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).
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Scheme Information
Investment Objective
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
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.
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.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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About Mirae Asset Great Consumer fund (G)
About Mirae Asset Great Consumer fund (G)
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.
Mirae Asset Great Consumer fund (G) Investment Objective
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.
Mirae Asset Great Consumer fund (G) NAV,AUM,Risk
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.
Mirae Asset Great Consumer fund (G) Holdings
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
Mirae Asset Great Consumer fund (G) SIP
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.
Mirae Asset Great Consumer fund (G) Investment volatility and Horizon
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) Review
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.
