Performance Update

Mirae Asset Focused Fund: Out of focus?

Though there have been some intriguing developments, the fundamentals of the fund remain intact

Though there have been some intriguing developments, the fundamentals of the fund remain intact

हिंदी में भी पढ़ें read-in-hindi

Mirae Asset Focused Fund is a concentrated fund with a maximum of 30 stocks in its portfolio. The fund follows the same investment philosophy as other Mirae equity funds and has historically had holdings similar to the flagship Mirae Emerging Bluechip Fund. Its diversified portfolio has a blend of value- and growth-oriented stocks which the fund house refers to as GARP (growth at a reasonable price) style. Since inception, the fund has had a relatively lower allocation to large-caps. The fund's performance has been poor over the past 12 months. It delivered a

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