Mirae Asset Focused Fund
NAV
₹28.19
as of 21 Aug 2026
Mirae Asset Focused Fund is an open-ended Focused Fund scheme from Mirae Asset Mutual Fund managing ₹6,576 crore (as of 30 Jun 2026). Its Direct-plan NAV is ₹28.19 as of 21 Aug 2026. The expense ratio is 0.55% a year. Managed by Gaurav Misra. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.55% / yr
- as of 30 Jun 2026
- Fund size
- ₹6,576 crore
- as of 30 Jun 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 14 May 2019
- ISIN
- INF769K01EU0
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY 500 Index
Mirae Asset Focused Fund
₹149
+49% on ₹100 over 5.0 yrs
Focused Fund average
₹187
+87% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 8.76% | 7.55% | +1.21 |
| 6 months | 4.72% | 3.19% | +1.53 |
| 1 year | -0.59% | 5.31% | -5.90 |
| 3 years (CAGR) | 9.25% | 15.11% | -5.86 |
| 5 years (CAGR) | 8.35% | 12.87% | -4.52 |
Category average across 26 funds, as of 20 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -7.3%
- Median
- 6.2%
- Best
- 30.7%
49 windows over the last 60 months, stepped monthly; 74% ended positive. Worst window began 2 Jun 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 7.3%
- Median
- 10.7%
- Best
- 15.9%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Mar 2022. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.17
- Sharpe ratio (5Y)
- 0.20
- Sortino ratio (3Y)
- 0.23 vs category 0.69
- Standard deviation (3Y)
- 15.49%
- Beta (3Y)
- 0.95
- Alpha (3Y)
- -3.29%
- Deepest fall (5Y)
- -20.06%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-20.1%
Right now
-3.0% below peak
Ahead of its benchmark in 47% of months (window: 3y, monthly) — benchmark: NIFTY 500 Index, name shown only.
Where the money actually is
Equity
97.5%
Bonds
0.1%
Cash
2.4%
Whole-portfolio split, as of 30 Jun 2026.
What it owns
33 positions · top 10 = 51.5%
Market-cap mix
Large 51.5%Mid 17.0%Small 29.0%Other 2.5%
as of 30 Jun 2026
Holdings by sector
Financial Services(2 in top 10)28.9%
- HDFC Bank Ltd9.46%
- ICICI Bank Ltd8.79%
Consumer Cyclical(3 in top 10)21.0%
- Maruti Suzuki India Ltd4.10%
- Eternal Ltd3.74%
- Arvind Fashions Ltd3.22%
Technology(2 in top 10)10.5%
- One97 Communications Ltd4.55%
- Infosys Ltd3.96%
Industrials(1 in top 10)6.7%
- SKF India (Industrial) Ltd3.70%
Energy(1 in top 10)6.1%
- Reliance Industries Ltd4.42%
Communication Services(1 in top 10)5.6%
- Bharti Airtel Ltd5.61%
- Basic Materials5.4%
- Healthcare5.0%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 35.3% vs category 45.6% a year.
The businesses it owns
- P/E (trailing)
- 28.7 vs category 27.1
- P/B
- 3.6 vs category 3.6
- Dividend yield
- 1.1% vs category 1.1%
- Net margin
- 14.1% vs category 16.8%
- Earnings growth
- 19.6%
- Avg market cap
- ₹1.35 lakh crore
The debt it holds (debt sleeve)
- Yield to maturity
- 6.74%
- Modified duration
- 0.56 yrs
- Average maturity
- 0.59 yrs
- Government securities
- 0.1%
Credit quality
- AAA
- 100.0%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.
Portfolio characteristics as of 30 Jun 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- −₹896 cr
- Net flow, 3 months
- −₹371 cr
as of 30 Jun 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Mirae Asset Focused Fund?
- ₹28.19 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Mirae Asset Focused Fund?
- 0.55% a year for the Direct plan, as of 30 Jun 2026.
- How large is Mirae Asset Focused Fund?
- ₹6,576 crore under management as of 30 Jun 2026, in the Focused Fund category.
- How risky is Mirae Asset Focused Fund?
- Its SEBI Riskometer reading is "Very High Risk". Style bets: out-of-favour companies, steady payers, concentrated conviction.
- What are the 5-year returns of Mirae Asset Focused Fund?
- 8.35% a year over the last 5 years (Direct plan, CAGR), against a Focused Fund average of 12.87%. Past returns do not predict future returns.
- What is the worst 3-year return of Mirae Asset Focused Fund?
- 7.3% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Mar 2022. The median was 10.7% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Mirae Asset Focused Fund?
- Gaurav Misra, managing this fund for 7.2 years.
Where this fund sits
Its shelf, all funds
Vl · Value, dividend & focused →
Style bets: out-of-favour companies, steady payers, concentrated conviction.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Focused Fund funds
- SBI FOCUSED FUND₹50,041 crore
- HDFC Focused Fund₹27,925 crore
- ICICI Prudential Focused Equity Fund₹17,764 crore
- Franklin India Focused Equity Fund₹11,510 crore
- Aditya Birla Sun Life Focused Fund₹8,017 crore
- 360 ONE Focused Fund₹6,698 crore
- Invesco India Focused Fund₹6,065 crore
- Kotak Focused Fund₹4,457 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 500 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.