AMC
Mirae Asset Mutual Fund
Category
Fund of Funds Scheme (Domestic)
ISIN
INF769K01NP1

Mirae Asset Nifty India New Age Consumption ETF Fund of Fund

₹9.1850

−₹0.1230 (−1.32%)

NAV · Direct · Growth ·

Mirae Asset Nifty India New Age Consumption ETF Fund of Fund's Direct Growth NAV was ₹9.1850 on 19 Oct 2026, down 1.32% on the day. Its 1-year return is −9.80%.

52-week NAV range10.1% below high
₹8.0090₹10.2160
Expense ratio
—
Fund size
₹19.23 Cr
Min. investment
₹5,000

Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹8.0090 to ₹10.2160.

Direct · Growth plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.

Fund details

Expense ratio
—
Exit load
0.05% if redeemed within 15 days from allotment date, nil thereafter
Riskometer
Very high
Benchmark
Nifty India New Age Consumption TRI
Launched
12 Dec 2024
Fund managers
Ritesh Patel, Vishal Singh

Fund size, expense ratio and minimums as of 16 Oct 2026.

All plans

PlanISINNAV1 day1 year
Direct · GrowthINF769K01NP1₹9.1850−1.32%−9.80%
Regular · GrowthINF769K01NM8₹9.1200−1.33%−10.17%
Direct · IDCWINF769K01NR7₹9.1850−1.32%−9.80%
Regular · IDCWINF769K01NO4₹9.1210−1.32%−10.16%

All plans hold the same portfolio. They differ in costs and in how gains are handled (Growth reinvests, IDCW pays out).

About this fund

Mirae Asset Nifty India New Age Consumption ETF Fund of Fund is an open-ended mutual fund from Mirae Asset Mutual Fund, in the Fund of Funds Scheme (Domestic) category. It began on 12 Dec 2024. It is benchmarked to the Nifty India New Age Consumption TRI. The fund manages ₹19.23 Cr across its plans as of 16 Oct 2026. The minimum first investment is ₹5,000, and SIPs are available.

FAQs

What is the NAV of Mirae Asset Nifty India New Age Consumption ETF Fund of Fund?

The NAV of Mirae Asset Nifty India New Age Consumption ETF Fund of Fund (Direct · Growth) was ₹9.1850 on 19 Oct 2026, down 1.32% from the previous NAV.

What plans does Mirae Asset Nifty India New Age Consumption ETF Fund of Fund have?

Mirae Asset Nifty India New Age Consumption ETF Fund of Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.

What is the fund size (AUM) of Mirae Asset Nifty India New Age Consumption ETF Fund of Fund?

Mirae Asset Nifty India New Age Consumption ETF Fund of Fund manages ₹19.23 Cr across all plans as of 16 Oct 2026.

What returns has Mirae Asset Nifty India New Age Consumption ETF Fund of Fund delivered?

Mirae Asset Nifty India New Age Consumption ETF Fund of Fund returned −9.80% over 1Y. Past performance does not guarantee future returns.

What is the exit load of Mirae Asset Nifty India New Age Consumption ETF Fund of Fund?

Mirae Asset Nifty India New Age Consumption ETF Fund of Fund: 0.05% if redeemed within 15 days from allotment date, nil thereafter.

What is the minimum investment and SIP amount for Mirae Asset Nifty India New Age Consumption ETF Fund of Fund?

The minimum first investment in Mirae Asset Nifty India New Age Consumption ETF Fund of Fund is ₹5,000, and ₹1,000 after that. SIPs are available (SIP available Monthly/Quarterly with minimum Rs. 99, multiples of Re. 1, minimum 5 instalments. Dates: All except 29, 30, 31).

How risky is Mirae Asset Nifty India New Age Consumption ETF Fund of Fund?

Mirae Asset Nifty India New Age Consumption ETF Fund of Fund is rated "very high risk" on SEBI's riskometer.

Who manages Mirae Asset Nifty India New Age Consumption ETF Fund of Fund?

Mirae Asset Nifty India New Age Consumption ETF Fund of Fund is managed by Ritesh Patel, Vishal Singh.

For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

Full disclaimer

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