Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

Mirae Asset Mutual Fund

Mirae Asset Great Consumer Fund Direct IDCW

★★★★★ 3rd-party

External rating

  • Source: Third-party data provider (Groww/CRISIL)
  • Original rating: 4/5, displayed as-is — TopFund does not modify third-party ratings
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria

Full rating methodology →

TopFund Score: 79/100 · Good

How this score is calculated

  • Star rating (35%)4/5
  • 3Y CAGR (30%)10.84%
  • Expense ratio (20%)0.66%
  • AUM (15%)₹4,732 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Mirae Asset Mutual Fund · Equity · Thematic

₹111.59

+44.59 (+66.55%)

AUM: ₹4,731 Cr

NAV updated 19 days ago

Plan

Direct

Option

Idcw

Risk

Very High

Expense Ratio

0.66%

Exit Load

Exit load of 1% if redeemed within 1 Month

Fund Manager

Bharti Sawant, Ankit Jain

Inception

Jan 2013

Benchmark

NIFTY India Consumption Total Return Index

Sharpe Ratio

-0.54

Std Dev (1Y)

15.03%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-3.66%

3m

+7.74%

6m

+7.83%

1y

-4.6%

3y

+10.84%

5y

+12.78%

10y

+15.78%

since inception

+12.36%

TopFund's Take on Mirae Asset Great Consumer Fund Direct IDCW

Mirae Asset Great Consumer Fund Direct IDCW holds up reasonably well within the Thematic category, backed by a 4-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 79/100.

Cost: At 0.66%, the expense ratio is meaningfully cheaper — about 33% below the Thematic category average of 0.99% (based on 873 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.54 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 15.03% is fairly typical for Thematic funds.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Equity 99.12%
Repo 1.04%

Frequently Asked Questions about Mirae Asset Great Consumer Fund Direct IDCW

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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