₹ 43.699
NAV (Feb 26)
Top Ranked
Scripbox recommends other funds for investment in sectoral / thematic - consumption.
Click here to see our recommendations.
Sectoral / thematic - consumption funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Track Record
10 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
1,101 Cr. Medium within the category
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Consistently Good. The fund has performed well consistently over a period of time
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Scheme Information
The investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of companies/funds that are likely to benefit either directly or indirectly from consumption led demand in India. The Scheme does not guarantee or assure any returns
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
2.16 %
Expense Ratio
Mar 29, 2011
Launched (10y ago)
₹ 1,101
AUM in Crores
INF769K01135
ISIN
No Lock-in
Lock-in
IISL Nifty India Consumption TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
Mirae Asset Investment Managers (India) Private Limited manages assets worth 63,733 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 23 equity,33 debt and 9 hybrid funds.
Tax Saving
Recommended
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₹ 5,647 Cr
Fund Size
16.5%
3Y returns
Large Cap
Recommended
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₹ 21,745 Cr
Fund Size
12.8%
3Y returns
Tax Saving
Top Ranked
₹ 5,647 Cr
Fund Size
16%
3Y returns
Large Cap
Top Ranked
₹ 21,745 Cr
Fund Size
11.7%
3Y returns
Large Cap
Top Ranked
₹ 21,745 Cr
Fund Size
11.7%
3Y returns
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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Mirae Asset Great Consumer fund (G) is a sectoral / thematic - consumption equity fund and has delivered an annualised return of 16.3% over a period of 10 years ..The fund is managed by Mirae Asset Investment Managers (India) Private Limited.The fund manager’s name is Ankit Jain.
The investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of companies/funds that are likely to benefit either directly or indirectly from consumption led demand in India. The Scheme does not guarantee or assure any returns However, there is no assurance that the objective of the scheme will be realized.
The Mirae Asset Great Consumer fund (G) fund was launched on Mar 29, 2011. The NAV (Net Asset Value) of this sectoral / thematic - consumption equity as of 2021-02-26 is ₹ 43.699. The total AUM (Asset Under Management) of the fund as of 2021-02-26 is ₹ 1100.507. The category risk of the Mirae Asset Great Consumer fund (G) fund is Very High Risk. The fund charges 2.16 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 99.8% in this asset class. The top three holdings of the fund are itc ltd,bharti airtel ltd and hindustan unilever ltd
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty India Consumption TR INR
Mirae Asset Great Consumer fund (G) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Mirae Asset Great Consumer fund (G) has a score of 3 out of 5. Scipbox has rated this fund 5 out of 5 based on consistency of performance over various years / tenures.