Mirae Asset Focused Fund Regular Growth
EquityFocused FundVery High Risk
Regular
NAV (05-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹8,422 Cr
Expense Ratio
1.76%
ISIN
INF769K01ES4
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
14 May 2019
About this fund
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹25.78, Assets Under Management (AUM) of 8422.44 Crores, and an expense ratio of 1.76%.
- Mirae Asset Focused Fund Regular Growth has given a CAGR return of 19.50% since inception.
- The fund's asset allocation comprises around 98.41% in equities, 0.00% in debts, and 1.59% in cash & cash equivalents.
- You can start investing in Mirae Asset Focused Fund Regular 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
+24.08%
+40.13% (Cat Avg.)
3 Years
+10.15%
+18.13% (Cat Avg.)
5 Years
+20.00%
+22.23% (Cat Avg.)
Since Inception
+19.50%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹8,288.25 Cr | 98.41% |
| Others | ₹134.2 Cr | 1.59% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Infosys Ltd | Equity | ₹803.47 Cr | 9.54% |
| HDFC Bank Ltd | Equity | ₹755.16 Cr | 8.97% |
| ICICI Bank Ltd | Equity | ₹599.56 Cr | 7.12% |
| Axis Bank Ltd | Equity | ₹373.2 Cr | 4.43% |
| Sapphire Foods India Ltd | Equity | ₹368.29 Cr | 4.37% |
| Reliance Industries Ltd | Equity | ₹353.43 Cr | 4.20% |
| FSN E-Commerce Ventures Ltd | Equity | ₹328.81 Cr | 3.90% |
| Bharti Airtel Ltd | Equity | ₹297.8 Cr | 3.54% |
| Syngene International Ltd | Equity | ₹293.47 Cr | 3.48% |
| Orient Electric Ltd Ordinary Shares | Equity | ₹277.15 Cr | 3.29% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹270.76 Cr | 3.21% |
| Sona BLW Precision Forgings Ltd | Equity | ₹259.47 Cr | 3.08% |
| One97 Communications Ltd | Equity | ₹258.75 Cr | 3.07% |
| Gland Pharma Ltd | Equity | ₹249.17 Cr | 2.96% |
| Max Financial Services Ltd | Equity | ₹231.38 Cr | 2.75% |
| Kalpataru Projects International Ltd | Equity | ₹228.82 Cr | 2.72% |
| JK Cement Ltd | Equity | ₹225.2 Cr | 2.67% |
| SKF India Ltd | Equity | ₹216.66 Cr | 2.57% |
| Go Fashion (India) Ltd | Equity | ₹214.67 Cr | 2.55% |
| State Bank of India | Equity | ₹202.17 Cr | 2.40% |
| Mphasis Ltd | Equity | ₹199.07 Cr | 2.36% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹185.97 Cr | 2.21% |
| Maruti Suzuki India Ltd | Equity | ₹180.73 Cr | 2.15% |
| Indian Energy Exchange Ltd | Equity | ₹161.49 Cr | 1.92% |
| Gujarat State Petronet Ltd | Equity | ₹148.49 Cr | 1.76% |
| Triveni Turbine Ltd | Equity | ₹127.86 Cr | 1.52% |
| Arvind Fashions Ltd | Equity | ₹124.12 Cr | 1.47% |
| Sobha Ltd | Equity | ₹121.76 Cr | 1.45% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹114.35 Cr | 1.36% |
| SRF Ltd | Equity | ₹107.49 Cr | 1.28% |
| Treps | Cash - Repurchase Agreement | ₹97.05 Cr | 1.15% |
| Net Receivables / (Payables) | Cash | ₹37.15 Cr | 0.44% |
| Sobha Ltd Ordinary Shares (Partly Paid Rs.5) | Equity | ₹9.52 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
45.82%
Mid Cap Stocks
30.07%
Small Cap Stocks
22.52%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹2,508.94 Cr | 29.79% |
| Consumer Cyclical | ₹1,753.24 Cr | 20.82% |
| Technology | ₹1,261.29 Cr | 14.98% |
| Basic Materials | ₹717.81 Cr | 8.52% |
| Industrials | ₹573.33 Cr | 6.81% |
| Healthcare | ₹542.64 Cr | 6.44% |
| Energy | ₹353.43 Cr | 4.20% |
| Communication Services | ₹297.8 Cr | 3.54% |
| Utilities | ₹148.49 Cr | 1.76% |
| Real Estate | ₹131.28 Cr | 1.56% |
Risk & Performance Ratios
Standard Deviation
This fund
11.42%
Cat. avg.
12.86%
Lower the better
Sharpe Ratio
This fund
0.41
Cat. avg.
0.95
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.78
Higher the better
Fund Managers
Gaurav Misra
Since May 2019
Additional Scheme Detailsas of 31st July 2024
ISIN | INF769K01ES4 | Expense Ratio | 1.76% | Exit Load | 1.00% | Fund Size | ₹8,422 Cr | Age | 14 May 2019 | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | ₹3661.19 Cr | 35.0% |
| Tata Focused Equity Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1876.86 Cr | 42.0% |
| Tata Focused Equity Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹1876.86 Cr | 40.0% |
| Kotak Focused Equity Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3661.19 Cr | 36.9% |
| DSP Focus Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2592.52 Cr | 42.9% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹426.98 Cr | 26.4% |
| Union Focused Fund Regular Growth Very High Risk | 2.5% | 1.0% | ₹426.98 Cr | 25.1% |
| 360 ONE Focused Equity Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹7986.59 Cr | 38.3% |
| 360 ONE Focused Equity Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹7986.59 Cr | 39.6% |
| ICICI Prudential Focused Equity Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹9745.36 Cr | 48.7% |
About the AMC
Total AUM
₹1,93,693 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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