Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal

Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal

Equity
Direct
Very High Risk
Focused Fund

NAV: ₹ 21.2 as on 20-01-2022

About the Fund

Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal is an equity fund. This fund was started on  14 May, 2019. The fund is managed by Gaurav Misra. The fund could potentially beat inflation in the long-run.

Key parameters

1) Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal has a NAV of 21.247 as on 21-Jan-2022.

2) Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal has 8256 Cr worth of assets under management (AUM) as on 21-Jan-2022 and is more than category average.

3) The fund has an expense ratio 0.4 %.

Fund Overview

Expense ratio
Expense ratio
0.4%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹8256 Cr
Inception Date
Inception Date
14 May, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
29.61%

Fund Distribution

  • Equity 98.7%
  • Debt & Cash 1.3%
Size breakup
Large cap
67.8%
Mid cap
24.2%
Small cap
6.7%
Sector Allocation
Financial Services36.1%
Tech16.5%
Industrial11.6%
Cyclical9.5%
Health7%
Energy6.7%
Basic Materials4.1%
Communication3.3%
Utilities2.7%
Defensive2.5%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings20
Equity Holdings20
Debt Holdings2
Infosys Ltd
Infosys Ltd
9.5%
ICICI Bank Ltd
ICICI Bank Ltd
8.8%
HDFC Bank Ltd
HDFC Bank Ltd
7.5%
Reliance Industries Ltd
Reliance Industries Ltd
5%
State Bank of India
State Bank of India
4.8%
Axis Bank Ltd
Axis Bank Ltd
4.3%
Sona BLW Precision Forgings Ltd
Sona BLW Precision Forgings Ltd
3.8%
Mphasis Ltd
Mphasis Ltd
3.2%

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 32.35% since inception which is more than its category average return of 19.35%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.70761% in Equity, 0% in Debt and 1.29238% in Cash related instruments
AUM size ₹8256 Cr

AUM size ₹8256 Cr

This fund has AUM of ₹8256 Cr which is more than its category average of ₹ 3451 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 1.58%

AMC details

Fund House
Mirae Asset Investment Managers (India) Private Limited
Email
Phone
+912267800300
Address
India

Frequently Asked Questions

What are the average returns of Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal Fund ?

What is the current NAV of Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal Fund?

How do I invest in Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal Fund?

What is the expense ratio of Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal fund?

What is the worth of total assets under management (AUM) of Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal fund ?

What are the top holdings of Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal Fund?

What are the top sectors Mirae Asset Focused Fund Direct Reinvestment of Income Distribution cum capital withdrawal Fund has invested in?