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))
Details as on April 30, 2023
<
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 IndexTier-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 30, 2023 8,530.13
Net AUM
(₹ Cr.)
8,655.95
Monthly Avg. Expense Ratio
(Including Statutory Levies)
as on April 30, 2023
Regular Plan: 1.74%
Direct Plan: 0.49%
**For experience of Fund Managers Click Here
NAV: Direct Regular
Growth ₹ 19.459 ₹ 18.360
IDCW ₹ 19.455 ₹ 18.364
Positions Increased
Stock
Insurance
Max Financial Services Limited
IT - Software
MphasiS Limited
Leisure Services
Sapphire Foods India Limited
Petroleum Products
Reliance Industries Limited
Retailing
FSN E-Commerce Ventures Limited
Positions Decreased
Stock
Aerospace & Defense
Bharat Electronics Limited
Auto Components
Sona BLW Precision Forgings Limited
Banks
HDFC Bank Limited
ICICI Bank Limited
Consumer Durables
Orient Electric Limited
Voltas Limited
Finance
Muthoot Finance Limited
SBI Cards and Payment Services Limited
Gas
Gujarat State Petronet Limited
Healthcare Services
Syngene International Limited
IT - Software
Infosys Limited
Pharmaceuticals & Biotechnology
Torrent Pharmaceuticals Limited
Retailing
Zomato Limited

Portfolio Holdings % Allocation
Banks
HDFC Bank Ltd
11.32%
ICICI Bank Ltd
7.57%
Axis Bank Ltd
5.54%
State Bank of India
3.17%
IT - Software
Infosys Ltd
7.31%
MphasiS Limited
2.11%
Petroleum Products
Reliance Industries Ltd
6.54%
Telecom - Services
Bharti Airtel Ltd
4.64%
Consumer Durables
Orient Electric Limited
2.71%
Voltas Ltd
1.56%
Retailing
FSN E-Commerce Ventures Limited
2.41%
Zomato Limited
1.72%
Finance
SBI Cards and Payment Services Limited
3.46%
Muthoot Finance Limited
0.28%
Automobiles
Maruti Suzuki India Ltd
3.63%
Pharmaceuticals & Biotechnology
Gland Pharma Limited
1.83%
Torrent Pharmaceuticals Ltd
1.72%
Auto Components
Sona BLW Precision Forgings Limited
3.29%
Healthcare Services
Syngene International Limited
3.22%
Leisure Services
Sapphire Foods India Limited
3.18%
Agricultural, Commercial & Construction Vehicles
Ashok Leyland Limited
3.12%
Insurance
Max Financial Services Ltd
2.83%
Financial Technology (Fintech)
One 97 Communications Limited
2.83%
Cement & Cement Products
JK Cement Limited
2.63%
Industrial Products
SKF India Limited
2.62%
Capital Markets
Indian Energy Exchange Ltd
2.45%
Gas
Gujarat State Petronet Limited
2.45%
Aerospace & Defense
Bharat Electronics Ltd
1.31%
Food Products
Britannia Industries Ltd
0.97%
Chemicals & Petrochemicals
Chemplast Sanmar Limited
0.74%
Equity Holding Total
99.16%
Cash & Other Receivables
0.84%
Total
100.00%

Growth of Rs. 10,000 invested at inception: 18,360

Returns (in%)
1 Yr 3 Yrs SI
MAFF
-1.58%
24.09%
16.59%
Scheme Benchmark* (Tier-1)
4.04%
25.17%
14.96%
Scheme Benchmark* (Tier-2)
4.20%
24.09%
14.23%
Additional Benchmark**
8.48%
23.36%
14.60%
NAV as on 28th April, 2023 ₹ 18.360
Index Value (28th April, 2023) Index Value of Scheme benchmark is 23,643.94 / 12,198.54 and S&P BSE Sensex (TRI) is 92,568.15
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.

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

Period Total Amount Invested Mkt Value as on
28-April-2023
SI
470,000
607,575
3 Yrs
360,000
419,250
1 Yr
120,000
120,089

Returns (%)
Period
SI
3yr
1yrs
Fund Return& (%)
13.22
10.22
0.14
Benchmark Return (Tier-1)& (%)
15.57
14.38
5.94
Benchmark Return (Tier-2)& (%)
14.94
13.85
5.82
Add. Benchmark Return& (%)
15.25
14.61
9.63

& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.

Volatility 14.68%
Beta: 0.88
R Squared 0.89
Sharpe Ratio#: 1.17
Information Ratio -0.21
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 April, 2023.^Basis last rolling 12 months.

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.