3 Year return

Launched on January 2013 (11 years)

Investment Details


Minimum SIP Amount


Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund


Your Investment ₹3,00,000
  • Total Value


Your Investment
  • Total Value

Risk Involved


Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹3409.2 Cr.

Expense Ratio

0.44% (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.


ARQ Rating

Ratings by other agencies


Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings


Mirae Asset Mutual Fund Managers


Ankit Jain

Fund Manager since Jul 2023

View Details

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Mutual Fund Asset management company

AUM ₹164,467.60 Cr.
No. of Schemes 107
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Mirae Asset Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About Mirae Asset Great Consumer Fund Direct Plan-Growth

The Mirae Asset Great Consumer Fund Direct Plan Growth is an open-ended equity mutual fund launched by Mirae Asset Mutual Fund. The fund belongs to the sectoral/thematic category and it aims to make the most of the growth potential of the consumption-led demand in India. The fund has the aim of investing in a collection of equity that may directly or indirectly benefit from the demand of consumption-oriented industries in India.

Investment Objective of the Scheme

The prominent investment objective of Mirae Asset Great Consumer Fund Direct Plan-Growth Fund is to achieve long-term capital appreciation through investment in a well-diversified group of stocks of companies dealing with the consumer sector. The fund is managed using a basic, bottom-up methodology with the goal of identifying growing firms with high return ratios (ROE) and long-term competitive advantages. In picking investment opportunities, the fund has the freedom to invest across market caps or styles.

Key Features of The Fund

5-year return 23.08%
Expense Ratio 0.44%
Fund Manager Ankit Jain
Fund Size ₹3409.2 Cr
Risk Profile Very High

Is This Scheme Right for Me?

Investors with an investment horizon of 5 years or more who wish to take advantage of the possible growth in the evolving consumer sector in India may choose the Mirae Asset Great Consumer Fund Direct Plan-Growth scheme. If you have a moderate to high risk appetite, you may consider investing in this fund, potentially seeking long-term gains. Nonetheless, investment should be based on your financial goals and personal needs.

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
Email 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.

Combat Inflation with SIP Investments

Compound growth and steady contributions through SIPs balance the negative effects of inflation, guaranteeing that your money increases faster than inflation. Use Angel One's free SIP calculator online to estimate potential returns and plan your inflation-hedging investment strategy effectively.


What is today's NAV of Mirae Asset Great Consumer Fund?

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 Jun 20 2024 is 103.727

What is the AUM of Mirae Asset Great Consumer Fund?

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 is 3409.2 crore.

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

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 is 0.44%

What are the returns of Mirae Asset Great Consumer Fund since inception?

The Mirae Asset Great Consumer Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 19.38 since inception.

What is the minimum SIP amount to invest in Mirae Asset Great Consumer Fund?

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 is 500.

How do I invest in Mirae Asset Great Consumer Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. 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.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Mirae Asset Great Consumer Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Mirae Asset Great Consumer Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Mirae Asset Great Consumer Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.