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

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

1 Year 3 Year 5 Year 9 Year
CAGR(%) 35.34 22.64 18.45 15.06
Average Rolling Returns(%) 18.99 17.63 16.23 16.54

The Current NAV of Mirae Asset Great Consumer Fund - Regular Plan - Growth is ₹78.43.

You can consider SIP in Mirae Asset Great Consumer Fund - Regular Plan - Growth 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 India Consumption - TRI returns, as Funds portfolio is significantly different.

Mirae Asset Great Consumer Fund - Regular Plan - Growth fund’s expense ratio is 1.90%

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 - Regular Plan - Growth is currently ₹3,094 Crores.

The Top three stocks are Bharti Airtel, ITC and Titan Co and account for 18% of its portfolio. Top 5 and 10 stocks of fund account for 26% and 41% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Great Consumer Fund - Regular Plan - Growth fund are FMCG, Auto and Retail accounting for 57% 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 - Regular Plan - Growth Fund is Equity - Sectoral Fund - Consumption.

Ankit Jain and Siddhant Chhabria manage the Mirae Asset Great Consumer Fund - Regular Plan - Growth Fund.

Mirae Asset Great Consumer Fund - Regular Plan - Growth current PE ratio is 55.13 and PB ratio is 13.23

The asset allocation of Mirae Asset Great Consumer Fund - Regular Plan - Growth is Stocks : 96.82%, Debt : 3.19% and Gold : 0%

The minimum SIP amount for Mirae Asset Great Consumer Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Great Consumer Fund - Regular Plan - Growth is 1% on or before 1 year(365 days), Nil after 1 year(365 days)

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