Mirae Asset Great Consumer Fund - Growth

Scheme 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.

Scheme Details

• Fund manager(s) – Siddhant Chhabria
• Launch date – 31-Mar-2011
• Expense ratio – 1.83% as declared on 31-Oct-2025 (category average is 2.13%)
• Benchmark - Nifty India Consumption TRI

• Min SIP amount - ₹1000
• Min investment amount (one time- first time) - ₹5000
• Min investment amount (addtional purchase) - ₹1000
• Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Mirae Asset Great Consumer Fund - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.

Tax Rate

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.

Contact Details