| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.64% |
| NAV | ₹39.64 (30 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,003 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Hindustan Unilever Ltd. | FMCG | Equity | 7.0% |
| ITC Ltd. | FMCG | Equity | 6.8% |
| Bharti Airtel Ltd. | Communication | Equity | 6.1% |
| Britannia Industries Ltd. | FMCG | Equity | 5.1% |
| TVS Motor Co. Ltd. | Automobile | Equity | 4.7% |
| Tata Consumer Products Ltd. | FMCG | Equity | 4.6% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.4% |
| Marico Ltd. | FMCG | Equity | 4.0% |
| Emami Ltd. | FMCG | Equity | 3.9% |
| HDFC Bank Ltd. | Financial | Equity | 3.8% |
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 ₹1,003 Cr and the Latest NAV as of 30 Oct 2020 is ₹39.64.
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
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.
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.