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Mirae Asset Nifty India New Age Consumption ETF FoF Direct Growth
Equity
Thematic
Very High Risk
NAV: 20 Feb '26
₹9.39
Min. for SIP
₹99
Fund size
₹18.09 Cr
Expense ratio
0.21%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹14,914 | -0.57% | |
| 6 months | ₹30,000 | ₹30,105 | +0.35% | |
| 1 year | ₹60,000 | ₹63,014 | +5.02% |
Holdings (1)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Mirae Asset Nifty India New Age Consumption ETF-Growth | NA | Mutual Fund | 100.58% |
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹99
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | -4.8% | -0.8% | +8.7% | -4.7% |
| Category average (Equity Thematic) | -- | -- | +1.7% | -- |
| Rank (Equity Thematic) | 18 | 17 | 7 | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 0.05%, if redeemed within 15 days.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Fund management
EGEkta GalaDec 2024 - PresentView details
EG
Ekta Gala
Dec 2024 - Present
View details
AUAkshay UdeshiDec 2024 - PresentView details
AU
Akshay Udeshi
Dec 2024 - Present
View details
About Mirae Asset Nifty India New Age Consumption ETF FoF Direct Growth
Mirae Asset Nifty India New Age Consumption ETF FoF Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Ekta Gala is the Current Fund Manager of Mirae Asset Nifty India New Age Consumption ETF FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,21,014 Cr and the Latest NAV as of 20 Feb 2026 is ₹9.39.
The Mirae Asset Nifty India New Age Consumption ETF FoF Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.05%, if redeemed within 15 days.
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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.
Fund benchmarkNifty India New Age Consumption Total Return Index
Fund house
Rank (total assets)#13 in India
Total AUM₹2,21,013.51 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,