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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
₹ 1.18 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.84 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 -3.04 0.79 2.15 4.19 6.33 21.00 -1.66 5.73 10.15 14.23 --
S&P BSE 500 TRI 0.39 0.39 1.71 6.40 7.73 29.31 4.79 4.35 8.63 12.32 --
Equity: Thematic-Consumption 0.92 1.05 1.84 4.06 5.48 19.53 0.96 3.76 8.31 12.66 --
Rank within category 8 10 4 5 5 3 8 2 2 4 --
Number of funds in category 12 12 12 12 12 12 12 9 8 7 6

As on 23-Oct-2020

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 -1.66 5.73 10.15 2.19 1,003
Aditya Birla Sun Life India GenNext Fund  | Invest Online
Unrated
 Aug-05 -0.95 4.89 10.02 2.33 1,535
Sundaram Rural and Consumption Fund - Regular Plan
Unrated
 May-06 -2.06 -0.83 9.41 2.27 1,477
Tata India Consumer Fund - Regular Plan  | Invest Online
Unrated
 Dec-15 1.15 3.76 -- 2.26 1,167
SBI Consumption Opportunities Fund  | Invest Online
Unrated
 Jul-99 -11.70 0.19 5.99 2.47 577

Best & Worst Performance

Best (Period) Worst (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 57.94 (28-Jan-2014 - 28-Jan-2015) -27.27 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.29 20.61 0.16 0.17 0.79 5.41
S&P BSE 500 TRI 6.61 21.81 0.07 0.08 -- --
Equity: Thematic-Consumption 6.23 20.20 0.06 0.07 0.76 3.26
Rank within category 2 7 2 2 8 2
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-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 33
Top 10 Stocks (%) 50.40
Top 5 Stocks (%) 29.72
Top 3 Sectors (%) 70.45
Portfolio P/B Ratio 4.95
Portfolio P/E Ratio 43.79

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 53,808 59,692
Giant (%) 44.66 42.03
Large (%) 14.34 18.10
Mid (%) 29.36 26.34
Small (%) 11.64 14.54
Tiny (%) -- 1.22

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
up Hindustan Unilever FMCG 71.87 7.36 0.65 7.01
up ITC FMCG 14.52 7.39 2.43 6.78
up Bharti Airtel Communication -- 7.25 0.00 6.11
equal Britannia Inds. FMCG 46.63 5.22 0.00 5.11
down TVS Motor Co. Automobile 70.70 4.72 0.00 4.72
down Tata Consumer Products FMCG 85.93 6.42 2.10 4.64
up Maruti Suzuki India Automobile 53.25 4.53 2.28 4.37
equal Marico FMCG 42.40 4.36 0.00 3.98
down Emami FMCG 52.82 4.07 0.00 3.92
equal HDFC Bank Financial 23.00 7.72 3.76 3.76
equal Kajaria Ceramics Construction 52.81 3.42 0.00 3.42
equal Dabur India FMCG 64.43 5.58 0.45 3.31
equal Ceat Automobile 39.88 3.24 1.38 3.24
equal Kansai Nerolac Paints Chemicals 68.13 3.22 0.00 3.22
equal Jyothy Labs FMCG 28.59 3.72 0.00 2.93
equal Axis Bank Financial 91.77 3.65 0.00 2.79
up Avenue Supermarts Services 153.04 2.64 0.00 2.64
down Titan Company Cons Durable 132.41 3.62 0.00 2.40
up Nestle India FMCG 73.81 4.29 0.00 2.38
equal Page Industries Textiles 118.09 3.87 0.00 2.30
equal SBI Life Insurance Company Financial 53.45 2.29 0.00 2.27
equal Max Financial Services Financial 65.73 3.17 0.00 2.20
equal Voltas Cons Durable 53.88 3.42 1.40 2.14
down TTK Prestige Cons Durable 52.58 2.30 0.00 2.13
down Prince Pipes & Fittings Chemicals 26.01 2.09 0.00 2.09

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-Sep-2020

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
0.79%

Change from previous, NAV as on 23-Oct-2020

Growth: ₹ 36.0850

Dividend: ₹ 15.2940

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
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 29-Mar-2011
Return Since Launch: 14.34%
Benchmark: NIFTY India Consumption TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 1,003 Cr (As on 30-Sep-2020)
Expense: 2.19% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --
Turnover: 60.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend16-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

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