Rating : N/A
Mirae Asset Great Consumer Direct Plan Dividend Reinvestment
 ÂSectoral Fund
Fund Type
Open Ended
Investment Plan
Dividend Reinvestment
Investment Plan
1%
Benchmark
S&P BSE 200 India TR INR
Asset Size
986.98 Cr.
(As of 31 Oct, 2020)
Risk
High
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
Ankit Jain
Exit load
1 %
(If redeemed within 365 days)Minimum sip
₹1000
Minimum investment
₹5000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
ITC Ltd
7.30%
Hindustan Unilever Ltd
7.14%
Bharti Airtel Ltd
6.39%
Britannia Industries Ltd
4.75%
Sector Allocation
About the Scheme Type
As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.
Ratings
This fund is rated 0 stars by Morning Star Ratings.
N/A
Overview of Mirae Asset Global Inv (India) Pvt. Ltd
Mirae Asset was founded in 1997 in the wake of the Asian financial crisis with a vision of and dedication to serving clients in a way to help them build wealth for life with proven investment strategies.
As on 12th March 2019, Mirae Asset Management’s AUM (Assets under Management) had crossed the important threshold of Rs 25,000 Cr (Rs 22,000 in equity and Rs 3,100 in debt),
witnessing a growth of over 50% in calendar year 2018.
- Mirae Asset Global Investments (India) Pvt. Ltd. was established in India, in November 2007, with a seed capital of US$ 50 million
- Mirae Asset Mutual Fund is sponsored by Mirae Asset Global Investments Co. Limited, South Korea
- Mirae Asset present in India as a Foreign Institutional Investor (FII) since 2004
- Mirae Asset Global Investments India provides advisory services to Hong Kong & Korean offices
- Mix of domestic and international businesses providing stable growth for Mirae Asser India business