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Mirae Asset Great Consumer Fund - Direct Plan

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Equity: Thematic-Consumption

1 Lakh

Investment Grown to
₹ 1.69 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.46 Lakh

Analyst's Choice?

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 2.86 -0.73 -0.26 2.64 5.06 17.86 18.61 19.01 12.84 17.65 --
S&P BSE 500 TRI 0.90 -0.46 -0.33 0.52 5.10 8.99 13.58 11.63 7.98 12.29 --
Equity: Thematic-Consumption 3.35 -0.52 0.48 3.21 3.97 14.33 15.47 13.85 9.85 14.04 --
Rank within category 7 7 7 7 3 1 3 2 1 1 --
Number of funds in category 9 9 9 9 9 9 9 7 6 6 0

As on 28-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.76 (19-Sep-2019 - 26-Sep-2019) -8.22 (17-Aug-2015 - 24-Aug-2015)
Month 13.14 (23-Aug-2019 - 24-Sep-2019) -13.36 (07-Sep-2018 - 09-Oct-2018)
Quarter 18.61 (13-Mar-2014 - 12-Jun-2014) -15.49 (26-Nov-2015 - 25-Feb-2016)
Year 59.64 (28-Jan-2014 - 28-Jan-2015) -15.28 (25-Feb-2015 - 25-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 19.61 13.67 1.02 1.41 0.92 3.80
S&P BSE 500 TRI 13.80 13.09 0.62 0.92 -- --
Equity: Thematic-Consumption 14.65 14.43 0.62 0.91 0.86 -0.49
Rank within category 2 2 1 1 7 2
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-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 38
Top 10 Stocks (%) 44.27
Top 5 Stocks (%) 26.79
Top 3 Sectors (%) 67.91
Portfolio P/B Ratio 5.23
Portfolio P/E Ratio 38.84

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 48,686 61,964
Giant (%) 32.84 35.70
Large (%) 16.60 21.92
Mid (%) 38.26 32.08
Small (%) 11.76 10.82
Tiny (%) 0.54 1.16

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 HDFC Bank Financial 25.50 7.72 3.47 6.82
up ITC FMCG 20.42 6.55 2.43 5.77
up Dabur India FMCG 57.41 5.58 0.45 5.25
up Hindustan Unilever FMCG 67.75 4.50 0.11 4.50
equal Tata Global Beverages FMCG 62.41 4.51 1.00 4.45
down ICICI Bank Financial 36.03 5.44 1.92 4.26
equal Bharti Airtel Communication -- 3.46 0.00 3.46
equal Page Industries Textiles 69.76 3.87 0.00 3.41
equal Aditya Birla Fashion and Retail Services 58.78 3.95 0.00 3.17
up TVS Motor Co. Automobile 30.91 3.17 0.00 3.17
equal Voltas Cons Durable 48.13 3.42 1.45 3.09
up United Breweries FMCG 73.94 3.42 0.00 3.04
equal Axis Bank Financial 43.42 3.01 0.00 2.98
down Max Financial Services Financial 79.03 3.02 0.00 2.95
down Maruti Suzuki India Automobile 34.77 4.51 2.28 2.92
up Titan Company Cons Durable 73.88 3.17 0.00 2.84
up Kajaria Ceramics Construction 33.10 3.07 0.00 2.84
up Britannia Inds. FMCG 61.03 2.98 0.00 2.84
up Jyothy Labs FMCG 28.63 3.72 0.00 2.45
up Emami FMCG 43.79 2.48 0.00 2.37
up Dr. Lal Pathlabs Healthcare 63.46 2.39 0.00 2.33
equal VIP Industries Chemicals 56.54 2.75 0.00 2.25
equal Indusind Bank Financial 19.32 4.34 0.00 2.20
equal Ceat Automobile 16.59 2.86 1.38 2.16
equal Century Plyboards (India) FMCG 21.56 2.09 0.00 1.91

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-Dec-2019

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
-0.73%

Change from previous, NAV as on 28-Jan-2020

Growth: ₹ 41.9260

Dividend: ₹ 37.9200

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: 01-Jan-2013
Return Since Launch: 17.24%
Benchmark: NIFTY India Consumption TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 961 Cr (As on 31-Dec-2019)
Expense: 0.53% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: --
Turnover: 51.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend16-Dec-20191.3281

 12-Mar-20181.7000

Contact Information

AMC: Mirae Asset Global Investments (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: www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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