Mutual Funds
AMC
Mirae Asset Focused Fund - Direct (IDCW)

Mirae Asset Focused Fund - Direct (IDCW)

Focused Fund

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NAV
26.29(0.86%)
Fund Size (CR)
₹8,017.36
Expense Ratio
0.59
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹99
Minimum Withdrawal
₹1
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
18.04%

Absolute Return: 2.95%

Annualized Return: 0%

Basic Details

Scheme Manager

Gaurav Misra

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	3 September 2025	10137.25	1.37%	-	0.84%	29/114
1 Month	8 August 2025	10447.40	4.47%	-	2.96%	18/114
3 Month	10 June 2025	10187.50	1.88%	-	0.04%	30/114
6 Month	10 March 2025	11690.35	16.90%	-	14.35%	26/114
1 Year	10 September 2024	10222.37	2.22%	2.22%	-1.42%	26/114
3 Year	9 September 2022	14271.41	42.71%	12.56%	15.91%	89/106
5 Year	10 September 2020	23458.51	134.59%	18.58%	20.21%	63/86
Since Inception	14 May 2019	28584.20	185.84%	18.04%	15.83%	30/114

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 October 2024	1,20,000	138455.74	15.38%	15.38%
3 Year	3 October 2022	3,60,000	459887.87	27.75%	8.51%
5 Year	1 October 2020	6,00,000	852406.76	42.07%	7.28%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

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Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.49%

Standard Deviation

0.82%

Beta

0.54%

Sharpe Ratio

-0.01%

Treynor's Ratio

-0.93%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	9.49%	7827964	744.91	Equity	Banks
ICICI Bank	7.60%	4270996	597.00	Equity	Banks
Infosys	6.59%	3522842	517.72	Equity	IT - Software
ITC	5.45%	10438533	427.72	Equity	Tobacco Products
One 97	4.79%	3113412	375.79	Equity	E-Commerce/App based Aggregator
Maruti Suzuki	4.16%	220671	326.39	Equity	Automobile
Sapphire Foods	3.96%	9495813	310.56	Equity	Quick Service Restaurant
Bharti Airtel	3.83%	1591164	300.54	Equity	Telecomm-Service
TCS	3.73%	948562	292.60	Equity	IT - Software
SKF India	3.57%	631214	280.26	Equity	Bearings

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Mirae Asset Focused Fund - Direct (IDCW)	8017.36	4.47%	1.88%	16.90%	2.22%	12.56%
SBI Focused Fund - Direct (G)	37936.17	3.94%	1.51%	15.55%	7.98%	15.95%
SBI Focused Fund - Direct (IDCW)	37936.17	3.94%	1.51%	15.55%	7.98%	15.95%
HDFC Focused Fund - Direct (IDCW)	21456.24	3.57%	2.76%	14.80%	7.47%	23.22%
HDFC Focused Fund - Direct (G)	21456.24	3.57%	2.76%	14.80%	7.45%	23.22%
ICICI Pru Focused Equity Fund - Direct (IDCW)	12380.36	3.84%	2.16%	19.50%	5.46%	23.39%

List of Schemes under Mirae Asset Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Mirae Asset Liquid Fund	Debt	Moderate	7.14%	3	₹13,880.73
Mirae Asset Large & Midcap Fund	Equity	Very High	-2.82%	2	₹41,201.87
Mirae Asset Large Cap Fund	Equity	Very High	1%	3	₹40,724.59
Mirae Asset Great Consumer Fund	Equity	Very High	-2.16%	4	₹4,386.26
Mirae Asset Low Duration Fund	Debt	Moderately Low	8.41%	4	₹1,789.12
Mirae Asset Aggressive Hybrid Fund	Hybrid	Very High	2.76%	3	₹9,312.76
Mirae Asset ELSS Tax Saver Fund	Equity	Very High	0.45%	3	₹26,537.48
Mirae Asset Dynamic Bond Fund	Debt	Moderate	8.74%	4	₹121.00
Mirae Asset Short Duration Fund	Debt	Moderately Low	9.52%	4	₹909.73
Mirae Asset Healthcare Fund	Equity	Very High	8.32%	2	₹2,785.12
Mirae Asset Equity Savings Fund	Hybrid	Moderately High	6.55%	3	₹1,507.32
Mirae Asset Focused Fund	Equity	Very High	4.44%	2	₹8,084.40
Mirae Asset Midcap Fund	Equity	Very High	-1.41%	2	₹17,184.81
Mirae Asset Overnight Fund	Debt	Low	6.3%	4	₹849.30
Mirae Asset Arbitrage Fund	Hybrid	Low	7.46%	3	₹3,232.92
Mirae Asset Banking and PSU Fund	Debt	Moderate	9.02%	2	₹48.11
Mirae Asset Diversified Equity Allocator Passive FOF	Other	Very High	-2.86%	4	₹976.46
Mirae Asset Ultra Short Duration Fund	Debt	Moderate	8%	4	₹1,662.55
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund	Other	Very High	-0.35%	0	₹102.71
Mirae Asset Banking&Financial Services Fund	Equity	Very High	10.3%	3	₹2,085.20
Mirae Asset Corporate Bond Fund	Debt	Moderate	9.23%	2	₹44.50
Mirae Asset NYSE FANG+ ETF Fund of Fund	Other	Very High	60.42%	0	₹1,983.36
Mirae Asset Money Market Fund	Debt	Moderately Low	8.28%	4	₹3,485.65
Mirae Asset S&P 500 Top 50 ETF Fund of Fund	Other	Very High	43.13%	0	₹621.54
Mirae Asset Hang Seng TECH ETF Fund of Fund	Other	Very High	67.91%	0	₹85.17
Mirae Asset Nifty India Manufacturing ETF Fund of	Other	Very High	-7.19%	0	₹112.94
Mirae Asset Nifty SDL Jun 2027 Index Fund	Other	Moderate	8.79%	0	₹609.77
Mirae Asset Balanced Advantage Fund	Hybrid	Moderately High	4.96%	0	₹1,899.14
Mirae Asset Global X Artificial Intelligence & Technology ETF FOF	Other	Very High	33.17%	0	₹336.50
Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF	Other	Very High	12.14%	0	₹47.43
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund	Other	Moderate	10.33%	0	₹240.43
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund	Other	Moderate	7.89%	0	₹83.72
Mirae Asset Flexi Cap Fund	Equity	Very High	2.81%	0	₹2,981.66
Mirae Asset Nifty SDL June 2028 Index Fund	Other	Moderate	9.65%	0	₹73.91
Mirae Asset FMP - Series V - Plan 3	Debt	Moderately Low	0%	0	₹0.00
Mirae Asset FMP - Series V - Plan 4	Debt	Moderately Low	0%	0	₹0.00
Mirae Asset Multicap Fund	Equity	Very High	0.94%	0	₹3,943.57
Mirae Asset Multi Asset Allocation Fund	Hybrid	Very High	9.45%	0	₹2,091.65
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF	Other	Very High	-16.19%	0	₹223.01
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF	Other	Very High	-11.65%	0	₹243.07
Mirae Asset Nifty200 Alpha 30 ETF FOF	Other	Very High	-15.26%	0	₹215.28
Mirae Asset Nifty Total Market Index Fund	Other	Very High	0%	0	₹43.68
Mirae Asset Nifty LargeMidcap 250 Index Fund	Other	Very High	0%	0	₹21.55
Mirae Asset Nifty 50 Index Fund	Other	Very High	0%	0	₹30.30
Mirae Asset Gold ETF Fund of Fund	Other	High	0%	0	₹102.85
Mirae Asset Long Duration Fund	Debt	Moderate	0%	0	₹35.49
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund	Other	Very High	0%	0	₹14.39
Mirae Asset Small Cap Fund	Equity	Very High	0%	0	₹1,789.73
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund	Other	Very High	0%	0	₹4.25
Mirae Asset BSE Select IPO ETF Fund of Fund	Other	Very High	0%	0	₹5.46
Mirae Asset Income plus Arbitrage Active FOF	Other	Moderate	0%	0	₹17.34
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund	Other	Moderately Low	0%	0	₹136.13

News

Mirae Asset Mutual Fund announces IDCW Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mirae Asset Mutual Fund has announced 29 August 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) in the following scheme. The proposed IDCW on the face value of Rs 10 per unit will be:
Mirae Asset Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: Rs 0.10 per unit.
Mirae Asset Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: Rs 0.10 per unit
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Mirae Asset Mutual Fund announces change in fund manager under its schemes

Mirae Asset Mutual Fund has announced change in fund manager under the following scheme, With effect from 16 June 2025

Change in Fund Manager:

Name of the Scheme(s)	Existing Fund Manager(s)	Proposed Fund Manager(s)
Mirae Asset Great Consumer Fund	Mr. Ankit Jain & Mr. Siddhant Chhabria	Mr. Siddhant Chhabria
Mirae Asset Banking & Financial Services Fund	Mr. Gaurav Kochar	Mr. Harshad Borawake

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Mirae Asset Mutual Fund announces change in fund manager under its scheme

Mirae Asset Mutual Fund has announced change in fund manager under the following scheme, with effect from 05 June 2025.

Change in Fund Manager:

Name of the Scheme(s)	Existing Fund Manager(s)	Proposed Fund Manager(s)
Mirae Asset Multi Asset Allocation Fund	Mr. Harshad Borawake (for equity portion), Mr. Siddharth Srivastava (for overseas portion), Mr. Ritesh Patel (for commodity portion), Mr. Basant Bafna (for debt portion)	Mr. Harshad Borawake (for equity portion), Mr. Siddharth Srivastava (for overseas portion), Mr. Ritesh Patel (for commodity portion), Mr. Mahendra Kumar Jajoo (for debt portion)

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Fund House Details & Investment Objective

Date of Incorporation

23 April 2019

Total AUM (Cr)

₹7852.35

Mirae Asset Focused Fund - Direct (IDCW) is an Focused Fund-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 23 April 2019, this fund is managed by Gaurav Misra. With assets under management (AUM) worth ₹7,852.35 (Cr), as of 10 September 2025, Mirae Asset Focused Fund - Direct (IDCW) is categorized as a Focused Fund within its segment. The fund has generated a return of 18.04% since its launch.
The current NAV of Mirae Asset Focused Fund - Direct (IDCW) is ₹26.29, as on 10 September 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in Mirae Asset Focused Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹99 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed within 1 year (365 days) from the date of allotment: 1% If redeemed after 1 year (365 days) from the date of allotment: Nil The fund has generated 12.56% and 18.58% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 97.21% in Equity, 2.94% in Debt and -0.15% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 20.76% in Banks, 15.86% in IT-Software, 10.24% in Retailing, 5.74% in Industrial Products, 4.70% in Financial Technology (Fin