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) |
| 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 installments |
| 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 Dividend Option (Payout & Re-investment) |
| Monthly Average AUM (₹ Cr.) as on August 31, 2020 |
1,003.77 |
| Net AUM (₹ Cr.) | 1,012.62 |
| Monthly Avg. Expense Ratio
(Including Statutory Levies) as on August 31, 2020 |
Regular Plan: 2.24% Direct Plan: 0.65% |
| # S&P BSE 200 (TRI) has been changed to NIFTY India Consumption (TRI), w.e.f 30th April 2019. Please refer addendum & corrigendum dated 26th April 2019 & May 04, 2019 respectively. | |
| ANY DATE SIP provides one of the better investment experiences by allowing the investor to choose any investment date of the month (i.e., from 1st to 28th) depending upon the investors' expense and income flow. | |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct Plan | Regular Plan |
| Growth Option | ₹ 39.350 | ₹ 35.541 |
| Dividend Option | ₹ 35.585 | ₹ 15.064 |
| Volatility | 20.61% |
| Beta: | 1.02 |
| R Squared | 0.85 |
| Sharpe Ratio#: | 0.11 |
| Information Ratio | 0.14 |
| Portfolio Turnover Ratio^ | 0.69 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 August 2020.^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation |
| Consumer Non Durables | |
| ITC Ltd | 7.04% |
| Hindustan Unilever Ltd | 6.80% |
| Tata Consumer Products Ltd | 5.31% |
| Britannia Industries Ltd | 4.97% |
| Emami Ltd | 4.07% |
| Marico Ltd | 4.01% |
| Dabur India Ltd | 3.05% |
| Kansai Nerolac Paints Ltd | 3.04% |
| Jyothy Labs Ltd | 2.81% |
| Nestle India Ltd | 2.13% |
| United Breweries Ltd | 1.50% |
| Consumer Durables | |
| Titan Company Ltd | 3.48% |
| TTK Prestige Ltd | 2.14% |
| Voltas Ltd | 1.97% |
| Century Plyboards (India) Ltd | 1.96% |
| Havells India Ltd | 0.85% |
| VIP Industries Ltd | 0.06% |
| Whirlpool of India Ltd | 0.05% |
| Auto | |
| TVS Motor Company Ltd | 4.53% |
| Maruti Suzuki India Ltd | 4.05% |
| Banks | |
| HDFC Bank Ltd | 3.86% |
| Axis Bank Ltd | 3.24% |
| ICICI Bank Ltd | 1.17% |
| Telecom - Services | |
| Bharti Airtel Ltd | 7.25% |
| Finance | |
| SBI Life Insurance Company Ltd | 2.29% |
| Nippon Life India Asset Management Ltd | 2.23% |
| Max Financial Services Ltd | 2.09% |
| Retailing | |
| Avenue Supermarts Ltd | 2.22% |
| Aditya Birla Fashion and Retail Ltd | 1.34% |
| Auto Ancillaries | |
| CEAT Ltd | 2.82% |
| Construction | |
| Kajaria Ceramics Ltd | 2.67% |
| Textile Products | |
| Page Industries Ltd | 2.03% |
| Industrial Products | |
| Prince Pipes And Fittings Ltd | 1.70% |
| Equity Holding Total | 98.70% |
| Cash & Other Receivables | 1.30% |
| Total | 100.00% |
| Positions Exited |
| Stock |
| Consumer Durables |
| Crompton Greaves Consumer Electricals Limited |
| Positions Increased |
| Stock |
| Auto Ancillaries |
| CEAT Limited |
| Consumer Durables |
| Voltas Limited |
| Consumer Non Durables |
| Britannia Industries Limited |
| Emami Limited |
| Hindustan Unilever Limited |
| ITC Limited |
| Nestle India Limited |
| Finance |
| Nippon Life India Asset Management Limited |
| SBI Life Insurance Company Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Textile Products |
| Page Industries Limited |
| Positions Decreased |
| Stock |
| Auto |
| Maruti Suzuki India Limited |
| TVS Motor Company Limited |
| Banks |
| HDFC Bank Limited |
| ICICI Bank Limited |
| Consumer Durables |
| Havells India Limited |
| VIP Industries Limited |
| Consumer Non Durables |
| Tata Consumer Products Limited |
| United Breweries Limited |
| Record Date | Dividend (₹) | Face Value ( ₹) | Cum Nav ( ₹) |
17-Oct-17 |
0.50 per Unit |
10 |
16.940 |
12-Mar-18 |
1.00 per Unit |
10 |
17.383 |
06-Dec-18 |
1.50 per Unit |
10 |
17.052 |
16-Dec-19 |
1.50 per Unit |
10 |
17.187 |
Past Performance may or may not be sustained in future.
Pursuant to payment of dividend the NAV of the dividend option of the scheme will fall to the extent of payout and
statutory levy (if any). Dividend history is for MAGCF - Regular Plan - Dividend Option
| Returns (%) | ||||
| 1 Yr | 3 Yrs | 5 Yrs | SI | |
| MAGCF | 7.39 |
6.13 |
10.88 |
14.39 |
| Scheme Benchmark* | 9.15 |
5.01 |
9.31 |
13.44 |
| Additional Benchmark** | 4.60 |
8.04 |
9.39 |
9.31 |
| NAV as on 31st August, 2020 | 35.541 | |||
| Index Value (31st August, 2020) | Index Value of Scheme benchmark is 6039.13 and S&P BSE Sensex (TRI) is 56932.37 | |||
| Allotment Date | 29th March, 2011 | |||
| Scheme Benchmark | *Nifty India Consumption Index (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2. Fund manager : Mr. Ankit Jain managing the scheme since October, 2016
| Period | Total Amount Invested | Mkt Value as on 31-August-2020 |
SI |
1,130,000 |
2,142,331 |
7 Yrs |
840,000 |
1,236,153 |
5 Yrs |
600,000 |
754,294 |
3 Yrs |
360,000 |
385,462 |
1 Yr |
120,000 |
127,189 |
Returns (%) |
Period |
||||
SI |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
13.09 |
10.85 |
9.08 |
4.49 |
11.30 |
Benchmark Return& (%) |
11.45 |
9.22 |
7.55 |
4.48 |
13.96 |
Add. Benchmark Return& (%) |
10.24 |
9.15 |
8.96 |
6.23 |
13.78 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
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
• Degree of risk – HIGH
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
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 