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 January 31, 2022 | 8,415.17 |
| Net AUM (₹ Cr.) |
8,302.04 |
| Monthly Avg. Expense Ratio (Including Statutory Levies) as on January 31, 2022 |
Regular Plan: 1.80% Direct Plan: 0.46% |
| **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 | ₹ 20.538 | ₹ 19.677 |
| IDCW | ₹ 20.534 | ₹ 19.679 |
| Portfolio Turnover Ratio^ | 0.33 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 31st January, 2022. ^Basis last rolling 12 months. |
|
| Positions Increased |
| Stock |
| Consumer Durables |
| Orient Electric Limited |
| Insurance |
| Max Financial Services Limited |
| Software |
| Infosys Limited |
| MphasiS Limited |
| Larsen & Toubro Infotech Limited |
| Petroleum Products |
| Hindustan Petroleum Corporation Limited |
| Finance |
| Muthoot Finance Limited |
| Pharmaceuticals |
| Gland Pharma Limited |
| Positions Decreased |
| Stock |
| Banks |
| State Bank of India |
| ICICI Bank Limited |
| Auto Ancillaries |
| Sona BLW Precision Forgings Limited |
| Auto |
| Maruti Suzuki India Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Aerospace & Defense |
| Bharat Electronics Limited |
| Healthcare Services |
| Syngene International Limited |
| Portfolio Holdings | % Allocation | |
| Banks | ||
| ICICI Bank Ltd | 9.09% | |
| HDFC Bank Ltd | 7.49% | |
| State Bank of India | 5.47% | |
| Axis Bank Ltd | 4.90% | |
| Software | ||
| Infosys Ltd | 9.50% | |
| MphasiS Limited | 3.21% | |
| Larsen & Toubro Infotech Limited | 2.00% | |
| Petroleum Products | ||
| Reliance Industries Ltd* | 5.03% | |
| Hindustan Petroleum Corporation Ltd | 1.85% | |
| Consumer Durables | ||
| Voltas Ltd | 2.88% | |
| Orient Electric Limited | 2.64% | |
| Insurance | ||
| Max Financial Services Ltd | 3.53% | |
| HDFC Life Insurance Company Ltd | 1.98% | |
| Pharmaceuticals | ||
| Gland Pharma Limited | 2.40% | |
| Torrent Pharmaceuticals Ltd | 1.99% | |
| Auto | ||
| Ashok Leyland Limited | 2.87% | |
| Maruti Suzuki India Ltd | 1.33% | |
| Telecom - Services | ||
| Bharti Airtel Ltd | 3.42% | |
| Auto Ancillaries | ||
| Sona BLW Precision Forgings Limited | 3.20% | |
| Aerospace & Defense | ||
| Bharat Electronics Ltd | 3.11% | |
| Finance | ||
| Muthoot Finance Limited | 2.73% | |
| Cement & Cement Products | ||
| JK Cement Limited | 2.71% | |
| Gas | ||
| Gujarat State Petronet Limited | 2.66% | |
| Industrial Products | ||
| SKF India Limited | 2.60% | |
| Capital Markets | ||
| Indian Energy Exchange Ltd | 2.38% | |
| Consumer Non Durables | ||
| Britannia Industries Ltd | 2.37% | |
| Healthcare Services | ||
| Syngene International Limited | 1.94% | |
| Chemicals | ||
| Chemplast Sanmar Limited | 1.26% | |
| Financial Technology (FINTECH) | ||
| One 97 Communications Limited | 0.86% | |
| Retailing | ||
| Zomato Limited | 0.69% | |
| Equity Holding Total | 98.10% | |
| Cash & Other Receivables | 1.90% | |
| Total | 100.00% | |
*Includes "Partly Paid Shares"
| Returns (in%) | ||||
| 1 Yr | SI | |||
| MAFF | 37.41 |
28.25 |
||
| Scheme Benchmark* (Tier-1) | 33.23 |
20.76 |
||
| Scheme Benchmark* (Tier-2) | 30.95 |
19.70 |
||
| Additional Benchmark** | 26.45 |
18.98 |
||
| NAV as on 31st January, 2022 | 19.677 | |||
| Index Value (31st January, 2022) | Index Value of Scheme benchmark is 22,881.58 / 11,748.79 and S&P BSE Sensex (TRI) is 86,594.54 | |||
| 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 31-January-2022 |
SI |
320,000 |
491,728 |
1 Yr |
120,000 |
134,880 |
Returns (%) |
Period |
|
SI |
1yr |
|
Fund Return& (%) |
34.16 |
23.71 |
Benchmark Return (Tier-1)& (%) |
29.31 |
20.12 |
Benchmark Return (Tier-2)& (%) |
27.58 |
18.48 |
Add. Benchmark Return& (%) |
25.22 |
16.78 |
& 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 