Mirae Asset Focused Fund Overview
Category Multi Cap Fund
BMSMONEY Rank 10
BMSMONEY Rating
Growth Option As On: 23-04-2024
NAV ₹22.07 (R) +0.33% ₹23.67 (D) +0.33%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 22.63% 12.37% -% -% -%
LumpSum Dir. P 24.07% 13.8% -% -% -%
SIP Reg. P 16.48% 8.35% -% -% -%
SIP Dir. P 17.87% 9.67% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.28 0.15 0.46 -2.94% 0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
11.51% -14.44% -13.98% 0.78 8.24%

NAV Date: 23-04-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Focused Fund Regular IDCW 20.29
0.0700
0.3300%
Mirae Asset Focused Fund Direct IDCW 21.77
0.0700
0.3300%
Mirae Asset Focused Fund Regular Plan Growth 22.07
0.0700
0.3300%
Mirae Asset Focused Fund Direct Plan Growth 23.67
0.0800
0.3300%

Review Date: March 28, 2024

The fund has historical rank of eighth in Multi Cap Fund category. Additionally, the fund has two performance parameters that are in the top quartile in the category and two parameters above average and below the top quartile.
Our ranking methodology employs a composite performance score, taking into account the fund's return, risk, and risk-adjusted performance from the past three years. This composite performance score is then crucial in ranking the funds within the respective category.

The Mirae Asset Focused Fund has poor return performance, as all 1 year and above return parameters are below average in Multi Cap Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Mirae Asset Focused Fund has given return of -1.0% in last one month which is very poor as it is in the fourth quartile in Multi Cap Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Mirae Asset Focused Fund has given return of -0.43% in last three month which is very poor as it is in the fourth quartile in Multi Cap Fund.
  3. 1 Year Return%: The Mirae Asset Focused Fund has given return of 24.03% in last one year which is very poor as it is in the fourth quartile in Multi Cap Fund. The one year return rank of Mirae Asset Focused Fund is 16 in 16 funds. The investment of ₹ 10,000 in this fund would have become ₹ 12403.0 in one year.
  4. 3 Year Return%: The Mirae Asset Focused Fund has given return of 11.13% in last three year which is very poor as it is in the fourth quartile with rank of 10 in 10 funds. in Multi Cap Fund.
  5. 1 Year SIP Return%: The Mirae Asset Focused Fund has given return of -0.48% in last one year which is very poor as it is in the fourth quartile with rank of 16 in 16 funds. in Multi Cap Fund.
  6. 3 Year SIP Return%: The Mirae Asset Focused Fund has given return of 8.01% in last three year which is very poor as it is in the fourth quartile with rank of 10 in 10 funds. in Multi Cap Fund.
    7. '
'

The Mirae Asset Focused Fund has above average risk performance, as more than 25% risk parameters are in the top quartile in Multi Cap Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Mirae Asset Focused Fund has standard deviation of 11.51 which is very good as it is in the top quartile with risk rank of 1 in 10 funds. in Multi Cap Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Mirae Asset Focused Fund has semi deviation of 8.24 which is very good as it is in the top quartile with risk rank of 1 in 10 funds. in Multi Cap Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Mirae Asset Focused Fund has max drawdown of -13.98% which is poor as it is in the below average with risk rank of 6 in 10 funds. in Multi Cap Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Mirae Asset Focused Fund has 1Y VaR at 95% of -14.44% which is good as it is above average with risk rank of 4 in 10 funds. in Multi Cap Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Mirae Asset Focused Fund has average drawdown of -5.35% which is good as it is above average with risk rank of 5 in 10 funds. in Multi Cap Fund.
    6. '
'

The Mirae Asset Focused Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Multi Cap Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Mirae Asset Focused Fund has Sterling Ratio of 0.46 which is very poor as it is in the fourth quartile with risk rank of 10 in 10 funds. in Multi Cap Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Mirae Asset Focused Fund has Sortino Ratio of 0.15 which is very poor as it is in the fourth quartile with risk rank of 10 in 10 funds. in Multi Cap Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Mirae Asset Focused Fund has Jensen Alpha of -2.94% which is very poor as it is in the fourth quartile with risk rank of 10 in 10 funds. in Multi Cap Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Mirae Asset Focused Fund has Treynor Ratio of 0.04 which is very poor as it is in the fourth quartile with risk rank of 10 in 10 funds. in Multi Cap Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Mirae Asset Focused Fund has Modigliani Square Measure of 12.75% which is very poor as it is in the fourth quartile with risk rank of 10 in 10 funds. in Multi Cap Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The Mirae Asset Focused Fund has Alpha of -6.82% which is very poor as it is in the fourth quartile with risk rank of 10 in 10 funds. in Multi Cap Fund.
    7. '
'


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.40
4.28
2.40 | 6.76 16 | 16
No
No
Yes
3M Return % 1.42
7.72
1.42 | 12.50 16 | 16
No
No
Yes
6M Return % 11.42
25.67
11.42 | 38.18 16 | 16
No
No
Yes
1Y Return % 22.63
48.03
22.63 | 60.76 16 | 16
No
No
Yes
3Y Return % 12.37
23.99
12.37 | 31.90 10 | 10
No
No
Yes
1Y SIP Return % 16.48
45.05
16.48 | 66.49 16 | 16
No
No
Yes
3Y SIP Return % 8.35
24.00
8.35 | 30.86 10 | 10
No
No
Yes
Standard Deviation 11.51
13.80
11.51 | 16.26 1 | 10
Yes
Yes
No
Semi Deviation 8.24
9.71
8.24 | 11.54 1 | 10
Yes
Yes
No
Max Drawdown % -13.98
-13.45
-17.70 | -8.74 6 | 10
No
No
No
VaR 1 Y % -14.44
-15.92
-20.67 | -13.11 4 | 10
Yes
No
No
Average Drawdown % -5.35
-5.77
-8.56 | -4.06 5 | 10
Yes
No
No
Sharpe Ratio 0.28
0.98
0.28 | 1.51 10 | 10
No
No
Yes
Sterling Ratio 0.46
0.97
0.46 | 1.54 10 | 10
No
No
Yes
Sortino Ratio 0.15
0.53
0.15 | 0.89 10 | 10
No
No
Yes
Jensen Alpha % -2.94
4.19
-2.94 | 11.82 10 | 10
No
No
Yes
Treynor Ratio 0.04
0.15
0.04 | 0.22 10 | 10
No
No
Yes
Modigliani Square Measure % 12.75
21.62
12.75 | 28.96 10 | 10
No
No
Yes
Alpha % -6.82
2.62
-6.82 | 10.10 10 | 10
No
No
Yes
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.50 4.37 2.50 | 6.84 16 | 16
No
No
Yes
3M Return % 1.71 8.04 1.71 | 12.91 16 | 16
No
No
Yes
6M Return % 12.09 26.41 12.09 | 39.13 16 | 16
No
No
Yes
1Y Return % 24.07 49.79 24.07 | 62.97 16 | 16
No
No
Yes
3Y Return % 13.80 25.57 13.80 | 32.86 10 | 10
No
No
Yes
1Y SIP Return % 17.87 46.78 17.87 | 68.84 16 | 16
No
No
Yes
3Y SIP Return % 9.67 25.49 9.67 | 31.92 10 | 10
No
No
Yes
Standard Deviation 11.51 13.80 11.51 | 16.26 1 | 10
Yes
Yes
No
Semi Deviation 8.24 9.71 8.24 | 11.54 1 | 10
Yes
Yes
No
Max Drawdown % -13.98 -13.45 -17.70 | -8.74 6 | 10
No
No
No
VaR 1 Y % -14.44 -15.92 -20.67 | -13.11 4 | 10
Yes
No
No
Average Drawdown % -5.35 -5.77 -8.56 | -4.06 5 | 10
Yes
No
No
Sharpe Ratio 0.28 0.98 0.28 | 1.51 10 | 10
No
No
Yes
Sterling Ratio 0.46 0.97 0.46 | 1.54 10 | 10
No
No
Yes
Sortino Ratio 0.15 0.53 0.15 | 0.89 10 | 10
No
No
Yes
Jensen Alpha % -2.94 4.19 -2.94 | 11.82 10 | 10
No
No
Yes
Treynor Ratio 0.04 0.15 0.04 | 0.22 10 | 10
No
No
Yes
Modigliani Square Measure % 12.75 21.62 12.75 | 28.96 10 | 10
No
No
Yes
Alpha % -6.82 2.62 -6.82 | 10.10 10 | 10
No
No
Yes
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.33 ₹ 10033.0 0.33 ₹ 10033.0
1W 0.88 ₹ 10088.0 0.9 ₹ 10090.0
1M 2.4 ₹ 10240.0 2.5 ₹ 10250.0
3M 1.42 ₹ 10142.0 1.71 ₹ 10171.0
6M 11.42 ₹ 11142.0 12.09 ₹ 11209.0
1Y 22.63 ₹ 12263.0 24.07 ₹ 12407.0
3Y 12.37 ₹ 14191.0 13.8 ₹ 14738.0
5Y - ₹ - - ₹ -
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 16.4842 ₹ 13044.66 17.8708 ₹ 13130.448
3Y ₹ 36000 8.3538 ₹ 40838.4 9.6671 ₹ 41636.448
5Y ₹ 60000 - ₹ - - ₹ -
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
23-04-2024 22.072 23.667
22-04-2024 21.999 23.588
19-04-2024 21.987 23.572
18-04-2024 21.88 23.457
16-04-2024 21.937 23.516
15-04-2024 22.072 23.66
12-04-2024 22.376 23.984
09-04-2024 22.341 23.944
08-04-2024 22.305 23.905
05-04-2024 22.145 23.731
04-04-2024 22.046 23.624
03-04-2024 21.979 23.551
02-04-2024 22.003 23.577
01-04-2024 22.002 23.574
28-03-2024 21.757 23.309
27-03-2024 21.664 23.209
26-03-2024 21.554 23.09
22-03-2024 21.637 23.176
21-03-2024 21.592 23.127
20-03-2024 21.374 22.893
19-03-2024 21.379 22.898
18-03-2024 21.451 22.974
15-03-2024 21.376 22.891
14-03-2024 21.37 22.884
13-03-2024 21.189 22.69
12-03-2024 21.642 23.174
11-03-2024 21.756 23.296
07-03-2024 21.93 23.478
06-03-2024 21.951 23.5
05-03-2024 21.985 23.536
04-03-2024 22.034 23.588
01-03-2024 22.037 23.589
29-02-2024 21.859 23.397
28-02-2024 21.771 23.302
27-02-2024 21.977 23.522
26-02-2024 21.912 23.451
23-02-2024 21.977 23.519
22-02-2024 21.881 23.416
21-02-2024 21.856 23.388
20-02-2024 21.908 23.443
19-02-2024 21.773 23.297
16-02-2024 21.7 23.217
15-02-2024 21.517 23.021
14-02-2024 21.498 23.0
13-02-2024 21.447 22.944
12-02-2024 21.349 22.839
09-02-2024 21.613 23.119
08-02-2024 21.635 23.142
07-02-2024 21.883 23.406
06-02-2024 21.906 23.43
05-02-2024 21.665 23.171
02-02-2024 21.828 23.344
01-02-2024 21.984 23.509
31-01-2024 22.117 23.651
30-01-2024 21.818 23.331
29-01-2024 21.865 23.381
25-01-2024 21.626 23.122
24-01-2024 21.764 23.269
23-01-2024 21.553 23.042
19-01-2024 21.806 23.309
18-01-2024 21.55 23.036
17-01-2024 21.675 23.168
16-01-2024 22.164 23.69
15-01-2024 22.228 23.758
12-01-2024 22.129 23.649
11-01-2024 21.936 23.443
10-01-2024 21.837 23.336
09-01-2024 21.81 23.306
08-01-2024 21.785 23.279
05-01-2024 22.0 23.507
04-01-2024 21.949 23.45
03-01-2024 21.784 23.274
02-01-2024 21.856 23.351
01-01-2024 21.884 23.379
29-12-2023 21.85 23.34
28-12-2023 21.828 23.316
27-12-2023 21.767 23.25
26-12-2023 21.599 23.07
22-12-2023 21.57 23.036
21-12-2023 21.389 22.842
20-12-2023 21.215 22.656
19-12-2023 21.537 22.998
18-12-2023 21.48 22.937
15-12-2023 21.465 22.919
14-12-2023 21.349 22.794
13-12-2023 21.086 22.513
12-12-2023 21.111 22.539
11-12-2023 21.264 22.701
08-12-2023 21.25 22.684
07-12-2023 21.195 22.624
06-12-2023 21.258 22.691
05-12-2023 21.306 22.742
04-12-2023 21.235 22.665
01-12-2023 20.97 22.38
30-11-2023 20.883 22.286
29-11-2023 20.817 22.215
28-11-2023 20.652 22.039
24-11-2023 20.606 21.987
23-11-2023 20.611 21.991
22-11-2023 20.577 21.954
21-11-2023 20.533 21.907
20-11-2023 20.429 21.795
17-11-2023 20.422 21.785
16-11-2023 20.406 21.767
15-11-2023 20.4 21.76
13-11-2023 20.094 21.432
10-11-2023 20.126 21.465
09-11-2023 20.053 21.386
08-11-2023 20.171 21.512
07-11-2023 20.139 21.477
06-11-2023 20.096 21.431
03-11-2023 19.846 21.161
02-11-2023 19.704 21.009
01-11-2023 19.588 20.885
31-10-2023 19.707 21.011
30-10-2023 19.784 21.092
27-10-2023 19.744 21.048
26-10-2023 19.554 20.844
25-10-2023 19.692 20.991
23-10-2023 19.809 21.115
20-10-2023 20.265 21.599
19-10-2023 20.376 21.716
18-10-2023 20.44 21.784
17-10-2023 20.612 21.966
16-10-2023 20.531 21.88
13-10-2023 20.545 21.892
12-10-2023 20.723 22.081
11-10-2023 20.712 22.069
10-10-2023 20.566 21.912
09-10-2023 20.36 21.693
06-10-2023 20.607 21.953
05-10-2023 20.52 21.86
04-10-2023 20.352 21.68
03-10-2023 20.536 21.876
29-09-2023 20.581 21.921
27-09-2023 20.571 21.909
26-09-2023 20.491 21.823
25-09-2023 20.519 21.852
22-09-2023 20.597 21.933
21-09-2023 20.653 21.992
20-09-2023 20.807 22.156
18-09-2023 21.031 22.392
15-09-2023 21.214 22.585
14-09-2023 21.045 22.405
13-09-2023 20.978 22.332
12-09-2023 20.964 22.317
11-09-2023 21.184 22.551
08-09-2023 21.03 22.385
07-09-2023 20.922 22.269
06-09-2023 20.833 22.174
05-09-2023 20.773 22.109
04-09-2023 20.692 22.022
01-09-2023 20.651 21.977
31-08-2023 20.503 21.818
30-08-2023 20.452 21.763
29-08-2023 20.36 21.665
28-08-2023 20.404 21.71
25-08-2023 20.365 21.667
24-08-2023 20.472 21.78
23-08-2023 20.434 21.74
22-08-2023 20.349 21.648
21-08-2023 20.258 21.551
18-08-2023 20.196 21.483
17-08-2023 20.246 21.535
16-08-2023 20.257 21.546
14-08-2023 20.274 21.563
11-08-2023 20.368 21.661
10-08-2023 20.49 21.79
09-08-2023 20.523 21.824
08-08-2023 20.486 21.784
07-08-2023 20.405 21.698
04-08-2023 20.26 21.541
03-08-2023 20.035 21.302
02-08-2023 20.121 21.392
01-08-2023 20.366 21.652
31-07-2023 20.323 21.606
28-07-2023 20.228 21.503
27-07-2023 20.247 21.522
26-07-2023 20.291 21.568
25-07-2023 20.275 21.55
24-07-2023 20.248 21.522
21-07-2023 20.301 21.576
20-07-2023 20.48 21.765
19-07-2023 20.396 21.675
18-07-2023 20.32 21.594
17-07-2023 20.312 21.585
14-07-2023 20.164 21.425
13-07-2023 20.009 21.26
12-07-2023 20.005 21.254
11-07-2023 19.979 21.227
10-07-2023 19.871 21.111
07-07-2023 19.845 21.082
06-07-2023 19.896 21.135
05-07-2023 19.809 21.042
04-07-2023 19.783 21.013
03-07-2023 19.865 21.101
30-06-2023 19.828 21.059
28-06-2023 19.684 20.904
27-06-2023 19.56 20.772
26-06-2023 19.418 20.621
23-06-2023 19.35 20.546
22-06-2023 19.509 20.715
21-06-2023 19.587 20.797
20-06-2023 19.541 20.748
19-06-2023 19.495 20.698
16-06-2023 19.527 20.73
15-06-2023 19.367 20.56
14-06-2023 19.414 20.608
13-06-2023 19.443 20.639
12-06-2023 19.299 20.485
09-06-2023 19.287 20.471
08-06-2023 19.308 20.492
07-06-2023 19.406 20.595
06-06-2023 19.252 20.431
05-06-2023 19.273 20.453
02-06-2023 19.193 20.366
01-06-2023 19.117 20.285
31-05-2023 19.167 20.337
30-05-2023 19.152 20.32
29-05-2023 19.056 20.218
26-05-2023 19.005 20.162
25-05-2023 18.886 20.034
24-05-2023 18.821 19.965
23-05-2023 18.853 19.998
22-05-2023 18.815 19.958
19-05-2023 18.864 20.007
18-05-2023 18.817 19.957
17-05-2023 18.846 19.987
16-05-2023 18.904 20.047
15-05-2023 18.923 20.067
12-05-2023 18.794 19.929
11-05-2023 18.848 19.985
10-05-2023 18.797 19.931
09-05-2023 18.696 19.823
08-05-2023 18.72 19.848
05-05-2023 18.512 19.625
04-05-2023 18.645 19.766
03-05-2023 18.47 19.579
02-05-2023 18.478 19.587
28-04-2023 18.36 19.459
27-04-2023 18.151 19.237
26-04-2023 18.064 19.144
25-04-2023 17.999 19.075
24-04-2023 17.976 19.05

Fund Launch Date: 23/Apr/2019
Fund Category: Multi Cap Fund
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 Description: 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)
Fund Benchmark: Nifty 200 Index (Total Return Index)
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.