Mirae Asset Great Consumer Fund
Thematic-ConsumptionVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹90.94+0.13%1 day
- Return since launch
- 15.4%
- 52-week range
- ₹78.88 — ₹98.11
- AUM
- ₹4,742 Cr
Mirae Asset Great Consumer Fund is a Thematic-Consumption equity fund from Mirae Asset Mutual Fund with ₹4,742 Cr under management, launched in 2011. Over three years it has returned 3.0% a year, against 9.4% for its category. The expense ratio is 2.05% and the SEBI riskometer reading is Very High.
Performance
Mirae Asset Great Consumer Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -4.3% against -4.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -0.2% | +3.3 pts | -3.4% | -1.1% |
| 2Y | 0.3% | +0.8 pts | -0.6% | -0.8% |
| 3Y | 3.0% | −6.4 pts | 9.4% | 2.1% |
| 5Y | 9.4% | −0.2 pts | 9.6% | 8.1% |
| 7Y | 13.0% | +1.1 pts | 11.9% | 11.1% |
| 10Y | 13.5% | +1.0 pts | 12.5% | 11.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.3% | −0.4 pts | -3.9% | -4.2% |
| 3M | 1.5% | −0.8 pts | 2.3% | 1.3% |
| 6M | 12.2% | −1.3 pts | 13.5% | 11.2% |
| 1Y | -4.2% | −0.8 pts | -3.4% | -4.0% |
| 2Y | -6.6% | −0.1 pts | -6.5% | -6.9% |
| 3Y | 9.2% | −0.3 pts | 9.4% | 8.3% |
| 5Y | 10.3% | +0.7 pts | 9.6% | 9.0% |
| 7Y | 14.2% | +0.8 pts | 13.4% | 12.2% |
| 10Y | 14.0% | +1.5 pts | 12.5% | 11.2% |
Since launch (9 Mar 2011): 15.4%
Calendar-year returns
Category average11.2%
33.0%
7.2%
32.9%
17.0%
3.4%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.4% | +1.3 pts | 2.0% |
| 2024 | 17.0% | −6.1 pts | 23.1% |
| 2023 | 32.9% | +2.2 pts | 30.7% |
| 2022 | 7.2% | −1.1 pts | 8.3% |
| 2021 | 33.0% | +3.6 pts | 29.4% |
| 2020 | 11.2% | −6.0 pts | 17.2% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.05%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.61%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.40%
- Exit load
- Exit load of 1% if redeemed within 1 Month
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY India Consumption TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -0.87 | 0.54 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.02 | 1.00 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.36 | 0.44 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.45 | 0.58 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 17.01 | 16.54 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Mirae Asset Great Consumer Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity99.2%
- Debt0.0%
- Other0.8%
Market cap split
- Large65.4%
- Mid10.1%
- Small24.5%
- P/E
- 47.20
- P/B
- 7.06
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Eternal Ltd. | Services | 8.08% | ₹383 Cr | +6.89% | +7.02% | +6.21% |
| Titan Company Ltd. | Consumer Discretionary | 7.07% | ₹335 Cr | +6.59% | +6.77% | +2.05% |
| Mahindra & Mahindra Ltd. | Automobile | 6.98% | ₹331 Cr | +6.51% | +7.13% | +6.93% |
| Maruti Suzuki India Ltd. | Automobile | 6.44% | ₹305 Cr | +6.59% | +6.91% | +6.90% |
| Bharti Airtel Ltd. | Communication | 5.38% | ₹255 Cr | +6.29% | +6.39% | +6.69% |
| Asian Paints Ltd. | Materials | 4.26% | ₹202 Cr | +4.39% | +2.18% | +2.88% |
| Trent Ltd. | Services | 4.15% | ₹197 Cr | +4.80% | +4.17% | +3.94% |
| Eicher Motors Ltd. | Automobile | 4.09% | ₹194 Cr | +4.10% | +4.40% | +3.46% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 3.33% | ₹158 Cr | +2.61% | +2.45% | +2.34% |
| TVS Motor Company Ltd. | Automobile | 2.79% | ₹132 Cr | +1.98% | — | — |
| Avenue Supermarts Ltd. | Services | 2.72% | ₹129 Cr | +2.96% | +1.61% | +3.87% |
| Varun Beverages Ltd. | Consumer Staples | 2.71% | ₹129 Cr | +3.87% | +3.55% | +2.83% |
| LG Electronics India Ltd. | Consumer Discretionary | 2.52% | ₹119 Cr | +2.44% | +2.74% | — |
| ITC Ltd. | Consumer Staples | 2.32% | ₹110 Cr | +4.40% | +4.72% | +7.76% |
| Leela Palaces Hotels & Resorts Ltd. | Services | 2.17% | ₹103 Cr | +1.77% | +2.29% | +1.54% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 2.05% | ₹97.38 Cr | +2.76% | +2.48% | +1.60% |
| Vishal Mega Mart Ltd. | Services | 2.04% | ₹96.69 Cr | +2.66% | +2.97% | +2.08% |
| Honasa Consumer Ltd. | Consumer Staples | 1.95% | ₹92.49 Cr | +2.19% | +1.85% | +1.08% |
| Britannia Industries Ltd. | Consumer Staples | 1.91% | ₹90.66 Cr | +3.06% | +4.28% | +1.98% |
| Sapphire Foods India Ltd. | Services | 1.91% | ₹90.43 Cr | +0.88% | — | +1.24% |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.87% | ₹88.79 Cr | +2.27% | +1.63% | +1.89% |
| Diamond Power Infrastructure Ltd. | Capital Goods | 1.83% | ₹86.55 Cr | — | — | — |
| Century Plyboards (India) Ltd. | Materials | 1.77% | ₹83.91 Cr | +1.95% | +1.83% | +1.85% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 1.77% | ₹83.86 Cr | +0.50% | +0.77% | — |
| Campus Activewear Ltd. | Consumer Discretionary | 1.65% | ₹78.29 Cr | +2.08% | +2.25% | +1.95% |
| PB Fintech Ltd. | Services | 1.57% | ₹74.44 Cr | +0.20% | — | — |
| Ceat Ltd. | Automobile | 1.47% | ₹69.90 Cr | +1.59% | +1.71% | +1.60% |
| Westlife Foodworld Ltd. | Services | 1.46% | ₹69.39 Cr | +1.25% | +1.33% | +1.43% |
| BlueStone Jewellery and Lifestyle Ltd. | Consumer Discretionary | 1.28% | ₹60.57 Cr | — | — | — |
| Greenply Industries Ltd. | Materials | 1.21% | ₹57.59 Cr | +1.12% | +0.98% | +1.35% |
| Safari Industries (India) Ltd. | Consumer Discretionary | 1.13% | ₹53.70 Cr | +1.22% | +1.43% | +1.65% |
| FSN E-Commerce Ventures Ltd. | Services | 1.10% | ₹52.15 Cr | +1.03% | +0.82% | +1.74% |
| International Gemological Institute Ltd. | Consumer Discretionary | 1.05% | ₹49.65 Cr | +1.33% | +1.18% | +0.89% |
| Marico Ltd. | Consumer Staples | 1.01% | ₹47.95 Cr | +1.94% | +2.05% | — |
| Wakefit Innovations Ltd. | Consumer Discretionary | 0.98% | ₹46.66 Cr | +0.46% | +0.76% | — |
| Whirlpool Of India Ltd. | Consumer Discretionary | 0.87% | ₹41.04 Cr | +0.96% | +1.11% | +1.83% |
| Interglobe Aviation Ltd. | Services | 0.78% | ₹37.23 Cr | +0.71% | +2.28% | +2.80% |
| Others | Others | 0.78% | ₹36.86 Cr | -1.54% | -1.94% | +0.02% |
| Bata India Ltd. | Consumer Discretionary | 0.59% | ₹27.94 Cr | +0.62% | +0.72% | +1.33% |
| Le Travenues Technology Ltd. | Services | 0.52% | ₹24.45 Cr | +0.96% | +1.05% | +1.52% |
| Prince Pipes and Fittings Ltd. | Materials | 0.44% | ₹21.03 Cr | +0.43% | +0.40% | +0.58% |
| Mirae Asset Liquid Fund Direct- Growth | Unclassified | 0.00% | ₹0.17 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| ITC Ltd. | 3.53% | 2.32% | -1.21% |
| Sapphire Foods India Ltd. | 0.97% | 1.91% | +0.93% |
| Bharti Airtel Ltd. | 6.18% | 5.38% | -0.80% |
| Varun Beverages Ltd. | 1.93% | 2.71% | +0.79% |
| Apollo Hospitals Enterprise Ltd. | 2.65% | 3.33% | +0.68% |
| Eternal Ltd. | 7.47% | 8.08% | +0.62% |
| Trent Ltd. | 4.56% | 4.15% | -0.41% |
| Others | -0.13% | 0.28% | +0.41% |
| Le Travenues Technology Ltd. | 0.88% | 0.52% | -0.36% |
| Godrej Consumer Products Ltd. | 2.23% | 1.87% | -0.36% |
| Maruti Suzuki India Ltd. | 6.78% | 6.44% | -0.34% |
| LG Electronics India Ltd. | 2.22% | 2.52% | +0.30% |
| Titan Company Ltd. | 6.77% | 7.07% | +0.30% |
| Marico Ltd. | 1.30% | 1.01% | -0.29% |
| Mahindra & Mahindra Ltd. | 7.24% | 6.98% | -0.26% |
| PB Fintech Ltd. | 1.34% | 1.57% | +0.23% |
| Crompton Greaves Consumer Electricals Ltd. | 2.27% | 2.05% | -0.22% |
| Campus Activewear Ltd. | 1.44% | 1.65% | +0.21% |
| Leela Palaces Hotels & Resorts Ltd. | 1.96% | 2.17% | +0.20% |
| Avenue Supermarts Ltd. | 2.88% | 2.72% | -0.16% |
| Westlife Foodworld Ltd. | 1.30% | 1.46% | +0.16% |
| Asian Paints Ltd. | 4.42% | 4.26% | -0.16% |
| Wakefit Innovations Ltd. | 0.84% | 0.98% | +0.14% |
| Honasa Consumer Ltd. | 1.83% | 1.95% | +0.12% |
| Diamond Power Infrastructure Ltd. | 1.71% | 1.83% | +0.12% |
| BlueStone Jewellery and Lifestyle Ltd. | 1.17% | 1.28% | +0.11% |
| Century Plyboards (India) Ltd. | 1.87% | 1.77% | -0.10% |
| Ceat Ltd. | 1.57% | 1.47% | -0.09% |
| Britannia Industries Ltd. | 1.98% | 1.91% | -0.06% |
| Vishal Mega Mart Ltd. | 1.98% | 2.04% | +0.06% |
| FSN E-Commerce Ventures Ltd. | 1.16% | 1.10% | -0.06% |
| Eicher Motors Ltd. | 4.03% | 4.09% | +0.05% |
| Prince Pipes and Fittings Ltd. | 0.40% | 0.44% | +0.04% |
| International Gemological Institute Ltd. | 1.09% | 1.05% | -0.04% |
| Safari Industries (India) Ltd. | 1.17% | 1.13% | -0.04% |
| Greenply Industries Ltd. | 1.19% | 1.21% | +0.02% |
| Bata India Ltd. | 0.60% | 0.59% | -0.01% |
| TVS Motor Company Ltd. | 2.78% | 2.79% | +0.01% |
| Interglobe Aviation Ltd. | 0.78% | 0.78% | +0.01% |
| Lenskart Solutions Ltd. | 1.78% | 1.77% | -0.01% |
| Whirlpool Of India Ltd. | 0.87% | 0.87% | 0.00% |
| Mirae Asset Liquid Fund Direct- Growth | 0.00% | 0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,859 Cr | 2.22% | 4.3% | 5.4% | 9.6% |
 Tata India Consumer Fund | ₹2,901 Cr | 2.11% | 10.9% | 8.4% | 13.0% |
 Canara Robeco Consumption Fund | ₹1,987 Cr | 2.17% | -2.8% | 2.1% | 8.3% |
 HSBC Consumption Fund | ₹1,817 Cr | 2.19% | 11.4% | 8.8% | — |
 UTI India Consumer Fund | ₹733 Cr | 2.42% | -2.4% | 2.4% | 7.4% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long term capital appreciation by investing in equity and equity related securities of companies that are likely to benefit either directly or indirectly from consumption led demand in India.
Fund managers
- Siddhant ChhabriaMr. Chhabria is a BBA, MBA and CFA (cleared level 3)Prior to joining Mirae Asset Investment Managers (India), he has worked with HDFC securities and CRISIL Limited.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months12.16% absolute | ₹60,000 | ₹67,296 | 12.16% | |
| 1 year−4.24% annualised | ₹1,20,000 | ₹1,17,279 | −2.27% | |
| 3 years9.16% annualised | ₹3,60,000 | ₹4,15,675 | 15.47% | |
| 5 years10.31% annualised | ₹6,00,000 | ₹7,87,456 | 31.24% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Mirae Asset Great Consumer Fund?
The NAV of Mirae Asset Great Consumer Fund is ₹90.94 as on 25 Sep 2026.
What is the expense ratio of Mirae Asset Great Consumer Fund?
The expense ratio of Mirae Asset Great Consumer Fund is 2.05% per year.
What is the minimum SIP amount for Mirae Asset Great Consumer Fund?
You can start a SIP in Mirae Asset Great Consumer Fund with ₹3,000 a month.
What returns has Mirae Asset Great Consumer Fund given?
Mirae Asset Great Consumer Fund has returned -0.2% over 1 year, 3.0% over 3 years and 9.4% over 5 years (annualised).
Is there a lock-in or exit load on Mirae Asset Great Consumer Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 Month.
How risky is Mirae Asset Great Consumer Fund?
Mirae Asset Great Consumer Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-Consumption category.
Which fund house manages Mirae Asset Great Consumer Fund?
Mirae Asset Great Consumer Fund is managed by Mirae Asset Mutual Fund, which runs 52 schemes with ₹2,32,232 Cr under management.