Mirae Asset Great Consumer Fund
The fund maintains a concentrated bet on discretionary consumption, with over half its portfolio in consumer durables, automobiles, and retailing—a clear conviction play on urban consumption recovery. The near-equal 6.6-6.7% weighting of top holdings suggests a deliberately balanced approach rather than binary bets, though the 53.8% concentration in just ten stocks indicates limited diversification. The modest 1.3% monthly return and Asian Paints upgrade signal the manager is selectively rotating toward perceived quality pockets within the consumer theme rather than chasing momentum.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹104.8580 | -0.47% | — | — | — |
| Regular Growth | ₹86.9700 | -0.58% | -4.21% | +11.91% | +13.87% |
| Direct IDCW | ₹62.9590 | -0.47% | — | — | — |
| Regular IDCW | ₹24.3660 | -0.58% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Eternal Ltd. INE758T01015 | 6.69% |
| 2 | Titan Company Ltd. INE280A01028 | 6.68% |
| 3 | Maruti Suzuki India Ltd. INE585B01010 | 6.59% |
| 4 | Mahindra & Mahindra Ltd. INE101A01026 | 6.53% |
| 5 | Bharti Airtel Ltd. INE397D01024 | 6.35% |
| 6 | ITC Ltd. INE154A01025 | 4.75% |
| 7 | Trent Ltd. INE849A01020 | 4.64% |
| 8 | Varun Beverages Ltd. INE200M01039 | 4.05% |
| 9 | Eicher Motors Ltd. INE066A01021 | 4.00% |
| 10 | Asian Paints Ltd. INE021A01026 | 3.57% |
| 11 | Britannia Industries Ltd. INE216A01030 | 3.32% |
| 12 | Avenue Supermarts Ltd. INE192R01011 | 3.09% |
| 13 | Vishal Mega Mart Ltd. INE01EA01019 | 2.74% |
| 14 | Crompton Greaves Consumer Electricals Ltd. INE299U01018 | 2.63% |
| 15 | LG Electronics India Ltd. INE324D01010 | 2.52% |
| 16 | Apollo Hospitals Enterprise Ltd. INE437A01024 | 2.40% |
| 17 | Godrej Consumer Products Ltd. INE102D01028 | 2.32% |
| 18 | Campus Activewear Ltd. INE278Y01022 | 2.13% |
| 19 | Marico Ltd. INE196A01026 | 2.08% |
| 20 | Honasa Consumer Ltd. INE0J5401028 | 2.07% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Mirae Asset Great Consumer Fund hold?
Mirae Asset Great Consumer Fund holds 39 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 32.83% of NAV.
What is the largest holding in Mirae Asset Great Consumer Fund?
The largest position in Mirae Asset Great Consumer Fund is Eternal Ltd., accounting for 6.69% of NAV in the Retailing sector.
Is Mirae Asset Great Consumer Fund a concentrated or diversified fund?
With a Gini coefficient of 0.406, Mirae Asset Great Consumer Fund is well-diversified. The HHI concentration index is 39,771 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 32.83% of the portfolio.
What is the market cap allocation of Mirae Asset Great Consumer Fund?
Based on SEBI's AMFI classification, Mirae Asset Great Consumer Fund's equity portfolio is split as: Large Cap: 70.24%, Mid Cap: 7.05%, Small Cap: 22.23%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Mirae Asset Great Consumer Fund invest in most?
Mirae Asset Great Consumer Fund has the highest allocation to Consumer Durables (25.42%), Automobiles (18.55%), Retailing (18.20%). The fund is invested across 17 sectors in total.
How actively managed is Mirae Asset Great Consumer Fund compared to other Sectoral / Thematic funds?
Mirae Asset Great Consumer Fund has an Active Share of 84.39%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.