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 |
| 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 February 28, 2021 |
1,161.85 |
| Net AUM (₹ Cr.) | 1,140.19 |
| Monthly Avg. Expense Ratio
(Including Statutory Levies) as on February 28, 2021 |
Regular Plan: 2.17% Direct Plan: 0.58% |
| # 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. | |
| **For experience of Fund Managers Click Here | |
| NAV: | Direct | Regular |
| Growth | ₹ 48.761 | ₹ 43.699 |
| Dividend | ₹ 44.095 | ₹ 18.520 |
| Volatility | 20.81% |
| Beta: | 1.01 |
| R Squared | 0.85 |
| Sharpe Ratio#: | 0.33 |
| Information Ratio | 0.33 |
| Portfolio Turnover Ratio^ | 0.81 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 27th February, 2021.^Basis last rolling 12 months. |
|
| Portfolio Holdings | % Allocation | |
| Consumer Non Durables | ||
| ITC Ltd | 8.13% | |
| Hindustan Unilever Ltd | 5.98% | |
| Britannia Industries Ltd | 4.72% | |
| Dabur India Ltd | 4.54% | |
| Tata Consumer Products Ltd | 3.42% | |
| Jyothy Labs Ltd | 3.00% | |
| Marico Ltd | 2.79% | |
| Kansai Nerolac Paints Ltd | 2.72% | |
| Procter & Gamble Hygiene and Health Care Ltd | 2.42% | |
| Nestle India Ltd | 2.26% | |
| United Spirits Ltd | 2.21% | |
| Asian Paints Ltd | 2.20% | |
| Emami Ltd | 2.20% | |
| Varun Beverages Ltd | 0.91% | |
| Consumer Durables | ||
| Century Plyboards (India) Ltd | 2.79% | |
| Voltas Ltd | 2.41% | |
| Titan Company Ltd | 2.22% | |
| TTK Prestige Ltd | 2.08% | |
| Bata India Ltd | 2.02% | |
| Auto | ||
| Maruti Suzuki India Ltd | 5.24% | |
| TVS Motor Company Ltd | 4.69% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 6.61% | |
| Banks | ||
| HDFC Bank Ltd | 3.36% | |
| Axis Bank Ltd | 2.92% | |
| Finance | ||
| UTI Asset Management Company Ltd | 3.00% | |
| Max Financial Services Ltd | 1.52% | |
| Industrial Products | ||
| Prince Pipes And Fittings Ltd | 2.82% | |
| Auto Ancillaries | ||
| CEAT Ltd | 2.80% | |
| Construction | ||
| Kajaria Ceramics Ltd | 2.03% | |
| Hotels/ Resorts and Other Recreational Activities | ||
| Westlife Development Ltd | 1.98% | |
| Textile Products | ||
| Page Industries Ltd | 1.97% | |
| Miscellaneous | ||
| Stove Kraft Ltd | 1.13% | |
| Retailing | ||
| Avenue Supermarts Ltd | 0.66% | |
| Equity Holding Total | 99.77% | |
| Cash & Other Receivables | 0.23% | |
| Total | 100.00% | |
| New Position Bought |
| Stock |
| Consumer Non Durables |
| Varun Beverages Limited |
| Positions Exited |
| Stock |
| Consumer Durables |
| Symphony Limited |
| Positions Increased |
| Stock |
| Auto Ancillaries |
| CEAT Limited |
| Banks |
| Axis Bank Limited |
| HDFC Bank Limited |
| Construction |
| Kajaria Ceramics Limited |
| Consumer Durables |
| TTK Prestige Limited |
| Consumer Non Durables |
| Tata Consumer Products Limited |
| Finance |
| Max Financial Services Limited |
| Retailing |
| Avenue Supermarts Limited |
| Positions Decreased |
| Stock |
| Auto |
| Maruti Suzuki India Limited |
| Consumer Durables |
| Bata India Limited |
| Consumer Non Durables |
| Asian Paints Limited |
| Dabur India Limited |
| ITC Limited |
| Nestle India Limited |
| Procter & Gamble Hygiene and Health Care Limited |
| United Spirits Limited |
| Textile Products |
| Page Industries 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 | 20.12 |
10.39 |
18.43 |
16.02 |
| Scheme Benchmark* | 20.43 |
7.69 |
14.19 |
14.35 |
| Additional Benchmark** | 30.00 |
14.22 |
17.89 |
11.54 |
| NAV as on 26th Febraury, 2021 | 43,699 | |||
| Index Value (26th Febraury, 2021) | Index Value of Scheme benchmark is 6,954.86 and S&P BSE Sensex (TRI) is 72,642.78. | |||
| 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 26-Febraury-2021 |
SI |
1,190,000 |
2,702,295 |
7 Yrs |
840,000 |
1,402,350 |
5 Yrs |
600,000 |
872,586 |
3 Yrs |
360,000 |
458,413 |
1 Yr |
120,000 |
151,295 |
Returns (%) |
Period |
||||
SI |
7yrs |
5yrs |
3yrs |
1yr |
|
Fund Return& (%) |
15.82 |
14.42 |
15.02 |
16.43 |
52.71 |
Benchmark Return& (%) |
13.33 |
11.32 |
11.19 |
12.17 |
34.47 |
Add. Benchmark Return& (%) |
13.91 |
14.24 |
16.62 |
19.81 |
62.49 |
& 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 – Very 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 