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 April 29, 2022 | 8,578.35 |
| Net AUM (₹ Cr.) |
8,415.21 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on April 29, 2022 |
Regular Plan: 1.75% Direct Plan: 0.52% |
| **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 | ₹ 19.530 | ₹ 18.654 |
| IDCW | ₹ 19.526 | ₹ 18.656 |
| Portfolio Turnover Ratio | 0.32 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 29th April, 2022. ^Basis last rolling 12 months. |
|
| New Position Bought |
| Stock |
| Finance |
| SBI Cards and Payment Services Limited |
| Positions Exited |
| Stock |
| Auto |
| Maruti Suzuki India Limited |
| Positions Increased |
| Stock |
| Banks |
| HDFC Bank Limited |
| IT - Software |
| Infosys Limited |
| Larsen & Toubro Infotech Limited |
| Consumer Durables |
| Orient Electric Limited |
| Food Products |
| Britannia Industries Limited |
| Gas |
| Gujarat State Petronet Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Positions Decreased |
| Stock |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Agricultural, Commercial & Construction Vehicles |
| Ashok Leyland Limited |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Banks |
| ICICI Bank Limited |
| State Bank of India |
| Axis Bank Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Chemicals & Petrochemicals |
| Chemplast Sanmar Limited |
| Consumer Durables |
| Voltas Limited |
| Healthcare Services |
| Syngene International Limited |
| Insurance |
| HDFC Life Insurance Company Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Portfolio Holdings | % Allocation | |
| Banks | ||
| HDFC Bank Ltd | 8.65% | |
| ICICI Bank Ltd | 8.42% | |
| State Bank of India | 4.19% | |
| Axis Bank Ltd | 4.09% | |
| IT - Software | ||
| Infosys Ltd | 8.26% | |
| MphasiS Ltd | 2.54% | |
| Larsen & Toubro Infotech Ltd | 1.65% | |
| Petroleum Products | ||
| Reliance Industries Ltd | 5.49% | |
| Hindustan Petroleum Corporation Ltd | 2.23% | |
| Finance | ||
| Muthoot Finance Ltd | 2.87% | |
| SBI Cards and Payment Services Ltd | 2.72% | |
| Consumer Durables | ||
| Orient Electric Ltd | 2.87% | |
| Voltas Ltd | 2.55% | |
| Pharmaceuticals & Biotechnology | ||
| Gland Pharma Ltd | 3.02% | |
| Torrent Pharmaceuticals Ltd | 2.13% | |
| Insurance | ||
| Max Financial Services Ltd | 2.86% | |
| HDFC Life Insurance Company Ltd | 1.99% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 3.41% | |
| Agricultural, Commercial & Construction Vehicles | ||
| Ashok Leyland Ltd | 3.10% | |
| Auto Components | ||
| Sona BLW Precision Forgings Ltd | 2.94% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 2.82% | |
| Food Products | ||
| Britannia Industries Ltd | 2.68% | |
| Industrial Products | ||
| SKF India Ltd | 2.58% | |
| Cement & Cement Products | ||
| JK Cement Ltd | 2.39% | |
| Gas | ||
| Gujarat State Petronet Ltd | 2.36% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 2.22% | |
| Chemicals & Petrochemicals | ||
| Chemplast Sanmar Ltd | 1.19% | |
| Healthcare Services | ||
| Syngene International Ltd | 1.02% | |
| Retailing | ||
| Zomato Ltd | 0.60% | |
| Financial Technology (Fintech) | ||
| One 97 Communications Ltd | 0.54% | |
| Equity Holding Total | 94.39% | |
| Cash & Other Receivables | 5.61% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAFF | 19.29% |
23.46% |
||
| Scheme Benchmark* (Tier-1) | 20.87% |
18.89% |
||
| Scheme Benchmark* (Tier-2) | 20.07% |
17.82% |
||
| Additional Benchmark** | 18.19% |
16.73% |
||
| NAV as on 29th April, 2022 | 18.654 | |||
| Index Value (29th April, 2022) | Index Value of Scheme benchmark is 22,726.01 / 11,707.12 and S&P BSE Sensex (TRI) is 85,330.82 | |||
| Allotment Date | 14th May, 2019 | |||
| Scheme Benchmark | *Tier-1-Nifty 500 (TRI) Tier-2-Nifty 200 (TRI) | |||
| Additional Benchmark | **S&P BSE Sensex (TRI) | |||
Fund manager : Mr. Gaurav Misra managing the scheme since May, 2019
Note: Returns below or for 1 year are absolute returns, returns above 1 year are CAGR- Compounded Annualized Growth returns.
| Period | Total Amount Invested | Mkt Value as on 29-April-2022 |
SI |
350,000 |
495,293 |
1 Yr |
120,000 |
120,654 |
Returns (%) |
Period |
|
SI |
1yr |
|
Fund Return& (%) |
24.76 |
1.03 |
Benchmark Return (Tier-1)& (%) |
24.18 |
7.65 |
Benchmark Return (Tier-2)& (%) |
22.96 |
7.39 |
Add. Benchmark Return& (%) |
20.15 |
5.00 |
& 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.
*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 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option