Mirae Asset Investment Managers (India) Private Limited

Mirae Asset Focused Fund Regular Plan Growth

EquityFocused
  • Plan: Regular
  • |
  • Type: Open-Ended
  • |
  • Option: Growth
  • 1 yr return-6.6%
  • 3 yr return14.4%
  • 5 yr return-
  • Expense Ratio1.76%
  • Lock-in Period--
  • Exit Load1%
  • Fund Size (Cr)Rupees8802.4
  • NAVRupees18

Performance Graph

  • Show returns for: 1 yr 3 yrs 5 yrs
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Returns Calculator

  • Show returns for: SIP Lumpsum
  • Monthly SIP (Rupees)
  • Investment years: 1 3 5
  • Amount invested/month: Rupees-
  • Time Period: 1 years
  • Estimated Returns: Rupees0

Analysis

About Mirae Asset Focused Fund

Mirae Asset Focused Fund is an open-ended equity scheme investing in a maximum of 30 stocks across market capitalizations i.e large-cap, midcap & smallcap.

Investment Objective

The investment objective of the scheme is to provide capital appreciation & income over the long term to investors by making investments in a diversified portfolio of equity & equity-related securities of up to 30 companies. 

Benchmark

The Benchmark of the scheme is NIFTY 200 TRI.

Investment Details

ParticularsMinimum Amount
Minimum Application AmountRs.5,000 & in multiples of Rs.1 thereafter
Minimum Additional InvestmentRs.1,000 & in multiples of Rs.1 thereafter

SIP Details

TypeMinimum AmountMinimum Installments
MonthlyRs.1,000 & in multiples of Rs.1 thereafter5
QuarterlyRs.1,000 & in multiples of Rs.1 thereafter5

Loads

Entry Load: Nil

Exit Load: 

If units are redeemed or switched out within 1 year- 1%

If units are redeemed or switched out after 1 year- Nil

Suitability

Mirae Asset Focused Fund is suitable for investors with a moderately high-risk appetite & looking to invest for a period of 5 years & above. 

Taxation:

As the fund predominantly invests in equity securities, Mirae Asset Focused Fund has the taxability of an equity mutual fund scheme. Following taxation is applicable:

  • If the units are sold after 1 year, then the gains on investments are treated as Long Term Capital Gains (LTCG). LTCG of up to Rs 1 lacs in a financial year is tax-free and above that, it is taxed at the rate of 10% without the benefit of indexation.
  • If the units are sold within 1 year, then the gains are treated as Short Term Capital Gains (STCG) and are taxed at the rate of 15%.

Mirae Asset Focused Fund’s Asset Allocation

Under normal conditions, the pattern of asset allocation is as follows:

 

AssetsMinimum indicative allocation (% of total assets)Maximum indicative allocation (% of total assets)Risk Profile
Domestic Equity & Equity related securities 65100High 
Debt & money market instruments, Units of debt/liquid schemes035Low to Moderate

Who should invest?

Focused funds are those equity mutual funds that invest in a concentrated portfolio of equity & equity-related securities of companies with limited sectors rather than a diversified portfolio. These funds offer the benefits of diversification across market capitalizations through its multi-cap investments.

Investments in Mirae Asset Focused Fund can be made by investors who want to invest in an equity portfolio with a focused approach. The fund manager wants to build a focused equity portfolio which could generate higher returns over long periods through investments in companies having strong growth, robust business models, sustainable competitive advantages & high return ratios. 

Investors looking to invest in equity funds with a focused portfolio could consider investments in this fund. However, investments in these funds could carry higher risks than multi-cap funds because of their focused approach. A small allocation in this fund can be a good investment for diversification within an equity portfolio.

Eligibility 

The following people are eligible for investing in this scheme:

  • Indian Resident Adults (single holder or on a joint basis)
  • Hindu Undivided Family
  • Partnership entities
  • Limited Liability Partnership units
  • Minor through parent or a legal guardian
  • Sole Proprietor
  • Corporates, PSUs & others.
  • NRIs/POIs/OCIs
  • Banks & Financial Institutions
  • Religious & Charitable Trusts
  • Defense & paramilitary units 
  • Foreign Portfolio Investors
  • Pension/Provident/Gratuity Funds
  • Trustee, AMCs or Sponsors
  • Other schemes of Mirae Asset MF or other mutual funds
  • Alternative Investment Funds
  • Others

How to invest?

You can invest in Mirae Asset Focused Fund through any AMFI distributor, AMC, banks, or third party platforms. If you need any help with your investments, you can reach out to our ZFunds Experts on Whatsapp - 7217746224.

More Mirae Asset Funds:

Mirae Asset Tax Saver Fund Regular Plan
Mirae Asset Midcap Fund Regular Plan
Mirae Asset Focused Fund Regular Plan Growth
Mirae Asset Hybrid Equity Fund Regular Plan
Mirae Asset Banking and PSU Debt Fund Regular
Mirae Asset Short Term Fund Regular Plan
Mirae Asset Large Cap Fund

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Investment Objective

To Generate Long Term Capital Appreciation/Income By Investing In Equity & Equity Related Instrumentsof Up To 30 Companies.There Is No Assurance That The Investment Objective Of The Scheme Will Berealized.

Tax Implications

Taxation on mutual fund explained : https://zfunds.in/article/taxes-on-mutual-funds

Riskometer

Top Holdings

  • Companies %
  • HDFC Bank Limited 10.9
  • ICICI Bank Limited 8.5
  • Infosys Limited 7.9
  • Axis Bank Limited 5.6
  • Reliance Industries Limited 5.4
  • Bharti Airtel Limited 4.6
  • Maruti Suzuki India Limited 3.8
  • State Bank of India 3.4
  • SBI Cards and Payment Services Limited 3.3
  • Orient Electric Limited 3.2
  • Syngene International Limited 3.2
  • Sectors %
  • Banks28.5
  • Internet and Technology10.1
  • Finance6.7
  • Automobiles6.3
  • Petroleum Products6.2

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