Mirae Asset Nifty India New Age Consumption ETF FoF
Mirae Asset Nifty India New Age Consumption ETF FoF
Thematic-ConsumptionRank #8
Not Rated
NAV (2026-08-28)
₹10
AUM
₹25.2 Cr
Exp. Ratio: 0.57%
RISK LEVEL
Very High
Returns & Performance
1 Year1.72%0.99% vs cat avgRank #7
3 Year----
5 Year----
Since Launch-0.03%13.56% vs cat avg
Fund vs Category Average
1Y
1.72%+0.99%
Pros & Cons
Pros
✔Outperforms category avg on 1Y returns
✔No lock-in period
✔Decent 1Y category rank (#7)
✔Overall top-10 rank in category (#8)
Cons
✖3Y returns below category average
✖Returns since launch below category avg
ISININF769K01NM8
NAV₹10
NAV Date2026-08-28
AUM₹25.2 Cr
Expense Ratio0.57%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹99
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2007-11-30
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.
Exit Load0.05%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Vishal Singh
Mr. Singh has done B.Com, CA, CFA and FRM
Prior to joining Mirae Asset Mutual Fund, he was associated with NSE Indices Ltd. and Aranca (India) Private Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mirae Asset Nifty India New Age Consumption ETF FoF is ₹10 as of 2026-08-28.
Mirae Asset Nifty India New Age Consumption ETF FoF is classified as a Thematic-Consumption fund.
The Assets Under Management (AUM) of Mirae Asset Nifty India New Age Consumption ETF FoF is ₹25.2 Cr.
The expense ratio of Mirae Asset Nifty India New Age Consumption ETF FoF is 0.57%.
Mirae Asset Nifty India New Age Consumption ETF FoF is managed by Vishal Singh.
The minimum SIP investment for Mirae Asset Nifty India New Age Consumption ETF FoF is ₹99.
The exit load for Mirae Asset Nifty India New Age Consumption ETF FoF is 0.05%.
As per the SEBI Riskometer, Mirae Asset Nifty India New Age Consumption ETF FoF carries a Very High risk level.
Mirae Asset Nifty India New Age Consumption ETF FoF has delivered 1.72% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Mirae Asset Nifty India New Age Consumption ETF FoF was launched on 2007-11-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
