The current market price of Mirae Asset Nifty India New Age Consumption ETF is ₹12.19. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Mirae Asset Nifty India New Age Consumption ETF by Mirae Asset Investment Managers (India) Private Limited is an Equity Passive scheme tracking the Nifty India New Age Consumption (TRI) benchmark. The fund pursues passive replication of the Nifty India New Age Consumption (TRI) via full index exposure, maintaining tracking error of 0.1% which signals tight benchmark alignment and efficient replication. Portfolio concentrates in Automobiles (25.4%), Retailing (18.5%) and Consumer Durables (14.2%), with top holdings Mahindra & Mahindra 5.1%, Titan 5.1%, Maruti Suzuki 5.0% and Bharti Airtel 5.0%, reflecting sector skew. Performance shows 1Y: -1.4% reflecting the fund's near-benchmark returns; longer-term CAGRs unavailable, while low tracking error underpins consistent replication of the underlying Nifty India New Age Consumption index and transparency. Operationally the fund has AUM ₹40.5 Cr, expense ratio 0.3%, equity allocation 100.0% with minimal cash, and is managed by Ms. Ekta Gala and Mr. Akshay Udeshi since Dec 2024.

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 0.31%. 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 ₹40.54. 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 0.09%. 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: 5.00%. 3-year return: -0.33%. 5-year return: -0.33%. 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.