Mirae Asset Focused Fund
Mirae Asset Focused Fund maintains a concentrated bet on financial services and technology-driven growth, with banking stocks alone accounting for over a fifth of the portfolio while fintech exposure signals conviction in digital disruption. The manager's recent trimming of IT services and selective entry into energy and market infrastructure suggests a tactical pivot toward cyclical recovery and emerging financial sector opportunities. This portfolio favors compounders with strong domestic secular tailwinds rather than broad market participation, reflected in just 32 holdings driving substantial conviction.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹22.9680 | -0.61% | -9.42% | +6.71% | +7.96% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Bharat Petroleum Corporation Ltd. | 0.93% |
| BSE Ltd. | 0.59% |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 0.61% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 9.12% |
| 2 | ICICI Bank Ltd. INE090A01021 | 8.05% |
| 3 | Bharti Airtel Ltd. INE397D01024 | 5.89% |
| 4 | Infosys Ltd. INE009A01021 | 4.67% |
| 5 | One 97 Communications Ltd. INE982J01020 | 4.36% |
| 6 | Axis Bank Ltd. INE238A01034 | 4.10% |
| 7 | Eternal Ltd. INE758T01015 | 3.81% |
| 8 | Sona Blw Precision Forgings Ltd. INE073K01018 | 3.78% |
| 9 | Maruti Suzuki India Ltd. INE585B01010 | 3.70% |
| 10 | Kalpataru Projects International Ltd. INE220B01022 | 3.39% |
| 11 | Gujarat Fluorochemicals Ltd. INE09N301011 | 3.20% |
| 12 | Godrej Consumer Products Ltd. INE102D01028 | 3.18% |
| 13 | Arvind Fashions Ltd. INE955V01021 | 3.10% |
| 14 | ITC Ltd. INE154A01025 | 3.01% |
| 15 | Ratnamani Metals & Tubes Ltd. INE703B01027 | 3.00% |
| 16 | Gland Pharma Ltd. INE068V01023 | 2.91% |
| 17 | SKF India (Industrial) Ltd. INE2J8701016 | 2.90% |
| 18 | Syngene International Ltd. INE398R01022 | 2.84% |
| 19 | FSN E-Commerce Ventures Ltd. INE388Y01029 | 2.68% |
| 20 | Sapphire Foods India Ltd. INE806T01020 | 2.61% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Mirae Asset Focused Fund hold?
Mirae Asset Focused Fund holds 30 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 32.09% of NAV.
What is the largest holding in Mirae Asset Focused Fund?
The largest position in Mirae Asset Focused Fund is HDFC Bank Ltd., accounting for 9.12% of NAV in the Banks sector.
Is Mirae Asset Focused Fund a concentrated or diversified fund?
With a Gini coefficient of 0.280, Mirae Asset Focused Fund is well-diversified. The HHI concentration index is 41,593 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 32.09% of the portfolio.
What is the market cap allocation of Mirae Asset Focused Fund?
Based on SEBI's AMFI classification, Mirae Asset Focused Fund's equity portfolio is split as: Large Cap: 51.29%, Mid Cap: 12.29%, Small Cap: 33.26%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Mirae Asset Focused Fund invest in most?
Mirae Asset Focused Fund has the highest allocation to Banks (21.27%), Retailing (9.59%), IT - Software (6.93%). The fund is invested across 23 sectors in total.
How actively managed is Mirae Asset Focused Fund compared to other Focused Fund funds?
Mirae Asset Focused Fund has an Active Share of 71.39%, classifying it as "Highly Differentiated" among 27 Focused Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Mirae Asset Focused Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Mirae Asset Focused Fund added 3 new stocks (including Bharat Petroleum Corporation Ltd.) and exited 1 stock (including Mphasis Ltd.). Total holding count increased from 30 to 32 stocks.