Name: Mirae Asset Focused Fund Direct Growth
Brand: Mirae Asset Mutual Fund

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Mirae Asset Focused Fund Direct Growth
Equity
Focused
Very High Risk
62.66%
1Y return
-0.82% 1D
1M
6M
1Y
All
 NAV: 17 Sep 2021₹20.39
Min. SIP amount₹1,000
Rating4star
Fund size₹7,543.64 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Focused
Absolute returns
3M6M1YAll
Fund returns16.1%25.2%62.7%103.9%
Category averageNANA52.1%NA
Rank with in category61715NA
Understand termsinfo
Holdings (30)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity8.5%
Infosys Ltd.
TechnologyEquity8.3%
ICICI Bank Ltd.
FinancialEquity8.2%
Reliance Industries Ltd.
EnergyEquity6.3%
Axis Bank Ltd.
FinancialEquity5.6%
State Bank of India
FinancialEquity5.2%
Bharti Airtel Ltd.
CommunicationEquity3.7%
Sona BLW Precision Forgings Ltd.
AutomobileEquity3.3%
Bharat Electronics Ltd.
EngineeringEquity3.1%
Maruti Suzuki India Ltd.
AutomobileEquity3.0%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Equity Focused
thumb_up_altPros
Lower expense ratio - 0.36%
1Y Returns are higher than the category average returns
thumb_down_altCons
Age is less than 5 years
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Jul 2021 - Present
0.36%
30 Jun 2021 - 31 Jul 2021
0.37%
31 May 2021 - 30 Jun 2021
0.37%
30 Apr 2021 - 31 May 2021
0.37%
31 Mar 2021 - 30 Apr 2021
0.35%
28 Feb 2021 - 31 Mar 2021
0.32%
31 Jan 2021 - 28 Feb 2021
0.35%
31 Dec 2020 - 31 Jan 2021
0.32%
30 Nov 2020 - 31 Dec 2020
0.36%
31 Oct 2020 - 30 Nov 2020
0.41%
30 Sep 2020 - 31 Oct 2020
0.38%
31 Aug 2020 - 30 Sep 2020
0.40%
31 Jul 2020 - 31 Aug 2020
0.39%
30 Jun 2020 - 31 Jul 2020
0.37%
31 May 2020 - 30 Jun 2020
0.40%
30 Apr 2020 - 31 May 2020
0.30%
31 Mar 2020 - 30 Apr 2020
0.66%
29 Feb 2020 - 31 Mar 2020
0.61%
31 Jan 2020 - 29 Feb 2020
0.61%
31 Dec 2019 - 31 Jan 2020
0.19%
30 Nov 2019 - 31 Dec 2019
0.23%
31 Oct 2019 - 30 Nov 2019
0.26%
30 Sep 2019 - 31 Oct 2019
0.31%
31 Aug 2019 - 30 Sep 2019
0.31%
31 Jul 2019 - 31 Aug 2019
0.34%
30 Jun 2019 - 31 Jul 2019
0.36%
31 May 2019 - 30 Jun 2019
0.43%
Expense ratio, exit load and taxExpense ratio: 0.36%Inclusive of GST
Exit loadExit load of 1% if redeemed within 1 year.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementGaurav Misra
Apr 2019 - Present
View details
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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
Mirae Asset Large Cap Fund Regular Growth
Mirae Asset Large Cap Fund Regular IDCW
Mirae Asset Large Cap Fund Direct Growth
Mirae Asset Large Cap Fund Direct IDCW
Mirae Asset Focused Fund Regular Growth
Mirae Asset Focused Fund Regular IDCW
Mirae Asset Focused Fund Direct IDCW
Mirae Asset Focused Fund Direct Growth
Fund house & investment objective
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Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM70,165.29 Cr
Date of Incorporation30 Nov 2007
Mirae Asset Focused Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investo
Mirae Asset Focused Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Gaurav Misra is the Current Fund Manager of Mirae Asset Focused Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹70,165 Cr and the Latest NAV as of 17 Sep 2021 is ₹20.39.
The Mirae Asset Focused Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year....Read more
Investment Objective
The scheme seeks to generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.
The scheme seeks to generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.
Fund benchmarkNIFTY 200 TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Phone
022-67800300
Launch Date
30 Nov 2007
E-mail
[email protected]
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,
Email
[email protected]karvy.com
Website
www.karvymfs.com
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	3M	6M	1Y	All
Fund returns	16.1%	25.2%	62.7%	103.9%
Category average	NA	NA	52.1%	NA
Rank with in category	6	17	15	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	8.5%
Infosys Ltd.	Technology	Equity	8.3%
ICICI Bank Ltd.	Financial	Equity	8.2%
Reliance Industries Ltd.	Energy	Equity	6.3%
Axis Bank Ltd.	Financial	Equity	5.6%
State Bank of India	Financial	Equity	5.2%
Bharti Airtel Ltd.	Communication	Equity	3.7%
Sona BLW Precision Forgings Ltd.	Automobile	Equity	3.3%
Bharat Electronics Ltd.	Engineering	Equity	3.1%
Maruti Suzuki India Ltd.	Automobile	Equity	3.0%

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

Rating	4
Fund size	₹7,543.64 Cr

Rank (total assets)	#13 in India
Total AUM	70,165.29 Cr