Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal
Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal

Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal

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Equity
Direct
Equity - Consumption

NAV: ₹ 51.3 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
6 people have invested ₹ 9K in mutual fund in the last three months

Fund Performance as on (19-Jan-23)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-1.3%
-3.5%
1.8%
6.1%
16.9%
13.1%
Benchmark
-2.3%
2.2%
9.6%
-0.5%
15%
9.6%
Category
-
-
-
-
-
-
About the Fund

Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Ankit Jain, Siddhant Chhabria. The fund could potentially beat inflation in the long-run.

Key parameters

1) Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal has a NAV of 51.253 as on 03-02-2023.

2) Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal has 2044 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 0.52 %.

Fund Overview

Expense ratio
Expense ratio
0.52%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹2044 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
60.95%

Fund Distribution as on (31-Dec-22)

  • Equity 99.9%
  • Debt & Cash 0.1%
Size breakup
Large cap
65.2%
Small cap
19.9%
Mid cap
14.8%

Sector Allocation

Dec'22

Nov'22

Oct'22

Consumer Cyclical

34.3%

Consumer Defensive

31.5%

Financial Services

13.4%

Basic Materials

6.5%

Industrial

5.4%

Communication

4.9%

Health

4.1%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings36
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 43.2 Cr in last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 2K Cr
Nov'22
₹ 2.1K Cr
Oct'22
₹ 2K Cr

Fund Returns vs Benchmark

Jan'23
1.19%
5.37%
Dec'22
1.07%
2.63%
Nov'22
1.19%
5.37%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
37
37
38
Top 5 Company Concentration
27.3%
26.8%
27%
Company having highest exposure
ITC Ltd (7.5%)
ITC Ltd (7%)
ITC Ltd (7%)
No of Sectors
8
8
8
Top 5 Sectors Concentration
91%
89.9%
90.2%
Sector having highest exposure
Consumer Cyclical (34.3%)
Consumer Cyclical (32.9%)
Consumer Cyclical (33.1%)

Fund Manager

Ankit Jain

Ankit Jain

Fund Manager of Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal, since 5 October 2016
Siddhant Chhabria

Siddhant Chhabria

Fund Manager of Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal, since 30 September 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Great Consumer Direct Plan Growth
17.38%
--

AMC details

Fund House
Mirae Asset Investment Managers (India) Private Limited
Total Schemes
Total AUM
₹1.19L Cr
as on 31-Dec-2022
Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Email
customercare@miraeasset.com

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.86% since inception which is more than its category average return of 14.1%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.9% in Equity, 0% in Debt and 0.09% in Cash related instruments
AUM size ₹2044 Cr

AUM size ₹2044 Cr

This fund has AUM of ₹2044 Cr which is more than its category average of ₹ 1212 Cr
Expense Ratio 0.52%

Expense Ratio 0.52%

This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.61%

Frequently Asked Questions

The current NAV of Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal is 51.25 as on 03-Feb-2023.
Existing (Absolute + CAGR)
Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
-1.29%
-1.29%
6 Month Returns
1.76%
1.76%
1 Year Returns
6.06%
6.06%
3 Years Returns
59.63%
16.87%
5 Years Returns
85.07%
13.1%
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0.52 as on January 2023
2044 Cr as on January 2023
ITC Ltd(7.46%),Hindustan Unilever Ltd(5.26%),Maruti Suzuki India Ltd(5.13%),Bharti Airtel Ltd(4.85%),Titan Co Ltd(4.58%) as on January 2023
Consumer Cyclical(34.26%),Consumer Defensive(31.44%),Financial Services(13.4%) as on January 2023
The alpha ratio for the Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal
0.05
1.41
3.06
As on January 2023
The alpha for Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal
0.86
1.03
0.99
As on January 2023
The Beta for Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal
0.19
0.64
0.46
As on January 2023
The sharpe ratio for Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal
15.07
20
18.1
As on January 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.87 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.18 as on January 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Ankit Jain,Siddhant Chhabria are the fund managers of Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal
The Exit load of Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal is 1%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.