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 October 31, 2023 |
2,665.55 |
| Net AUM (₹ Cr.) | 2,644.00 |
| Monthly Total Expense Ratio
(Including Statutory Levies) as on October 31, 2023 |
Regular Plan: 1.94% Direct Plan: 0.50% |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 80.239 | ₹ 68.997 |
| IDCW | ₹ 56.760 | ₹ 22.755 |
| New Position Bought |
| Stock |
| Automobiles |
| Mahindra & Mahindra Limited |
| Positions Increased |
| Stock |
| Automobiles |
| Eicher Motors Limited |
| Consumer Durables |
| Campus Activewear Limited |
| Kajaria Ceramics Limited |
| Financial Technology (Fintech) |
| PB Fintech Limited |
| Healthcare Services |
| Krishna Institute Of Medical Sciences Limited |
| Vijaya Diagnostic Centre Limited |
| Household Products |
| Jyothy Labs Limited |
| Personal Products |
| Dabur India Limited |
| Retailing |
| Avenue Supermarts Limited |
| Go Fashion (India) Limited |
| Positions Decrease |
| Stock |
| Automobiles |
| Maruti Suzuki India Limited |
| Tata Motors Limited |
| Consumer Durables |
| Titan Company Limited |
| Food Products |
| Nestle India Limited |
| Industrial Products |
| R R Kabel Limited |
| Leisure Services |
| Sapphire Foods India Limited |
| Retailing |
| Electronics Mart India Limited |
| Portfolio Holdings | % Allocation |
| Consumer Durables | |
| Titan Company Limited | 4.67% |
| Asian Paints Limited | 2.32% |
| Havells India Limited | 2.22% |
| Kajaria Ceramics Limited | 2.09% |
| Bata India Limited | 1.75% |
| Century Plyboards (India) Limited | 1.70% |
| Campus Activewear Limited | 1.59% |
| Greenply Industries Limited | 1.21% |
| Automobiles | |
| Maruti Suzuki India Limited | 4.36% |
| Eicher Motors Limited | 2.68% |
| TVS Motor Company Limited | 2.56% |
| Mahindra & Mahindra Limited | 2.40% |
| Tata Motors Limited | 1.66% |
| Diversified FMCG | |
| ITC Limited | 7.29% |
| Hindustan Unilever Limited | 5.92% |
| Retailing | |
| Trent Limited | 2.65% |
| Avenue Supermarts Limited | 2.61% |
| FSN E-Commerce Ventures Limited | 2.49% |
| Electronics Mart India Limited | 2.30% |
| Go Fashion (India) Limited | 1.92% |
| Telecom - Services | |
| Bharti Airtel Limited | 5.98% |
| Food Products | |
| Nestle India Limited | 3.02% |
| Britannia Industries Limited | 2.59% |
| Banks | |
| HDFC Bank Limited | 3.85% |
| Beverages | |
| United Spirits Limited | 3.32% |
| Healthcare Services | |
| Vijaya Diagnostic Centre Limited | 2.17% |
| Krishna Institute Of Medical Sciences Limited | 1.03% |
| Auto Components | |
| CEAT Limited | 3.19% |
| Industrial Products | |
| Prince Pipes And Fittings Limited | 1.91% |
| R R Kabel Limited | 1.01% |
| Leisure Services | |
| Sapphire Foods India Limited | 1.47% |
| Westlife Foodworld Limited | 1.13% |
| Personal Products | |
| Dabur India Limited | 2.38% |
| Household Products | |
| Jyothy Labs Limited | 2.26% |
| Financial Technology (Fintech) | |
| PB Fintech Limited | 2.11% |
| Capital Markets | |
| Nippon Life India Asset Management Limited | 1.78% |
| Transport Services | |
| InterGlobe Aviation Limited | 1.76% |
| Textiles & Apparels | |
| Page Industries Limited | 0.46% |
| Equity Holding Total | 97.83% |
| Cash & Other Receivables | 2.17% |
| Total | 100.00% |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAGCF | 14.27% | 24.55% | 16.86% | 16.58% |
| Scheme Benchmark* | 5.48% | 19.79% | 13.94% | 14.68% |
| Additional Benchmark** | 6.54% | 18.67% | 14.51% | 11.58% |
| NAV as on 31st October, 2023 | ₹68.997 | |||
| Index Value (31st October, 2023) | Index Value of Scheme benchmark is 10,321.01 and S&P BSE Sensex (TRI) is 97,769.99 |
|||
| Allotment Date | 29th March, 2011 | |||
| Scheme Benchmark | *Nifty India Consumption Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Mr. Ankit Jain & Mr. Siddhant Chhabria managing the scheme since October, 2016 & June 21, 2021.
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
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 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
| Period | Total Amount Invested | Mkt Value as on 31-October-2023 |
SI |
15,10,000 | 46,64,960 |
10 Yrs |
12,00,000 | 28,02,555 |
7 Yrs |
8,40,000 | 15,24,552 |
5 Yrs |
6,00,000 | 9,57,914 |
3 Yrs |
3,60,000 | 4,67,540 |
1 Yr |
1,20,000 | 1,33,289 |
Returns (%) |
Period |
|||||
SI |
10yrs |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
16.66 | 16.18 | 16.73 | 18.78 | 17.74 | 21.18 |
Benchmark Return& (%) |
14.09 | 13.21 | 13.51 | 15.26 | 13.65 | 13.35 |
Add. Benchmark Return& (%) |
13.16 | 13.10 | 13.75 | 14.18 | 10.19 | 6.00 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Regular Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
14-Feb-23 |
1.70 |
10.00 |
20.760 |
| Direct Plan | |||
| Record Date | Quantum (₹ per unit) |
Face Value (₹ per unit) |
NAV (₹ per unit) |
14-Feb-23 |
4.10 |
10.00 |
51.150 |
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 & Direct Plan - IDCW Option
| Volatility | 12.45% |
| Beta | 0.79 |
| R Squared | 0.84 |
| Sharpe Ratio#: | 1.42 |
| Information Ratio | 0.84 |
| Portfolio Turnover Ratio | 0.45 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 October, 2023.^Basis last rolling 12 months. |
|
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.