Mirae Asset Focused Fund Direct Growth

Mirae Asset Focused Fund Direct Growth

Equity

Mirae Mutual Fund

Focused Fund

Get the latest NAV of Mirae Asset Focused Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹28.23

▲0.2%1D

NAV as on 30 Jun 2025

18.45%/per year

Since Inception

Absolute Gain%

▲▼

1382 people have invested ₹ 1.4Cr in Mirae Asset Focused Fund Direct Growth in the last three months

Mirae Asset Focused Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (30-Jun-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
This Fund
Nifty 500
Category Avg
1 Month
2.57%
3.58%
3.64%
3 Months
11.65%
10.67%
9.71%
6 Months
2.85%
5.55%
3.46%
1 Year
11.2%
4.69%
5.79%
3 Years
16.03%
20.83%
21.54%
5 Years
21.45%
22.75%
22.32%

Mirae Asset Focused Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

12
/19
41% Performance
49% Risk Management
90% Cost

Ranked 12 out of 19 mutual funds in the focused fund category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mirae Asset Focused Fund
12/19
7,927Cr
0.59%
11.2%
16.03%
18.45%
HDFC Focused Fund Direct Growth
1/19
19,578Cr
0.61%
12.08%
29.31%
16.17%
ICICI Prudential Focused Equity Fund Direct Growth
2/19
11,667Cr
0.58%
12.9%
28.6%
16.77%
Invesco India Focused Fund Direct Growth
3/19
3,981Cr
0.63%
11.88%
30.61%
26.89%
See all
Positive: Beats FD returns for both 3Y & 5Y
Beats FD returns for both 3Y & 5Y
Negative: Underperforms benchmarks during bull run
Underperforms benchmarks during bull run
Negative: 3Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category

Mirae Asset Focused Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Mirae Asset Focused Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 94.7%

Debt & Cash 5.3%

Large cap
44.3%
Small cap
26.4%
Mid cap
24.1%
Small Cap allocation has gone down from 27% to 26.4%
Small Cap allocation has gone down from 27% to 26.4%
Mid Cap allocation has gone down from 28.6% to 24.1%
Mid Cap allocation has gone down from 28.6% to 24.1%
Large Cap allocation has gone up from 41.1% to 44.3%
Large Cap allocation has gone up from 41.1% to 44.3%
Cash allocation has gone up from 3.3% to 5.3%
Cash allocation has gone up from 3.3% to 5.3%

Mirae Asset Focused Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 94.7%

Debt & Cash 5.3%

Financial Services
30%
Tech
21.1%
Consumer Cyclical
19.4%
Industrial
8.4%
Basic Materials
7.1%
Health
5.5%
Communication
4%
Utilities
2.4%
Real Estate
2.1%

Top 3 Sectors in May were Financial Services, Consumer Cyclical & Tech

May'25

Financial Services

25%

Consumer Cyclical

24%

Tech

21%

Apr'25

Financial Services

30%

Consumer Cyclical

22%

Tech

18%

Mirae Asset Focused Fund Holdings Details

as on (31-May-25)

Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
9.51%
0%
ICICI Bank Ltd
7.48%
-2.6%
Infosys Ltd
6.87%
-3.5%
Axis Bank Ltd
5.06%
0%
One97 Communications Ltd
4.65%
0%
See all
Top Stocks bought last month
SKF India Ltd's allocation increased from 3.3% to 3.74%
SKF India Ltd's allocation increased from 3.3% to 3.74%
Maruti Suzuki India Ltd's allocation increased from 2.03% to 2.43%
Maruti Suzuki India Ltd's allocation increased from 2.03% to 2.43%
Arvind Fashions Ltd's allocation increased from 1.74% to 2.13%
Arvind Fashions Ltd's allocation increased from 1.74% to 2.13%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 10.33 % to 9.51 %
HDFC Bank Ltd's allocation decreased from 10.33 % to 9.51 %
ICICI Bank Ltd's allocation decreased from 8.12 % to 7.48 %
ICICI Bank Ltd's allocation decreased from 8.12 % to 7.48 %
Infosys Ltd's allocation decreased from 7.65 % to 6.87 %
Infosys Ltd's allocation decreased from 7.65 % to 6.87 %

Mirae Asset Focused Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.59%
Benchmark
Nifty 500 TR INR
AUM₹7927 Cr
Inception Date14 May, 2019
Min Lumpsum/SIP₹5000/₹99
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
16.35%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Mirae Asset Focused Fund

Mirae Asset Focused Fund Direct Growth 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 Growth has ₹7927 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Mirae Asset Focused Fund Direct Growth has given a CAGR return of 18.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.20%, 16.03% and 21.45% respectively.

Holdings

Mirae Asset Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Basic Materials, Health, Communication, Consumer Defensive, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Axis Bank Ltd, One97 Communications Ltd

Taxation

As it is a focused fund mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Mirae Asset Focused Fund Direct Growth

To generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Focused Fund Direct Growth has no lock in period.

Fund Manager

Gaurav Misra

Fund Manager of Mirae Asset Focused Fund Direct Growth, since 14 May 2019

Learn more about Mirae Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 7.9K Cr
₹ 7.6K Cr
₹ 7.4K Cr
  • AUM of the fund stands at 7.9K Cr as of May'25
  • AUM increased by 276.9 Cr between May'25 and Apr'25

Compare Mirae Asset Focused Fund

Mirae Asset Focused Fund

VS

SBI Focused Equity Fund Direct Growth

Frequently Asked Questions for Mirae Asset Focused Fund Direct Growth

How do I invest in Mirae Asset Focused Fund?

INDmoney makes it simple to invest in the Mirae Asset Focused Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mirae Asset Focused Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Mirae Asset Focused Fund?

The NAV of the fund today is ₹28.23. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Mirae Asset Focused Fund fund has generated a return of 11.20% in 1 year, 16.03% in 3 years, 21.45% in 5 years.

Who is the fund manager of Mirae Asset Focused Fund?

The fund managers are Gaurav Misra.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-1 Years. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.59%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹7927 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mirae Asset Focused Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(9.51%), ICICI Bank Ltd(7.48%), Infosys Ltd(6.87%)