Mirae Asset Focused Fund Regular Plan Growth
Fund House: Mirae Asset Mutual Fund| Category: Equity: Focused |
| Launch Date: 01-05-2019 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| Expense Ratio: 1.76% As on (31-12-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 8,802.49 Cr As on (31-12-2022) |
| Turn over: 31% | Exit Load: 1% for redemption within 365 days |
18.147
-0.09 (-0.4739%)
17.48%
NIFTY 50 TRI 16.18%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks to generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 22.7 |
| Sharpe Ratio | 0.63 |
| Alpha | -0.76 |
| Beta | 0.97 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Mirae Asset Focused Fund Regular Plan Growth | 01-05-2019 | -8.35 | 10.5 | 15.18 | - | - |
| HDFC Focused 30 Fund - GROWTH PLAN | 05-09-2004 | 11.41 | 25.13 | 19.58 | 8.79 | 12.68 |
| Franklin India Focused Equity Fund - Growth Plan | 05-07-2007 | 2.51 | 17.72 | 18.03 | 10.75 | 16.74 |
| ICICI Prudential Focused Equity Fund - Growth | 05-05-2009 | 2.4 | 16.59 | 20.61 | 11.34 | 12.81 |
| Quant Focused Fund - Growth Option - Regular Plan | 01-08-2008 | 2.11 | 17.25 | 19.8 | 10.91 | 16.32 |
| Mahindra Manulife Focused Equity Yojana - Regular Plan - Growth | 01-11-2020 | 1.86 | 18.46 | - | - | - |
| JM Focused Fund (Regular) - Growth Option | 05-03-2008 | 0.11 | 9.14 | 7.95 | 5.83 | 11.87 |
| Nippon India Focused Equity Fund -Growth Plan -Growth Option | 26-12-2006 | -0.5 | 15.99 | 18.38 | 9.46 | 16.98 |
| IDBI Focused 30 Equity Fund - Growth Regular | 13-11-2017 | -1.1 | 12.3 | 14.3 | 8.26 | - |
| UTI Focused Equity Fund - Regular Plan - Growth Option | 25-08-2021 | -1.14 | - | - | - | - |
Scheme Characteristics
A scheme focused on the number of stocks (maximum 30). Minimum investment in equity & equity related instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
9.01%
Others
0.73%
Large Cap
68.12%
Mid Cap
22.14%
Scheme Documents
There are no scheme documents available
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
