Mirae Asset Focused Fund Direct Growth

Equity
Focused
Very High Risk
18.00%
3Y annualised
+0.76% 1D
1M
6M
1Y
3Y
All
NAV: 03 Feb 2023₹19.41
Min. SIP amount₹1,000
Rating4
Fund size₹8,802.49Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Focused
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA-6.4%18.0%19.5%
Category averageNA-1.8%14.5%NA
Rank with in categoryNA5714NA
Understand terms

Holdings (30)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity10.9%
ICICI Bank Ltd.FinancialEquity8.5%
Infosys Ltd.TechnologyEquity7.9%
Axis Bank Ltd.FinancialEquity5.6%
Reliance Industries Ltd.EnergyEquity5.4%
Bharti Airtel Ltd.CommunicationEquity4.6%
Maruti Suzuki India Ltd.AutomobileEquity3.8%
State Bank of IndiaFinancialEquity3.5%
SBI Cards And Payment Services Ltd.FinancialEquity3.3%
Syngene International Ltd.HealthcareEquity3.2%
See All

Pros and cons

Category: Equity Focused

Pros

Cons

3Y annualised returns higher than category average by 3.46%
1Y annualised returns lower than category average by 4.57%
Lower expense ratio: 0.61%

Expense ratio, exit load and tax

Expense ratio: 0.61%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Gaurav Misra
Apr 2019 - Present
View details

Education
Mr. Misra has done BA ECO (HONS) and MBA, IIM Lucknow
Experience
Mr. Misra has over 24 years of experience in investment management and equity research functions. Prior to joining Mirae Asset Mutual Fund, he has worked as Senior Portfolio Manager with ASK Investment Managers Limited.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
26 Apr 2019
Website
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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