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Unrated

Mirae Asset Focused Fund - Regular Plan


Equity: Flexi Cap

1 Lakh

Investment Grown to
₹ 1.74 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.53 Lakh

Suitability:

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. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 19.11 -0.38 1.72 9.01 6.60 21.98 73.96 -- -- -- --
S&P BSE 500 TRI 18.22 -0.71 0.97 8.61 8.37 20.40 68.62 -- -- -- --
Equity: Flexi Cap 16.89 -0.55 1.22 8.33 7.64 19.13 60.49 -- -- -- --
Rank within category 16 8 9 13 43 12 6 -- -- -- --
Number of funds in category 56 60 60 59 59 56 52 39 35 30 24

As on 16-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset Focused Fund - Regular Plan  | Invest Online
Unrated
May-19 73.96 -- -- 1.83 6,177
Kotak Flexicap Fund Regular Plan  | Invest Online
4 star
Sep-09 55.29 13.23 15.29 1.62 35,955
UTI Flexi Cap Fund - Regular Plan  | Invest Online
5 star
May-92 73.21 17.96 17.65 1.97 18,405
Axis Focused 25 Fund
4 star
Jun-12 58.34 13.93 17.97 1.83 16,540
Parag Parikh Flexi Cap Fund - Regular Plan  | Invest Online
5 star
May-13 63.76 20.46 19.61 2.06 10,276

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.22 26-May-2020 - 02-Jun-2020 -20.41 16-Mar-2020 - 23-Mar-2020
Month 22.35 23-Mar-2020 - 22-Apr-2020 -37.16 20-Feb-2020 - 23-Mar-2020
Quarter 38.40 23-Mar-2020 - 22-Jun-2020 -36.51 23-Dec-2019 - 23-Mar-2020
Year 111.51 23-Mar-2020 - 23-Mar-2021 -16.97 27-May-2019 - 26-May-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 15.83 22.84 0.50 0.59 -- --
Equity: Flexi Cap* 14.20 22.21 0.45 0.50 0.94 -0.98
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 30
Top 10 Stocks (%) 56.15
Top 5 Stocks (%) 39.53
Top 3 Sectors (%) 55.75
Portfolio P/B Ratio 4.03
Portfolio P/E Ratio 27.50

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,36,515 1,33,343
Giant (%) 48.70 52.33
Large (%) 21.30 17.31
Mid (%) 27.56 23.41
Small (%) 2.43 7.45
Tiny (%) -- 0.14

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HDFC Bank Financial 25.73 11.02 6.54 9.50
down Infosys Technology 32.60 9.79 3.94 8.59
equal ICICI Bank Financial 24.10 8.55 5.37 8.55
up Reliance Industries Energy 30.44 10.13 3.05 7.78
equal Axis Bank Financial 31.93 5.30 0.00 5.11
equal Maruti Suzuki India Automobile 48.95 4.37 2.37 4.07
equal Bharti Airtel Communication -- 4.41 0.00 3.62
up Muthoot Finance Financial 15.97 3.06 0.00 3.06
up Ashok Leyland Automobile -- 2.95 0.00 2.95
up JK Cement Construction 30.15 3.19 0.38 2.92
down Torrent Pharmaceuticals Healthcare 39.04 3.58 2.04 2.68
down Bharat Electronics Engineering 20.52 3.64 0.00 2.54
up Voltas Cons Durable 64.84 3.24 2.13 2.52
down Gland Pharma Healthcare 51.74 2.59 0.00 2.51
equal Max Financial Services Financial 82.93 3.14 1.97 2.51
equal Dabur India FMCG 60.61 3.24 1.98 2.41
equal SKF India Engineering 42.77 2.86 0.00 2.40
up Orient Electric Engineering 57.65 2.61 0.00 2.36
up Mphasis Technology 32.26 2.31 0.00 2.31
equal Kansai Nerolac Paints Chemicals 58.78 3.02 1.71 2.26
equal Britannia Inds. FMCG 47.02 3.92 2.25 2.25
up L&T Infotech Technology 38.00 3.55 1.93 2.04
down Hindustan Petroleum Corporation Energy 4.05 3.22 1.73 1.78
equal HDFC Life Insurance Financial 102.82 3.46 1.74 1.74
equal Gujarat State Petronet Energy 10.98 3.31 1.66 1.66

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Gaurav Misra since 23-Apr-2019

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.

Funds Managed:


-0.38%

Change from previous, NAV as on 16-Jun-2021

Growth: ₹ 17.0720

IDCW: ₹ 17.0740


Investment Strategy

The scheme seeks to generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 5
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Mirae Asset Mutual Fund
Launch Date: 15-May-2019
Return Since Launch: 29.16%
Benchmark: NIFTY 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 6,177 Cr (As on 31-May-2021)
Expense: 1.83% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: --
Turnover: 29.00%

Contact Information

AMC: Mirae Asset Investment Managers (India) Pvt. Ltd.

Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098

Phone: 022-67800301 / 1800-2090-777

Email: [email protected]

Website: http://www.miraeassetmf.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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