MIRAE ASSET
GREAT CONSUMER FUND - (MAGCF)
(Sectoral/Thematic Fund - An open ended equity scheme following consumption theme)
| Type of Scheme | Sectoral/Thematic Fund - An open ended equity scheme following consumption theme |
| Investment Objective | 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 |
Fund Manager** |
Mr. Ankit Jain (since Oct 2016) and Mr. Siddhant Chhabria (since June 21, 2021) |
| Allotment Date | 29th March, 2011 |
| Benchmark Index | Nifty India Consumption Index (TRI) |
| Minimum Investment Amount |
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹ 1,000/- per application and in multiples of ₹ 1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: ₹1,000/- (multiples of ₹1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option. |
| Load Structure |
Entry load: NA Exit load: I. For investors who have opted for SWP under the plan: a) 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. b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): •If redeemed within 1 year (365 days) from the date of allotment: 1% •If redeemed after 1 year (365 days) from the date of allotment: NIL II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out): •If redeemed within 1 year (365 days) from the date of allotment: 1% •If redeemed after 1 year (365 days) from the date of allotment: NIL |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option and IDCW^ Option (Payout & Re-investment) |
| Monthly Average AUM (₹ Cr.) as on January 31, 2022 |
1,650.00 |
| Net AUM (₹ Cr.) | 1,626.80 |
| Monthly Avg. Expense Ratio
(Including Statutory Levies) as on January 31, 2022 |
Regular Plan: 2.12% Direct Plan: 0.58% |
| **For experience of Fund Managers Click Here | |
| ^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. | |
| NAV: | Direct | Regular |
| Growth | ₹ 61.310 | ₹ 54.142 |
| IDCW | ₹ 51.061 | ₹ 21.099 |
| Volatility | 19.52% |
| Beta: | 1.04 |
| R Squared | 0.84 |
| Sharpe Ratio#: | 0.69 |
| Information Ratio | 0.31 |
| Portfolio Turnover Ratio^ | 0.63 times |
@The Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio are calculated on returns from last three years Monthly data points. # Risk free rate: FBIL OVERNIGHT MIBOR as on 31st January, 2022.^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation | |
| Consumer Non Durables | ||
| ITC Ltd | 6.36% | |
| Hindustan Unilever Ltd | 4.96% | |
| Asian Paints Ltd | 4.84% | |
| Britannia Industries Ltd | 3.48% | |
| Marico Limited | 2.95% | |
| United Spirits Limited | 2.74% | |
| Emami Limited | 2.14% | |
| Jyothy Labs Limited | 2.12% | |
| Varun Beverages Limited | 2.03% | |
| Procter & Gamble Hygiene and Health Care Limited | 1.36% | |
| Colgate Palmolive (India) Limited | 1.23% | |
| Nestle India Limited | 1.20% | |
| Dabur India Ltd | 0.99% | |
| Tata Consumer Products Limited | 0.04% | |
| Consumer Durables | ||
| Bata India Limited | 3.49% | |
| Titan Company Ltd | 3.12% | |
| Voltas Ltd | 2.25% | |
| Century Plyboards (India) Limited | 1.99% | |
| Kajaria Ceramics Ltd | 1.81% | |
| Stove Kraft Limited | 1.67% | |
| Greenply Industries Limited | 1.59% | |
| Auto | ||
| TVS Motor Company Ltd | 4.10% | |
| Tata Motors Limited | 3.18% | |
| Maruti Suzuki India Ltd | 2.70% | |
| Banks | ||
| Axis Bank Ltd | 4.70% | |
| HDFC Bank Ltd | 4.02% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 6.93% | |
| Healthcare Services | ||
| Krishna Institute Of Medical Sciences Limited | 2.40% | |
| Vijaya Diagnostic Centre Limited | 1.59% | |
| Auto Ancillaries | ||
| MRF Limited | 2.00% | |
| CEAT Limited | 1.62% | |
| Retailing | ||
| Zomato Limited | 1.31% | |
| Go Fashion (India) Limited | 0.88% | |
| FSN E-Commerce Ventures Limited | 0.71% | |
| Industrial Products | ||
| Prince Pipes And Fittings Limited | 2.64% | |
| Textile Products | ||
| Page Industries Ltd | 2.09% | |
| Capital Markets | ||
| UTI Asset Management Company Limited | 1.68% | |
| Leisure Services | ||
| Westlife Development Limited | 1.53% | |
| Insurance | ||
| SBI Life Insurance Company Limited | 1.52% | |
| Finance | ||
| SBI Cards and Payment Services Limited | 1.30% | |
| Equity Holding Total | 99.26% | |
| Cash & Other Receivables | 0.74% | |
| Total | 100.00% | |
| New Position Bought |
| Stock |
| Retailing |
| FSN E-Commerce Ventures Limited |
| Positions Increased |
| Stock |
| Industrial Products |
| Prince Pipes And Fittings Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Auto |
| Tata Motors Limited |
| Consumer Durables |
| Titan Company Limited |
| Consumer Non Durables |
| Marico Limited |
| United Spirits Limited |
| Asian Paints Limited |
| Hindustan Unilever Limited |
| Retailing |
| Zomato Limited |
| Positions Decreased |
| Stock |
| Consumer Non Durables |
| Nestle India Limited |
| Colgate Palmolive (India) Limited |
| ITC Limited |
| Tata Consumer Products Limited |
| Consumer Durables |
| Century Plyboards (India) Limited |
| Auto |
| Maruti Suzuki India Limited |
| Record Date | IDCW (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
12-Mar-18 |
1.00 per Unit |
10 |
17.383 |
06-Dec-18 |
1.50 per Unit |
10 |
17.052 |
16-Dec-19 |
1.50 per Unit |
10 |
17.187 |
23-Mar-21 |
1.50 per Unit |
10 |
18.833 |
Past Performance may or may not be sustained in future.
Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the extent of payout and
statutory levy (if any). IDCW history is for MAGCF - Regular Plan - IDCW Option
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAGCF | 28.22 |
17.51 |
18.17 |
16.84 |
| Scheme Benchmark* | 20.52 |
15.01 |
14.17 |
15.04 |
| Additional Benchmark** | 26.45 |
18.26 |
17.33 |
12.30 |
| NAV as on 31st January, 2022 | 54.142 | |||
| Index Value (31st January, 2022) | Index Value of Scheme benchmark is 8,408.87 and S&P BSE Sensex (TRI) is 86,594.54 | |||
| Allotment Date | 29th March, 2011 | |||
| Scheme Benchmark | *Nifty India Consumption Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2. Fund manager : Mr. Ankit Jain & Mr. Siddhant Chhabria managing the scheme since October, 2016 & June 21, 2021.
| Period | Total Amount Invested | Mkt Value as on 31-January-2022 |
SI |
1,300,000 |
3,466,840 |
10 Yrs |
1,200,000 |
2,939,167 |
7 Yrs |
840,000 |
1,522,286 |
5 Yrs |
600,000 |
933,363 |
3 Yrs |
360,000 |
507,515 |
1 Yr |
120,000 |
131,311 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
17.09 |
17.06 |
16.68 |
17.70 |
23.58 |
17.85 |
Benchmark Return& (%) |
14.53 |
14.16 |
13.44 |
14.16 |
19.42 |
14.58 |
Add. Benchmark Return& (%) |
14.81 |
15.12 |
16.28 |
18.22 |
23.21 |
16.41 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
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
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 