A market-linked pooled investment
The investment objective of the scheme is 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. There is no assurance that the investment objective of the Scheme will be achieved
Investors whose goal, horizon and risk capacity match the official scheme objective.
The scheme can lose value; study the portfolio, costs, liquidity and concentration before investing.
How the money may be invested
Units of Mirae Asset Nifty India New Age Consumption ETF 95% to 100% Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds 0 to 5%
- SEBI category
- Fund of Funds (Domestic)
- Fund type
- An open-ended fund of fund scheme investing in units of Mirae Asset Nifty India New Age Consumption ETF
- Primary benchmark
- Nifty India New Age Consumption TRI
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Ms. Ekta Gala & Mr. Vishal Singh
- Manager tenure on this scheme
- Since Ms. Ekta Gala (January 02, 2025) & Mr. Vishal Singh (March 25, 2026)
- Role / co-management
- Ms. Ekta Gala (Primary) & Mr. Vishal Singh (Fund Manager- ETF)
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Mirae Asset Nifty India New Age Consumption ETF Fund of Fund - Direct Plan - Growth | ₹9.8950 | 04 Sep 2026 |
| Mirae Asset Nifty India New Age Consumption ETF Fund of Fund - Direct Plan - IDCW | ₹9.8940 | 04 Sep 2026 |
| Mirae Asset Nifty India New Age Consumption ETF Fund of Fund - Regular Plan - Growth | ₹9.8300 | 04 Sep 2026 |
| Mirae Asset Nifty India New Age Consumption ETF Fund of Fund - Regular Plan - IDCW | ₹9.8310 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.58%, Direct 0.16%
- Exit load
- If redeemed within 15 Days from the date of allotment: 0.05%. If redeemed after 15 Days from the date of allotment: NIL.
- Minimum application
- 5000 · multiples of 1
- SIP frequency
- SIP - Monthly / Quarterly SWP - Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
- Minimum SIP amount
- 99
- Minimum instalments
- 5
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.