Mirae Asset Great Consumer Fund
Mirae Asset Mutual Fund · Sectoral/Thematic · Direct plan, growth option
NAV (₹), 1 Oct 2026
105.9210
1-day change
-1.68%
1Y return
-7.0%
3Y CAGR
9.3%
5Y CAGR
11.3%
Max drawdown, 5Y
−23.5%
NAV history month-end NAV, ₹ · 2 Jan 2013 to 1 Oct 2026
Returns vs Sectoral/Thematic median (253 schemes) and “Consumption & FMCG” median (25)
| Period | Scheme | Category median | Consumption & FMCG median |
|---|---|---|---|
| 1 month | -6.5% | -5.4% | -6.5% |
| 3 months | -4.3% | -2.8% | -4.4% |
| 6 months | 8.2% | 8.9% | 7.5% |
| Year to date | -7.1% | -2.0% | -8.1% |
| 1 year | -7.0% | 1.4% | -8.4% |
| 3 years (CAGR) | 9.3% | 13.0% | 8.2% |
| 5 years (CAGR) | 11.3% | 12.0% | 10.4% |
| 7 years (CAGR) | 15.6% | 17.0% | 13.8% |
| 10 years (CAGR) | 15.4% | 14.6% | 13.0% |
| Since first NAV (CAGR) | 16.1% | – | – |
“Consumption & FMCG” is MFIC's grouping of Sectoral/Thematic schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 15.9% | 11.8% |
| 3Y rolling median | 18.5% | 17.5% |
| 3Y rolling worst | 1.3% | 3.0% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | 93% | 84% |
| 5Y rolling median | 18.6% | 15.6% |
| 5Y rolling worst | 3.8% | 1.8% |
| 5Y periods ahead of benchmark | 100% | 91% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 17.5% | 16.7% |
| Sharpe ratio | 0.18 | 0.42 |
| Sortino ratio | 0.26 | 0.63 |
| Beta | 1.03 | 0.96 |
| Alpha (ann.) | -0.3% | 3.7% |
| Upside capture | 107.05 | 106.94 |
| Downside capture | 108.12 | 95.17 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −35.5% | −23.1% |
| Maximum drawdown, last 10Y | −35.5% | −38.3% |
| Maximum drawdown, last 5Y | −23.5% | −22.3% |
| Current drawdown | −13.8% | −8.3% |
| Recovery time of worst fall | 242 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.07% a year and the Direct plan's 0.70%, a gap of 1.37%; over the last 3 years the Direct plan returned 1.55 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹31,86,889.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER increased from 0.67% to 0.70% (AMFI TER disclosure)
- 29 Sep 2026: TER increased from 0.66% to 0.67% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Siddhant Chhabria | Primary | 21 Jun 2021 |
Objective: The investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of companies/funds/Entities that are likely to benefit either directly or indirectly from consumption led demand in India. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Indian Equities and Equity Related Securities of companies/Entities that are likely to benefit either directly or indirectly from consumption led demand : 80% TO 100% Money market instruments and other liquid instruments^/ Units issued by InVITs/Units of Domestic Mutual Fund@ : 0 TO 20% ^Other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, repo on Government securities and any other instruments as specified by the SEBI. @The scheme may invest in the units of Overnight Fund, Money Market Fund & Liquid Fund (including Liquid ETFs) of Domestic Mutual Fund.
Benchmark (tier 1): Nifty India Consumption Index (TRI)
Exit load: If redeemed within 1 month (30 days) from the date of allotment: 1% If redeemed after 1 month (30 days) from the date of allotment: NIL
Minimum application: ₹5,000
Allotment date: 5 Nov 2009
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.70% | 1.15% |
| AUM, whole scheme (₹ crore) | 4,455 | 1,272 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -4.9% | -7.5% TRI |
| Return, 3 years (AMFI) | 9.9% | 10.4% TRI |
| Return, 5 years (AMFI) | 11.7% | 10.1% TRI |
| Month-ends above category median (3Y CAGR) | 74% | 53% median |
| Month-ends in category top quartile (3Y) | 32% | 24% median |
| 7Y rolling CAGR, median (monthly windows) | 17.5% | 15.2% median |
Official benchmark: Nifty India Consumption TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Sectoral/Thematic Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -7.1% | -7.8% | +0.7% |
| 2025 | 4.8% | 7.7% | −2.8% |
| 2024 | 18.9% | 15.6% | +3.3% |
| 2023 | 34.9% | 26.5% | +8.3% |
| 2022 | 8.9% | 3.8% | +5.1% |
| 2021 | 35.2% | 30.6% | +4.6% |
| 2020 | 13.0% | 17.2% | −4.2% |
| 2019 | 10.4% | n/a | – |
| 2018 | 3.2% | n/a | – |
| 2017 | 53.1% | n/a | – |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,16,342 | -5.6% |
| 3 years | ₹3,60,000 | ₹3,69,222 | 1.6% |
| 5 years | ₹6,00,000 | ₹7,54,598 | 9.1% |
| 10 years | ₹12,00,000 | ₹25,41,778 | 14.4% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Sectoral/Thematic
Plan / option: Direct · Growth
AMFI scheme code: 118837
ISIN: INF769K01BL5
First NAV in MFIC data: 2 Jan 2013
History: 13.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Baroda BNP Paribas India Consumption Fund | Sectoral/Thematic | 0.98 | 8.2% |
| Aditya Birla Sun Life Consumption Fund | Sectoral/Thematic | 0.98 | 7.2% |
| Axis Consumption Fund | Sectoral/Thematic | 0.98 | n/a |
| Mahindra Manulife Consumption Fund | Sectoral/Thematic | 0.98 | 8.4% |
| UTI - India Consumer Fund | Sectoral/Thematic | 0.98 | 8.2% |
| Kotak Consumption Fund | Sectoral/Thematic | 0.97 | n/a |
Questions about Mirae Asset Great Consumer Fund
- What is the latest NAV of Mirae Asset Great Consumer Fund?
- The NAV of the Direct plan (growth option) was ₹105.9210 on 1 Oct 2026, as published by AMFI.
- Which category is Mirae Asset Great Consumer Fund in?
- It is classified as Sectoral/Thematic in AMFI's daily NAV file; a Sectoral/Thematic scheme invests at least 80% in one sector or theme. MFIC compares it with 253 Sectoral/Thematic schemes (Direct plans).
- What returns has Mirae Asset Great Consumer Fund delivered?
- Over one year the NAV changed by -7.0%. The 3-year CAGR is 9.3% (category median 13.0%) and the 5-year CAGR is 11.3% (category median 12.0%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 18.5%, the lowest was 1.3%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 93% of those periods.
- What was the largest fall in Mirae Asset Great Consumer Fund's NAV?
- The largest peak-to-trough fall in its available history was 35.5%; within the last five years it was 23.5% (category median 22.3%).
- How volatile is Mirae Asset Great Consumer Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 17.5%, which is above the Sectoral/Thematic category median of 16.7%.
- What would a monthly SIP in Mirae Asset Great Consumer Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,54,598 on 1 Oct 2026, an annualised return (XIRR) of 9.1%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Mirae Asset Great Consumer Fund?
- The total expense ratio of the Direct plan is 0.70% a year, as disclosed to AMFI (median of Sectoral/Thematic Direct plans: 1.15%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Mirae Asset Great Consumer Fund?
- Assets under management of the whole scheme were ₹4,455 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Mirae Asset Great Consumer Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Mirae Asset Great Consumer Fund and how has it compared?
- Its official benchmark is the Nifty India Consumption TRI. Over 3 years AMFI reports a return of 9.9% for this plan against 10.4% for the benchmark total return index; over 5 years 11.7% against 10.1%. Past performance does not indicate future results.
- How often has Mirae Asset Great Consumer Fund beaten its category?
- At 74% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Sectoral/Thematic schemes (Direct plans); it was in the top quarter at 32% of them. A typical scheme would show about 50%.
- Who manages Mirae Asset Great Consumer Fund?
- According to its Scheme Summary Document, Mirae Asset Great Consumer Fund is managed by Siddhant Chhabria (since 21 Jun 2021).
- What is the exit load of Mirae Asset Great Consumer Fund?
- As stated in its scheme documents: If redeemed within 1 month (30 days) from the date of allotment: 1% If redeemed after 1 month (30 days) from the date of allotment: NIL Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Mirae Asset Great Consumer Fund?
- The minimum application amount is ₹5,000. SIP details: 500.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -7.0% and the Regular plan's by -8.3%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.