Mirae Asset Focused Fund – Direct Growth

Equity · Focused
 · ★★
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.59 %
Expense Ratio
★★
Rating
7,920
Fund Size (in Cr)
5 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 14 June 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 20.3% 12.1% 18.4% 19.5%
Category Average 39.5% 19.1% 19.4% -

Scheme Allocation

By Holding
By Sector
By Asset
10.52%
8.22%
7.94%
5.46%
Others
61.34%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 10.52%
Infosys IT - Software Equity 8.22%
ICICI Bank Banks Equity 7.94%
Reliance Industr Refineries Equity 6.52%
Axis Bank Banks Equity 5.46%
Sapphire Foods Quick Service Restaurant Equity 4.4%
FSN E-Commerce E-Commerce/App based Aggregator Equity 3.78%
Bharti Airtel Telecomm-Service Equity 3.75%
SKF India Bearings Equity 3.42%
Syngene Intl. Pharmaceuticals Equity 3.31%
Sona BLW Precis. Auto Ancillaries Equity 3.14%
Orient Electric Consumer Durables Equity 2.9%
SBI Cards Finance Equity 2.76%
Gland Pharma Pharmaceuticals Equity 2.57%
J K Cements Cement Equity 2.49%
Max Financial Finance Equity 2.41%
One 97 E-Commerce/App based Aggregator Equity 2.38%
St Bk of India Banks Equity 2.22%
Gujarat Fluoroch Chemicals Equity 2.21%
Mphasis IT - Software Equity 2.2%
Go Fashion (I) Textiles Equity 2.1%
SRF Chemicals Equity 1.92%
Indian Energy Ex Financial Services Equity 1.83%
Maruti Suzuki Automobile Equity 1.78%
Triveni Turbine Capital Goods - Electrical Equipment Equity 1.69%
Guj.St.Petronet Gas Distribution Equity 1.6%
Arvind Fashions. Trading Equity 1.54%
Ratnamani Metals Steel Equity 1.32%
Kalpataru Proj. Capital Goods - Electrical Equipment Equity 1.28%
Sobha Realty Equity 1.08%
Banks
26.14%
IT-Software
10.42%
Retailing
7.42%
Petroleum Products
6.52%
Industrial Products
4.74%
Others
44.76%
View all Sectors
Sectors Asset
Banks 26.14%
IT-Software 10.42%
Retailing 7.42%
Petroleum Products 6.52%
Industrial Products 4.74%
Leisure Services 4.4%
Chemicals & Petrochemical 4.13%
Telecom-Services 3.75%
Healthcare Services 3.31%
Auto Components 3.14%
Consumer Durables 2.9%
Finance 2.76%
Pharmaceuticals & Biotech 2.57%
Cement & Cement Products 2.49%
Insurance 2.41%
Financial Technology (Fin 2.38%
Capital Markets 1.83%
Automobiles 1.78%
Electrical Equipments 1.69%
Gas 1.6%
Construction 1.28%
Realty 1.08%
Debt 1%
Cash & Others 0.26%
Equity
98.74%
Reverse Repos
1%
Net Curr Ass/Net Receivables
0.26%

Advance Ratio

-3.44
Alpha
3.31
SD
0.79
Beta
0.59
Sharpe

Exit Load

Exit Load If redeemed within 1 year (365 days) from the date of allotment: 1% If redeemed after 1 year (365 days) from the date of allotment: Nil

Fund Objective

Mirae Asset Focused Fund is a type of mutual fund offered by Mirae Asset Global Investments. It was launched on 15th May 2019. It is a portfolio of stocks selected based on the fund manager’s assessment of the companies’ growth potential and financial stability. Gaurav Misra is the fund manager of this fund.

The fund’s investment objective is to provide long-term capital appreciation through investment primarily in equities of companies with a focus on a particular sector or theme. The performance of the fund depends on the performance of the underlying stocks and can be subject to market fluctuations.

Hence, it is important to review the fund’s past performance, fees, and risk profile before making an investment decision.

Pros & Cons

Pros

Cons

Mirae Asset Global Investments is a well-established investment management company with a track record of managing successful funds. Like all equity investments, the fund’s value can be subject to market fluctuations, and the investor could lose money.
The fund’s focus on a particular sector or theme can result in higher returns compared to a broad-based fund. The fund’s focus on a particular sector or theme can result in a concentration of investments, increasing the risk of loss if that sector or theme underperforms.
By investing in a basket of stocks, the fund provides investors with the opportunity to diversify their portfolios and reduce the risk of investing in individual stocks. Mirae Asset Focused Fund has expenses such as management fees and administrative costs that can reduce returns.

How to Invest in Mirae Asset Focused Fund

Investing in the Mirae Asset Focused Fund through a platform like 5Paisa can offer a convenient and seamless experience. This platform features a user-friendly interface, and quick & straightforward processes, as well as eliminates the need for physical documentation, simplifying investment management and portfolio monitoring for investors.

Nevertheless, it is crucial to thoroughly evaluate your personal financial objectives, risk appetite, and related considerations before making any investment decisions.

What is the Expense Ratio of Mirae Asset Focused Fund

The expense ratio represents the total operational costs of a mutual fund as a percentage of its average net assets. This includes various fees and expenses, such as management fees, administrative costs, and distribution expenses, incurred by the fund.

It is imperative to consider the expense ratio when evaluating the cost of investing in a mutual fund, as it can materially impact overall investment returns.

Who Should Invest in Mirae Asset Focused Fund

The suitability of investing in the Mirae Asset Focused Fund depends on individual investment goals, risk tolerance, and financial circumstances. Generally, the Mirae Asset Focused Fund may be appropriate for:

● Investors seeking long-term capital appreciation: The fund invests primarily in equities of companies with a focus on a particular sector or theme, which can provide the potential for higher returns over the long term.

● Investors who prefer a focused investment strategy: The fund’s investment strategy of focusing on a specific sector or theme can appeal to investors who want to invest in a specific area of the market.

● Investors looking for diversification: The fund invests in a basket of stocks, providing investors with an opportunity to diversify their portfolios and reduce the risk of investing in individual stocks.

What are the Benefits of Investing in Mirae Asset Focused Fund

Investing in the Mirae Asset Focused Fund can provide several benefits, including:

1. Potential for Higher Returns: By investing in equities of companies with a focus on a specific sector or theme, the fund can provide the potential for higher returns compared to a broader-based equity fund.

2. Focused Investment Strategy: The fund’s investment strategy of focusing on a specific sector or theme can provide a more targeted approach to investing, potentially resulting in higher returns compared to a broader-based equity fund.

3. Diversification: Investing in this fund provides an opportunity to diversify portfolios and reduce the risk of investing in individual stocks.

4. Professional Management: The fund is managed by experienced professionals who actively manage the portfolio and make investment decisions, potentially leading to better returns compared to investing in individual stocks without professional guidance.

Fund Managers

Gaurav Misra

Mr Gaurav Misra holds the elite position of the senior fund manager at Mirae Asset India AMC with extensive experience of over 23 years in the management of investments. He has also fulfilled his role as the Senior Portfolio Manager at ASK Investment Managers Limited. His immense knowledge of the financial world has helped him fulfil his role and responsibilities.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,64,467 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

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Frequently Asked Questions

How to invest in Mirae Asset Focused Fund – Direct Growth ?

You can invest in Mirae Asset Focused Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Mirae Asset Focused Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Mirae Asset Focused Fund – Direct Growth ?

The NAV of Mirae Asset Focused Fund – Direct Growth is ₹24.7 as of 14 June 2024.

How to redeem Mirae Asset Focused Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Mirae Asset Focused Fund – Direct Growth?

The minimum SIP amount of Mirae Asset Focused Fund – Direct Growth is ₹500

What are the top sectors Mirae Asset Focused Fund – Direct Growth has invested in?

The top sectors Mirae Asset Focused Fund – Direct Growth has invested in are
  1. Banks - 26.14%
  2. IT-Software - 10.42%
  3. Retailing - 7.42%
  4. Petroleum Products - 6.52%
  5. Industrial Products - 4.74%

Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Focused Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Mirae Asset Focused Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Mirae Asset Focused Fund – Direct Growth generated ?

The Mirae Asset Focused Fund – Direct Growth has delivered 19.5% since inception

What is the expense ratio of Mirae Asset Focused Fund – Direct Growth ?

The expense ratio of Mirae Asset Focused Fund – Direct Growth is 0.59 % as of 14 June 2024.

What is the AUM of Mirae Asset Focused Fund – Direct Growth?

The AUM of Mirae Asset Focused Fund – Direct Growth is ₹1,64,467 Cr as of 14 June 2024

What are the top stock holdings of Mirae Asset Focused Fund – Direct Growth?

The top stock holdings of Mirae Asset Focused Fund – Direct Growth are
  1. HDFC Bank - 10.52%
  2. Infosys - 8.22%
  3. ICICI Bank - 7.94%
  4. Reliance Industr - 6.52%
  5. Axis Bank - 5.46%

How can I redeem my investments in Mirae Asset Focused Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Focused Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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