
The current market price of Mirae Asset Nifty India New Age Consumption ETF is ₹11.29. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.
The Mirae Asset Nifty India New Age Consumption ETF, managed by Mirae Asset Investment Managers, aims to replicate the Nifty India New Age Consumption Total Return Index, reflecting a thematic investment style. With a fund size of ₹36.3 Cr as of September 2025, this ETF efficiently tracks the Nifty India New Age Consumption benchmark with a low expense ratio of 0.34%. The portfolio is heavily concentrated in equities at 99.91%, featuring top holdings like Titan Company Ltd. and Interglobe Aviation Ltd., highlighting a significant allocation to the automobiles and retailing sectors. Performance metrics show a tracking error of only 0.11%, indicating strong alignment with the benchmark, while the absence of one-year change data suggests stability in fund performance. Managed by Ms. Ekta Gala and Mr. Akshay Udeshi since December 2024, this ETF's operational efficiency is underscored by its minimal cash allocation and low expense ratio.
Mirae Asset Nifty India New Age Consumption ETF is designed to track Nifty India New Age Consumption (TRI), allowing investors to gain exposure to its underlying securities through a single investment.
The expense ratio of Mirae Asset Nifty India New Age Consumption ETF is 0.34%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.
The Assets Under Management (AUM) of Mirae Asset Nifty India New Age Consumption ETF is approximately ₹36.31. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.
Mirae Asset Nifty India New Age Consumption ETF is classified under the as per the risk-o-meter defined by the fund house risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.
The tracking error of Mirae Asset Nifty India New Age Consumption ETF is 0.11%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.
Mirae Asset Nifty India New Age Consumption ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.
Based on available data, Mirae Asset Nifty India New Age Consumption ETF has delivered the following returns: 1-year return: 0.18%. 3-year return: -7.69%. 5-year return: -7.69%. Past performance does not guarantee future results.
Before investing in Mirae Asset Nifty India New Age Consumption ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.
36
0.34%
0.11%
—
High Risk
0.16
—
9
12.9
1.035
—
Bearish
56.57
11.59
11.57
Allocation
Bearish
4
Neutral
8
Bullish
2
Bearish
23
Neutral
9
Bullish
14
Bearish
19
Neutral
1
Bullish
12
| Company | Weightage (%) |
| Titan Company Ltd. | 5.07% |
| Interglobe Aviation Ltd. | 5.02% |
| Maruti Suzuki India Ltd. | 5.01% |
| Eternal Ltd. | 4.99% |
| Mahindra & Mahindra Ltd. | 4.94% |
| Bharti Airtel Ltd. | 4.94% |
| Tata Motors Ltd. | 4.06% |
| Trent Ltd. | 4.00% |
| Dixon Technologies (India) Ltd. | 2.83% |
| Eicher Motors Ltd. | 2.75% |
-private-limited/mirae.avif)
AUM
₹ 36 Cr
Expense Ratio
0.34%
71.55
▲ 1.06%
11.29
▲ 3.01%
211.75
▲ 1.73%
1071.21
▲ 0.01%
611.36
▲ 2.96%
88.13
▲ 1.92%
40.62
▲ 1.42%
11.94
▲ 3.20%
12.89
▲ 1.90%
85.89
▲ 2.78%
30.65
▲ 3.09%
29.56
▲ 0.58%
24.69
▲ 3.39%
334.49
▲ 2.62%
28.54
▲ 2.96%
156.07
▲ 3.19%
166.17
▲ 0.00%
13.27
▲ 3.51%
47.49
▲ 2.77%
146.72
▲ 4.43%
253.99
▲ 15.16%
42.72
▲ 3.44%
43.93
▲ 3.10%
16.26
▲ 2.65%
277.94
▲ 2.52%
1000.00
▲ 0.00%
43.26
▲ 4.34%
707.42
▲ 2.79%
22.30
▲ 3.00%
25.65
▼ 1.19%
Performance
STEADY PERFORMER
Technicals
Bearish
Risk
—
Liquidity
NEUTRAL
Consistency
NEUTRAL