Kotak Nifty India Consumption ETF vs Mirae Asset Nifty India New Age Consumption ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Kotak Nifty India Consumption ETF is an ETF fund and Mirae Asset Nifty India New Age Consumption ETF is an ETF fund. In the year to 30-10-2026, Kotak Nifty India Consumption ETF returned −10.6% and Mirae Asset Nifty India New Age Consumption ETF returned −9.7%. Kotak Nifty India Consumption ETF charges 0.13% a year and Mirae Asset Nifty India New Age Consumption ETF 0.46%. Their portfolios overlap 50.4%: they hold 16 of the same securities.
Kotak Nifty India Consumption ETF
ETF
- 1 year return
- −10.6%
- Expense ratio
- 0.13%
- NAV
- ₹11.43
Mirae Asset Nifty India New Age Consumption ETF
ETF
- 1 year return
- −9.7%
- Expense ratio
- 0.46%
- NAV
- ₹11.12
Which is better, Kotak Nifty India Consumption ETF or Mirae Asset Nifty India New Age Consumption ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Nifty India New Age Consumption ETF returned more over 1 year: −9.7% against −10.6%.
- Kotak Nifty India Consumption ETF costs less: 0.13% a year against 0.46%.
- Kotak Nifty India Consumption ETF fell less in its worst fall since 27-12-2024: −18.1% against −21.9%.
- Kotak Nifty India Consumption ETF holds more in large companies: 88.1% of the fund in large caps against 53.9%.
- Mirae Asset Nifty India New Age Consumption ETF is the larger fund: ₹54 Cr against ₹32 Cr.
- Their portfolios overlap 50.4%: 16 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Kotak Nifty India Consumption ETF | Mirae Asset Nifty India New Age Consumption ETF |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Mirae Asset Mutual Fund |
| Category | ETF | ETF |
| AUM | ₹32 Cr (30-09-2026) | ₹54 Cr (30-09-2026) |
| NAV | ₹11.43 | ₹11.12 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Consumption TRI | Nifty India New Age Consumption TRI |
| Launch date | 28-07-2022 | 26-12-2024 |
| Minimum investment | Ongoing purchases directly from the Mutual Fund would be restricted to Market Makers/ Market Makers and Large Investors provided the value of units to be purchased in creation unit size or in multiples thereof. Market Makers and Large Investors may buy th | On exchange in multiple of 1 unit. With AMC: In multiples of 6,00,000 units |
| Lock in | None | None |
| Fund managers | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar | Ekta Gala, amp, Vishal Singh |
| Exit load | NIL | NIL |
Kotak Nifty India Consumption ETF vs Mirae Asset Nifty India New Age Consumption ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Kotak Nifty India Consumption ETF | +0.16% | −8.12% | −2.25% | −10.62% | +10.88% | -- | -- |
| Mirae Asset Nifty India New Age Consumption ETF | −1.58% | −7.58% | +1.62% | −9.69% | -- | -- | -- |
Kotak Nifty India Consumption ETF vs Mirae Asset Nifty India New Age Consumption ETF: Year-wise Returns
| Year | Kotak Nifty IndiaKotak Nifty India Consumption ETF | Mirae Asset Nifty India New AgeMirae Asset Nifty India New Age Consumption ETF |
|---|---|---|
| 2026to date | −9.12% | −6.27% |
| 2025 | +9.06% | +0.83% |
| 2024 | +19.55% | -- |
| 2023 | +27.67% | -- |
Kotak Nifty India Consumption ETF vs Mirae Asset Nifty India New Age Consumption ETF: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of Kotak Nifty India Consumption ETF
Rolling returns
Every 1-year holding period, 207 of them, one for each trading day from 29-12-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Kotak Nifty India Consumption ETF
Mirae Asset Nifty India New Age Consumption ETF
Nifty India Consumption TRI
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Nifty India Consumption ETF | 44.4 | 31.4 | 15.9 | 8.2 | 0.0 | 0.0 | 0.0 | 0.9% | 0.6% | −14.3% | 13.2% | 0% |
| Mirae Asset Nifty India New Age Consumption ETF | 47.8 | 36.2 | 13.5 | 2.4 | 0.0 | 0.0 | 0.0 | −0.1% | 0.3% | −12.7% | 12.2% | 38% |
| Nifty India Consumption TRI | 41.5 | 33.8 | 15.9 | 8.7 | 0.0 | 0.0 | 0.0 | 1.0% | 0.7% | −14.2% | 13.4% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty India Consumption TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 27-12-2024. Past returns do not promise future returns.
Kotak Nifty India Consumption ETF vs Mirae Asset Nifty India New Age Consumption ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Nifty India Consumption ETFKotak Nifty India Consumption ETF | ₹2,30,000 | ₹2,23,535 | −₹6,465 | −2.8% |
| Mirae Asset Nifty India New Age Consumption ETFMirae Asset Nifty India New Age Consumption ETF | ₹2,30,000 | ₹2,25,587 | −₹4,413 | −1.9% |
Kotak Nifty India Consumption ETFKotak Nifty India Consumption ETF
Mirae Asset Nifty India New Age Consumption ETFMirae Asset Nifty India New Age Consumption ETF
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Kotak Nifty India Consumption ETF vs Mirae Asset Nifty India New Age Consumption ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Nifty India Consumption ETF | Mirae Asset Nifty India New Age Consumption ETF |
|---|---|---|
| Return (CAGR) | −10.62% | −9.69% |
| Standard deviation | 15.10% | 18.53% |
| Sharpe ratio | -1.05 | -0.81 |
| Sortino ratio | -1.37 | -1.08 |
| Maximum drawdown | −17.3% (30-03-2026) | −21.1% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.05% | −0.33% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Nifty India Consumption ETF | Mirae Asset Nifty India New Age Consumption ETF |
|---|---|---|
| Return (CAGR) | +9.86% | −3.09% |
| Standard deviation | 12.94% | 18.45% |
| Sharpe ratio | 0.29 | -0.47 |
| Sortino ratio | 0.40 | -0.64 |
| Maximum drawdown | −21.9% (04-03-2025) | −21.9% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.20% | −0.35% |
From daily NAVs, 03-08-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Kotak Nifty India Consumption ETF
Mirae Asset Nifty India New Age Consumption ETF
Nifty India Consumption TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Nifty India Consumption ETF | −18.1% | 20-10-2025 | 30-03-2026 | Not yet | -- | −11.6% |
| Mirae Asset Nifty India New Age Consumption ETF | −21.9% | 18-09-2025 | 30-03-2026 | Not yet | -- | −10.6% |
| Nifty India Consumption TRI | −18.1% | 20-10-2025 | 30-03-2026 | Not yet | -- | −11.6% |
From daily values since 27-12-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Nifty India Consumption ETF
Mirae Asset Nifty India New Age Consumption ETF
Nifty India Consumption TRI
Against Nifty India Consumption TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Nifty India Consumption ETF | 100% | 100% | 0.05% |
| Mirae Asset Nifty India New Age Consumption ETF | 108% | 118% | 6.67% |
From month-end values since 27-12-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Kotak Nifty India Consumption ETF vs Mirae Asset Nifty India New Age Consumption ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty India Consumption ETF, September 2026; Mirae Asset Nifty India New Age Consumption ETF, September 2026
Holdings in common
- Overlap
- 50.4%
- Held by both
- 16
- Only in Kotak Nifty India Consumption ETF
- 14
- Only in Mirae Asset Nifty India New Age Consumption ETF
- 59
| Security | % of Kotak Nifty India Consumption ETF | % of Mirae Asset Nifty India New Age Consumption ETF |
|---|---|---|
| BHARTI AIRTEL LTD. | 10.14% | 5.06% |
| Mahindra & Mahindra Ltd. | 8.19% | 4.99% |
| ETERNAL LIMITED | 7.20% | 4.91% |
| Maruti Suzuki India Limited | 4.83% | 5.10% |
| TITAN COMPANY LTD. | 5.89% | 4.83% |
| Inter Globe Aviation Ltd | 3.51% | 4.66% |
| Bajaj Auto Ltd. | 3.69% | 3.46% |
| Eicher Motors Ltd. | 3.07% | 2.88% |
| TVS Motor Company Ltd. | 3.00% | 2.81% |
| TRENT LTD | 2.71% | 3.29% |
| INDIAN HOTELS CO LTD | 1.99% | 2.41% |
| Hero MotoCorp Ltd. | 2.11% | 1.99% |
| Avenue Supermarts Ltd | 1.91% | 2.31% |
| Dixon Technologies India Ltd | 1.69% | 2.26% |
| Info Edge India Ltd. | 1.47% | 1.78% |
| DLF LIMITED | 1.34% | 1.79% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 50.4% means 50.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Kotak Nifty India Consumption ETF
| Security | % of fund |
|---|---|
| ITC Ltd. | 7.87% |
| Hindustan Unilever Ltd. | 5.18% |
| Asian Paints(India) Ltd. | 3.37% |
| Nestle India Ltd. | 2.92% |
| Apollo Hospitals Enterprise Ltd. | 2.61% |
Largest holdings only in Mirae Asset Nifty India New Age Consumption ETF
| Security | % of fund |
|---|---|
| One 97 Communications Ltd. | 2.99% |
| HDFC Asset Management Co. Ltd. | 1.92% |
| Lenskart Solutions Ltd. | 1.89% |
| Tata Motors Passenger Vehicles Ltd. | 1.73% |
| FSN E-Commerce Ventures Ltd. | 1.65% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Nifty India Consumption ETF | Mirae Asset Nifty India New Age Consumption ETF |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | -0.0% |
Market cap of stocks
| Market cap | Kotak Nifty India Consumption ETF | Mirae Asset Nifty India New Age Consumption ETF |
|---|---|---|
| Large Cap | 88.1% | 53.9% |
| Mid Cap | 11.9% | 36.0% |
| Small Cap | 0.0% | 10.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Kotak Nifty India Consumption ETF | Mirae Asset Nifty India New Age Consumption ETF |
|---|---|---|
| Automobiles | 24.9% | 25.1% |
| Retailing | 13.3% | 19.9% |
| Consumer Durables | 10.9% | 13.5% |
| Diversified FMCG | 13.1% | 0.0% |
| Telecom - Services | 10.1% | 7.8% |
| Realty | 1.3% | 8.8% |
| Capital Markets | 0.0% | 7.9% |
| Healthcare Services | 6.0% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty India Consumption ETF vs Mirae Asset Nifty India New Age Consumption ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty India Consumption ETF | Mirae Asset Nifty India New Age Consumption ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.00% | 0.00% |
| Base expense ratio (Regular) | 0.08% | 0.29% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Kotak Nifty India Consumption ETF vs Mirae Asset Nifty India New Age Consumption ETF: Frequently Asked Questions
What is the difference between Kotak Nifty India Consumption ETF and Mirae Asset Nifty India New Age Consumption ETF?
Kotak Nifty India Consumption ETF is an ETF fund, Mirae Asset Nifty India New Age Consumption ETF is an ETF fund, run by Kotak Mahindra Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 50.4%. Kotak Nifty India Consumption ETF charges 0.13% a year and Mirae Asset Nifty India New Age Consumption ETF 0.46%.
Which has given higher returns, Kotak Nifty India Consumption ETF or Mirae Asset Nifty India New Age Consumption ETF?
Over 1 year: Kotak Nifty India Consumption ETF −10.62%, Mirae Asset Nifty India New Age Consumption ETF −9.69%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Nifty India Consumption ETF or Mirae Asset Nifty India New Age Consumption ETF?
Kotak Nifty India Consumption ETF charges less: 0.13% a year against 0.46%. These are the total expense ratios reported to AMFI.
How much do Kotak Nifty India Consumption ETF and Mirae Asset Nifty India New Age Consumption ETF overlap?
50.4%. They hold 16 of the same securities, the largest shared ones being BHARTIARTL, M&M, ETERNAL. From each fund's latest monthly portfolio.
Which is riskier, Kotak Nifty India Consumption ETF or Mirae Asset Nifty India New Age Consumption ETF?
On SEBI's riskometer, Kotak Nifty India Consumption ETF is rated Very High and Mirae Asset Nifty India New Age Consumption ETF Very High. Over 1 years, the standard deviation of daily returns was 15.10% and 18.53% a year.
Can I invest in both Kotak Nifty India Consumption ETF and Mirae Asset Nifty India New Age Consumption ETF?
Yes. 50.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Kotak Nifty India Consumption ETF and Mirae Asset Nifty India New Age Consumption ETF?
Kotak Nifty India Consumption ETF: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar. Mirae Asset Nifty India New Age Consumption ETF: Ekta Gala, amp, Vishal Singh.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.