Mirae Asset Focused Fund Direct - Growth

Q: What are the returns of Mirae Asset Focused Fund?

The Mirae Asset Focused Fund is a 6 yrs old fund and has delivered average annual returns of 17.81% since inception. Mirae Asset Focused Fund Returns 1-Year 3-Year 5-Year Since Inception 12.07% 10.69% 23.54% 17.81%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹26.518+1.19% 1 day change	17.81% p.a.	#NA View Ranked Funds	2

Historical NAV & returns

NAV: ₹26.518 as on Apr 23, 2025

This fund Category average

Mirae Asset Focused Fund overview

VRO rating	2
Expense ratio	0.75% as on Mar 31, 2025
Exit load	1.0% Exit load of 1% if redeemed within 1 year.!
AUM (Fund size)	₹7,411 Crs
Lock-in	No Lockin
Age	6 yrs since Apr 23, 2019
Benchmark	NIFTY 500 TRI
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Mirae Asset Focused Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 09, 2025

Period	This fund	Category average
1 month	3.44%	3.09%
3 months	3.22%	4.02%
6 months	-3.68%	-2.92%
1 year	12.07%	9.77%
3 years	10.69%	17.3%
5 years	23.54%	24.72%

Asset allocationas on Mar 31, 2025

Large Cap 41.106%

Mid Cap 28.58076%

Small Cap 27.03324%

Other Cap 0.0%

Top holdings

HDFC Bank Ltd.10.33%

ICICI Bank Ltd.8.12%

Infosys Ltd.7.65%

Axis Bank Ltd.5.2%

Top sectors

Financial 26.59%

Services 18.7%

Technology 13.02%

Capital Goods 7.52%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 3.25453617%

Net Receivables 0.02874077%

Other Holdings

Others 0.03%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Mirae Asset Focused Fund	N.A.	₹7,411 Crs	6 yrs	0.75%
ICICI Prudential Focused Equity Fund	N.A.	₹10,484 Crs	12 yrs 3 m	0.67%
HDFC Focused 30 Fund	N.A.	₹17,227 Crs	12 yrs 3 m	0.81%
Tata Focused Equity Fund	N.A.	₹1,709 Crs	5 yrs 5 m	0.65%
Franklin India Focused Equity Fund	N.A.	₹11,396 Crs	12 yrs 3 m	1.07%
360 ONE Focused Equity Fund	N.A.	₹6,730 Crs	10 yrs 6 m	0.61%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Focused Fund	3.44%	-3.68%	12.07%	10.69%	23.54%	N.A.
ICICI Prudential Focused Equity Fund	4.39%	1.06%	17.97%	24.01%	30.33%	15.82%
HDFC Focused 30 Fund	3.42%	2.76%	18.97%	25.49%	32.76%	15.8%
Tata Focused Equity Fund	2.74%	-5.6%	9.61%	17.02%	26.09%	9.4%
Franklin India Focused Equity Fund	3.29%	-2.65%	8.65%	18.57%	27.95%	14.63%
360 ONE Focused Equity Fund	2.35%	-2.72%	8.08%	18.31%	26.85%	16.95%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Focused Fund	12.85	0.81	0.2	0.36
ICICI Prudential Focused Equity Fund	14.14	0.91	0.99	1.91
HDFC Focused 30 Fund	11.38	0.75	1.44	2.47
Tata Focused Equity Fund	14.56	0.94	0.58	1.04
Franklin India Focused Equity Fund	13.41	0.87	0.72	1.29
360 ONE Focused Equity Fund	13.87	0.9	0.68	1.21

View all Focused funds

Key risk & return ratios Compared to other funds in the category

Alpha	-3.79 vs. 5.04 Underperformed at beating benchmark
Sharpe	0.2 vs. 4.63 Poor risk-adjusted returns
Beta	0.81 vs. 0.95 Less sensitive to market ups & downs
Standard deviation	12.85 vs. 12.87 More stable returns

Compare Mirae Asset Focused Fund in detail with

About this fund

About Mirae Asset Focused Fund

Mirae Asset Focused Fund Direct - Growth is a Focused mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 6 yrs, having been launched on 23/04/2019. Mirae Asset Focused Fund Direct - Growth has ₹7,411 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Focused Fund Direct - Growth as of 23/04/2025 is ₹26.52. The fund has an expense ratio of 0.75%, which is close to what most other Focused funds charge.

Mirae Asset Focused Fund Direct - Growth returns of last 1-year are 12.05%. Since launch, it has delivered 17.82% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Mirae Asset Focused Fund Direct - Growth scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low.
The fund has the majority of its money invested in Financial, Services, Technology, Capital Goods, Metals & Mining sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Infosys Ltd., Axis Bank Ltd., Bharti Airtel Ltd..

...

Fund AUM	₹7,411 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Gaurav Misra

Mr. Misra has done BA ECO (HONS) and MBA, IIM Lucknow 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.

Investment objective

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

Mirae Asset Mutual Fund details

No. of schemes	43 view all schemes
Total AUM	₹1,90,637 Crs as on Mar 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Mirae Asset Midcap Fund	N.A.	₹14,922 Crs	6.42%	32.02%
Mirae Asset ELSS Tax Saver Fund	N.A.	₹23,945 Crs	10.36%	27.02%
Mirae Asset Great Consumer Fund	N.A.	₹3,872 Crs	10.61%	26.75%
Mirae Asset Large & Midcap Fund	N.A.	₹36,507 Crs	7.56%	26.42%
Mirae Asset Healthcare Fund	N.A.	₹2,667 Crs	22.46%	24.59%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Focused Fund?

The current Net Asset Value (NAV) of the Mirae Asset Focused Fund - Direct Growth plan is approximately ₹26.518 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Mirae Asset Focused Fund is a 6 yrs old fund and has delivered average annual returns of 17.81% since inception.

Mirae Asset Focused Fund Returns

1-Year	3-Year	5-Year	Since Inception
12.07%	10.69%	23.54%	17.81%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Focused Fund - Direct Growth has an expense ratio of 0.75%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Focused Fund currently has assets under management (AUM) or fund size valued at approximately ₹7,411 Crs crore as of Mar 31, 2025.

What are the top stock holdings of Mirae Asset Focused Fund?

The Mirae Asset Focused Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	10.33%
ICICI Bank Ltd.	8.12%
Infosys Ltd.	7.65%
Axis Bank Ltd.	5.2%
Bharti Airtel Ltd.	4.47%
One97 Communications Ltd.	4.38%
Sapphire Foods India Ltd.	3.96%
FSN E-Commerce Ventures Ltd.	3.8%
Eternal Ltd.	3.31%
SKF India Ltd.	3.3%

What are the top sectors Mirae Asset Focused Fund has invested in?

The Mirae Asset Focused Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	26.59%
Services	18.7%
Technology	13.02%
Capital Goods	7.52%
Metals & Mining	5.29%
Healthcare	5.16%
Automobile	4.97%
Communication	4.47%
Chemicals	2.78%
Consumer Discretionary	2.53%

What is risk level of Mirae Asset Focused Fund?

This is a Focused fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mirae Asset Focused Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset Focused Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mirae Asset Focused Fund is complete.

How can I redeem my investments in Mirae Asset Focused Fund?

Redeeming your investments in Mirae Asset Focused Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mirae Asset Focused Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Focused

#NA

Return Outperformance: This fund has generated highest return amongst Focused funds in the last 1 Year.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 18.07% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: Exit load of 1% if redeemed within 1 year.