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>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
6 people have invested ₹ 9K in mutual fund in the last three months
Fund Performance as on (19-Jan-23)
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 | 0.52% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹2044 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 60.95% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
65.2%
Small cap
19.9%
Mid cap
14.8%
Sector Allocation
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 Holdings36
Debt Holdings1
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
ITC Ltd | 7.46% | 7% | |
Hindustan Unilever Ltd | 5.26% | 3.7% | |
Maruti Suzuki India Ltd | 5.13% | 20.2% | |
Bharti Airtel Ltd | 4.85% | -9.6% | |
Titan Co Ltd | 4.58% | 0% |
See all
What changed
in last one month
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)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
UTI Asset Management Company Ltd | 12.5% |
Westlife Foodworld Ltd | 9.9% |
Axis Bank Ltd | 3.3% |
Top Losers | 1M Return |
|---|---|
Havells India Ltd | -12% |
Page Industries Ltd | -9.9% |
Maruti Suzuki India Ltd | -6.3% |
Peer Analysis
Fund Manager
Ankit Jain
Fund Manager of Mirae Asset Great Consumer Direct Plan Reinvestment of Income Distribution cum capital withdrawal, since 5 October 2016
Top funds managed
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
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
Very High Risk
Investors understand that their principal will be at Very High Risk
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
This fund has an allocation of 99.9% in Equity, 0% in Debt and 0.09% in Cash related instruments
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%
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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Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.