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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
₹ 1.75 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.55 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 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.

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 34.77 -2.58 -3.57 -0.88 7.74 17.32 44.28 20.51 21.34 16.49 --
S&P BSE 500 TRI 29.06 -2.96 -3.93 -5.18 4.30 13.54 39.43 19.53 17.66 13.02 --
Equity: Thematic-Consumption 31.68 -3.00 -4.06 -1.80 7.47 17.08 45.04 21.02 18.58 14.69 --
Rank within category 3 3 4 3 5 7 4 6 2 3 --
Number of funds in category 11 11 11 11 11 11 11 10 8 7 0

As on 26-Nov-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
3 star
 Jan-13 44.28 20.51 21.34 0.55% 1,572
BNP Paribas India Consumption Fund - Direct Plan
5 star
 Sep-18 38.86 24.33 -- 0.80% 886
Canara Robeco Consumer Trends Fund - Direct Plan  | Invest Online
4 star
 Jan-13 40.99 22.81 21.24 1.17% 745
Aditya Birla Sun Life India GenNext Fund - Direct Plan  | Invest Online
3 star
 Jan-13 42.02 22.16 20.01 2.22% 2,545
Tata India Consumer Fund - Direct Plan  | Invest Online
3 star
 Dec-15 37.71 16.09 22.23 0.88% 1,344

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 22.35 19.70 0.94 0.89 0.76 6.16
S&P BSE 500 TRI 22.08 21.79 0.84 0.93 -- --
Equity: Thematic-Consumption 23.03 19.76 0.98 1.06 0.75 7.09
Rank within category 6 6 6 8 6 6
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 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 37
Top 10 Stocks (%) 44.16
Top 5 Stocks (%) 26.36
Top 3 Sectors (%) 66.00
Portfolio P/B Ratio 6.10
Portfolio P/E Ratio 42.51

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 69,473 96,770
Giant (%) 39.52 41.68
Large (%) 18.55 23.17
Mid (%) 25.50 24.84
Small (%) 16.43 13.81
Tiny (%) -- 1.40

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 19.34 8.34 5.07 6.88
equal Bharti Airtel Communication 143.20 7.25 0.00 6.62
equal TVS Motor Company Automobile 38.97 4.81 2.28 4.51
equal Hindustan Unilever FMCG 65.30 7.46 0.65 4.19
up Axis Bank Financial 20.29 4.15 0.00 4.15
up Asian Paints Chemicals 92.65 4.14 0.00 4.14
equal Britannia Inds. FMCG 53.74 5.22 0.00 3.74
equal HDFC Bank Financial 24.13 7.20 2.76 3.62
down United Spirits FMCG 76.43 3.46 0.00 3.25
down Maruti Suzuki India Automobile 51.58 5.60 2.42 3.05
equal Marico FMCG 58.90 4.36 0.08 3.00
up Titan Company Consumer Durable 116.40 3.62 1.42 2.88
equal Voltas Consumer Durable 64.98 3.42 1.40 2.83
equal P&G Hygiene & Health Care FMCG 79.71 2.49 0.00 2.49
up Prince Pipes & Fittings Chemicals 33.07 2.82 0.00 2.47
down Century Plyboards (India) FMCG 49.99 3.26 1.28 2.46
equal Jyothy Labs FMCG 32.61 3.39 1.91 2.44
down Stove Kraft Services 35.60 2.66 0.00 2.22
down Bata India FMCG -- 2.40 0.00 2.20
up Emami FMCG 42.22 4.11 0.00 2.16
equal Krishna Institute Of Medical Sciences Healthcare 49.24 2.53 0.00 2.06
equal UTI Asset Management Co. Financial 20.94 3.47 0.00 2.01
down Page Industries Textiles 98.72 3.87 0.00 1.98
up Zomato Services -- 1.97 0.00 1.97
new Tata Motors Automobile -- 1.95 0.00 1.95

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-Oct-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:

— Siddhant Chhabria since 21-Jun-2021

Education: Mr. Chhabria is a BBA, MBA and CFA (cleared level 3)

Experience: Prior to joining Mirae Asset Investment Managers (India), he has worked with HDFC securities and CRISIL Limited.

Invest Online
-2.58%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 62.0750

IDCW: ₹ 51.7030

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: 18.58%
Benchmark: NIFTY India Consumption TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,572 Cr (As on 31-Oct-2021)
Expense: 0.55% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average
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

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