(Bloomberg) -- South Korea’s top-performing mutual fund more than doubled its assets in 2013 by betting on global consumer shares, luring inflows from domestic investors who have sold Kospi index stocks for five straight years.

The $610 million Mirae Asset Global Great Consumer Securities Master Investment Trust 1 returned 33 percent this year for the biggest gain among Korea-domiciled equity funds with at least $500 million of assets. The fund has grown from about $283 million at the start of the year, even as individual investors withdrew a net $4 billion from Kospi shares. The benchmark index has climbed 1 percent this year, trailing the 18 percent gain in the MSCI All-Country World Index.

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