Mirae Asset Great Consumer Fund Regular IDCW

Mirae Asset Great Consumer Fund Regular IDCW is a scheme launched by Mirae Asset Mutual Fund on March 31, 2011, and falls under the Consumption fund category. It currently manages an AUM of Rs 4,403.34 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.86% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Mirae Asset Great Consumer Fund Regular IDCW trailing returns over different times are -10.49% (1 year), 8.83% (3 year) and 12.36% (5 year). The average annual return of this fund stands at -1.87%.