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Mirae Asset Great Consumer Fund - Regular Plan

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Equity: Thematic-Consumption

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1 Lakh

Investment Grown to
₹ 1.37 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.67 Lakh

Suitability:

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 multi-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.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 10.45 0.62 0.99 2.06 1.42 19.24 57.84 11.02 16.65 16.06 16.12
S&P BSE 500 TRI 10.60 1.61 0.04 3.09 0.91 21.24 70.93 12.37 15.42 13.72 12.57
Equity: Thematic-Consumption 7.61 0.77 0.88 2.40 0.84 19.76 55.60 8.93 13.86 14.24 14.50
Rank within category 2 7 4 5 2 5 4 4 3 3 3
Number of funds in category 12 12 12 12 12 12 12 9 9 8 7

As on 17-May-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset Great Consumer Fund - Regular Plan  | Invest Online
Unrated
 Mar-11 57.84 11.02 16.65 2.23 1,181
Aditya Birla Sun Life India GenNext Fund  | Invest Online
Unrated
 Aug-05 55.03 12.10 15.28 1.96 1,943
Sundaram Rural and Consumption Fund - Regular Plan
Unrated
 May-06 44.58 4.83 11.24 2.28 1,269
Tata India Consumer Fund - Regular Plan  | Invest Online
Unrated
 Dec-15 45.58 6.26 16.76 2.27 1,169
BNP Paribas India Consumption Fund - Regular Plan
Unrated
 Sep-18 46.60 -- -- 2.36 692

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.12 01-Apr-2020 - 09-Apr-2020 -17.51 11-Mar-2020 - 18-Mar-2020
Month 19.17 23-Mar-2020 - 22-Apr-2020 -34.38 20-Feb-2020 - 23-Mar-2020
Quarter 27.86 24-Mar-2020 - 23-Jun-2020 -32.47 23-Dec-2019 - 23-Mar-2020
Year 77.76 23-Mar-2020 - 23-Mar-2021 -27.27 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.49 20.62 0.35 0.36 0.77 6.05
S&P BSE 500 TRI 12.90 22.64 0.38 0.43 -- --
Equity: Thematic-Consumption 10.25 20.89 0.28 0.33 0.77 4.82
Rank within category 5 4 5 5 6 5
Number of funds in category 10 10 10 10 10 10

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 35
Top 10 Stocks (%) 48.49
Top 5 Stocks (%) 28.96
Top 3 Sectors (%) 72.04
Portfolio P/B Ratio 5.75
Portfolio P/E Ratio 40.72

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 60,945 67,716
Giant (%) 38.38 37.65
Large (%) 19.53 20.38
Mid (%) 24.20 28.18
Small (%) 17.88 14.89
Tiny (%) -- 0.82

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ITC FMCG 19.73 8.34 4.99 6.86
equal Bharti Airtel Communication -- 7.25 0.00 6.16
equal Hindustan Unilever FMCG 69.83 7.46 0.65 5.98
equal Dabur India FMCG 55.69 5.58 2.92 5.15
equal TVS Motor Co. Automobile 49.33 4.81 1.65 4.81
equal Maruti Suzuki India Automobile 46.27 5.60 2.42 4.76
equal Britannia Inds. FMCG 45.30 5.22 0.00 4.67
up Axis Bank Financial 30.21 3.65 0.00 3.60
up HDFC Bank Financial 24.95 7.69 3.18 3.35
equal UTI Asset Management Co. Financial 18.99 3.14 0.00 3.14
equal Century Plyboards (India) FMCG 54.06 3.08 0.00 3.08
equal Marico FMCG 52.34 4.36 0.00 2.96
equal Jyothy Labs FMCG 27.52 3.72 1.91 2.85
up Ceat Automobile 12.00 3.60 1.38 2.82
up Kansai Nerolac Paints Chemicals 56.66 3.36 0.00 2.75
down Prince Pipes & Fittings Chemicals 30.62 2.82 0.00 2.69
up Voltas Cons Durable 61.95 3.42 1.40 2.51
up Titan Company Cons Durable 133.93 3.62 0.00 2.46
equal Asian Paints Chemicals 85.03 2.38 0.00 2.36
down Tata Consumer Products FMCG 70.32 6.42 2.10 2.29
equal United Spirits FMCG 176.46 2.42 0.00 2.24
equal Nestle India FMCG 76.07 4.29 1.44 2.21
down P&G Hygiene & Health Care FMCG 64.75 2.43 0.00 2.20
up Bata India FMCG -- 2.09 0.00 2.09
up Kajaria Ceramics Construction 61.25 3.42 0.00 2.05

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2021

Fund Manager

— Ankit Jain since 05-Oct-2016

Education: Mr. Jain is a B.Tech (ICT) and MBA (Finance).

Experience: Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirius Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management.

Funds Managed:

Invest Online
0.62%

Change from previous, NAV as on 17-May-2021

Growth: ₹ 45.7070

IDCW: ₹ 17.8090

Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 29-Mar-2011
Return Since Launch: 16.16%
Benchmark: NIFTY India Consumption TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,181 Cr (As on 30-Apr-2021)
Expense: 2.23% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: --
Turnover: 78.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Mar-20211.5000

 16-Dec-20191.3281
 06-Dec-20181.3281
 12-Mar-20181.0000
 17-Oct-20170.5000
 27-Jun-20170.5000
 22-Mar-20172.0000
 25-Jan-20161.5000
 18-Mar-20152.0000
 11-Dec-20131.1000
 20-Mar-20131.3000

Contact Information

AMC: Mirae Asset Investment Managers (India) Pvt. Ltd.

Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098

Phone: 022-67800301 / 1800-2090-777

Email: [email protected]

Website: http://www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

Investors' Hangout

With the resurgence of COVID-19, what should investors do?

DateFriday, 07-May-2021
Time12:30 PM - 01:00 PM

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