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Mirae Asset Great Consumer Fund(G)-Direct Plan

FAQ : Mirae Asset Great Consumer Fund - Growth - Direct Plan

Mirae Asset Great Consumer Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) N/A 10.96 12.12 13.69
Average Rolling Returns(%) 18.37 16.83 17.02 16.46

The Current NAV of Mirae Asset Great Consumer Fund - Growth - Direct Plan is ₹110.21.

You can consider SIP in Mirae Asset Great Consumer Fund - Growth - Direct Plan as it has outperformed the benchmark most of the time and has a Somewhat good quality portfolio. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

Mirae Asset Great Consumer Fund - Growth - Direct Plan fund’s expense ratio is 0.43%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Mirae Asset Great Consumer Fund - Growth - Direct Plan is currently ₹4,742 Crores.

The Top three stocks are Eternal, Titan Company and Mahindra & Mahindra and account for 22% of its portfolio. Top 5 and 10 stocks of fund account for 34% and 53% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Great Consumer Fund - Growth - Direct Plan fund are Auto, Retail and FMCG accounting for 56% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Sectoral Fund - Consumption it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset Great Consumer Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Consumption.

Siddhant Chhabria manages the Mirae Asset Great Consumer Fund - Growth - Direct Plan Fund.

Mirae Asset Great Consumer Fund - Growth - Direct Plan current PE ratio is 56.80 and PB ratio is 11.24

The asset allocation of Mirae Asset Great Consumer Fund - Growth - Direct Plan is Stocks : 99.22%, Debt : 0.78% and Gold : 0%

The minimum SIP amount for Mirae Asset Great Consumer Fund - Growth - Direct Plan is ₹99.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Great Consumer Fund - Growth - Direct Plan is 1% on or before 30 days, NIL after 30 days