The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Nifty India New Age Consumption ETF. There is no assurance that the investment objective of the Scheme will be realized

• India is currently 5th Largest Economy in the world and is expected to be the 3rd largest economy in the world by Financial Year 2030-2031. Consumption is expected to play a pivotal role in the same.
• India has one of the best demographic dividend with median age of 29yrs and 2/3rd of population under 35 years. Middle class comprises ~20% of total Households in India and this is expected to double to >40% over the next decade
• India has recently surpassed $2,000 per capita which has been an inflection point for acceleration in discretionary demand as the basic needs are already met. With rise of social media and growing influence of technology, aspirational Indians are now spending more, moving their consumption from unorganized to organized markets, favoring premium categories and often relying on credit.
• Nifty India New Age Consumption Index is designed to represent industries/sector that can be potentially aligned with rise in trend of spending more on discretionary items.
• The index aims to captures companies that cater to the discretionary and aspirational spending of the new generation.

• The Scheme would invest in stocks constituting the Nifty India New Age Consumption Index in the similar proportion (weightage) as in the Index and endeavour to track the benchmark index.
• Scheme may also invest in money market instruments, in compliance with Regulations. Money Market Instruments will include only treasury bills and government securities having a residual maturity up to one year, Tri-party Repo on government securities or T-bills and any other like instruments as specified by the Reserve Bank of India from time to time.