Fund Details
Mirae Asset Great Consumer Fund Regular Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.17% |
| NAV | ₹44.42 (13 Apr 2021) |
|---|---|
| Fund Started | 29 Mar 2011 |
| Fund Size | ₹1,174 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
1. Higher expense ratio - 2.16%
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ITC Ltd. | FMCG | Equity | 7.4% |
| Hindustan Unilever Ltd. | FMCG | Equity | 6.2% |
| Bharti Airtel Ltd. | Communication | Equity | 6.0% |
| Dabur India Ltd. | FMCG | Equity | 5.2% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 5.1% |
| Britannia Industries Ltd. | FMCG | Equity | 4.9% |
| TVS Motor Co. Ltd. | Automobile | Equity | 4.5% |
| Axis Bank Ltd. | Financial | Equity | 3.2% |
| HDFC Bank Ltd. | Financial | Equity | 3.2% |
| Tata Consumer Products Ltd. | FMCG | Equity | 3.0% |
Fund Managers
Mirae Asset Great Consumer Fund Regular Growth Details
Mirae Asset Great Consumer Fund Regular Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,174 Cr and the Latest NAV as of 13 Apr 2021 is ₹44.42.
The Mirae Asset Great Consumer Fund Regular Growth is rated Very 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.
