Investment Objective and Approach

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 Fund seeks to invest in a basket of stocks benefiting either directly or indirectly from consumption led demand in india

The fund follows a thematic investment approach focusing on companies across various consumer-driven sectors. Key investment features include:

- Endeavour to maintain a concentrated portfolis of 30-40 stocks, in sectors like FMCG, Autos, Realty, Healthcare, E-commerce, Media, & Entertainment, Telecom, Banks & Financial Services, Education, Transportation and Tourism & Hospitality

- The Fund is managed using a fundamental, bottom-up approach that aims to identify growth companies which have high return ratios (ROE) and possess sustainable competitive advantage

- The Fund has flexibility to invest across market cap or style in selecting investment opportunities

- Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets

Fund Managers

Bharti Sawant, Ankit Jain is the Current Fund Manager of Mirae Asset Great Consumer Fund Direct Growth fund. Mr. Siddhant Chhabria is also associated with the fund management.

Ankit Jain: Mr. Jain is a B.Tech (ICT) and MBA (Finance). Prior to joining Mirae Asset Mutual Fund (Sep. 7, 2015) as a Research Analyst he was associated with Equirus Securities Pvt Ltd. and Infosys Ltd. He has more than 5 years of professional experience and his primary responsibility includes Investment Analysis and Fund Management. Ankit Jain is managing 3 funds of Mirae AMC. Total asset under management (AUM) managed by Ankit Jain is ₹61528.1Cr.

Siddhant Chhabria: Mr. Chhabria is a BBA, MBA and CFA (cleared level 3) Prior to joining Mirae Asset Investment Managers (India), he has worked with HDFC securities and CRISIL Limited.

About the Fund House (AMC)

Mirae Asset Mutual Fund is part of the global Mirae Asset Financial Group, which has established itself as a significant player in the asset management industry worldwide.

Global Heritage: Headquartered in Seoul, South Korea, Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time. Today, Mirae Asset Mutual Fund has its presence in 14 countries spread across 5 continents.

Indian Operations: The Indian wing of the AMC, Mirae Asset Global Investments (India) Pvt. Ltd. was launched in the November of 2007, becoming only their second overseas branch after Hong Kong. Note that Mirae Asset has been present in the Indian market since 2004 as a foreign institutional investor, but they commenced domestic business only in 2008.

Current Scale: As of January 2024, The AMC had assets under management (AUM) worth Rs. 1,63,996 crore by the end of January 2024. It has over 61 lakh folios and a monthly SIP book of Rs. 879 crore. Mirae currently has 22 branches in the country. The company offers 54 primary mutual fund schemes as of Dec 2023. Out of these, there are 32 equity schemes, 15 debt schemes, 5 hybrid schemes, and 2 other schemes.

Key Performance Metrics (as of August 14, 2025):

- The AUM (i.e. assets under management) of Mirae Asset Great Consumer Fund is ₹4403.34 Cr as of 14th August 2025

- The expense ratio of Mirae Asset Great Consumer Fund Plan is 0.43 as of 14th August 2025

- The current NAV of Mirae Asset Great Consumer Fund is ₹110.97, as of 14th August 2025

Should I Invest in Mirae Asset Great Consumer Fund?

This fund is suitable for investors seeking exposure to India's consumption story through a diversified thematic approach. Consider the following factors:

Investment Suitability:

- This product is suitable for investors who are seeking Long-term capital appreciation Thematic fund investing in equity & equity related securities of companies benefitting directly or indirectly from consumption led demand in India

- The fund has a concentrated portfolio approach with 30-40 stocks

- It offers flexibility to invest across market capitalizations

- The consumption theme provides exposure to India's growing domestic demand

Investment Requirements:

- Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000.

- Exit load of 1% if redeemed within 1 year

Risk Considerations:

- The Mirae Asset Great Consumer Fund Direct Growth is rated Very High risk

- Being a thematic fund, it may experience higher volatility compared to diversified equity funds

- Performance depends on the consumption sector's outlook in India

FAQs

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

The NAV changes daily based on market performance. You can check the latest NAV on Allvest or the fund house's official website for current pricing.

What is the AUM of Mirae Asset Great Consumer Fund?

As of August 14, 2025, the fund has an AUM of ₹4,403.34 crores, making it a substantial scheme within the consumption theme category.

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

The expense ratio for the direct plan is 0.43% as of August 14, 2025, which is competitive for an actively managed thematic equity fund.

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

The fund has delivered strong long-term performance since its launch. For detailed return calculations and historical performance, check the fund factsheet on Allvest.

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

You can start a SIP with a minimum amount of ₹99 per month, making it accessible for small investors to begin their investment journey.

How do I invest in Mirae Asset Great Consumer Fund?

You can invest through Allvest's platform online by completing your KYC, selecting the fund, choosing SIP or lumpsum, and making the payment digitally.

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

Log into Allvest, search for the fund, click 'Start SIP', enter your monthly investment amount (minimum ₹99), select date and duration, then complete the auto-pay setup.

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

After setting up your SIP on Allvest, enable auto-debit through your bank account or set up a mandate for automatic monthly deductions on your chosen date.

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

You can redeem your investment through Allvest's platform by selecting the fund, choosing partial or full redemption, and the amount will be credited to your registered bank account within 2-3 working days.