October 16, 2025
RA Jainee
Mirae Asset Nifty India New Age Consumption ETF FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.0760
NAV IDCW: Rs 10.0760
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 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.
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) | 1,000 |
| Min. SIP Investment (Rs) | 99 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 5 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.05% for redemption within 15 days |
Basic Details of Mirae Asset Nifty India New Age Consumption ETF FoF
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | 02-Jan-25 |
| Return Since Launch | 0.76% |
| Benchmark | Nifty India New Age Consumption TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 16 Cr |
| (As on 30-Sep-2025) | |
| Expense | 0.28% |
| (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 FoF Dir | — | 1.06 | -0.53 | 4.07 | 14.94 | — | — | — | — | — |
| BSE 500 TRI | — | 0.86 | 0.67 | 0.03 | 10.45 | — | — | — | — | — |
| Equity: Thematic-Consumption | — | 0.97 | -0.89 | 2.52 | 9.88 | — | — | — | — | — |
| Rank within category | — | 7 | 10 | 7 | 2 | — | — | — | — | — |
| Number of funds in category | 21 | 24 | 24 | 24 | 24 | 17 | 11 | 11 | 9 | 7 |
Peer Comparison of Mirae Asset Nifty India New Age Consumption ETF Fund of 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 FoF Dir | Unrated | — | — | — | 0.28 | 16 | 0.76 | 0.05 (15) | 9M | — |
| Mirae Asset Great Consumer Dir | 4 star | -3.57 | 19.78 | 24.25 | 0.41 | 4,632 | 18.26 | 1.00 (365) | 12Y 9M | 44.00 |
| ICICI Pru Bharat Consumption Dir | 4 star | -3.57 | 18.65 | 22.52 | 1.08 | 3,183 | 17.01 | 1.00 (90) | 6Y 6M | 73.00 |
| SBI Consumption Opportunities Dir | 4 star | -11.14 | 16.08 | 26.34 | 0.91 | 3,180 | 16.57 | 0.10 (30) | 12Y 9M | 40.00 |
| Nippon India Consumption Dir | 4 star | -3.29 | 17.87 | 25.31 | 0.55 | 2,802 | 14.65 | 1.00 (30) | 12Y 9M | 26.00 |
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 ETF FoF
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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