September 14, 2022
mayank
Mirae Asset Focused Fund
NAV Growth : Rs 20.2570
NAV IDCW : Rs 20.2530
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.
Mirae Asset Focused Fund Manager :
1) Gaurav Misra
Education : Mr. Misra has done BA ECO (HONS) and MBA, IIM Lucknow
Experience : 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 Details
| Min. Investment (Rs) : | 5,000 |
| Min. Addl Investment (Rs) : | 1,000 |
| Min. SIP Investment (Rs) : | 1,000 |
| Min. Withdrawal (Rs) : | — |
| Min. No of Cheques : | 5 |
| Min. Balance (Rs) : | — |
| Lock-in Period : | NA |
| Exit Load : | 1% for redemption within 365 days |
Basic Details
| Fund House : | Mirae Asset Mutual Fund |
| Launch Date : | 15-May-19 |
| Return Since Launch : | 23.58% |
| Benchmark : | NIFTY 500 TRI |
| Riskometer : | Very High |
| Type : | Open-ended |
| Assets : | Rs 8,993 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio : | 0.50% |
| (As on 31-Jul-2022) | |
| Risk Grade : | Average |
| Return Grade : | High |
| Turnover : | 33.00% |
Mirae Asset Focused Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Focused Dir | -2.86 | 0.67 | 1.79 | 12.61 | 5.25 | 0.55 | 23.88 | — | — | — |
| S&P BSE 500 TRI | 6.1 | 0.6 | 3.56 | 17.46 | 11.42 | 7.2 | 21.79 | — | — | — |
| Equity: Flexi Cap | 3.61 | 0.54 | 3.75 | 17.32 | 10.48 | 5.92 | 20.48 | — | — | — |
| Rank within category | 59 | 13 | 70 | 68 | 64 | 56 | 7 | — | — | — |
| Number of funds in category | 64 | 72 | 70 | 68 | 68 | 63 | 49 | 35 | 34 | 1 |
Mirae Asset Focused Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| Mirae Asset Focused Dir | 5 star | 0.55 | 23.88 | — | 0.50 | 8,993 | 23.58 | 1.00 (365) | 3yrs 4mo | 33.00 |
| SBI Focused Eqt Dir | 4 star | 1.75 | 21.2 | 15.58 | 0.67 | 27,450 | 15.92 | 1.00 (365) | 9yrs 8mo | 34.00 |
| UTI Flexi Cap Dir | 4 star | -4.18 | 23.22 | 15.71 | 0.95 | 26,503 | 15.80 | 1.00 (365) | 9yrs 8mo | 9.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 2.83 | 26.62 | 18.97 | 0.77 | 25,996 | 19.67 | 2.00 (365) | 9yrs 3mo | 16.56 |
| Canara Robeco Flexi Cap Dir | 4 star | 2.61 | 23.24 | 15.25 | 0.51 | 8,340 | 15.00 | 1.00 (365) | 9yrs 8mo | 35.00 |
Portfolio Analysis
| No. of Stocks : | 30 |
| Top 10 Stocks (%) : | 53.61 |
| Top 5 Stocks (%) : | 35.77 |
| Top 3 Sectors (%) : | 55.66 |
| Portfolio P/B Ratio : | 3.79 |
| Portfolio P/E Ratio : | 26.01 |
Portfolio Breakup
| No. of Stocks : | 30 |
| Top 10 Stocks (%) : | 53.61 |
| Top 5 Stocks (%) : | 35.77 |
| Top 3 Sectors (%) : | 55.66 |
| Portfolio P/B Ratio : | 3.79 |
| Portfolio P/E Ratio : | 26.01 |
Mirae Asset Focused Fund by Chanakya :
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
Apply Online :
Stock Research Reports :
https://www.analysislibrary.com/
NFO Guidance :
https://sahifund.com/category/nfos/
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