Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Nifty India New Age Consumption ETF

Holds 75 companies worth ₹54.2 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹54.2 CrMirae Asset Nifty India New Age Consumption ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 9.0% on Aug 2026, ₹59.5 Cr.

  • Largest holding

    MARUTI SUZUKI INDA LIMITEDMARUTI SUZUKI INDA LIMITED is 5.1% of this scheme's NAV.

  • Fund manager

    Vishal SinghRuns it since 25 Mar 2026, as the fund house dates it. With Ritesh Patel (fund manager).

Overview(29 Jul 2026)

Fund managers2

  1. Vishal SinghFund manager · Mar 2026 · 9y · B.Com
  2. Ritesh PatelFund manager · Oct 2026 · 14y
  1. Ekta GalaDec 2024 – Oct 2026
  2. Akshay UdeshiDec 2024 – Mar 2026

Key facts

Benchmark
Nifty India New Age Consumption TRI (Total Return Index)
Risk
Very High
Expense
Regular 0.4% · Direct 0%
Exit load
Nil
Started
26 Dec 2024
Minimum
On exchange in multiple of 1 unit. With AMC: In multiples of 6,00,000 units

Source.Its Scheme Summary Document as of 29 Jul 2026 at AMFI.

What changed(8 changes)

Oct 2026

2 changes
  1. Ritesh Patel joined
    9 Octas fund manager
  2. Ekta Gala left
    9 Octran it as fund manager from Dec 2024

Jul 2026

1 change
  1. Expense ratio
    29 JulRegular 0.3% → 0.4%

Mar 2026

2 changes
  1. Vishal Singh joined
    26 Maras fund manager
  2. Akshay Udeshi left
    26 Marran it as fund manager from Dec 2024

Source.Its filings at NSE, since Feb 2025.

Fund managers over time(Dec 2024 – now)

  1. Vishal Singh
  2. Ritesh Patel
  3. Ekta Gala
  4. Akshay Udeshi
MainCoSlice20252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Feb 2025 – Jul 2026)

Every change to the expense ratio, newest first.
5 changesRegularDirectΔ pt
29 Jul 20260.40%0.00%0
29 Jan 20260.30%0.00%0
30 Nov 20250.31%0.00%0
22 Sept 20250.34%0.00%0
27 Feb 20250.33%0.00%–
Direct plan, 29 Jul 2026
0.00%
Regular plan 0.40% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(29 Jul 2026)

Objective

The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty India New Age Consumption Total Return Index, subject to tracking error. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open-ended scheme replicating/tracking Nifty India New Age Consumption Total Return Index
Benchmark
Nifty India New Age Consumption TRI (Total Return Index)

Asset allocation it may hold% of NAV

  1. Securities included in the Nifty India New Age Consumption Index
    Allowed95–100%
  2. Money market instruments* including Tri Party REPO/ debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds
    Allowed0–5%Holds0.0%

Holds in Sept 2026.100.0% equity

How to invest(29 Jul 2026)

Buying

To start
On exchange in multiple of 1 unit. With AMC: In multiples of 6,00,000 units
Most
Any Amount

Selling and switching

Scheme details(29 Jul 2026)

What it is

Category
Other ETFs
Offer
12 Dec 2024 to 20 Dec 2024
Started
26 Dec 2024
Reopened
27 Dec 2024
Plans
Regular Plan - Growth
Face value
₹1,000
Listed
NSE & BSE

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
SBI – SG Securities Pvt. Ltd., Mumbai
Auditor
M/s. Chokshi & Chokshi
Registrar
KFIN Technologies Limited
SEBI code
MIRA/O/O/EET/24/11/0076