Dezerv

Fund Overview

Fund Size

Fund Size

₹8,313 Cr

Expense Ratio

Expense Ratio

0.57%

ISIN

ISIN

INF769K01EU0

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

14 May 2019

About this fund

Mirae Asset Focused Fund Direct Growth is a Focused Fund mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 5 years and 13 days, having been launched on 14-May-19.
As of 24-May-24, it has a Net Asset Value (NAV) of ₹23.92, Assets Under Management (AUM) of 8312.74 Crores, and an expense ratio of 0.57%.
  • Mirae Asset Focused Fund Direct Growth has given a CAGR return of 18.94% since inception.
  • The fund's asset allocation comprises around 95.68% in equities, 0.00% in debts, and 4.32% in cash & cash equivalents.
  • You can start investing in Mirae Asset Focused Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+19.83%

+37.00% (Cat Avg.)

3 Years

+12.36%

+18.13% (Cat Avg.)

5 Years

+17.56%

+16.70% (Cat Avg.)

Since Inception

+18.94%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity7,953.67 Cr95.68%
Others359.07 Cr4.32%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity845.7 Cr10.17%
Infosys LtdEquity651.54 Cr7.84%
ICICI Bank LtdEquity645.36 Cr7.76%
Reliance Industries LtdEquity542.02 Cr6.52%
Axis Bank LtdEquity434.04 Cr5.22%
TrepsCash - Repurchase Agreement399.45 Cr4.81%
Sapphire Foods India LtdEquity341.39 Cr4.11%
FSN E-Commerce Ventures LtdEquity337.38 Cr4.06%
Bharti Airtel LtdEquity317.19 Cr3.82%
SKF India LtdEquity283.48 Cr3.41%
Syngene International LtdEquity268.55 Cr3.23%
Sona BLW Precision Forgings LtdEquity239.12 Cr2.88%
SBI Cards and Payment Services Ltd Ordinary SharesEquity230.04 Cr2.77%
Orient Electric Ltd Ordinary SharesEquity220.85 Cr2.66%
Max Financial Services LtdEquity210.35 Cr2.53%
Gujarat Fluorochemicals Ltd Ordinary SharesEquity208.93 Cr2.51%
JK Cement LtdEquity203.91 Cr2.45%
State Bank of IndiaEquity200.75 Cr2.42%
One97 Communications LtdEquity194.96 Cr2.35%
Gland Pharma LtdEquity189.14 Cr2.28%
SRF LtdEquity179.96 Cr2.16%
Indian Energy Exchange LtdEquity160.42 Cr1.93%
Maruti Suzuki India LtdEquity158.25 Cr1.90%
Go Fashion (India) LtdEquity157.9 Cr1.90%
Mphasis LtdEquity143.93 Cr1.73%
Gujarat State Petronet LtdEquity129.56 Cr1.56%
Arvind Fashions LtdEquity126 Cr1.52%
Triveni Turbine LtdEquity124.92 Cr1.50%
Voltas LtdEquity98.7 Cr1.19%
Kalpataru Projects International LtdEquity90.45 Cr1.09%
Net Receivables / (Payables)Cash-40.38 Cr0.49%
Ratnamani Metals & Tubes LtdEquity18.87 Cr0.23%

Allocation By Market Cap (Equity)

Large Cap Stocks

50.58%

Mid Cap Stocks

28.61%

Small Cap Stocks

16.48%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services2,726.67 Cr32.80%
Consumer Cyclical1,580.88 Cr19.02%
Technology990.43 Cr11.91%
Basic Materials611.68 Cr7.36%
Industrials597.54 Cr7.19%
Energy542.02 Cr6.52%
Healthcare457.69 Cr5.51%
Communication Services317.19 Cr3.82%
Utilities129.56 Cr1.56%

Risk & Performance Ratios

Standard Deviation

This fund

11.45%

Cat. avg.

13.26%

Lower the better

Sharpe Ratio

This fund

0.71

Cat. avg.

0.98

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.82

Higher the better

Fund Managers

GM

Gaurav Misra

Since May 2019

Additional Scheme Detailsas of 30th April 2024

ISININF769K01EU0Expense Ratio0.57%Exit Load1.00%Fund Size₹8,313 CrAge14 May 2019Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Focused Fund Funds

Fund nameExpense RatioExit LoadFund size
1Y
Kotak Focused Equity Fund Regular Growth

Very High Risk

1.9%1.0%₹3279.11 Cr36.0%
Tata Focused Equity Fund Direct Growth

Very High Risk

0.6%1.0%₹1692.74 Cr39.6%
Tata Focused Equity Fund Regular Growth

Very High Risk

2.0%1.0%₹1692.74 Cr37.5%
Kotak Focused Equity Fund Direct Growth

Very High Risk

0.5%1.0%₹3279.11 Cr37.9%
DSP Focus Fund Regular Growth

Very High Risk

2.1%1.0%₹2284.02 Cr43.4%
Union Focused Fund Direct Growth

Very High Risk

1.5%1.0%₹402.71 Cr33.2%
Union Focused Fund Regular Growth

Very High Risk

2.5%1.0%₹402.71 Cr31.9%
360 ONE Focused Equity Fund Regular Growth

Very High Risk

1.8%1.0%₹7009.01 Cr40.0%
360 ONE Focused Equity Fund Direct Growth

Very High Risk

0.9%1.0%₹7009.01 Cr41.4%
ICICI Prudential Focused Equity Fund Regular Growth

Very High Risk

1.8%1.0%₹7872.07 Cr48.7%

About the AMC

Total AUM

₹1,63,012 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1406.88 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹3351.36 Cr37.5%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹10073.98 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹34974.46 Cr42.5%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹38060.19 Cr26.1%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹594.96 Cr7.4%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹145.89 Cr7.5%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8312.74 Cr19.8%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹153.59 Cr6.6%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1570.17 Cr74.8%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8545.85 Cr27.2%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹705.09 Cr37.4%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹111.07 Cr30.5%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹531.86 Cr46.5%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹795.62 Cr6.9%
Mirae Asset Ultra Short Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹1572.26 Cr7.6%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1815.41 Cr36.1%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1702.61 Cr25.5%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹2683.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹78.52 Cr63.7%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹22471.76 Cr37.9%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.22 Cr6.8%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹48.89 Cr6.6%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.8%0.0%₹72.50 Cr3.7%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹1019.74 Cr18.3%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹59.30 Cr6.7%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹316.95 Cr39.7%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹95.84 Cr1.3%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹928.99 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹346.19 Cr7.1%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹225.99 Cr6.6%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹103.31 Cr6.8%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2236.01 Cr53.2%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹1870.00 Cr8.4%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹15139.44 Cr53.3%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr23.3%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Mirae Asset Focused Fund Direct Growth, as of 24-May-2024, is ₹23.92.
The fund has generated 19.83% over the last 1 year and 12.36% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 95.68% in equities, 0.00% in bonds, and 4.32% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Focused Fund Direct Growth are:-
  1. Gaurav Misra