Mirae Asset Focused Fund Direct Growth
EquityFocused FundVery High Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹8,250 Cr
Expense Ratio
0.59%
ISIN
INF769K01EU0
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
14 May 2019
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹26.66, Assets Under Management (AUM) of 8250.40 Crores, and an expense ratio of 0.59%.
- Mirae Asset Focused Fund Direct Growth has given a CAGR return of 19.42% since inception.
- The fund's asset allocation comprises around 96.96% in equities, 0.00% in debts, and 3.04% 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
+21.72%
+28.41% (Cat Avg.)
3 Years
+7.95%
+14.07% (Cat Avg.)
5 Years
+17.69%
+18.09% (Cat Avg.)
Since Inception
+19.42%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹7,999.57 Cr | 96.96% |
| Others | ₹250.83 Cr | 3.04% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹749.44 Cr | 9.08% |
| Infosys Ltd | Equity | ₹648.68 Cr | 7.86% |
| ICICI Bank Ltd | Equity | ₹589.12 Cr | 7.14% |
| Axis Bank Ltd | Equity | ₹441.41 Cr | 5.35% |
| One97 Communications Ltd | Equity | ₹359.29 Cr | 4.35% |
| Sapphire Foods India Ltd | Equity | ₹321.01 Cr | 3.89% |
| Bharti Airtel Ltd | Equity | ₹307.89 Cr | 3.73% |
| FSN E-Commerce Ventures Ltd | Equity | ₹282.98 Cr | 3.43% |
| KPIT Technologies Ltd | Equity | ₹268.36 Cr | 3.25% |
| SKF India Ltd | Equity | ₹262.49 Cr | 3.18% |
| Mphasis Ltd | Equity | ₹259.65 Cr | 3.15% |
| Sona BLW Precision Forgings Ltd | Equity | ₹256.14 Cr | 3.10% |
| Max Financial Services Ltd | Equity | ₹247.42 Cr | 3.00% |
| Treps | Cash - Repurchase Agreement | ₹247.12 Cr | 3.00% |
| Syngene International Ltd | Equity | ₹226.15 Cr | 2.74% |
| Orient Electric Ltd Ordinary Shares | Equity | ₹222.89 Cr | 2.70% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹220.72 Cr | 2.68% |
| Kalpataru Projects International Ltd | Equity | ₹212.66 Cr | 2.58% |
| JK Cement Ltd | Equity | ₹208.5 Cr | 2.53% |
| GE Vernova T&D India Ltd | Equity | ₹198.37 Cr | 2.40% |
| Gujarat State Petronet Ltd | Equity | ₹195.94 Cr | 2.37% |
| Gland Pharma Ltd | Equity | ₹189.34 Cr | 2.29% |
| State Bank of India | Equity | ₹172.88 Cr | 2.10% |
| Arvind Fashions Ltd | Equity | ₹172.45 Cr | 2.09% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹159.6 Cr | 1.93% |
| Maruti Suzuki India Ltd | Equity | ₹144.75 Cr | 1.75% |
| Indian Energy Exchange Ltd | Equity | ₹144.65 Cr | 1.75% |
| Sobha Ltd | Equity | ₹142.73 Cr | 1.73% |
| Go Fashion (India) Ltd | Equity | ₹142.42 Cr | 1.73% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹128.52 Cr | 1.56% |
| Triveni Turbine Ltd | Equity | ₹115.43 Cr | 1.40% |
| Sobha Ltd Ordinary Shares (Partly Paid Rs.5) | Equity | ₹7.69 Cr | 0.09% |
| Net Receivables / (Payables) | Cash | ₹3.71 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
37.02%
Mid Cap Stocks
32.08%
Small Cap Stocks
27.86%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹2,473.44 Cr | 29.98% |
| Consumer Cyclical | ₹1,542.64 Cr | 18.70% |
| Technology | ₹1,535.97 Cr | 18.62% |
| Industrials | ₹788.95 Cr | 9.56% |
| Basic Materials | ₹588.82 Cr | 7.14% |
| Healthcare | ₹415.49 Cr | 5.04% |
| Communication Services | ₹307.89 Cr | 3.73% |
| Utilities | ₹195.94 Cr | 2.37% |
| Real Estate | ₹150.42 Cr | 1.82% |
Risk & Performance Ratios
Standard Deviation
This fund
11.78%
Cat. avg.
13.51%
Lower the better
Sharpe Ratio
This fund
0.33
Cat. avg.
0.69
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.21
Higher the better
Fund Managers
Gaurav Misra
Since May 2019
Additional Scheme Detailsas of 31st October 2024
ISIN INF769K01EU0 | Expense Ratio 0.59% | Exit Load 1.00% | Fund Size ₹8,250 Cr | Age 5 years 6 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
Investment 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Focused Equity Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3505.43 Cr | 25.6% |
| Tata Focused Equity Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1847.70 Cr | 28.8% |
| Tata Focused Equity Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹1847.70 Cr | 26.9% |
| Kotak Focused Equity Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3505.43 Cr | 27.4% |
| DSP Focus Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2546.18 Cr | 28.4% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹415.68 Cr | 20.0% |
| Union Focused Fund Regular Growth Very High Risk | 2.5% | 1.0% | ₹415.68 Cr | 18.8% |
| 360 ONE Focused Equity Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹7616.66 Cr | 23.5% |
| 360 ONE Focused Equity Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹7616.66 Cr | 24.7% |
| ICICI Prudential Focused Equity Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹9867.12 Cr | 34.7% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,99,057 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Gaurav Misra
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