MIRAE ASSET
FOCUSED FUND - (MAFF)
(Focused Fund - 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))
| Type of Scheme | Focused Fund - 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) |
| Investment Objective | To generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies. There is no assurance that the investment objective of the Scheme will be realized. |
Fund Manager** |
Mr. Gaurav Misra (since inception) |
| Allotment Date | 14th May, 2019 |
| Benchmark Index | <Tier-1 - Nifty 500 (TRI) Tier-2 - Nifty 200 (TRI) |
| Minimum Investment Amount |
₹5,000/- and in multiples of ₹1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: ₹1,000/- (multiples of ₹1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option. |
| Load Structure | Entry load: NA Exit load: I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil. b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): •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 II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out): •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 |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option and IDCW^ Option (Payout & Re-investment) |
| Monthly Average AUM (₹ Cr.) as on November 30, 2021 | 8,140.83 |
| Net AUM (₹ Cr.) |
7,967.33 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on November 30, 2021 |
Regular Plan: 1.76% Direct Plan: 0.35% |
| **For experience of Fund Managers Click Here | |
| ^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021. | |
| NAV: | Direct | Regular |
| Growth | ₹ 20.446 | ₹ 19.635 |
| IDCW | ₹ 20.442 | ₹ 19.638 |
| Portfolio Turnover Ratio^ | 0.35 times |
@The Volatility, Beta, R Squared, Sharpe Ratio & Information Ratio are calculated on returns from last three years Monthly data points. # Risk free rate: FBIL OVERNIGHT MIBOR as on 30th November, 2021. ^Basis last rolling 12 months. |
|
| New Position Bought |
| Stock |
| Chemicals |
| Chemplast Sanmar Limited |
| Banks |
| State Bank of India |
| Positions Exited |
| Stock |
| Consumer Non Durables |
| Dabur India Limited |
| Pharmaceuticals |
| Dr. Reddy's Laboratories Limited |
| Positions Increased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Auto |
| Ashok Leyland Limited |
| Consumer Durables |
| Orient Electric Limited |
| Voltas Limited |
| Gas |
| Gujarat State Petronet Limited |
| Insurance |
| HDFC Life Insurance Company Limited |
| Pharmaceuticals |
| Torrent Pharmaceuticals Limited |
| Retailing |
| Zomato Limited |
| Positions Decreased |
| Stock |
| Auto Ancillaries |
| Sona BLW Precision Forgings Limited |
| Banks |
| ICICI Bank Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Cement & Cement Products |
| JK Cement Limited |
| Consumer Non Durables |
| Britannia Industries Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Software |
| Infosys Limited |
| MphasiS Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Portfolio Holdings | % Allocation | |
| Banks | ||
| ICICI Bank Ltd | 8.21% | |
| HDFC Bank Ltd | 8.03% | |
| State Bank of India | 4.74% | |
| Axis Bank Ltd | 4.33% | |
| Software | ||
| Infosys Ltd | 9.00% | |
| MphasiS Ltd | 2.81% | |
| Larsen & Toubro Infotech Ltd | 2.33% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 5.29% | |
| Hindustan Petroleum Corporation Ltd | 1.45% | |
| Consumer Durables | ||
| Voltas Ltd | 3.04% | |
| Orient Electric Ltd | 2.90% | |
| Insurance | ||
| Max Financial Services Ltd | 3.02% | |
| HDFC Life Insurance Company Ltd | 2.25% | |
| Pharmaceuticals | ||
| Torrent Pharmaceuticals Ltd | 2.50% | |
| Gland Pharma Ltd | 2.21% | |
| Auto | ||
| Ashok Leyland Ltd | 2.64% | |
| Maruti Suzuki India Ltd | 1.75% | |
| Auto Ancillaries | ||
| Sona BLW Precision Forgings Ltd | 4.31% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 3.62% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 3.17% | |
| Industrial Products | ||
| SKF India Ltd | 2.92% | |
| Gas | ||
| Gujarat State Petronet Ltd | 2.83% | |
| Cement & Cement Products | ||
| JK Cement Ltd | 2.76% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 2.72% | |
| Finance | ||
| Muthoot Finance Ltd | 2.32% | |
| Consumer Non Durables | ||
| Britannia Industries Ltd | 2.19% | |
| Healthcare Services | ||
| Syngene International Ltd | 2.11% | |
| Chemicals | ||
| Chemplast Sanmar Ltd | 1.36% | |
| Financial Technology (FINTECH) | ||
| One 97 Communications Ltd | 1.16% | |
| Retailing | ||
| Zomato Ltd | 1.14% | |
| Equity Holding Total | 99.13% | |
| Cash & Other Receivables | 0.87% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAFF | 44.62 |
30.28 |
||
| Scheme Benchmark* | 35.30 |
20.32 |
||
| Additional Benchmark** | 30.28 |
19.57 |
||
| NAV as on 30th November, 2021 | 19.635 |
|||
| Index Value (30th November, 2021) | Index Value of Scheme benchmark is 11,547.75 and S&P BSE Sensex (TRI) is 85,134.56 | |||
| Allotment Date | 14th May, 2019 | |||
| Scheme Benchmark | *Tier-1-Nifty 500 (TRI) Tier-2-Nifty 200 (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2. Fund manager : Mr. Gaurav Misra managing the scheme since May, 2019
| Period | Total Amount Invested | Mkt Value as on 30-November-2021 |
SI |
300,000 |
469,650 |
1 Yr |
120,000 |
142,846 |
Returns (%) |
Period |
|
SI |
1yr |
|
Fund Return& (%) |
38.58 |
37.14 |
Benchmark Return& (%) |
29.61 |
25.11 |
Add. Benchmark Return& (%) |
26.95 |
21.74 |
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
This product is suitable for investors who are seeking*
• To generate long term capital appreciation/income.
• Investment in a concentrated portfolio of equity & equity related instrument of up to 30 companies across large, mid and small cap category.
• Degree of risk – Very High
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 