Mirae Asset Focused Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 23.53 | 12.8 | N/A | N/A |
Average Rolling Returns(%) | 24.40 | 21.24 | N/A | N/A |
The Current NAV of Mirae Asset Focused Fund - Growth - Direct Plan is ₹23.66.
It is better to invest in a fund with a longer track record as Mirae Asset Focused Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 200 returns, as Funds portfolio is significantly different.
Mirae Asset Focused Fund - Growth - Direct Plan fund’s expense ratio is 0.61%
The process for redemption is
The AUM of Mirae Asset Focused Fund - Growth - Direct Plan is currently ₹8,425 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and Infosys and account for 26% of its portfolio. Top 5 and 10 stocks of fund account for 37% and 56% of fund’s portfolio respectively.
Top three sectors of Mirae Asset Focused Fund - Growth - Direct Plan fund are BFSI, IT and Oil & Gas accounting for 55% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Focused Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Mirae Asset Focused Fund - Growth - Direct Plan Fund is Equity - Focused Fund.
Gaurav Misra manages the Mirae Asset Focused Fund - Growth - Direct Plan Fund.
Mirae Asset Focused Fund - Growth - Direct Plan current PE ratio is 37.65 and PB ratio is 6.62
The asset allocation of Mirae Asset Focused Fund - Growth - Direct Plan is Stocks : 99.54%, Debt : 0.44% and Gold : 0%
The minimum SIP amount for Mirae Asset Focused Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for Mirae Asset Focused Fund - Growth - Direct Plan is 1% on or before 1 year(365 days), Nil after 1 year(365 days)