Mirae Asset Great Consumer Fund Direct Growth

Mirae Asset Great Consumer Fund Direct Growth

Equity

Mirae Mutual Fund

Equity - Consumption

Get the latest NAV of Mirae Asset Great Consumer Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹106.58

▲2.9%1D

NAV as on 12 May 2025

18.22%/per year

Since Inception

Absolute Gain%

▲▼

2201 people have invested ₹ 1.8Cr in Mirae Asset Great Consumer Fund Direct Growth in the last three months

Mirae Asset Great Consumer Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (12-May-25)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
6.21%
8.47%
-
3 Months
6.56%
7.67%
-
6 Months
-0.47%
0.81%
-
1 Year
10.45%
9.98%
-
3 Years
23.68%
18.69%
-
5 Years
27.43%
24.52%
-

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mirae Asset Great Consumer Fund
6/9
3,872Cr
0.47%
10.45%
23.68%
18.22%
Nippon India Consumption Fund Direct Growth
1/9
2,381Cr
0.58%
10.5%
24.45%
14.9%
Aditya Birla Sun Life India Gennext Fund Direct Growth
5/9
5,967Cr
0.84%
12.96%
21.35%
17.67%
SBI Consumption Opportunities Fund Direct Growth
7/9
3,028Cr
0.94%
10.97%
21.44%
16.99%
See all
img
5Y returns in the top 25% of the category
img
Among most bought funds within the category
img
Lower expense ratio
img
No bad points found for this fund.

Mirae Asset Great Consumer Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

Mirae Asset Great Consumer Fund Asset Allocation

as on (31-Mar-25)

Fund Distribution

as on (31-Mar-25)

Equity 98.5%

Debt & Cash 1.5%

Large cap
61.3%
Small cap
25.6%
Mid cap
11.6%
Mid Cap allocation has gone up from 9.9% to 11.6%
Mid Cap allocation has gone up from 9.9% to 11.6%
Large Cap allocation has gone down from 62% to 61.3%
Large Cap allocation has gone down from 62% to 61.3%
Small Cap allocation has gone down from 26.5% to 25.6%
Small Cap allocation has gone down from 26.5% to 25.6%
Cash allocation has gone down from 1.7% to 1.4%
Cash allocation has gone down from 1.7% to 1.4%

Mirae Asset Great Consumer Fund Sector Allocation

as on (31-Mar-25)

Sector Allocation

Equity 98.5%

Debt & Cash 1.5%

Consumer Cyclical
45.2%
Consumer Defensive
27.8%
Industrial
7.6%
Communication
7.5%
Basic Materials
6.5%
Health
3.9%
Financial Services
1.6%

Top 3 Sectors in March were Consumer Cyclical, Consumer Defensive & Basic Materials

Mar'25

Consumer Cyclical

45%

Consumer Defensive

28%

Industrial

8%

Feb'25

Consumer Cyclical

45%

Consumer Defensive

27%

Basic Materials

8%

Mirae Asset Great Consumer Fund Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
Bharti Airtel Ltd
7.35%
-7.1%
ITC Ltd
6.16%
5.9%
Mahindra & Mahindra Ltd
5.07%
8.9%
Maruti Suzuki India Ltd
5.06%
0%
Trent Ltd
4.51%
0%
See all
Top Stocks bought last month
Vishal Mega Mart Ltd's allocation increased from 0.5% to 2.03%
Vishal Mega Mart Ltd's allocation increased from 0.5% to 2.03%
Havells India Ltd's allocation increased from 1.64% to 2.69%
Havells India Ltd's allocation increased from 1.64% to 2.69%
Avenue Supermarts Ltd's allocation increased from 3.08% to 3.74%
Avenue Supermarts Ltd's allocation increased from 3.08% to 3.74%
Top Stocks sold last month
Bharti Airtel Ltd's allocation decreased from 7.61 % to 7.35 %
Bharti Airtel Ltd's allocation decreased from 7.61 % to 7.35 %
Maruti Suzuki India Ltd's allocation decreased from 5.58 % to 5.06 %
Maruti Suzuki India Ltd's allocation decreased from 5.58 % to 5.06 %
Hindustan Unilever Ltd's allocation decreased from 4.33 % to 3.57 %
Hindustan Unilever Ltd's allocation decreased from 4.33 % to 3.57 %

Mirae Asset Great Consumer Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.47%
Benchmark
IISL Nifty India Consumption TR INR
AUM₹3872 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹99
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
15.69%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Mirae Asset Great Consumer Fund

Mirae Asset Great Consumer Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ankit Jain. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mirae Asset Great Consumer Fund Direct Growth has ₹3872 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Mirae Asset Great Consumer Fund Direct Growth has given a CAGR return of 18.22% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.45%, 23.68% and 27.43% respectively.

Holdings

Mirae Asset Great Consumer Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Industrial, Communication, Basic Materials, Health, Financial Services. Its top holdings are Bharti Airtel Ltd, ITC Ltd, Mahindra & Mahindra Ltd, Maruti Suzuki India Ltd, Trent Ltd

Taxation

As it is a equity - consumption mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Mirae Asset Great Consumer Fund Direct Growth

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Great Consumer Fund Direct Growth has no lock in period.

Fund Manager

Ankit Jain

Fund Manager of Mirae Asset Great Consumer Fund Direct Growth, since 5 October 2016

Learn more about Mirae Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 3.9K Cr
₹ 3.6K Cr
₹ 3.9K Cr
  • AUM of the fund stands at 3.9K Cr as of Mar'25
  • AUM increased by 229.1 Cr between Mar'25 and Feb'25

Most Popular Comparisons

Mirae Asset Great Consumer Fund

VS

Aditya Birla Sun Life India Gennext Fund Direct Growth

Frequently Asked Questions for Mirae Asset Great Consumer Fund Direct Growth

What is the current NAV of Mirae Asset Great Consumer Fund Direct Growth?

The current NAV of Mirae Asset Great Consumer Fund Direct Growth is ₹106.58 as on 12-May-2025.

What are the average returns of Mirae Asset Great Consumer Fund Direct Growth?

Existing (Absolute + CAGR) as on 12-May-2025.
Mirae Asset Great Consumer Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.21%
6.21%
6 Month Returns
-0.47%
-0.47%
1 Year Returns
10.45%
10.45%
3 Years Returns
89.18%
23.68%

How do I invest in Mirae Asset Great Consumer Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Mirae Asset Great Consumer Fund Direct Growth?

0.47% as on April 2025

What is net assets under management (AUM) of Mirae Asset Great Consumer Fund Direct Growth?

₹3872 Cr as on April 2025

What are the top 5 holdings of Mirae Asset Great Consumer Fund Direct Growth?

Bharti Airtel Ltd(7.35%), ITC Ltd(6.16%), Mahindra & Mahindra Ltd(5.07%), Maruti Suzuki India Ltd(5.06%), Trent Ltd(4.51%) as on April 2025

What are the top 3 sectors that this Mirae Asset Great Consumer Fund Direct Growth has invested in?

Consumer Cyclical(44.51%), Consumer Defensive(27.39%), Industrial(7.44%) as on April 2025

What is the alpha of Mirae Asset Great Consumer Fund Direct Growth?

The alpha ratio for the Mirae Asset Great Consumer Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mirae Asset Great Consumer Fund Direct Growth
-1.31
1.54
4.6
As on April 2025
The alpha for Mirae Asset Great Consumer Fund Direct Growth is calculated against IISL Nifty India Consumption 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%.

What is the beta of Mirae Asset Great Consumer Fund Direct Growth??

The Beta ratio for the Mirae Asset Great Consumer Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mirae Asset Great Consumer Fund Direct Growth
1.03
0.96
0.91
As on April 2025
The Beta for Mirae Asset Great Consumer Fund Direct Growth is calculated with IISL Nifty India Consumption 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.

What is the sharpe ratio of Mirae Asset Great Consumer Fund Direct Growth?

The sharpe ratio for the Mirae Asset Great Consumer Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mirae Asset Great Consumer Fund Direct Growth
0.16
0.78
1.29
As on April 2025
The sharpe ratio for Mirae Asset Great Consumer Fund Direct Growth is calculated with IISL Nifty India Consumption 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.

What is the standard deviation of Mirae Asset Great Consumer Fund Direct Growth?

The standard deviation for the Mirae Asset Great Consumer Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mirae Asset Great Consumer Fund Direct Growth
21.03
16.05
14.36
As on April 2025
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.

What is the Sortino ratio of Mirae Asset Great Consumer Fund Direct Growth?

Sortino ratio is 1.28 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of Mirae Asset Great Consumer Fund Direct Growth?

Information ratio is 0.28 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

Who is the manager of Mirae Asset Great Consumer Fund Direct Growth?

Ankit Jain is the fund manager of Mirae Asset Great Consumer Fund Direct Growth

What is the exit load of Mirae Asset Great Consumer Fund Direct Growth?

The Exit load of Mirae Asset Great Consumer Fund Direct Growth is 1%