3 Year return
23.75%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹4233.21 Cr.
Expense Ratio
0.42% (inclusive of GST)
Exit Load
15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Mirae Asset Mutual Fund Managers
AJ
Ankit Jain
Fund Manager since Jul 2023
Fund House Details
Mirae Asset Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Invesco India Infrastructure Fund |
31.33% |
0 |
Quant Infrastructure Fund |
30.33% |
0 |
DSP Healthcare Fund |
21.63% |
0 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct Growth
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct IDCW Payout
About Mirae Asset Great Consumer Fund Direct IDCW Reinvestment
The Mirae Asset Great Consumer Fund Direct IDCW Reinvestment fund is an equity mutual fund scheme that invests in a diversified portfolio of stocks of companies in the consumer sector. The Mirae Asset Great Consumer Fund Direct IDCW Reinvestment fund is an open-ended fund. This means that the fund can issue and redeem units on a continuous basis. The expense ratio of the Mirae Asset Great Consumer Fund Direct IDCW Reinvestment fund is slightly higher than the category average.
Investment Objectives of the Scheme
The investment objective of the Mirae Asset Great Consumer Fund Direct IDCW Reinvestment fund is to generate long-term capital appreciation by investing in companies that are leaders in their respective industries and that are well-positioned to benefit from the growth of the Indian consumer market.
Key Features of The Fund
5-year return | 25.5% |
Expense Ratio | 0.42% |
Fund Manager | Ankit Jain |
Fund Size | ₹4233.21 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The Mirae Asset Great Consumer Fund Direct IDCW Reinvestment fund is suitable for investors who are looking for long-term growth and who are comfortable with the risk of moderate losses. The fund is also suitable for investors who are looking for exposure to the Indian consumer market. However, investors should be aware of the risks associated with investing in a consumer sector fund, such as the potential for volatility due to changes in consumer spending habits. In addition, it is essential to do your own research before investing in any Mutual Funds.
AMC Contact Details
Name | Mirae Asset Mutual Fund |
Launch Date | November 2007 |
Addresss | Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098. |
Contact | 1800-2090-777 |
customercare@miraeasset.com | |
Website | https://www.miraeassetmf.co.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Mirae Asset Great Consumer Fund Direct IDCW Reinvestment?
What is the AUM of Mirae Asset Great Consumer Fund Direct IDCW Reinvestment?
What is the expense ratio of Mirae Asset Great Consumer Fund Direct IDCW Reinvestment?
What are the returns of Mirae Asset Great Consumer Fund Direct IDCW Reinvestment since inception?
What is the minimum SIP amount to invest in Mirae Asset Great Consumer Fund Direct IDCW Reinvestment?
How do I invest in Mirae Asset Great Consumer Fund Direct IDCW Reinvestment?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Mirae Asset Great Consumer Fund Direct IDCW Reinvestment?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Mirae Asset Great Consumer Fund Direct IDCW Reinvestment?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Mirae Asset Great Consumer Fund Direct IDCW Reinvestment?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.