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 August 31, 2022 | 8,930.34 |
| Net AUM (₹ Cr.) |
8,992.52 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on August 31, 2022 |
Regular Plan: 1.79% Direct Plan: 0.51% |
| **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 | ₹ 19.777 | ₹ 18.808 |
| IDCW^ | ₹ 19.772 | ₹ 18.812 |
| Volatility | 22.55% |
| Beta: | 0.95 |
| R Squared | 0.95 |
| Sharpe Ratio#: | 0.72 |
| Information Ratio | 0.15 |
| Portfolio Turnover Ratio | 0.31 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 August, 2022.^Basis last rolling 12 months. |
|
| New Position Bought |
| Stock |
| Automobiles |
| Maruti Suzuki India Limited |
| Positions Increased |
| Stock |
| Retailing |
| Zomato Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Auto Components |
| Sona BLW Precision Forgings Limited |
| Financial Technology (Fintech) |
| One 97 Communications Limited |
| Capital Markets |
| Indian Energy Exchange Limited |
| Consumer Durables |
| Orient Electric Limited |
| Healthcare Services |
| Syngene International Limited |
| Pharmaceuticals & Biotechnology |
| Gland Pharma Limited |
| Banks |
| Axis Bank Limited |
| HDFC Bank Limited |
| Positions Decreased |
| Stock |
| Banks |
| ICICI Bank Limited |
| State Bank of India |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Reliance Industries Limited |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Food Products |
| Britannia Industries Limited |
| Pharmaceuticals & Biotechnology |
| Torrent Pharmaceuticals Limited |
| Finance |
| Muthoot Finance Limited |
| Industrial Products |
| SKF India Limited |
| IT - Software |
| MphasiS Limited |
| Portfolio Holdings | % Allocation | |
| HDFC Bank Ltd | 0.09440818 | |
| HDFC Bank Ltd | 9.44% | |
| ICICI Bank Ltd | 8.29% | |
| Axis Bank Ltd | 4.92% | |
| State Bank of India | 3.75% | |
| Infosys Ltd | 0.07626028 | |
| Infosys Ltd | 7.63% | |
| MphasiS Limited | 1.78% | |
| Larsen & Toubro Infotech Limited | 1.48% | |
| Reliance Industries Ltd | 0.05487497 | |
| Reliance Industries Ltd | 5.49% | |
| Hindustan Petroleum Corporation Ltd | 2.08% | |
| SBI Cards and Payment Services Limited | 0.03464096 | |
| SBI Cards and Payment Services Limited | 3.46% | |
| Muthoot Finance Limited | 2.39% | |
| Gland Pharma Limited | 0.03063702 | |
| Gland Pharma Limited | 3.06% | |
| Torrent Pharmaceuticals Ltd | 2.15% | |
| Orient Electric Limited | 0.03121469 | |
| Orient Electric Limited | 3.12% | |
| Voltas Ltd | 1.98% | |
| Bharti Airtel Ltd | 0.04345875 | |
| Bharti Airtel Ltd | 4.35% | |
| SKF India Limited | 0.03280774 | |
| SKF India Limited | 3.28% | |
| Max Financial Services Ltd | 0.0290963 | |
| Max Financial Services Ltd | 2.91% | |
| Ashok Leyland Limited | 0.02646168 | |
| Ashok Leyland Limited | 2.65% | |
| Sona BLW Precision Forgings Limited | 0.02503231 | |
| Sona BLW Precision Forgings Limited | 2.50% | |
| Indian Energy Exchange Ltd | 0.02427796 | |
| Indian Energy Exchange Ltd | 2.43% | |
| JK Cement Limited | 0.02296765 | |
| JK Cement Limited | 2.30% | |
| Bharat Electronics Ltd | 0.02154715 | |
| Bharat Electronics Ltd | 2.15% | |
| Syngene International Limited | 0.020581 | |
| Syngene International Limited | 2.06% | |
| Gujarat State Petronet Limited | 0.02043941 | |
| Gujarat State Petronet Limited | 2.04% | |
| Maruti Suzuki India Ltd | 0.01706873 | |
| Maruti Suzuki India Ltd | 1.71% | |
| Britannia Industries Ltd | 0.01451027 | |
| Britannia Industries Ltd | 1.45% | |
| Zomato Limited | 0.0102302 | |
| Zomato Limited | 1.02% | |
| One 97 Communications Limited | 0.0094803 | |
| One 97 Communications Limited | 0.95% | |
| Chemplast Sanmar Limited | 0.00793405 | |
| Chemplast Sanmar Limited | 0.79% | |
| Equity Holding Total | 93.61% | |
| Cash & Other Receivables | 6.39% | |
| Total | 100.00% | |
| Returns (in%) | ||||
| 1 Yr | 3 Yrs | SI | ||
| MAFF | -0.54% |
21.57% |
21.13% |
|
| Scheme Benchmark* (Tier-1) | 6.68% |
20.83% |
18.36% |
|
| Scheme Benchmark* (Tier-2) | 6.54% |
19.90% |
17.52% |
|
| Additional Benchmark** | 4.80% |
18.16% |
16.70% |
|
| NAV as on 30th August, 2022 | ₹ 18.808 | |||
| Index Value (30th August, 2022) | Index Value of Scheme benchmark is 23,740.37 / 12,270.25 and S&P BSE Sensex (TRI) is 89,828.75 |
|||
| 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 30-August-2022 |
SI |
390,000 |
541,038 |
1 Yr |
360,000 |
487,787 |
3 Yrs |
120,000 |
118,637 |
Returns (%) |
Period |
||
SI |
1yr |
3yrs |
|
Fund Return& (%) |
20.65 |
20.81 |
-2.11 |
Benchmark Return (Tier-1)& (%) |
22.54 |
23.53 |
10.09 |
Benchmark Return (Tier-2)& (%) |
21.75 |
22.73 |
10.46 |
Add. Benchmark Return& (%) |
19.68 |
20.47 |
8.63 |
& 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