The scheme seeks to generate long term capital appreciation by investing in equity and equity related securities of companies that are likely to benefit either directly or indirectly from consumption led demand in India.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Siddhant Chhabria
Mr. Chhabria is a BBA, MBA and CFA (cleared level 3)
Prior to joining Mirae Asset Investment Managers (India), he has worked with HDFC securities and CRISIL Limited.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mirae Asset Great Consumer Fund is ₹94.44 as of 2026-08-28.
Mirae Asset Great Consumer Fund is classified as a Thematic-Consumption fund.
The Assets Under Management (AUM) of Mirae Asset Great Consumer Fund is ₹4,731.84 Cr.
The expense ratio of Mirae Asset Great Consumer Fund is 2.05%.
Mirae Asset Great Consumer Fund is managed by Siddhant Chhabria.
The minimum SIP investment for Mirae Asset Great Consumer Fund is ₹99.
The exit load for Mirae Asset Great Consumer Fund is 1%.
As per the SEBI Riskometer, Mirae Asset Great Consumer Fund carries a Very High risk level.
Mirae Asset Great Consumer Fund has delivered -0.54% (1Y), 11.25% (3Y) and 12.8% (5Y) annualised returns as of 2026-08-28.
Mirae Asset Great Consumer Fund was launched on 2007-11-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
