Widely used:
Analyst’s Choice
Recently Viewed
Clear AllValue Research Rating
Analyst’s Choice
Riskometer
Very High
₹9.0850 1.93%
As on 21-Apr-2025
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
|
Fund name
|
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Plan
|
|
Very High
|
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0.15 |
||
 |
|
Very High
|
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0.52 |
||
|
|
Very High
|
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1.28 |
||
|
|
Very High
|
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0.94 |
||
 |
|
Very High
|
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0.57 |
₹12 Cr
0.05 (15)
5,000
--
99
5
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.
Suitability
Consumption funds are suitable for investors:
Note:
Capital Gains Taxation
The following tax treatment is based upon last 12-months asset allocation and may vary from other funds in the category.
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Plan is mandated to invest at least 80 per cent of its assets in the shares of consumer-facing companies. Being a fund of funds, it invests its assets in a set of mutual fund schemes instead of the underlying securities directly.
Mutual funds can be bought directly from the website of the fund house. For instance, Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Plan fund can be purchased from the website of Mirae Asset Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Plan is ₹9.0850 as of 22-Apr-2025.
The AUM of Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Plan Fund is ₹12 Cr as of 31-Mar-2025
The riskometer level of Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Plan is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
99.12
|
As of 31-Mar-2025, Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Plan had invested 99.07% in Equity and 0.93% in Cash & Cash Eq. See More
Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Plan is 0 years 3 months old. It has delivered -9.15% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
--
|
--
|
--
|
--
|
--
|
-9.15%
|
No, There is no lock in period in Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Plan.
The expense ratio of Mirae Asset Nifty India New Age Consumption ETF FoF - Direct Plan is 0.15.
