Rating : ★ ★ ★ ★ ☆
Mirae Asset Focused Fund Regular Growth
Focused Fund
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
2%
Asset Size
8275.96 Cr.
(As of 31 May, 2022)
Benchmark
IISL Nifty 500 TR INR
Riskometer
Investors understand that their principal will be at 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.
Fund manager
Gaurav Misra
Exit load
1 %
(If redeemed within 365 days)Minimum sip
₹0
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
Infosys Ltd
9.62%
ICICI Bank Ltd
8.46%
HDFC Bank Ltd
7.25%
Reliance Industries Ltd
5.34%
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 4 stars by Morning Star Ratings.
★ ★ ★ ★ ☆
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