Rating : N/A

Mirae Asset Focused Fund Direct Growth

Equity

  

Focused Fund

NAV

20.48 +0.266

(as on 23 Sep, 2021)

RETURNS

NA

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

0%

Asset Size

7543.64 Cr.

(As of 31 Aug, 2021)

Benchmark

IISL Nifty 200 TR INR

Riskometer

Investors understand that their principal will be at Very High Risk.

Objective

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.

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Fund manager

Gaurav Misra

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹1000

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

ICICI Bank Ltd

8.55%

Infosys Ltd

8.52%

HDFC Bank Ltd

8.20%

Reliance Industries Ltd Shs Dematerialised

6.23%

Sector Allocation

About the Scheme Type

Focused Funds have shares in limited number of companies (typically less than thirty companies) as well as in limited number of sectors (typically less than 3 sectors). Now, the reason why mutual funds are so popular is because of diversification only, but while that may be a good things when it comes to investments, too much diversification might also result in nominal returns. Hence, a Focused Fund, because of itsfocused approach on a few units can deliver market beating returns, the less diversification can also mean more exposure torisks.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

N/A

Overview of Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset was founded in 1997 in the wake of the Asian financial crisis with a vision of and dedication to serving clients in a way to help them build wealth for life with proven investment strategies. As on 12th March 2019, Mirae Asset Management’s AUM (Assets under Management) had crossed the important threshold of Rs 25,000 Cr (Rs 22,000 in equity and Rs 3,100 in debt), witnessing a growth of over 50% in calendar year 2018.

  • Mirae Asset Global Investments (India) Pvt. Ltd. was established in India, in November 2007, with a seed capital of US$ 50 million

  • Mirae Asset Mutual Fund is sponsored by Mirae Asset Global Investments Co. Limited, South Korea

  • Mirae Asset present in India as a Foreign Institutional Investor (FII) since 2004

  • Mirae Asset Global Investments India provides advisory services to Hong Kong & Korean offices

  • Mix of domestic and international businesses providing stable growth for Mirae Asser India business