September 14, 2022
mayank
Mirae Asset Great Consumer Fund
NAV Growth : Rs 68.9670
NAV IDCW : Rs 53.0320
Suitable For Which Investors ?
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.
Fund’s 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.
Fund Manager :
1) Ankit Jain
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.
2) Siddhant Chhabria
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.
Investment Details
| Min. Investment (Rs) : | 5,000 |
| Min. Addl Investment (Rs) : | 1,000 |
| Min. SIP Investment (Rs) : | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques : | 5 |
| Min. Balance (Rs) : | 1,000 |
| Lock-in Period : | NA |
| Exit Load : | 1% for redemption within 365 days |
Basic Details
| Fund House : | Mirae Asset Mutual Fund |
| Launch Date : | 01-Jan-13 |
| Return Since Launch : | 18.21% |
| Benchmark : | NIFTY India Consumption TRI |
| Riskometer : | Very High |
| Type : | Open-ended |
| Assets : | Rs 1,945 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio : | 0.56% |
| (As on 31-Jul-2022) | |
| Risk Grade : | Average |
| Return Grade : | Average |
| Turnover : | 51.00% |
Mirae Asset Great Consumer Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Great Consumer Dir | 10.77 | 0.69 | 4.46 | 20.6 | 18.84 | 11.99 | 23.79 | 16.44 | 18.17 | — |
| S&P BSE 500 TRI | 6.1 | 0.6 | 3.56 | 17.46 | 11.42 | 7.2 | 21.79 | 13.62 | 14.93 | — |
| Equity: Thematic-Consumption | 11.71 | 0.52 | 4.55 | 20.29 | 18.81 | 13.79 | 23.64 | 14.82 | 16.48 | — |
| Rank within category | 7 | 2 | 6 | 5 | 4 | 6 | 5 | 4 | 2 | — |
| Number of funds in category | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 8 | 7 | 0 |
Mirae Asset Great Consumer Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| Mirae Asset Great Consumer Dir | 3 star | 11.99 | 23.79 | 16.44 | 0.56 | 1,945 | 18.21 | 1.00 (365) | 9yrs 8mo | 51.00 |
| Baroda BNP Paribas Ind Consmpn Dir | 4 star | 10.46 | 24.99 | — | 0.81 | 942 | 22.48 | 1.00 (365) | 4yrs 0mo | 52.00 |
| Canara Robeco Consumer Trends Dir | 4 star | 12.09 | 26.3 | 17.12 | 1.03 | 926 | 17.79 | 1.00 (365) | 9yrs 8mo | 65.00 |
| ABSL Ind GenNext Dir | 3 star | 10.1 | 23.26 | 15.29 | 1.03 | 3,076 | 18.22 | 1.00 (30) | 9yrs 8mo | 12.00 |
| ICICI Pru Bhrt Consmpn Dir | 3 star | 17.63 | 21.2 | — | 1.25 | 1,763 | 16.78 | 1.00 (90) | 3yrs 5mo | 176.00 |
Portfolio Analysis
| No. of Stocks : | 35 |
| Top 10 Stocks % : | 47.15 |
| Top 5 Stocks % : | 27.33 |
| Top 3 Sectors % : | 55.40 |
| Portfolio P/B Ratio : | 7.14 |
| Portfolio P/E Ratio : | 43.83 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 86,854 | 1,27,122 |
| Giant (%) | 40.59 | 49.41 |
| Large (%) | 26.20 | 22.63 |
| Mid (%) | 23.31 | 22.30 |
| Small (%) | 9.90 | 8.49 |
| Tiny (%) | — | — |
Mirae Asset Great Consumer Fund by Chanakya :
Do not invest in this, or any other consumption-themed fund, if you need to redeem your investment in less than five years.
Apply Online :
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