3 Year return
10.43%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹8286.63 Cr.
Expense Ratio
0.59% (inclusive of GST)
Exit Load
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
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Mirae Asset Mutual Fund Managers
GM
Gaurav Misra
Fund Manager since Apr 2019
Fund House Details
Mirae Asset Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
HDFC Focused 30 Fund |
26.71% |
3.5 |
ICICI Prudential Focused Equity Fund |
22.97% |
3.5 |
Quant Focused Fund |
18.31% |
3 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct Growth
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct IDCW Payout
About Mirae Asset Focused Fund Direct IDCW Payout
Mirae Asset Focused Fund Direct IDCW Payout is a focused equity fund managed by Mirae Asset Mutual Fund. A focused equity fund is a type of equity fund that invests in a smaller number of stocks than a large-cap or mid-cap fund. This allows the fund manager to focus on a select group of companies that they believe have the potential to deliver high returns. Mirae Asset Focused Fund Direct IDCW Payout is an open-ended fund, meaning you can buy and sell units on any business day. The fund has a lower expense ratio than the category average. The fund comes with IDCW and payout options, which enable the transfer of dividends and capital gains to the shareholders in the scheme.
Investment Objective of the Scheme
The investment objective of Mirae Asset Focused Fund Direct IDCW Payout is to provide long-term capital appreciation by investing in a diversified portfolio of equity securities of focused companies. The fund's asset allocation can vary depending on the market conditions.
Key Features of The Fund
5-year return | 19.2% |
Expense Ratio | 0.59% |
Fund Manager | Gaurav Misra |
Fund Size | ₹8286.63 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
Mirae Asset Focused Fund Direct IDCW Payout is a good option for investors who want to invest in a focused portfolio of equity securities. This fund is suitable for investors looking for long-term growth and comfortable with the market volatility risk. The fund may not be suitable for investors who are looking for a low-risk investment. However, it is important to remember that all investments carry some risk.
AMC Contact Details
Name | Mirae Asset Mutual Fund |
Launch Date | November 2007 |
Addresss | Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098. |
Contact | 1800-2090-777 |
customercare@miraeasset.com | |
Website | https://www.miraeassetmf.co.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Mirae Asset Focused Fund Direct IDCW Payout?
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What are the returns of Mirae Asset Focused Fund Direct IDCW Payout since inception?
What is the minimum SIP amount to invest in Mirae Asset Focused Fund Direct IDCW Payout?
How do I invest in Mirae Asset Focused Fund Direct IDCW Payout?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Mirae Asset Focused Fund Direct IDCW Payout?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Mirae Asset Focused Fund Direct IDCW Payout?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Mirae Asset Focused Fund Direct IDCW Payout?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.