Home>Mutual Funds>Mirae Asset Mutual Fund>Mirae Asset Focused Fund Direct Growth
shareSHARE

Mirae Asset Focused Fund Direct Growth-1.21%

26.64%
1 Year Return
Equity
Multi Cap
4.0star
6M
1Y
All

Fund Details

Mirae Asset Focused Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.32%
NAV₹15.36 (22 Jan 2021)
Fund Started14 May 2019
Fund Size4,508 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
26.6%
-
-
29.8%
Category Average
17.2%
6.4%
13.5%
-
Rank Within Category
6
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Would have become
0
with 26.6% returns per annum

Comparison

Data not available
Pros
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.38%
3. 1Y Returns are higher than the category average returns
Cons
1. Age is less than 5 years

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity10.2%
Reliance Industries Ltd.EnergyEquity8.6%
Infosys Ltd.TechnologyEquity8.5%
ICICI Bank Ltd.FinancialEquity8.2%
Bharti Airtel Ltd.CommunicationEquity4.3%
Torrent Pharmaceuticals Ltd.HealthcareEquity3.6%
Maruti Suzuki India Ltd.AutomobileEquity3.4%
Britannia Industries Ltd.FMCGEquity3.0%
JK Cement LtdConstructionEquity3.0%
Bharat Electronics Ltd.EngineeringEquity2.9%
See All

Fund Managers

Gaurav Misra
keyboard_arrow_down

Mirae Asset Focused Fund Direct Growth Details

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 14 May 2019. 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 ₹4,508 Cr and the Latest NAV as of 22 Jan 2021 is ₹15.36.

The Mirae Asset Focused Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.

Investment Objective

The scheme seeks to generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year.
Exit Load

Compare Funds

Mirae Asset Focused Fund Direct Growth
VS
search

About Mirae Asset Mutual Fund

Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Phone
022-67800300
Launch Date
30 Nov 2007
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,
Similar Funds