About Mirae Asset Focused Fund
Mirae Asset Focused Fund is a focused fund managed by Mirae Asset Mutual Fund. Hold a concentrated portfolio of at most 30 stocks, so returns depend heavily on a few picks.
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.
The scheme's stated objective, as published by Mirae Asset Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹29.412 | 147206 |
| Direct | IDCW | ₹27.052 | 147205 |
| Regular | Growth | ₹26.615 | 147203 |
| Regular | IDCW | ₹24.468 | 147204 |
Frequently asked questions
What is the NAV of Mirae Asset Focused Fund today?
The NAV of Mirae Asset Focused Fund (Direct plan, Growth) is ₹29.412 and the Regular plan NAV is ₹26.615, as of 13 Nov 2026.
What returns has Mirae Asset Focused Fund given?
Over the last year the Direct plan returned 2.77%, and 11.13% a year over 3 years and 6.38% a year over 5 years. That places it 22 of 27 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Mirae Asset Focused Fund?
The Direct plan charges 0.98% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Mirae Asset Focused Fund?
You can start a monthly SIP with ₹99, or invest a lump sum of ₹5,000 or more.
How much has Mirae Asset Focused Fund fallen in the past?
Its deepest fall was 38.2% from 24 Jan 2020 to 23 Mar 2020. Of every one-year stretch in its history, 78% ended in a gain.
Which category does Mirae Asset Focused Fund belong to?
It is a Focused Fund from Mirae Asset Mutual Fund. Hold a concentrated portfolio of at most 30 stocks, so returns depend heavily on a few picks.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Mirae Asset Focused Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.