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At Mirae Asset, our Consumer Investment Theme responds to lasting changes in the emerging markets. Our strong conviction in long-term opportunities of the consumer theme in India has led us to develop Mirae Asset Great Consumer Fund.
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.
Allocations (% of total assets)
|Indian Equities and Equity
Related Securities of companies that are likely to benefit either directly or indirectly from consumption led demand*
|Money market instruments/ debt securities Instruments and/or units of debt/liquid schemes of domestic/ international Mutual Funds*
||Low to Medium
* - Equity and Equity related instruments include convertible debentures, equity warrants, convertible preference shares, equity derivatives etc. The Indian equities & equity related securities of companies includes those securities listed on stock exchanges in India and includes ADRs & GDRs. The Scheme will not invest in securitized debt and will not engage in short selling. The scheme can invest upto 50% of Net Assets of Scheme into equity derivatives instruments for the purpose of trading, hedging and portfolio rebalancing. The Fund may also invest the residual portion of the portfolio in Money market instruments/debt securities Instruments and/or units of debt/ liquid schemes of domestic/international Mutual Funds.
* - Companies that are likely to benefit directly or indirectly from consumption led activities.
Why Mirae Asset Great Consumer Fund (MAGCF)?
- Portfolio will comprise of growth companies which has strong return ratio (ROE) and possess sustainable competitive advantage.
- Illustrative consumption sections - FMCG, Autos, Realty, Healthcare, Education, Media & Entertainment, Banks & Financial Services, Telecom, Transportation, Tourism & Hospitality and E-commerce.
The Consumer Investment Theme responds to lasting changes in the emerging and developed markets. The AMC’s strong conviction in long-term opportunities of the consumer theme in India especially has led to develop Mirae Asset Great Consumer Fund. Mirae Asset Great Consumer Fund aims to capture the wide-ranging investment opportunities presented by this trend. It does not focus solely on the consumer sector but on a broad range of sectors that will benefit from increased consumption. The portfolio manager aims to construct a concentrated portfolio of stocks based on high conviction investment ideas. The fund manager may not have any bias towards particular market cap or style in selecting investment opportunities.