Mirae Asset Focused Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- 5-Year CAGR of 5.09% demonstrates steady long-term compounding.
- Experienced a maximum drawdown of -38.4% during severe market crashes.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +8.65% | +7.77% | +0.88% |
| 3 Months | +4.07% | +0.86% | +3.21% |
| 6 Months | +14.02% | +7.95% | +6.07% |
| 1 Year | +0.89% | +3.65% | -2.76% |
| 3 Years CAGR | +9.44% | +12.71% | -3.27% |
| 5 Years CAGR | +5.09% | +10.23% | -5.14% |
| 7 Years CAGR | +12.46% | +13.92% | -1.46% |
| Since Inception | +13.88% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Mirae Asset Focused Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +1.45% | +3.13% | -1.68% |
| 2025 | +2.45% | +2.93% | -0.48% |
| 2024 | +16.20% | +17.15% | -0.95% |
| 2023 | +17.20% | +28.21% | -11.01% |
| 2022 | -6.80% | -0.40% | -6.40% |
| 2021 | +39.56% | +34.23% | +5.33% |
| 2020 | +21.23% | +16.09% | +5.14% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -16.97% | +15.31% | +10.15% | +111.51% | 75.1% | 39.9% |
| 3-Year Rolling | +3.96% | +13.40% | +11.70% | +33.32% | 100.0% | 9.6% |
| 5-Year Rolling | +3.28% | +14.02% | +16.03% | +25.68% | 100.0% | 0.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2020-01-24 | 2020-03-23 | -38.4% | 2 months | 6 months |
| 2024-09-26 | 2026-03-31 | -22.1% | 18 months | Not yet recovered |
| 2021-10-18 | 2022-06-20 | -20.4% | 8 months | 15 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Indian equities and equity related securities$*: 65% to 100% Money market instruments and other liquid instruments^/ Units issued by InVITs/Units of Domestic Mutual Fund: 0% to 35% ^Other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, repo on Government securities and any other instruments as specified by the SEBI. @The scheme may invest in the units of Overnight Fund, Money Market Fund & Liquid Fund (including Liquid ETFs) of Domestic Mutual Fund. | Per Scheme Mandate |
Investment Objective & Strategy
To generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies/Entities. There is no assurance that the investment objective of the Scheme will be realized.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 6,780 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Focused schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Focused Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| JM Focused Fund | 2.2 | +11.02% | 2.85% | 114.6% | Rs 285 cr | Compare → |
| LIC MF Focused Fund | 2.2 | +9.33% | 3.38% | 100.5% | Rs 175 cr | Compare → |
| Axis Focused Fund | 3.8 | +10.60% | 1.89% | 105.5% | Rs 11,120 cr | Compare → |
| Tata Focused Fund | 2.9 | +8.74% | 2.27% | 94.5% | Rs 1,733 cr | Compare → |
| UTI Focused Fund 30 stocks | 4.1 | +10.80% | 2.22% | 99.0% | Rs 2,525 cr | Compare → |
Frequently Asked Questions about Mirae Asset Focused Fund
What is the expense ratio of Mirae Asset Focused Fund?
Mirae Asset Focused Fund has a total expense ratio (TER) of 2.14% with a base expense ratio of 1.55%, compared to the Focused category median of 2.24%.
Who manages Mirae Asset Focused Fund?
Mirae Asset Focused Fund is managed by Gaurav Misra (tenure: 7.5 years since 2019-05-14).
What are the historical returns of Mirae Asset Focused Fund?
Mirae Asset Focused Fund delivered a 3-year CAGR of 9.44% and a 5-year CAGR of 5.09%. Its 1-year return stands at +0.89%.
How large is Mirae Asset Focused Fund?
Mirae Asset Focused Fund manages assets of Rs 6,780 cr, placing it in the 'comfortable' size band relative to Focused peers.
How is Mirae Asset Focused Fund scored on MFIQ?
Mirae Asset Focused Fund holds an MFIQ Score of 3.3/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Mirae Asset Focused Fund?
Mirae Asset Focused Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 13.62% with a maximum historical drawdown of -38.37%.