| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.67% |
| NAV | ₹33.45 (03 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹940 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Hindustan Unilever Ltd. | FMCG | Equity | 7.2% |
| Bharti Airtel Ltd. | Communication | Equity | 7.0% |
| ITC Ltd. | FMCG | Equity | 6.9% |
| Tata Consumer Products Ltd. | FMCG | Equity | 5.8% |
| Britannia Industries Ltd. | FMCG | Equity | 4.6% |
| TVS Motor Co. Ltd. | Automobile | Equity | 4.6% |
| HDFC Bank Ltd. | Financial | Equity | 4.5% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.3% |
| Marico Ltd. | FMCG | Equity | 4.1% |
| Dabur India Ltd. | FMCG | Equity | 3.6% |
Mirae Asset Great Consumer Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Bharti Sawant, Ankit Jain is the Current Fund Manager of Mirae Asset Great Consumer Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹940 Cr and the Latest NAV as of 03 Aug 2020 is ₹33.45.
The Mirae Asset Great Consumer Fund Direct Dividend is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
The investment objective of the scheme is to generate long term capital appreciation through an actively managed portfolio investing in equity and equity related securities of companies that are likely to benefit either directly or indirectly from consumption led demand in India/China. The Scheme does not guarantee or assure any returns.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.