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Mirae Asset Great Consumer Fund Direct-Growth
NAV as of(Aug 11, 2023)
₹ 78.52 -0.35 % 1-D Change
Returns 
18.05% p.a.
You get upto 1.47%extra returns
- Monthly SIP
Monthly SIP is not available for this fund - Lumpsum Lumpsum is not available for this fund
₹
Minimum SIP amount is ₹
₹
Minimum Lumpsum amount is ₹
This fund vs
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Scheme Details
| VRO Rating | |
| Expense ratio | 0.49% As on Jun 30, 2023 |
| Exit Load | 1.0% |
| AUM (Fund Size) | ₹ 2,553 Crs |
| Lock-in | No Lockin |
| Age | 10 yrs 7 m Since Jan 01, 2013 |
| Benchmark | NIFTY India Consumption TRI |
| Min. Investment | SIP ₹1000 & Lumpsum ₹5000 |
About Mirae Asset Great Consumer Fund
Mirae Asset Great Consumer Fund Direct-Growth is a Thematic-Consumption mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 10 yrs 7 m, having been launched on 01/01/2013. Mirae Asset Great Consumer Fund Direct-Growth has ₹2,553 Crores worth of assets under management (AUM) as on 30/06/2023 and is medium-sized fund of its category. The fund has an expense ratio of 0.49%, which is less than what most other Thematic-consumption funds charge.
.....- Mirae Asset Great Consumer Fund Direct-Growth returns of last 1-year are 18.98%. Since launch, it has delivered 18.07% average annual returns. The fund has doubled the money invested in it every 3 yrs.
- Mirae Asset Great Consumer Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
- The fund has the majority of its money invested in Consumer Staples, Services, Automobile, Materials, Financial sectors. It has taken less exposure in Consumer Staples, Services sectors compared to other funds in the category.
- The fund's top 5 holdings are in ITC Ltd., Hindustan Unilever Ltd., Titan Company Ltd., Bharti Airtel Ltd., United Spirits Ltd..
Investment Returns Calculator
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Category Average | |||
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Latest Asset & Portfolio Allocation
as on Jul 31, 2023Top Stock Holdings
Allocation by Market Cap
Large Cap 63.59%
Mid Cap 11.53%
Small Cap 22.55%
Other Cap -0%
Allocation by Sector
Consumer Staples 30.31%
Services 17.67%
Automobile 14.33%
Materials 10.81%
Top Debt Holdings
Bifurcation by Holding is not available for this fund
Allocation by Credit Quality
Bifurcation by Credit Quality is not available for this fund
Allocation by Instruments
Repo 2.75%
Mutual Fund 0.01%
Other Holdings
Others 2.75%
Mirae Asset Cash Management Direct-Growth 0.01%
Want to know in detail about the portfolio of this fund?
Comparison with thematic-consumption Funds
as on Aug 13, 2023| Fund name | Annual Return % | ||
|---|---|---|---|
| Nippon India Consumption Fund | 18.37% | ||
| Canara Robeco Consumer Trends Fund | 16.23% | ||
| Mirae Asset Great Consumer Fund | 16.07% | ||
| SBI Consumption Opportunities Fund | 15.61% | ||
| Aditya Birla Sun Life India GenNext Fund | 15.19% | ||
| Tata India Consumer Fund | 12.57% |
Trailing Returns and Ranks
as on Aug 12, 2023| Period | Trailing returns | Category average |
|---|---|---|
| 1 month | -0.43% | 0.92% |
| 3 months | 10.16% | 10.29% |
| 6 months | 18.18% | 16.31% |
| 1 year | 18.93% | 15.5% |
| 3 years | 26.59% | 24.92% |
| 5 years | 16.07% | 14.35% |
| 10 years | 19.68% | 17.65% |
Want to know in detail about the returns of this fund?
Riskometer
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
Mirae Asset Great Consumer Fund
EQUITY THEMATIC-CONSUMPTION
The scheme seeks to generate long term capital appreciation by investing in equity and equity related securities of companies that are likely to benefit either directly or indirectly from consumption led demand in India.
- Std. Dev : 12.57
- Alpha : 6.86
- Beta : 0.7
- Sharpe : 1.77
- Sortino : 3.3
Ankit Jain
Mr. Jain is a B.Tech (ICT) and MBA (Finance).
Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirius Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.
Siddhant Chhabria
Mr. Chhabria is a BBA, MBA and CFA (cleared level 3)
Prior to joining Mirae Asset Investment Managers (India), he has worked with HDFC securities and CRISIL Limited.
Mirae Asset Mutual Fund
TOTAL AUM:
₹1,24,824 Crs
As on Jun 30, 2023
- Phone: 022-67800301 / 1800-2090-777
- Address: Unit No.606 - 6th Floor,
Windsor Building - Off. CST Road,
Kalina, Santacruz (East),
Mumbai, 400098
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How are the returns of Mirae Asset Great Consumer Fund ?
The Mirae Asset Great Consumer Fund is a 10 yrs 7 m old fund and has delivered average annual returns of 18.05% since inception.
Mirae Asset Great Consumer Fund Returns
| 1-Year | 3-Year | 5-Year | 10-Year | Since Inception |
|---|---|---|---|---|
| 18.93% | 26.59% | 16.07% | 19.68% | 18.05% |
What is the current NAV of Mirae Asset Great Consumer Fund?
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Mirae Asset Great Consumer Fund for Aug 11, 2023 is 78.52.
How do I invest in Mirae Asset Great Consumer Fund?
On ET Money, Investing in Mirae Asset Great Consumer Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
- Click on the Invest Now Button present on the top right-hand side.
- Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
- Provide few more details needed including the bank account from which you will be making the payment and confirm.
- That's it. Your SIP or one-time investment in Mirae Asset Great Consumer Fund is done.
How much does Mirae Asset Great Consumer Fund charge as expense ratio?
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Mirae Asset Great Consumer Fund is 0.49%. .
How can I redeem my investments in Mirae Asset Great Consumer Fund?
Redeeming your investments in Mirae Asset Great Consumer Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Mirae Asset Great Consumer Fund from anywhere else, you can go to the fund house website and put a request through it.
What is the AUM or size of Mirae Asset Great Consumer Fund?
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Mirae Asset Great Consumer Fund is ₹2,553 Crs.
What are the top stock holdings of Mirae Asset Great Consumer Fund?
The Mirae Asset Great Consumer Fund has invested the majority of its money in the stocks of the following companies -
| Company | Percentage of Portfolio |
|---|---|
| ITC Ltd. | 8.21% |
| Hindustan Unilever Ltd. | 5.92% |
| Titan Company Ltd. | 4.94% |
| Bharti Airtel Ltd. | 4.64% |
| United Spirits Ltd. | 4.14% |
| Maruti Suzuki India Ltd. | 4.12% |
| Tata Motors Ltd. | 3.85% |
| HDFC Bank Ltd. | 3.82% |
| Ceat Ltd. | 3.39% |
| Nestle India Ltd. | 3.36% |
What are the top sectors Mirae Asset Great Consumer Fund has invested in?
The Mirae Asset Great Consumer Fund has primarily invested in the following sectors
| Sector | Percentage of Portfolio |
|---|---|
| Consumer Staples | 30.31% |
| Services | 17.67% |
| Automobile | 14.33% |
| Materials | 10.81% |
| Financial | 6.81% |
| Consumer Discretionary | 6.44% |
| Communication | 4.64% |
| Healthcare | 3.52% |
| Capital Goods | 2.69% |
| Textiles | 0.47% |