Fund Details
Mirae Asset Great Consumer Fund Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.58% |
| NAV | ₹48.41 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,092 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ITC Ltd. | FMCG | Equity | 8.3% |
| Hindustan Unilever Ltd. | FMCG | Equity | 7.5% |
| Bharti Airtel Ltd. | Communication | Equity | 7.0% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 5.6% |
| Britannia Industries Ltd. | FMCG | Equity | 4.6% |
| TVS Motor Co. Ltd. | Automobile | Equity | 4.5% |
| Tata Consumer Products Ltd. | FMCG | Equity | 4.2% |
| Marico Ltd. | FMCG | Equity | 4.1% |
| Dabur India Ltd. | FMCG | Equity | 3.7% |
| Emami Ltd. | FMCG | Equity | 3.5% |
Fund Managers
Mirae Asset Great Consumer Fund Direct Growth Details
Mirae Asset Great Consumer Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,092 Cr and the Latest NAV as of 25 Jan 2021 is ₹48.41.
The Mirae Asset Great Consumer Fund Direct Growth 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
Investment Objective
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.
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.
