By Admin 
- Experts recommend consumer growth over a 5-year investment.
Mirae Asset Great Consumer Fund: The rapidly increasing consumption in India has emerged as a big opportunity for investment. Based on this theme, Mirai Asset Mutual Fund has attracted attention by giving excellent returns to investors in the last few years. Mirai Asset Mutual Fund, which was launched about 15 years ago, has given good profits to investors by taking advantage of the strength of the consumption sector. Now finally the question arises that what did this fund do that gave so much benefit to the investors?
Fund size and performance
The asset under management (AUM) of this fund is approximately Rs 4500 crore. Also, it has performed brilliantly in the last few years.
- Nearly 25 percent CAGR returns in the last 5 years.
- About 15.4 percent CAGR return on SIP since inception in 2011.
If an investor had done SIP of Rs 10 thousand every month from the beginning, then today his actual amount would have increased to around Rs 62.9 lakh.
Benefit even on lump sum investment
Let us tell you that this fund has given good returns not only to SIP but also to those who invest lump sum. If an investor had invested Rs 10,000 in the beginning, today that amount would have become more than Rs 88,000. Accordingly, the CARG of the fund has been around 15.76 percent.
Where does he invest?
This fund invests in sectors related to consumption, such as…
- consumer durables
- automobile
- retail
- Telecom
- FMCG
Its portfolio includes big companies like Mahindra & Mahindra, Maruti Suzuki, Titan Company and Bharti Airtel.
What is the expert advice?
According to fund manager Siddharth Chhabria, it is very important to have a vision of at least 5 years while investing in such thematic funds. He believes that consumer discretionary sectors like jewellery, fashion, retail can grow rapidly and can give 1.5 to 2 times more growth than GDP.
Positive outlook on quick commerce and digital platforms
However, his stance regarding the FMCG sector is a bit cautious, because the margins here are at their highest and competition is also increasing. In FMCG, he considers food category better than personal care and if we look at it, his outlook towards quick commerce and digital platforms is positive, because now the profit situation in these sectors is gradually getting stronger.