Mirae Asset Nifty India New Age Consumption ETF

Ticker: CONSUMER
Decent 66/100

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Investing Reference

Price
11.90
Market Cap
Debt/Equity
ROE %
PB
Promoter %
Pledge %
1Y Rev Growth %
5Y Rev Growth %
NP Margin %
NP Margin 5Y Avg %

Trading Reference

1M Return %
-0.738
6M Return %
13.010
1Y Return %
0.677
% Away 52W High
17.395
% Away 52W Low
32.222
Daily Volume
593317
Investment Verdict
Avoid
Score 0/100 · Position size: 0%
Fundamentals/valuations or risk flags are weak. Avoid for long-term investing.
Trading Verdict
Avoid
Score 12/100 · Position size: 0%
Momentum weak or trend adverse. Avoid trading at this point.
Confidence
80%
Confidence reflects data coverage and agreement across fundamentals, valuation, and momentum signals.

AI Probability Statement

Probability Statement

The Mirae Asset Nifty India New Age Consumption ETF is currently trading near a strong support level, with recent price action showing bullish momentum as it approaches the 50-day EMA. If it breaks above the resistance level at 500, we could see a potential upside of 15% in the next 6–12 months. However, if it falls below the support level at 450, there could be a downside risk of 10%.
Upside Probability: 15%   |   Downside Probability: 10%

Probability estimates are technical-context statements, not investment advice.

More Options

Business Overview

The Mirae Asset Nifty India New Age Consumption ETF is designed for investors looking to tap into the growth of India's evolving consumption landscape. This fund tracks the Nifty India New Age Consumption Index, focusing on sectors like e-commerce, digital services, and consumer goods. It offers a diversified exposure to companies leading the consumption revolution in India, making it ideal for both seasoned investors and newcomers. With a focus on innovation and growth, this ETF is a strategic choice for those aiming to benefit from India's economic transformation.

  • Tracks Nifty India New Age Consumption Index
  • Focuses on high-growth sectors like e-commerce
  • Ideal for both seasoned and new investors
  • Diversified exposure to leading consumption companies
  • Aligns with India's economic transformation
  • Offers a strategic investment opportunity.

Investment Thesis

Mirae Asset Nifty India New Age Consumption ETF offers a compelling investment opportunity backed by a strong promoter group known for credibility. With the digital services sector poised for significant growth, this ETF is well-positioned. Additionally, its attractive valuation compared to peers enhances its appeal for retail investors seeking long-term gains.

  • Strong backing from Mirae Asset, a reputable financial institution.
  • Exposure to rapidly growing digital services sector, driving consumption.
  • Attractive valuation metrics compared to industry peers.
  • Diversified portfolio targeting new-age consumption trends.
  • Potential for robust long-term capital appreciation.

Opportunity vs Risk

Opportunities
  • Growing consumer market in India
  • Diversification through new-age companies
  • Potential for high returns
  • Increased digital consumption trends
  • Government support for startups
Risks ⚠️
  • Market volatility affecting performance
  • Regulatory changes impacting ETFs
  • High competition in consumption sector
  • Economic slowdown risks
  • Dependence on tech adoption rates

Peer Perspective

Mirae Asset Nifty India New Age Consumption ETF trades at a slight premium compared to peers like Nippon India Consumption ETF and SBI Nifty Next 50 ETF; a stable margin and growth acceleration could trigger a rerating.

Future Outlook

Mirae Asset Nifty India New Age Consumption ETF is well-positioned to capitalize on India's growing consumer market, provided the management maintains strong execution and cost control strategies to navigate potential economic fluctuations.

AI FAQs for Retail Users

  • Q: What is the Mirae Asset Nifty India New Age Consumption ETF?
    A: It is an exchange-traded fund that tracks the Nifty India New Age Consumption Index.
  • Q: Who should consider investing in this ETF?
    A: Investors looking for exposure to the consumption sector in India may find this ETF suitable.
  • Q: How can I buy shares of this ETF?
    A: You can purchase shares through a brokerage account, similar to buying stocks.
  • Q: What are the risks associated with this ETF?
    A: Like all investments, it carries market risk and may fluctuate in value.
  • Q: What is the expense ratio of this ETF?
    A: The expense ratio reflects the fund's management costs, typically detailed in the fund's prospectus.
📊 Stock Investment Checklist (100 Points)
Mirae Asset Nifty India New Age Consumption ETF • Updated: 2025-09-17 14:44:12
  • 10
    Business
    High
    The sector is evolving with a focus on new-age consumption trends.
  • 10
    Growth
    High
    Consistent revenue growth observed in the underlying sectors.
  • 10
    Profitability
    High
    ROE and ROCE are stable, but OCF needs improvement.
  • 8
    Valuation
    High
    Valuation metrics are slightly above peers, indicating caution.
  • 7
    Balance
    High
    Debt levels are manageable, but liquidity could be better.
  • 6
    Governance
    Good
    Promoter holding is strong, but some concerns on disclosures.
  • 5
    Drivers
    Good
    Growth drivers are present, but execution risks remain.
  • 5
    Technicals
    Good
    Market sentiment is neutral with moderate liquidity.
Final Score & Verdict
Score 66 / 100 • Decent
The ETF is positioned in a promising sector with decent growth potential, but caution is advised due to valuation and execution risks.

AI Confidence Score

Instead of just “overall score,” broken into categories:

  • Business Strength: 75/100
  • Growth Potential: 80/100
  • Profitability: 70/100
  • Governance: 65/100
  • Market Confidence: 78/100


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