Fund Details
Mirae Asset Great Consumer Fund Regular Dividend
| Risk | High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.19% |
| NAV | ₹18.44 (14 Jan 2021) |
|---|---|
| Fund Started | 29 Mar 2011 |
| 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. Risk is higher compared to the benchmark
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 2.19%
9. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ITC Ltd. | FMCG | Equity | 8.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 7.2% |
| Bharti Airtel Ltd. | Communication | Equity | 6.4% |
| Britannia Industries Ltd. | FMCG | Equity | 4.8% |
| TVS Motor Co. Ltd. | Automobile | Equity | 4.8% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.7% |
| Tata Consumer Products Ltd. | FMCG | Equity | 4.4% |
| Marico Ltd. | FMCG | Equity | 4.1% |
| Emami Ltd. | FMCG | Equity | 4.0% |
| HDFC Bank Ltd. | Financial | Equity | 4.0% |
Fund Managers
Mirae Asset Great Consumer Fund Regular Dividend Details
Mirae Asset Great Consumer Fund Regular Dividend is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 29 Mar 2011. Bharti Sawant, Ankit Jain is the Current Fund Manager of Mirae Asset Great Consumer Fund Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,092 Cr and the Latest NAV as of 14 Jan 2021 is ₹18.44.
The Mirae Asset Great Consumer Fund Regular 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
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.
