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 ₹961 Cr and the Latest NAV as of 17 Jan 2020 is ₹42.60.
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.
Investment Objective
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.
Tax Implications
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load