Mirae Asset Great Consumer Fund Regular Growth
EquityEquity - ConsumptionVery High Risk
Regular
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹4,233 Cr
Expense Ratio
1.85%
ISIN
INF769K01135
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
29 Mar 2011
About this fund
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹100.14, Assets Under Management (AUM) of 4233.21 Crores, and an expense ratio of 1.85%.
- Mirae Asset Great Consumer Fund Regular Growth has given a CAGR return of 18.67% since inception.
- The fund's asset allocation comprises around 98.05% in equities, 0.00% in debts, and 1.95% in cash & cash equivalents.
- You can start investing in Mirae Asset Great Consumer Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+41.12%
— (Cat Avg.)
3 Years
+22.38%
— (Cat Avg.)
5 Years
+24.76%
— (Cat Avg.)
10 Years
+17.69%
— (Cat Avg.)
Since Inception
+18.67%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹4,150.53 Cr | 98.05% |
| Others | ₹82.68 Cr | 1.95% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Bharti Airtel Ltd | Equity | ₹305.89 Cr | 7.23% |
| ITC Ltd | Equity | ₹230.87 Cr | 5.45% |
| Maruti Suzuki India Ltd | Equity | ₹202.17 Cr | 4.78% |
| Hindustan Unilever Ltd | Equity | ₹200.02 Cr | 4.72% |
| Trent Ltd | Equity | ₹184.7 Cr | 4.36% |
| Asian Paints Ltd | Equity | ₹174.48 Cr | 4.12% |
| Zomato Ltd | Equity | ₹161.59 Cr | 3.82% |
| Kalyan Jewellers India Ltd | Equity | ₹141.5 Cr | 3.34% |
| Titan Co Ltd | Equity | ₹135.48 Cr | 3.20% |
| Tata Motors Ltd | Equity | ₹114.47 Cr | 2.70% |
| United Spirits Ltd | Equity | ₹113.81 Cr | 2.69% |
| InterGlobe Aviation Ltd | Equity | ₹111.09 Cr | 2.62% |
| Jyothy Labs Ltd | Equity | ₹109.25 Cr | 2.58% |
| Ceat Ltd | Equity | ₹106.92 Cr | 2.53% |
| Avenue Supermarts Ltd | Equity | ₹98.55 Cr | 2.33% |
| FSN E-Commerce Ventures Ltd | Equity | ₹98.03 Cr | 2.32% |
| Mahindra & Mahindra Ltd | Equity | ₹95.38 Cr | 2.25% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹90.06 Cr | 2.13% |
| Britannia Industries Ltd | Equity | ₹85.49 Cr | 2.02% |
| Whirlpool of India Ltd | Equity | ₹84.06 Cr | 1.99% |
| Treps | Cash - Repurchase Agreement | ₹83.09 Cr | 1.96% |
| Nestle India Ltd | Equity | ₹82.52 Cr | 1.95% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹82.13 Cr | 1.94% |
| Greenply Industries Ltd | Equity | ₹76.19 Cr | 1.80% |
| Eicher Motors Ltd | Equity | ₹74.41 Cr | 1.76% |
| Electronics Mart India Ltd | Equity | ₹72.71 Cr | 1.72% |
| Dabur India Ltd | Equity | ₹70.09 Cr | 1.66% |
| Sapphire Foods India Ltd | Equity | ₹66.92 Cr | 1.58% |
| Page Industries Ltd | Equity | ₹66.8 Cr | 1.58% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹66.79 Cr | 1.58% |
| HDFC Asset Management Co Ltd | Equity | ₹66.31 Cr | 1.57% |
| TVS Motor Co Ltd | Equity | ₹64.71 Cr | 1.53% |
| Havells India Ltd | Equity | ₹60.78 Cr | 1.44% |
| Go Fashion (India) Ltd | Equity | ₹59.46 Cr | 1.40% |
| Kajaria Ceramics Ltd | Equity | ₹59.25 Cr | 1.40% |
| Campus Activewear Ltd | Equity | ₹58.51 Cr | 1.38% |
| Century Plyboards (India) Ltd | Equity | ₹56.65 Cr | 1.34% |
| Prince Pipes And Fittings Ltd Ordinary Shares | Equity | ₹48.73 Cr | 1.15% |
| R R Kabel Ltd | Equity | ₹46.51 Cr | 1.10% |
| Honasa Consumer Ltd | Equity | ₹43.85 Cr | 1.04% |
| Bata India Ltd | Equity | ₹42.85 Cr | 1.01% |
| Flair Writing Industries Ltd | Equity | ₹40.57 Cr | 0.96% |
| Net Receivables / (Payables) | Cash | ₹-0.55 Cr | 0.01% |
| Mirae Asset Liquid Dir Gr | Mutual Fund - Open End | ₹0.15 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
62.42%
Mid Cap Stocks
7.81%
Small Cap Stocks
28.48%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹1,897.46 Cr | 44.82% |
| Consumer Defensive | ₹1,034.45 Cr | 24.44% |
| Industrials | ₹366.92 Cr | 8.67% |
| Basic Materials | ₹307.31 Cr | 7.26% |
| Communication Services | ₹305.89 Cr | 7.23% |
| Healthcare | ₹172.19 Cr | 4.07% |
| Financial Services | ₹66.31 Cr | 1.57% |
Risk & Performance Ratios
Standard Deviation
This fund
12.58%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.26
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Ankit Jain
Since October 2016
Siddhant Chhabria
Since June 2021
Additional Scheme Detailsas of 31st July 2024
ISIN | INF769K01135 | Expense Ratio | 1.85% | Exit Load | 1.00% | Fund Size | ₹4,233 Cr | Age | 29 Mar 2011 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty India Consumption TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity - Consumption Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Nifty Consumption ETF Very High Risk | 0.3% | - | ₹15.57 Cr | 44.6% |
| Kotak NIFTY India Consumption ETF Very High Risk | 0.1% | - | ₹1.68 Cr | 44.9% |
| ICICI Prudential Nifty FMCG ETF Very High Risk | 0.2% | - | ₹353.56 Cr | 26.0% |
| ICICI Prudential Nifty India Consumption ETF Very High Risk | 0.2% | - | ₹48.58 Cr | 44.8% |
| Sundaram Consumption Fund Regular Growth Very High Risk | 2.2% | 0.0% | ₹1629.47 Cr | 36.3% |
| Nippon India Consumption Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1700.54 Cr | 41.5% |
| Aditya Birla Sun Life India GenNext Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹6010.67 Cr | 36.5% |
| Baroda BNP Paribas India Consumption Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1519.57 Cr | 42.6% |
| Baroda BNP Paribas India Consumption Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1519.57 Cr | 44.7% |
| Nippon India ETF Consumption Very High Risk | 0.3% | - | ₹95.58 Cr | 44.5% |
About the AMC
Total AUM
₹1,93,693 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Ankit Jain
- Siddhant Chhabria
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