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Mirae Asset Great Consumer Fund - Direct Plan

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Equity: Thematic-Consumption

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1 Lakh

Investment Grown to
₹ 1.52 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.06 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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(₹)
cal
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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 18.02 0.15 0.02 5.06 11.28 19.36 57.46 15.08 19.05 17.27 --
S&P BSE 500 TRI 17.16 -0.29 -1.27 4.55 10.37 18.93 64.39 14.42 15.96 13.40 --
Equity: Thematic-Consumption 16.30 -0.04 -0.07 5.70 11.54 18.09 57.98 13.17 16.22 15.39 --
Rank within category 2 2 6 8 3 2 4 4 3 3 --
Number of funds in category 11 11 11 11 11 11 11 8 8 7 0

As on 18-Jun-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 - Direct Plan  | Invest Online
Unrated
 Jan-13 57.46 15.08 19.05 0.58 1,271
Aditya Birla Sun Life India GenNext Fund - Direct Plan  | Invest Online
Unrated
 Jan-13 55.20 16.04 17.74 1.10 2,068
Sundaram Rural and Consumption Fund - Direct Plan
Unrated
 Jan-13 46.62 8.71 12.98 1.49 1,307
Tata India Consumer Fund - Direct Plan  | Invest Online
Unrated
 Dec-15 50.88 10.73 20.19 0.92 1,209
BNP Paribas India Consumption Fund - Direct Plan
Unrated
 Sep-18 49.07 -- -- 0.84 744

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.16 01-Apr-2020 - 09-Apr-2020 -17.48 11-Mar-2020 - 18-Mar-2020
Month 19.33 23-Mar-2020 - 22-Apr-2020 -34.28 20-Feb-2020 - 23-Mar-2020
Quarter 28.37 24-Mar-2020 - 23-Jun-2020 -32.18 23-Dec-2019 - 23-Mar-2020
Year 80.61 23-Mar-2020 - 23-Mar-2021 -26.01 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.43 20.86 0.53 0.55 0.78 6.79
S&P BSE 500 TRI 15.83 22.84 0.50 0.59 -- --
Equity: Thematic-Consumption 14.76 21.50 0.48 0.57 0.78 6.09
Rank within category 5 3 5 5 5 5
Number of funds in category 9 9 9 9 9 9

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

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 34
Top 10 Stocks (%) 47.37
Top 5 Stocks (%) 28.32
Top 3 Sectors (%) 72.12
Portfolio P/B Ratio 5.98
Portfolio P/E Ratio 39.34

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 65,006 70,757
Giant (%) 38.71 38.13
Large (%) 19.97 20.68
Mid (%) 22.63 27.62
Small (%) 18.68 16.52
Tiny (%) -- 0.91

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
down ITC FMCG 19.14 8.34 5.07 6.65
up Bharti Airtel Communication -- 7.25 0.00 6.04
up Hindustan Unilever FMCG 72.90 7.46 0.65 5.98
equal Maruti Suzuki India Automobile 47.89 5.60 2.42 4.85
equal Dabur India FMCG 60.27 5.58 3.05 4.80
equal TVS Motor Company Automobile 48.75 4.81 1.65 4.36
equal Britannia Inds. FMCG 46.91 5.22 0.00 4.34
equal Axis Bank Financial 31.38 3.65 0.00 3.51
equal UTI Asset Management Co. Financial 20.07 3.47 0.00 3.47
up Marico FMCG 57.40 4.36 0.00 3.36
equal HDFC Bank Financial 25.65 7.27 3.18 3.34
equal Century Plyboards (India) FMCG 48.01 3.26 0.00 3.26
equal Jyothy Labs FMCG 28.35 3.72 1.91 2.81
down Prince Pipes & Fittings Chemicals 34.48 2.82 0.00 2.74
equal Kansai Nerolac Paints Chemicals 58.42 3.36 0.00 2.63
equal Asian Paints Chemicals 93.18 2.58 0.00 2.58
equal Ceat Automobile 12.74 3.60 1.38 2.50
equal United Spirits FMCG 127.39 2.46 0.00 2.46
equal Titan Company Cons Durable 155.93 3.62 0.00 2.45
equal Nestle India FMCG 78.94 4.29 1.44 2.23
equal Bata India FMCG -- 2.19 0.00 2.19
equal Tata Consumer Products FMCG 79.56 6.42 2.10 2.11
up MRF Automobile 27.46 2.11 0.00 2.11
equal Kajaria Ceramics Construction 49.59 3.42 0.00 2.01
equal Page Industries Textiles 97.36 3.87 0.00 1.93

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 31-May-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
0.15%

Change from previous, NAV as on 18-Jun-2021

Growth: ₹ 54.3610

IDCW: ₹ 45.2790

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: 01-Jan-2013
Return Since Launch: 17.78%
Benchmark: NIFTY India Consumption TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,271 Cr (As on 31-May-2021)
Expense: 0.58% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: --
Turnover: 75.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Mar-20213.5000

 16-Dec-20191.3281
 12-Mar-20181.7000

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

Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM

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