ReviewDirect · Growth
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund
Mirae Asset Mutual FundFund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)1.7 years
- NAV
- 9.548
- 15 Sept 2026
- 1Y
- -3.7%
- Trailing CAGR
- AUM
- ₹25.2 Cr
- 31 Aug 2026
- Volatility
- High
- 18.4% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-3.7%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI-2.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.8%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- -2.2%
- Calendar-day CAGR
- Excess 1Y
- -9.9%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 78 days
- 2 recovered episodes
- Longest recovery
- 151 days
- Trough to prior peak
- Current spell
- 358 days
- Days below latest peak
- Time below peak
- +99%
- NAV observations
18 Sept 2025 – open
Trough 30 Mar 2026 · not recovered
-21.9%
3 Jan 2025 – 5 Sept 2025
Trough 7 Apr 2025 · recovered in 151 days
-18.7%
8 Sept 2025 – 16 Sept 2025
Trough 11 Sept 2025 · recovered in 5 days
-0.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
14
Vs category
0
Consistency
0
Risk-adjusted
9
Drawdown
45
Mean
14
Portfolio
31 Aug 2026 · 2 holdings.
- Top 5
- n/a
- Top 10
- n/a
- Largest holding
- 99.5%
- Effective holdings
- 1.0
Mirae Asset Nifty India New Age Consumption ETF-Growth
Unspecified
99.5%
Repo
Unspecified
0.7%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 11 Sept 2026
Review
Engine status
Review
Closer look
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
No supporting reads in the current evidence set.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Groww Nifty 500 Momentum 50 ETF FOF
Groww Mutual Fund
- 1Y
- +1.2%
- 3Y
- n/a
- Vol
- 17.6%
- Max DD
- -17.3%
- Sharpe
- 0.07
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund
Mirae Asset Mutual Fund
- 1Y
- -8.0%
- 3Y
- +6.3%
- Vol
- 14.0%
- Max DD
- -17.9%
- Sharpe
- 0.41
- 3Y win
- +20%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
UTI Income Plus Arbitrage Active Fund of Fund
UTI Mutual Fund
- 1Y
- +5.6%
- 3Y
- n/a
- Vol
- 0.9%
- Max DD
- -0.3%
- Sharpe
- 0.83
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Axis Multi Factor Passive FoF
Axis Mutual Fund
- 1Y
- -1.1%
- 3Y
- +7.4%
- Vol
- 12.4%
- Max DD
- -22.0%
- Sharpe
- 0.39
- 3Y win
- +0%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown
Groww Nifty EV & New Age Automotive ETF FOF
Groww Mutual Fund
- 1Y
- -0.7%
- 3Y
- n/a
- Vol
- 18.3%
- Max DD
- -31.3%
- Sharpe
- -0.29
- 3Y win
- n/a
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown