Mirae Asset Great Consumer Regular Growth

• Alpha 4.15%
• Beta 1.02
• Sharpe Ratio0.58
• Std Deviation 15.15%
• Tracking Error 8.12%

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 Scheme does not guarantee or assure any returns.

The Mirae Asset Great Consumer Regular Growth has an AUM of 4386.24 crores & has delivered CAGR of 13.98% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.84%. The minimum investment in Mirae Asset Great Consumer Regular Growth is Rs 5000 and the minimum SIP is Rs 99.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Eternal, Mahindra & Mahindra Ltd, Maruti Suzuki India & Bharti Airtel.

The major sectors where the fund is invested are Auto & Truck Manufacturers, Computer Services, Communications Services & Jewelry & Silverware.

Some of the similar funds are Mirae Asset Great Consumer Regular Growth, ICICI Prudential Bharat Consumption Fund Regular Growth, SBI Consumption Opportunities Fund Regular Plan Growth, Aditya Birla Sun Life Consumption Fund Growth, Axis Consumption Fund Regular Growth. Mirae Asset Great Consumer Regular Growth has a sharpe ratio of 0.58 & a standard deviation of 15.15%.