Investment Objective and Approach

The Mirae Asset Focused Fund is an open ended equity scheme investing in a maximum of 30 stocks intending to focus in large cap, mid cap and small cap category (i.e., Multi-cap). The fund follows a concentrated investment approach, limiting its portfolio to a maximum of 30 carefully selected stocks.

Key Investment Features:

- Focused approach on investments limited to maximum of 30 stocks

- Flexibility to invest across market capitalization (Large, Mid and Small Cap) – Multi cap approach of investments

- Aims to build a portfolio of strong growth companies, reflecting our most attractive investment ideas

- Aims to create a robust portfolio to avoid concentration risk and liquidity risk

The fund's investment strategy focuses on establishing a portfolio of high-growth companies that reflect the most compelling investment ideas while seeking to build a strong portfolio to prevent concentration and liquidity risk.

Current Fund Metrics (as of August 18, 2025):

- Latest NAV: ₹27.89

- AUM: ₹8,017.36 Cr

- Expense Ratio: 0.57%

- Minimum SIP Amount: ₹99

Fund Manager

Gaurav Misra is the fund manager of Mirae Asset Focused Fund. He brings extensive experience to the fund management:

- Over 23 years of experience in investment management and equity research functions

- His experience in investment management and equity research spans over 24 years

- Educational qualifications: BA Economics (Hons.) and MBA from IIM Lucknow

- Previous experience: Previously worked as Senior Portfolio Manager with ASK Investment Managers Limited

- Total AUM managed: ₹47,992.67 Cr

About the Fund House (AMC)

Mirae Asset Mutual Fund is part of the globally renowned Mirae Asset Financial Group, which is one of the key players in the Asian financial market. The asset management wing, Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.

Company Overview:

- Based in Seoul, South Korea, Mirae Asset Financial Group plays a pivotal role in the Asian financial market

- Mirae Asset Mutual Fund has its presence in 14 countries spread across 5 continents

- The Indian branch was inaugurated in November 2007, with domestic operations commencing in 2008

India Operations Performance:

- Total AUM (January 2024): Rs. 1,63,996 crore by the end of January 2024

- Over 61 lakh folios and a monthly SIP book of Rs. 879 crore

- 22 branches across the country

- 54 primary mutual fund schemes as of Dec 2023, including 32 equity schemes, 15 debt schemes, 5 hybrid schemes, and 2 other schemes

Growth trajectory: Recognised as one of the fastest-growing AMCs in India, increasing from 51,304 folios in 2013 to over 11 Lakh in 2018 within just a five-year period.

Should I Invest in Mirae Asset Focused Fund?

The Mirae Asset Focused Fund is suitable for investors with specific risk and return profiles:

Ideal for:

- Investors looking at long-term investments for a span of 5+ years

- Those with risk tolerance and patience to seek returns in the long term

- Investors wanting a focused portfolio of equities from up to 30 firms across large, mid, and small company categories

- Those expecting gains that comfortably beat the inflation rate as well as returns from fixed income options when investing for five years or more

Risk Considerations:

- Focused funds invest in less than 30 companies to have a concentrated portfolio and are relatively high risky because of lack of diversification

- The fund is rated Very High risk

- Be prepared for ups and downs in your investment value along the way

Important Warning: Do not invest in this fund if you need to redeem your investment in less than five years.

The fund's flexi-cap nature gives the fund management team complete freedom to invest in companies of different sizes, making it suitable for equity fund investors as the job of stock selection is left completely to the fund manager. It's advisable to evaluate your individual financial objectives before investing in any plan.

FAQs

What is today's NAV of Mirae Asset Focused Fund?

The latest NAV of Mirae Asset Focused Fund is ₹27.89 as of August 18, 2025. NAV is updated daily based on market movements.

What is the AUM of Mirae Asset Focused Fund?

The AUM (Assets Under Management) of Mirae Asset Focused Fund is ₹8,017.36 Cr as of August 18, 2025.

What is the expense ratio of Mirae Asset Focused Fund?

The expense ratio of Mirae Asset Focused Fund is 0.57% as of August 18, 2025. This is the annual fee charged for fund management.

What are the returns of Mirae Asset Focused Fund since inception?

The fund has delivered a CAGR of 20.35% since inception. The fund was launched on May 14, 2019.

What is the minimum SIP amount to invest in Mirae Asset Focused Fund?

The minimum SIP amount for Mirae Asset Focused Fund is ₹99. This allows investors to start with small monthly investments.

How do I invest in Mirae Asset Focused Fund?

You can invest in Mirae Asset Focused Fund through Allvest's platform. Simply create an account, complete KYC verification, search for the fund, and choose between SIP or lump sum investment options.

How to start a SIP in Mirae Asset Focused Fund?

To start a SIP through Allvest, log into your account, select the fund, choose "SIP" option, set your monthly amount and date, and complete the setup process for automatic investments.

How do I automate an SIP in Mirae Asset Focused Fund?

Use the Auto-Invest feature which allows you to set up automatic investments at regular intervals. Once configured, your chosen amount will be invested automatically, ensuring consistent contributions without manual intervention.

How can I withdraw/redeem my investment in Mirae Asset Focused Fund?

You can redeem your investment through Allvest's platform by logging into your account, navigating to your portfolio, selecting the fund, and placing a redemption request. Note the exit load of 1% if redeemed within one year.