Can I invest in SIP and Lumpsum in Mirae Asset Focused Fund (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in Mirae Asset Focused Fund (IDCW). Minimum lumpsum investment Mirae Asset Focused Fund (IDCW) is ₹5,000 and minimum SIP amount is ₹99 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Mirae Asset Focused Fund (IDCW) Direct Growth?

The latest NAV (Net Asset Value) of Mirae Asset Focused Fund (IDCW) is Mirae Asset Focused Fund (IDCW) is ₹21.33 as on 2025-02-20.

Which are the biggest stock holdings of Mirae Asset Focused Fund (IDCW)?

The 5 biggest stock holdings of Mirae Asset Focused Fund (IDCW) are: HDFC Bank (9.42%), Infosys (8.90%), ICICI Bank (7.29%), Axis Bank (4.90%), One 97 (4.19%)

What are the top sectors Mirae Asset Focused Fund (IDCW) invests in?

A majority of Mirae Asset Focused Fund (IDCW) 's AUM worth ₹7,663.56 (Cr) is invested in these 3 top sectors: Banks : 21.61% IT-Software : 14.39% Retailing : 9.40%

Mutual Funds
Mirae Asset Focused Fund (IDCW)

Mirae Asset Focused Fund (IDCW)

Focused Fund

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NAV
21.33(0.07%)
Fund Size (CR)
₹7,663.56
Expense Ratio
1.76
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹99
Minimum Withdrawal
₹0
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
15.69%

Absolute Return: -6.04%

Annualized Return: 0%

Basic Details

Scheme Manager

Gaurav Misra

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	12 February 2025	9922.76	-0.77%	-	-0.87%	53/114
1 Month	17 January 2025	9520.40	-4.80%	-	-4.36%	73/114
3 Month	19 November 2024	9389.97	-6.10%	-	-6.10%	71/114
6 Month	19 August 2024	9467.57	-5.32%	-	-8.94%	18/114
1 Year	19 February 2024	10654.13	6.54%	6.54%	6.46%	63/114
3 Year	18 February 2022	12112.50	21.13%	6.60%	13.50%	95/102
5 Year	19 February 2020	19534.82	95.35%	14.33%	16.01%	59/82
Since Inception	14 May 2019	23201.50	132.01%	15.69%	15.34%	52/114

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 March 2024	1,20,000	125169.03	4.31%	4.31%
3 Year	2 March 2022	3,60,000	415950.53	15.54%	4.93%
5 Year	2 March 2020	6,00,000	818783.82	36.46%	6.42%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.53%

Standard Deviation

0.82%

Beta

0.05%

Sharpe Ratio

0.03%

Treynor's Ratio

-5.72%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	9.42%	4249085	721.81	Equity	Banks
Infosys	8.90%	3629882	682.35	Equity	IT - Software
ICICI Bank	7.29%	4461627	558.95	Equity	Banks
Axis Bank	4.90%	3806761	375.38	Equity	Banks
One 97	4.19%	4140321	321.19	Equity	E-Commerce/App based Aggregator
Bharti Airtel	4.05%	1909280	310.51	Equity	Telecomm-Service
Sapphire Foods	3.78%	10000283	289.61	Equity	Quick Service Restaurant
FSN E-Commerce	3.47%	15727950	265.65	Equity	E-Commerce/App based Aggregator
SKF India	3.33%	630376	254.91	Equity	Bearings
KPIT Technologi.	3.19%	1732934	244.21	Equity	IT - Software

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Invesco India Focused Fund - Dir (IDCW)	3360.52	-5.27%	-7.57%	-6.58%	15.23%	20.05%
Invesco India Focused Fund - Dir (G)	3360.52	-5.41%	-7.71%	-6.69%	15.09%	19.99%
HDFC Focused 30 Fund - Direct (IDCW)	15687.54	-0.54%	-2.38%	-1.28%	14.88%	23.97%
HDFC Focused 30 Fund - Direct (G)	15687.54	-0.56%	-2.40%	-1.30%	14.86%	23.96%
SBI Focused Equity Fund - Direct (G)	34678.00	-1.36%	-1.13%	-1.43%	14.56%	12.33%

News

Mirae Asset MF announces change in Fund Manager of the following schemes

Mirae Asset Mutual Fund has announced change in Fund Manager of the following schemes with effect from: 14 February, 2025

Change in Fund Manager of the Schemes:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
Mirae Asset Arbitrage Fund	Mr. Jignesh Rao (Equity Portion) Mr. Jigar Sethia (Equity Portion) Mr. Abhishek Iyer (Debt Portion)	Mr. Jignesh Rao (Equity Portion) Mr. Jigar Sethia (Equity Portion) Mr. Amit Modani (Debt Portion)
Mirae Asset Multi Asset Allocation Fund	Mr. Harshad Borawake (Equity Portion) Mr. Amit Modani (Debt Portion) Mr. Siddharth Srivastava (Overseas Investments) Mr. Ritesh Patel (Commodity Investments)	Mr. Harshad Borawake (Equity Portion) Mr. Basant Bafna (Debt Portion) Mr. Siddharth Srivastava (Overseas Investments) Mr. Ritesh Patel (Commodity Investments)

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Mirae Asset MF announces change in Fund Manager of the following schemes

Mirae Asset Mutual Fund has announced change in Fund Manager of the following scheme with effect from: 05 February, 2025

Change in Fund Manager of the Scheme:

Scheme Name	Existing Fund Manager(s)	Proposed Fund Manager
Mirae Asset Liquid Fund (Formerly known as Mirae Asset Cash Management Fund)	Mr. Amit Modani & Mr. Abhishek Iyer	Mr. Amit Modani
Mirae Asset Overnight Fund	Mr. Abhishek Iyer	Mr. Amit Modani
Mirae Asset Corporate Bond Fund	Mr. Amit Modani	Ms. Kruti Chheta

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Mirae Asset Mutual Fund announces change in Key Personnel
Mirae Asset Mutual Fund has announced that Ms. Rimmi Jain has been appointed as a Head ' Compliance on the Board of Mirae Asset Company Ltd. With effect from 01 January 2025
Details of Ms. Rimmi Jain,
Age: 37 years
Designation: Head ' Compliance,
Qualification: Bachelor of Commerce, ACS and LLB
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Fund House Details & Investment Objective

Date of Incorporation

23 April 2019

Total AUM (Cr)

₹7663.56

Mirae Asset Focused Fund (IDCW) is an Focused Fund-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 23 April 2019, this fund is managed by Gaurav Misra. With assets under management (AUM) worth ₹7,663.56 (Cr), as of 20 February 2025, Mirae Asset Focused Fund (IDCW) is categorized as a Focused Fund within its segment. The fund has generated a return of 15.69% since its launch.
The current NAV of Mirae Asset Focused Fund (IDCW) is ₹21.33, as on 20 February 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in Mirae Asset Focused Fund (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹99 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed within 1 year (365 days) from the date of allotment: 1% If redeemed after 1 year (365 days) from the date of allotment: Nil The fund has generated 6.60% and 14.33% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 96.11% in Equity, 4.10% in Debt and -0.21% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 21.61% in Banks, 14.39% in IT-Software, 9.40% in Retailing, 5.63% in Industrial Products, 4.19% in Financial Technology (Fin

FAQs

How to Invest in Mirae Asset Focused Fund (IDCW) Direct Growth?

Mirae Asset Focused Fund (IDCW) is a popular fund in the Focused Fund segment. The fund has generated a return of 15.69% since inception. Looking to invest in Mirae Asset Focused Fund (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Focused Fund (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Mirae Asset Focused Fund (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset Focused Fund (IDCW) today and reap the benefits of this Focused Fund fund!

How much returns has Mirae Asset Focused Fund (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Mirae Asset Focused Fund (IDCW) has generated annualised return of 6.54%. In the long-term, the fund has generated 6.60% and 14.33% in 3 and 5 years respectively. Since its inception, the fund has generated 15.69% returns.

What is the expense ratio of Mirae Asset Focused Fund (IDCW) Direct Growth?

The expense ratio of Mirae Asset Focused Fund (IDCW) Direct Growth is 1.76%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Mirae Asset Focused Fund (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Mirae Asset Focused Fund (IDCW) is ₹7,663.56 (Cr) as of 2025-02-20 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mirae Asset Focused Fund (IDCW) Direct Growth?

Redeeming or selling units of Mirae Asset Focused Fund (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mirae Asset Focused Fund (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Mirae Asset Focused Fund (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).