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Mirae Asset Nifty India New Age Consumption ETF FoF

Mirae Asset Nifty India New Age Consumption ETF FoF

Fund Overview

Expense ratio 0.25% as on Aug 31, 2025
Exit load 0.05%
AUM (Fund size) ₹15 Cr
Lock-in Period Nil
Age 9 m since Dec 12, 2024
Benchmark Nifty India New Age Consumption TRI
Min. investment Lumpsum: ₹5000
Risk Very High
Short term capital gains (STCG) Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG) After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Peer Comparison

Fund Name 1M 6M 1Y 3Y 5Y 10Y
Mirae Asset Nifty India New Age Consumption ETF FoF 0.22% 13.91% N.A. N.A. N.A. N.A.
ICICI Prudential BHARAT 22 FOF 4.22% 5.17% -8.87% 28.72% 34.72% 12.55%
Motilal Oswal Nifty Bank Index Fund 1.35% 6.26% 3.34% 13.75% 20.87% 7.12%
ICICI Prudential Nifty Auto Index Fund 6.05% 25.1% -1.55% 28.31% 16.13% 7.77%
Kotak Nifty Financial Services Ex-Bank Index Fund 3.28% 10.63% 4.91% 15.03% 8.77% 4.29%
Navi Nifty India Manufacturing Index Fund 3.5% 13.07% -5.13% 22.69% 12.48% 6.05%
Fund Name Std. deviation Beta Sharpe Sortino
Mirae Asset Nifty India New Age Consumption ETF FoF N.A. N.A. N.A. N.A.
ICICI Prudential BHARAT 22 FOF 17.06 1.14 1.04 1.74
Motilal Oswal Nifty Bank Index Fund 13.12 0.99 0.41 0.89
ICICI Prudential Nifty Auto Index Fund N.A. N.A. N.A. N.A.
Kotak Nifty Financial Services Ex-Bank Index Fund N.A. N.A. N.A. N.A.
Navi Nifty India Manufacturing Index Fund 15.20 1.05 0.84 1.20
Fund Name AUM Fund Age Expense Ratio
Mirae Asset Nifty India New Age Consumption ETF FoF 15 Cr 9 m 0.25%
ICICI Prudential BHARAT 22 FOF 2,265 Cr 7 yrs 3 m 0.12%
Motilal Oswal Nifty Bank Index Fund 607 Cr 6 yrs 1 m 0.26%
ICICI Prudential Nifty Auto Index Fund 150 Cr 3 yrs 0.4%
Kotak Nifty Financial Services Ex-Bank Index Fund 68 Cr 2 yrs 2 m 0.22%
Navi Nifty India Manufacturing Index Fund 63 Cr 3 yrs 1 m 0.41%

Best Mutual Funds for 2025

Mutual Fund AUM 1Y Returns 5Y Returns
Mirae Asset Midcap Fund 16,807 Cr -3.24% 27.32%
Mirae Asset Great Consumer Fund 4,552 Cr -6.85% 23.7%
Mirae Asset ELSS Tax Saver Fund 25,562 Cr -1.82% 21.97%
Mirae Asset Large & Midcap Fund 40,020 Cr -3.74% 21.85%
Mirae Asset Diversified Equity Allocator Passive FoF 890 Cr -5.42% 19.83%
Mirae Asset Healthcare Fund 2,796 Cr -2.15% 18.67%