EQUITY•SECTORAL / THEMATIC
Mirae Asset Great Consumer Fund Direct IDCW Reinvestment
3 Year return
13.51%
NAV on August 11, 2026
69.626
1D Returns
+0.08%
Launched on January 2013(13 years)
Investment Details
₹99
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
23.83%₹858
Total Value ₹4,458
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹4,550.04 Cr.
Expense Ratio
0.65% (inclusive of GST)
Exit Load
IF REDEEMED WITHIN 1 MONTH (30 DAYS) FROM THE DATE OF ALLOTMENT: 1% IF REDEEMED AFTER 1 MONTH (30 DAYS) FROM THE DATE OF ALLOTMENT: Nil
Ratings
0
Ratings by other agencies
Value Research
3
Crisil
0
Morning Star
0
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
Mirae Asset Mutual Fund Manager
SC
Siddhant Chhabria
Fund Manager since Jun 2021
Fund House Details
Mirae Asset Mutual Fund
Asset management company
AUM
₹2,32,231.51 Cr.
No. of Schemes
163
Setup Date
November 2007
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Aditya Birla Sun Life PSU Equity Fund | 24.7224% | 0 |
| SBI PSU Fund | 25.2643% | 0 |
| LIC MF Infrastructure Fund | 26.704% | 0 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment12.2617%
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
15.1786%
Expense Ratio
0.65%
Fund Manager
Siddhant Chhabria
Fund Size
₹4550.04 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 |
| Address | 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?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mirae Asset Great Consumer Fund Direct IDCW Reinvestment on August 11, 2026, is ₹69.626
What is the AUM of Mirae Asset Great Consumer Fund Direct IDCW Reinvestment?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mirae Asset Great Consumer Fund Direct IDCW Reinvestment, is ₹4550.04 crore.
What is the expense ratio of Mirae Asset Great Consumer Fund Direct IDCW Reinvestment?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Mirae Asset Great Consumer Fund Direct IDCW Reinvestment is 0.65%
What are the returns of Mirae Asset Great Consumer Fund Direct IDCW Reinvestment since inception?
The Mirae Asset Great Consumer Fund Direct IDCW Reinvestment was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Mirae Asset Great Consumer Fund Direct IDCW Reinvestment?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mirae Asset Great Consumer Fund Direct IDCW Reinvestment is ₹99.
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.
ENTER AMOUNT
₹
₹4,458 in 3Y at 13.5068% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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