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

• 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.