Mirae Asset Great Consumer Fund Overview
Category Consumption Fund
BMSMONEY Rank 8
Rating
Growth Option 21-05-2025
NAV ₹89.68(R) +0.45% ₹106.64(D) +0.46%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 7.04% 19.95% 25.35% 15.52% 14.99%
Direct 8.58% 21.73% 27.26% 17.3% 16.69%
Nifty India Consumption TRI 9.44% 20.28% 22.3% 14.21% 14.12%
SIP (XIRR) Regular -0.52% 16.49% 18.58% 17.99% 16.87%
Direct 0.88% 18.24% 20.41% 19.79% 18.62%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.68 0.34 0.53 0.36% 0.11
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
16.01% -22.29% -23.34% 0.95 11.59%

NAV Date: 21-05-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Great Consumer Fund Regular IDCW 25.12
0.1100
0.4600%
Mirae Asset Great Consumer Fund Direct IDCW 64.03
0.2900
0.4600%
Mirae Asset Great Consumer Fund - Regular Plan - Growth option 89.68
0.4100
0.4500%
Mirae Asset Great Consumer Fund - Direct Plan - Growth 106.64
0.4900
0.4600%

Review Date: 21-05-2025

Beginning of Analysis

Mirae Asset Great Consumer Fund is the 8th ranked fund in the Consumption Fund category. The category has total 12 funds. The Mirae Asset Great Consumer Fund has shown an average past performence in Consumption Fund. The fund has a Jensen Alpha of 0.36% which is lower than the category average of 0.92%, showing poor performance. The fund has a Sharpe Ratio of 0.68 which is higher than the category average of 0.67.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Consumption Mutual Funds are ideal for investors seeking to capitalize on the growth potential of the consumption-driven economy. These funds invest in companies across various sub-sectors like FMCG, retail, automobiles, and hospitality, offering exposure to a diverse range of consumption-related businesses. While they provide the potential for long-term growth and defensive characteristics, they also carry higher risks due to their concentrated exposure to the consumption sector. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in these funds. Additionally, monitoring consumer spending patterns and economic trends is crucial for success.

Mirae Asset Great Consumer Fund Return Analysis

The Mirae Asset Great Consumer Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its Consumption Fund peers and the Nifty India Consumption TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the Consumption Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of 1.97%, 8.79 and 1.58 in last one, three and six months respectively. In the same period the category average return was 1.31%, 7.79% and 1.24% respectively.
  • Mirae Asset Great Consumer Fund has given a return of 8.58% in last one year. In the same period the Nifty India Consumption TRI return was 9.44%. The fund has given 0.86% less return than the benchmark return.
  • The fund has given a return of 21.73% in last three years and rank 5th out of 12 funds in the category. In the same period the Nifty India Consumption TRI return was 20.28%. The fund has given 1.45% more return than the benchmark return.
  • Mirae Asset Great Consumer Fund has given a return of 27.26% in last five years and category average returns is 24.93% in same period. The fund ranked 3rd out of 11 funds in the category. In the same period the Nifty India Consumption TRI return was 22.3%. The fund has given 4.96% more return than the benchmark return.
  • The fund has given a return of 16.69% in last ten years and ranked 3rd out of eight funds in the category. In the same period the Nifty India Consumption TRI return was 14.12%. The fund has given 2.57% more return than the benchmark return.
  • The fund has given a SIP return of 0.88% in last one year whereas category average SIP return is 1.46%. The fund one year return rank in the category is 8th in 15 funds
  • The fund has SIP return of 18.24% in last three years and ranks 6th in 12 funds. Tata India Consumer Fund has given the highest SIP return (19.63%) in the category in last three years.
  • The fund has SIP return of 20.41% in last five years whereas category average SIP return is 19.11%.

Mirae Asset Great Consumer Fund Risk Analysis

  • The fund has a standard deviation of 16.01 and semi deviation of 11.59. The category average standard deviation is 14.89 and semi deviation is 10.83.
  • The fund has a Value at Risk (VaR) of -22.29 and a maximum drawdown of -23.34. The category average VaR is -19.44 and the maximum drawdown is -20.73. The fund has a beta of 0.95 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Consumption Fund Category
  • Good Performance in Consumption Fund Category
  • Poor Performance in Consumption Fund Category
  • Very Poor Performance in Consumption Fund Category

  • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Mirae Asset Great Consumer Fund NAV Regular Growth Mirae Asset Great Consumer Fund NAV Direct Growth
    21-05-2025 89.678 106.64
    20-05-2025 89.273 106.154
    19-05-2025 90.671 107.812
    16-05-2025 90.794 107.945
    15-05-2025 90.469 107.556
    14-05-2025 89.589 106.505
    13-05-2025 89.053 105.864
    12-05-2025 89.658 106.579
    09-05-2025 87.14 103.573
    08-05-2025 87.653 104.179
    07-05-2025 88.772 105.505
    06-05-2025 88.595 105.29
    02-05-2025 87.793 104.321
    30-04-2025 88.025 104.589
    28-04-2025 87.691 104.184
    25-04-2025 87.129 103.504
    24-04-2025 88.709 105.377
    23-04-2025 89.171 105.922
    22-04-2025 88.658 105.308
    21-04-2025 88.051 104.583

    Fund Launch Date: 09/Mar/2011
    Fund Category: Consumption Fund
    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 Description: Sectoral/Thematic Fund - An open ended equity scheme following consumption theme
    Fund Benchmark: Nifty India Consumption Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.