Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹93.9090 0.47%
As on 16-Apr-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Mirae Asset Great Consumer Fund - Direct Plan
|
|
|
Very High
|
Please wait... |
0.48 |
|
|
|
Very High
|
Please wait... |
1.11 |
||
|
|
Very High
|
Please wait... |
0.81 |
||
 |
|
Very High
|
Please wait... |
0.76 |
||
 |
|
Very High
|
Please wait... |
1.00 |
₹3,183 Cr
1.00 (365)
5,000
1,000
500
5
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.
This is a fund that invests mainly in the shares of consumer-facing companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other consumption-themed fund, if you need to redeem your investment in less than five years.
Mirae Asset Great Consumer Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in the shares of consumer-facing companies.
Mutual funds can be bought directly from the website of the fund house. For instance, Mirae Asset Great Consumer Fund - Direct Plan fund can be purchased from the website of Mirae Asset Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Mirae Asset Great Consumer Fund - Direct Plan is ₹93.9090 as of 18-Apr-2024.
The AUM of Mirae Asset Great Consumer Fund - Direct Plan Fund is ₹3,183 Cr as of 31-Mar-2024
The riskometer level of Mirae Asset Great Consumer Fund - Direct Plan is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
6.68
|
|
|
6.37
|
|
|
4.62
|
|
|
4.12
|
|
|
4.09
|
As of 31-Mar-2024, Mirae Asset Great Consumer Fund - Direct Plan had invested 97.21% in Equity, 2.79% in Cash & Cash Eq. and 0.01% in Debt See More
Mirae Asset Great Consumer Fund - Direct Plan is 11 years 3 months old. It has delivered 18.76% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
39.75%
|
23.29%
|
19.71%
|
19.27%
|
19.59%
|
18.76%
|
No, There is no lock in period in Mirae Asset Great Consumer Fund - Direct Plan.
The expense ratio of Mirae Asset Great Consumer Fund - Direct Plan is 0.48.
