QUICK FUND SUMMARY
Mirae Asset Great Consumer Fund Growth is an equity mutual fund managing assets worth ₹4,388.86 Cr. The current NAV is ₹90.51 as of Jun 19. It has delivered a 5-year CAGR of 13.29%. Investors can start with a minimum SIP amount of ₹99. The fund primarily holds ITC Ltd., Bharti Airtel Ltd., Mahindra & Mahindra Ltd., Eternal Ltd. and Maruti Suzuki India Ltd..
Mirae Asset Great Consumer Fund Details
Fund Size Amount of money that is currently invested in this fund | ₹4,388.86 Cr |
Type | Equity: Sectoral/Thematic |
Minimum Investment | ₹99 |
NAV (Jun 19) NAV or Net Assest Value is the price at which you can buy or sell the units of a Mutual Fund. Most Mutual Funds declare NAV for their schemes at the end of the working day | ₹90.51 |
Plan Type | Regular |
Launch Date It is the date when the fund was opened for investors for the first time | 29 Mar 2011 |
Lock in Period The period during which the units cannot be sold or redeemed by the investor. The Lock in period starts from the day the units have been allocated | 0 days |
Plan Option | Growth |
Expense Ratio The Asset Management Company(AMC) incurs many expenses for managing and running fund. These expenses are recovered by the AMC directly from the scheme and are called Expense Ratio | 1.94% |
Withdrawal Charge | Exit load of 1% if redeemed within 1 year |
Mirae Asset Great Consumer Fund Holdings
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Returns That Could Have Been Yours
3 years ago, had you invested:
₹3,600
You could have made a profit of:
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Your Total Value could have reached:
₹4,250
Mirae Asset Great Consumer Fund Risk Indicator
The risk of the scheme is very high
As per SEBI guidelines, we've provided a riskometer to help you gauge the potential risk level of a mutual fund, ensuring that your investments align with your financial goals and risk tolerance
FAQs on Mirae Asset Great Consumer Fund
What is Mirae Asset Great Consumer Fund?
Mirae Asset Great Consumer Fund is a Growth Equity mutual fund managed by Mirae Asset Mutual Fund.
What is the current NAV of Mirae Asset Great Consumer Fund?
The current NAV of Mirae Asset Great Consumer Fund is ₹90.51 as of Jun 19.
How to invest in Mirae Asset Great Consumer Fund on share.market?
You can invest in Mirae Asset Great Consumer Fund directly on share.market by searching for the fund, selecting your preferred mode (SIP or Lumpsum), and completing your KYC-verified investment in a few steps.
What is the minimum SIP amount for Mirae Asset Great Consumer Fund?
The minimum SIP amount for Mirae Asset Great Consumer Fund is ₹99.
What is the expense ratio of Mirae Asset Great Consumer Fund?
The expense ratio of Mirae Asset Great Consumer Fund is 1.94%.
What is the exit load of Mirae Asset Great Consumer Fund?
Mirae Asset Great Consumer Fund has an exit load as follows: exit load of 1% if redeemed within 1 year
What are the tax implications of investing in Mirae Asset Great Consumer Fund?
Short-term capital gains (STCG) on Mirae Asset Great Consumer Fund are taxed at a flat rate of 20% (plus applicable surcharge and 4% health & education cess) if you redeem your units within 12 months of purchase. If you hold your units for more than 12 months, the gains are classified as Long-Term Capital Gains (LTCG) and taxed at 12.5% without indexation benefits, but only on the component of total equity capital gains that exceeds ₹1.25 Lakh in a single financial year. Gains up to ₹1.25 Lakh are tax-exempt. The information set out above is included for general information purposes only and does not constitute legal, financial or tax advice. Tax laws are complex and subject to frequent amendments by the Government of India. In view of the individual nature of the tax consequences, each investor is advised to consult his or her own tax consultant with respect to specific tax implications arising out of their participation in the mutual fund scheme.
Disclaimer: Past performance is not an indicator of future returns.
Mutual Fund investments are subject to market risks, read all scheme related documents and carefully for more information.