|Min SIP Amount||₹1000|
|NAV||₹15.36 (22 Jan 2021)|
|Fund Started||14 May 2019|
|Fund Size||₹4,508 Cr|
|HDFC Bank Ltd.||Financial||Equity||10.2%|
|Reliance Industries Ltd.||Energy||Equity||8.6%|
|ICICI Bank Ltd.||Financial||Equity||8.2%|
|Bharti Airtel Ltd.||Communication||Equity||4.3%|
|Torrent Pharmaceuticals Ltd.||Healthcare||Equity||3.6%|
|Maruti Suzuki India Ltd.||Automobile||Equity||3.4%|
|Britannia Industries Ltd.||FMCG||Equity||3.0%|
|JK Cement Ltd||Construction||Equity||3.0%|
|Bharat Electronics Ltd.||Engineering||Equity||2.9%|
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.
The scheme seeks to generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.
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.