2.00 | 3,183 | 15.69 | 1.00 (90) | 6Y 6M | 73.00 |
| SBI Consumption Opportunities Reg | 5 star | -12.06 | 14.84 | 24.99 | 1.97 | 3,180 | 15.30 | 0.10 (30) | 26Y 3M | 40.00 |
| Nippon India Consumption Reg | 4 star | -4.63 | 16.40 | 23.82 | 1.94 | 2,802 | 15.35 | 1.00 (30) | 21Y | 26.00 |
Portfolio Analysis of Mirae Asset Nifty India New Age Consumption ETF
| No. of Stocks | 75 |
| Top 10 Stocks | 43.61% |
| Top 5 Stocks | 25.03% |
| Top 3 Sectors | 78.80% |
| Portfolio P/B Ratio | 6.63 |
| Portfolio P/E Ratio | 40.10 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,34,196 | 1,62,970 |
| Giant (%) | 52.04 | 56.53 |
| Large (%) | 24.27 | 20.73 |
| Mid (%) | 22.16 | 22.65 |
| Small (%) | 1.53 | 8.88 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Mirae Asset Nifty India New Age Consumption Exchange Traded Fund
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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