3 Year return
11.23%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹8286.63 Cr.
Expense Ratio
0.56% (inclusive of GST)
Exit Load
If redeemed within 1 year (365 days) from the date of allotment: 1% If redeemed after 1 year (365 days) from the date of allotment: Nil
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Mirae Asset Mutual Fund Managers
GM
Gaurav Misra
Fund Manager since Apr 2019
Fund House Details
Mirae Asset Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
HDFC Focused 30 Fund |
27.59% |
3.5 |
ICICI Prudential Focused Equity Fund |
23.2% |
3.5 |
Quant Focused Fund |
19.52% |
3 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct Growth
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct IDCW Payout
About Mirae Asset Focused Fund Direct Plan-Growth
An equity-focused mutual fund scheme, the Mirae Asset Focused Fund Direct Plan-Growth is offered by Mirae Asset Mutual Fund. This scheme has a focused approach with investments concentrated on a limited number of stocks. The scheme follows an open-ended equity strategy that invests in a maximum of 30 stocks with the intention of focusing on large cap, mid cap, and small cap categories (i.e., Multi-cap).
Investment Objective of the Scheme
An investment strategy with a maximum of 30 equities is followed by Mirae Asset Focused Fund Direct Plan-Growth. The fund has investing flexibility across market capitalizations with a multi-cap approach of investments. The scheme aims to establish a portfolio of high-growth companies that reflect the most compelling investment ideas. In addition, it seeks to build a strong portfolio to prevent concentration and liquidity risk.
Key Features of The Fund
5-year return | 18.21% |
Expense Ratio | 0.56% |
Fund Manager | Gaurav Misra |
Fund Size | ₹8286.63 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
If you are an investor who is looking at long-term investments for a span of 5+ years, you may consider the Mirae Asset Focused Fund Direct Plan-Growth. If your investment style reflects risk tolerance with the patience to seek returns in the long term, this fund may be a potential option for you. In addition, if you want a focused portfolio of equities and equity-related instruments from up to 30 firms in large, mid, and small company categories, you may want to look at the Mirae Asset Focused Fund Direct Plan-Growth. Nonetheless, all things considered, it’s a good idea to evaluate your individual financial objectives before you jump in and invest in any plan.
AMC Contact Details
Name | Mirae Asset Mutual Fund |
Launch Date | November 2007 |
Addresss | Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098. |
Contact | 1800-2090-777 |
customercare@miraeasset.com | |
Website | https://www.miraeassetmf.co.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Combat Inflation With SIP Investments
FAQs
What is today's NAV of Mirae Asset Focused Fund?
What is the AUM of Mirae Asset Focused Fund?
What is the expense ratio of Mirae Asset Focused Fund?
What are the returns of Mirae Asset Focused Fund since inception?
What is the minimum SIP amount to invest in Mirae Asset Focused Fund?
How do I invest in Mirae Asset Focused Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Mirae Asset Focused Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Mirae Asset Focused Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Mirae Asset Focused Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.