Mirae Asset Nifty 200 Alpha 30 ETF · NSE:ALPHAETF
Mirae Asset Nifty 200 Alpha 30 ETF — Mirae Asset Great Consumer Fund — Investor Presentation (July 2026)
54 slides from Mirae Asset Nifty 200 Alpha 30 ETF's investor presentation, July 2026
Slide 1: Mirae Asset Great Consumer Fund
Mirae Asset Great Consumer Fund (Sector/Thematic Fund -An open ended equity scheme following consumption theme) July 2026 Mirae Asset Mutual Fund -SEBI/MF/055/07/03
Slide 2: Agenda
Consumption Universe In India Macro Growth Drivers Constituents of Investment Theme: Where do you invest and Why? Consumption Sector Consumer Sector Review and Outlook Consumption Index Understanding Mirae Asset Great Consumer Fund Our Journey
Slide 3: Consumption Universe in India
Consumption Universe in India
Slide 4: Constituents of Consumption Sector
Constituents of Consumption Sector Consumer markets are changing dynamically in the face of continuous disruption. India’s consumer market can be Categorised into: FMCG & Services Retail Consumer Durables E-Commerce Home Improvements Services Packaged Foods Fashion White goods Food tech Home Furnish
Slide 5: Macro Growth Drivers
Macro Growth Drivers
Slide 6: Boosters for Consumption Sector
Boosters for Consumption Sector Fastest Growing Nation of Growing Urbanisation Economy The Young Connectivity 5 USD Trillion 40 Percent Of Indians 28 Median Age 1+ Billion Of Indians Govt’s plan of USD 5Tn May live in urban areas by Generation Z and Might have internet access economy by 2028^ 2030 a
Slide 7: India, A Substantial Growth Opportunity, Isn't It?
India, A Substantial Growth Opportunity, Isn’t It? India’s Gross Domestic Product (GDP) Growth 5.0* (Unit : USD Trillion) 2.7 2.0 1 0.5 0.03 1950 2001 2006 2014 2019 2028E 56 years 8years 5years ~10years (Since Independence) • 1st trillion took 56 years, 2nd took 8 years. • India’s structural growth
Slide 8: Favorable Demographics Will Support Long Term Growth
Favorable Demographics Will Support Long Term Growth Projected population of India & China (Million) Median Age population (2020 Years) Share of working age population in total population(%) India China World India China Brazil India 28.4 75% Mexico 29.2 29.7 1,500 70% Indonesia World 30.9 Populatio
Slide 9: Urbanisation Trends
Urbanisation Trends Urban-Rural Population Growth 17% 18% 20% 23% 26% 28% 31% 34% 38% Rural 83% 82% 80% 77% 74% 72% 69% 66% 62% Urban 1951 1961 1971 1981 1991 2001 2011 2021 2031e Source: UN World Population Prospects, IndiaDataHub, Macquarie Research, e: Estimated
Slide 10: Rising Income Trends
Rising Income Trends Rising Income Trends Households Total: 291mm Total: 293mm Total: 386mm High High Income & Upper 8 Mn 29 Mn (>US$40k, `30L) 1 Mn Middle Income Segment (1%) (3%) (%) Upper-Mid 1 in 4 (>US$8k, `6L) 16 Mn (7%) 61 Mn (21%) 168 Mn (44%) households today Lower-Mid 1 in 2 51 Mn (23%) 97
Slide 11: How Indian Consumer has Evolved
How Indian Consumer has Evolved Then Now Gen Z and Millennials • Fulfilling wants Baby Boomers & Gen X • Aspirational • Fulfilling basic needs • Consumer Finance • Save first and purchase later Shopping online Shopping from offline stores (Kirana stores) Social Media influence Joint Family Nuclear F
Slide 12: Investment Universe of Consumption Theme: New Opportunities Emerging
Investment Universe of Consumption Theme: New Opportunities Emerging Current Investment Universe Potential Additions to Universe FMCG Banking Quick Food Delivery Lab grown Commerce Service diamond Autos Retail Value Consumer Durables Building Materials Stationery Beauty Fashion E- Commerce Logistics
Slide 13: India's Consumption Is Skewed Towards Basics
India’s Consumption Is Skewed Towards Basics, Discretionary Spends Set To Gain Share *PCE India China Korea Japan USA per capita US$1,319 US$14,573 US$42,916 US$3,993 US$21,847 0% Looking Better Looking better Looking Better Looking Better Cosmetics And Personal Care Looking Better Cosmetics And Per
Slide 14: Investment Theme: Where do you invest and Why?
Investment Theme: Where do you invest and Why?
Slide 15: Key Themes
Key Themes FMCG- Consumer Real Estate Stock selective Discretionary- Auto New Age Upcycle approach At inflection point Source : Internal. The sector(s)/stock(s)/issuer(s) mentioned herein do not constitute any research report/recommendation of the same and the Fund may or may not have any future pos
Slide 16: FMCG Sector: Still Has Large Room To Grow
FMCG Sector: Still Has Large Room To Grow... An average Indian spends a fraction of what is spend by their emerging peers: Indonesia/China spends 2.2x/2.7x FMCG Per Capita Consumption 9.5x 5.5x 2.7x 2.2x 1.8x 1x 0.6x India India India Indonesia China Philippines Thailand (rural) (average) (urban) So
Slide 17: Premiumisation is driving growth
Premiumisation is driving growth Body Wash is now Detergent liquid is Semi-premium & 5% share of now ~10% of above Whisky has personal wash laundry industry increased to ~35% now vs 18% in CY13 Source: Internal Latest data available
Slide 18: FMCG Sector: Maintaining selective approach to stocks
FMCG Sector: However, we are maintaining selective approach to stocks FMCG sector is at best ~1x GDP growth; however few Over last decade FMCG sector has seen significant margin sub-categories do outperform GDP growth expansion; hereon earnings may be driven by sales growth Category Sales CAGR% (FY1
Slide 19: Consumer Discretionary: India's consumption at an inflection point
Consumer Discretionary: India’s consumption at an inflection point >$2000 per capita has been the inflection point for As per capita income grows share of discretionary consumption discretionary consumption in other EMs rises as basic consumption growth has already been met India per capita income (
Slide 20: Household Consumption Expenditure Survey
Household Consumption Expenditure Survey: Composition Of MPCE Between Food And Non-food Categories Rural Urban 100 100 90 90 80 80 41 47 43 47 54 52 56 70 59 57 61 70 60 60 50 50 40 40 59 53 57 53 47 48 44 30 41 43 39 30 20 1999 -2000 2004 -05 2009 - 10 2011 -12 2022 -23 1999 -2000 2004 -05 2009 - 1
Slide 21: Consumer Discretionary: Penetration Story
Consumer Discretionary: Penetration Story 50 % 10 % 40 % 8 % 67 % 15 % Two Wheelers Cars Refrigerators Air conditioners Televisions Washing Machine Source: Macquarie Equity Research, as on Dec 2023
Slide 22: Consumer Discretionary: Organised retail is under-penetrated
Consumer Discretionary: Organised retail is under-penetrated Category ($ bn) FY19 FY24 FY29 CAGR (FY 19-29) Overall retail market 689 916 1500 6-7% Grocery 454 568 838 6% Apparel 52 71 116 8% Jewellery 54 80 165 12% Food Services (Restaurants) 48 70 120 9% Organized Category Share (%) FY19 FY24 FY29
Slide 23: Real Estate Upcycle – Turnaround After a Decade (1/2)
Real Estate Upcycle – Turnaround After a Decade (1/2) Completion trajectory is expected to be 2x to 1397msf in FY27E from 687msf in FY23 in both tier 1 and tier 2 cities 1600 1,397 1400 1200 Marginal Standing Facility 1,100 1000 932 790 800 687 611 626 587 578 579 600 548 531 446 387 401 400 282 220
Slide 24: Real Estate Upcycle – Building materials proxy play (2/2)
Real Estate Upcycle – Building materials is a good proxy play (2/2) Tiles Pipes Sanitary Ware Wood Panel Electricals White Goods Paint Year 0 Year 1 Year 2 Year 3 Year 4 Completion Source: Internal. The above table signifies the particular years the building materials will be required in the real es
Slide 25: SUVs now contribute >50% of PV volumes
Strong premiumisation trend in PVs SUVs now contribute >50% of PV volumes Category - wise penetration FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25E 60.0 50.0 40.0 30.0 20.0 26.1 18.3 22.7 22.3 31.8 40.5 44.9 52.1 56.0 46.8 50.0 47.9 47.1 45.9 37.6 34.4 27.7 23.5 10.0 - Hatchbacks SUVs Source: SIAM,
Slide 26: EVs are gaining share in 2Ws while premium motorcycles resilient
EVs are gaining share in 2Ws while premium motorcycles resilient Premium Motorcycles penetration (%) 15.3 15.5 15.1 15.1 15.0 14.6 14.3 14.4 14.5 14.2 14.2 14.0 13.3 13.5 13.0 12.5 12.0 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25E 7.0 E-2W Penetration (%) 6.0 5.0 4.0 3.0 2.0 1.0 0.0 FY19 FY20 FY21
Slide 27: New Age: Digital penetration has been key enabler (1/2)
New Age: Digital penetration has been key enabler (1/2) India Online consumer funnel China Online consumer funnel (Millions of population, % of population) (Millions of population, % of population) 2020 2025P 2020 Access to Internet 660-690 970-1000 950-1000 (% of Total Population) 48-50% 67-69% 68-
Slide 28: New Age: Massive scope for online penetration (2/2)
New Age: Massive scope for online penetration across categories (2/2) E-commerce Penetration of categories % Penetration Year India China USA BPC (Beauty & Personal care) 2021 8% 35-40% 20-25% Online Fashion 2020 8% 35-40% 30-35% Food Delivery (as % of people with access to internet) 2021 8% 53% 38%
Slide 29: Consumer Sector Review and Outlook
Consumer Sector Review and Outlook
Slide 30: Consumption is below pre-pandemic path
Consumption is below pre-pandemic path Personal Consumption Expenditure (PCE) in Nominal terms (in %) 210 190 16% gap 13% CAGR 170 COVID Shock 150 10% CAGR* 130 110 90 70 2017 2018 2019 2020 2021 2022 2023 2024 Actual PCE Growth Trendline PCE Growth Source: Spark Capital Research, Internal, data as
Slide 31: Inflation has moderated – Headline trending below 4%
Inflation has moderated – Headline trending below 4% Core Inflation Headline Inflation Repo Rate 9.00% 8.00% 7.00% 6.00% 5.52 5.25% 5.00% 4.45% 4.00% 3.00% 2.00% 1.00% 0.00% Source: MOSPI, Mirae Asset Internal Research, Data as on July 31, 2026
Slide 32: Consumers have more avenues to spend
Consumers have more avenues to spend Consumer wallets seems to be shifting at a faster pace towards emerging categories which in-turn is impacting traditional categories Old age consumption spends New age consumption spends Particulars - Values in Rs bn 2015 2019 15-19 CAGR 2024 19-24 CAGR Particula
Slide 33: K-Shaped Demand Recovery post covid
K-Shaped Demand Recovery post covid luxury Jewellery real estate Gourmet Premium dinning footwear FMCG QSR White goods Apparel
Slide 34: Government measures to boost consumption
Government measures to boost consumption Higher disposable income Household income of Rs1.2mn-5mn are biggest beneficiaries ($10-$12 B annually) due to personal income tax relief Income slab Budget FY25 Budget FY26 Difference 0-3l 0.00% 0.00% 0.00% 3l-4l 1.30% 0.00% 1.30% Salary increase for 10M+ mi
Slide 35: Consumer Sector enjoys stable earnings and high dividend payout & RoE
Consumer Sector enjoys stable earnings and high dividend payout & RoE PAT CAGR Avg. Dividend Payout Avg. RoE PE Rerating Auto 17% 28% 26% 6% Capital Goods 11% 24% 20% 7% FY10-19 Cement 6% 30% 15% 11% Consumer 15% 47% 39% 10% Industrials 7% 21% 16% 2% IT 17% 34% 28% -1% Metals 7% 35% 13% -3% O&G 11%
Slide 36: Consumption Index
Consumption Index
Slide 37: Nifty India Consumption Index vs Other Indices
Nifty India Consumption Index vs Other Indices – Last 10 Years Nifty 100 (TRI) Nifty India Consumption Index (TRI) ₹ 450.00 ₹ 400.00 348 ₹ 350.00 392 Rebased NAV to 100 ₹ 300.00 ₹ 250.00 ₹ 200.00 ₹ 150.00 ₹ 100.00 ₹ 50.00 ₹ 0.00 Past performance may or may not sustain in future. Source: AceMF, Data
Slide 38: Nifty India Consumption Index vs Other Indices - Comparison
Nifty India Consumption Index vs Other Indices - Comparison Even after having sectoral allocations, Nifty India Consumption Index (TRI) has lower Standard Deviation compared to that of Nifty 100 (TRI) & Nifty 500 (TRI). – (Standard Deviation based on rolling returns for respective for 5 yr, 7yr, 10y
Slide 39: Performance of Consumption and FMCG sector vs. other sectors
Performance of Consumption and FMCG sector vs. other sectors High 20 13 20 14 20 15 20 16 20 17 20 18 20 19 20 20 20 21 20 22 20 23 20 24 CY 20 25 YTD 20 26 IT Bank Media Metal Realty IT Realty Pharma Metal Metal Realty Pharma Metal Metal Pharma Financial Pharma Energy Metal FMCG Financial IT IT Ban
Slide 40: Understanding Mirae Asset Great Consumer Fund
Understanding Mirae Asset Great Consumer Fund
Slide 41: Mirae Asset Great Consumer Fund
Mirae Asset Great Consumer Fund Investments in Fund Equity & equity related securities of companies benefiting directly or indirectly from consumption led demand in India. Investment- Framework* • Aims to capture growth from a broad range of sectors. • Portfolio will comprise of growth companies whi
Slide 42: Investment Framework
Investment Framework The Fund seeks to invest in a basket of stocks benefiting either directly or indirectly from consumption led demand in India. Endeavour to maintain a concentrated portfolio of 30 – 40 stocks, in sectors like FMCG, Autos, Realty, Healthcare, E-commerce, Media & Entertainment, Tel
Slide 43: Portfolio Psychographics
Portfolio Psychographics Portfolio Top 10 Holdings % Allocation Con ce n tration Allocation Top 5 34.44% Eternal Ltd. 7.47% Top 10 53.86% Mahindra & Mahindra Ltd. 7.24% Top 15 66.01% Maruti Suzuki India Ltd. 6.78% Titan Company Ltd. 6.77% Current Market Cap Allocation* Bharti Airtel Ltd. 6.18% 0.91%
Slide 44: Scheme Positioning – Sector OW/UW
Scheme Positioning – Sector OW/UW* Sector Portfolio Weight (%) Benchmark Weight (%)* Overweight/Underweight (%) Auto OEM 18.79 24.28 -5.49 FMCG 12.41 17.13 -4.72 Telecom 6.06 9.86 -3.80 Tobacco 3.87 8.32 -4.45 Cons. Services 9.67 5.76 3.91 Retail Jewel 9.01 5.47 3.53 Retail 17.23 5.41 11.82 Hospital
Slide 45: Sector Holdings Rationale
Sector Holdings Rationale Sectoral Comments OVERWEIGHT Consumer Discretionary Cyclical recovery underway; Longevity of growth as underpenetrated New Age (E-com) Underpenetrated; focusing on path to profitability Building Materials Beneficiary of real estate upcycle ; Unorganised to organised share g
Slide 46: Our Journey
Our Journey
Slide 47: Mirae Asset Great Consumer Fund Journey
Mirae Asset Great Consumer Fund Journey Mirae Asset Great Consumer Fund (In Rs.) Nifty India Consumption Index (TRI) 1200.00 1000.00 941 800.00 837 600.00 400.00 200.00 0.00 Fund NAV (Rebased to 100) Vs Benchmark* (Rebased to 100) Past Performance may or may not be sustained in future. NAV has been
Slide 48: Mirae Asset Great Consumer Fund - Ratios
Mirae Asset Great Consumer Fund - Ratios Rolling Returns Since Inception*(%) Equity Ratios^ 3 Years 5 Years PE Ratio 50.67 More than 8% 93.12% 97.26% PB Ratio 8.40 More than 10% 92.19% 95.26% Sharpe Ratio 0.33 More than 15% 72.04% 68.09% Turnover ratio 0.48 times Beta 0.97 Information Ratio -0.61 Pa
Slide 49: Lumpsum Report Card
Mirae Asset Great Consumer Fund – Lumpsum Report Card Past Performance may or may not be sustained in future. Source: AceMF, Data as on July 31 , 2026. Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option. ret
Slide 50: SIP Report Card
Mirae Asset Great Consumer Fund – SIP Report Card Past Performance may or may not be sustained in future. Source: AceMF, Data as on July 31 , 2026 Benchmark- Nifty India Consumption Index (TRI), Additional Benchmark- BSE Sensex (TRI) Please visit the website for more details https://www.miraeassetmf
Slide 51: Product Labelling
Product Labelling PRODUCT LABELLING Mirae Asset Great Consumer Fund This product is suitable for investors who are seeking* « Long term capital appreciation Schomo Riskomotor sae ira a ae , ws ’ or. % Thematic fund investing in equity & equity related securities of companies yw, cn benefiting direct
Slide 52: Disclaimers and Product Labelling
Disclaimers and Product Labelling Statutory Details: Trustee: Mirae Asset Trustee Company Private Limited; Investment Manager: Mirae Asset Investment Managers (India) Private Limited (AMC); Sponsor: Mirae Asset Global Investments Company Limited. The information contained in this document is compile
Slide 53: For More Information, follow mentioned links
For More Information, follow mentioned links- Click Icons to know more Calculators Collaterals Our Funds Follow us on: Contact your financial advisor or 1800-2090-777 (Toll Free) Mon-Sat: 9 am-6 pm customercare@miraeasset.com mutual fund distributor for details
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