Mirae Asset Great Consumer Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Bharti Sawant, Ankit Jain is the Current Fund Manager of Mirae Asset Great Consumer Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹931 Cr and the Latest NAV as of 20 Nov 2019 is ₹40.78.
The Mirae Asset Great Consumer Fund Direct Growth is rated High risk. Minimum SIP Investment is 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year