The Mirae Asset Nifty India New Age Consumption ETF, trading under the ticker IN:CONSUMER, is a dynamic investment vehicle specifically designed to capture the evolving landscape of India's consumer discretionary sector. This ETF offers investors a unique opportunity to tap into the country's burgeoning new-age consumption trends, which are reshaping the way consumers engage with products and services. By closely tracking the performance of the Nifty India New Age Consumption Total Return Index, the ETF aims to deliver returns that align with this index, before accounting for expenses and subject to tracking error.
Positioned within the sector-focused category, this fund zeroes in on the consumer discretionary segment, a niche that is gaining traction as India's middle class expands and disposable incomes rise. This creates a fertile ground for companies innovating in areas like e-commerce, digital entertainment, and lifestyle products, making the Mirae Asset Nifty India New Age Consumption ETF an appealing choice for investors looking to benefit from the growth potential in these emerging markets.
While the scheme does not guarantee or assure any returns, it provides a strategic entry point into a rapidly transforming sector that is poised for significant growth. Investors seeking to diversify their portfolios with a focus on India's consumption revolution will find this ETF both engaging and informative, offering a window into the future of consumer trends in one of the world's most dynamic economies.
Mirae Asset Nifty India New Age Consumption ETF (CONSUMER) Fund Flow Chart
Mirae Asset Nifty India New Age Consumption ETF (CONSUMER) 1 year Net Flows: 0
CONSUMER ETF FAQ
What was IN:CONSUMER’s price range in the past 12 months?
IN:CONSUMER lowest ETF price was 9.00 and its highest was 12.90 in the past 12 months.
What is the AUM of IN:CONSUMER?
Currently, no data Available
Is IN:CONSUMER overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does IN:CONSUMER pay dividends?
IN:CONSUMER does not currently pay dividends.
How many shares outstanding does IN:CONSUMER have?
Currently, no data Available
Which hedge fund is a major shareholder of IN:CONSUMER?
Currently, no hedge funds are holding shares in IN:CONSUMER