MF Gyan
sectorHigh risk7 years oldAccelerating recently (last 6m ≈ 21% p.a.)

Mirae Asset Focused Fund - Direct Plan - Growth

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From Mirae Asset Mutual Fund. It's been running since 15 May 2019.

Latest price per unit
₹27.98
▼ 0.12% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹99.4k
▼ ₹615 loss · -0.6% / year
Invested 3 years ago
₹1.27 L
▲ ₹27.0k gain · 8.3% / year
Invested 5 years ago
₹1.40 L
▲ ₹39.8k gain · 6.9% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.96 L
Gain / loss+₹15.6k
XIRR (annualised)5.76%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.97 L
Projected gain*+₹16.9k
*at this fund's historical rate of 5.76% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 19 other funds in Equity Schemes - Focused Fund

Same plan
1-year return
-0.61%median 3.83% (-4.45%)
Rank #15 of 20Beats 26% of peers
3-year return
8.31%median 12.36% (-4.05%)
Rank #17 of 20Beats 16% of peers
5-year return
6.93%median 11.73% (-4.80%)
Rank #16 of 20Beats 21% of peers
Bumpiness (3Y)
13.49%median 15.11% (-1.62%)
Rank #4 of 20Less risky than 84% of peers
Worst-ever drop
-38.22%median -33.72% (-4.50%)
Rank #4 of 20Less risky than 84% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 5 of last 7 years were positive.

+23%
2020
+41%
2021
-7%
2022
+18%
2023
+17%
2024
+3%
2025
-1%
2026
Best year
2021 · 40.75%
Worst year
2022 · -7.09%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
13.5%

The value swings roughly 13% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-38.22%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Mirae Asset Focused Fund - Direct Plan - Growth against other sector funds.

Technical details (for the pros)
CAGR — 1 year-0.61%
CAGR — 3 years8.31%
CAGR — 5 years6.93%
CAGR — since launch15.17%
Volatility — 1 year (annualised)13.78%
Volatility — 3 years (annualised)13.49%
Max drawdown — 1 year-21.00%
Max drawdown — 3 years-21.00%
Sharpe ratio — 1 year (rf=6%)-0.48
Sharpe ratio — 3 years (rf=6%)0.16

Fund info

Fund house
Mirae Asset Mutual Fund
Category
Equity Schemes - Focused Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF769K01EU0
ISIN (Div re-invest)
—
Fund code
147206
First price on record
15 May 2019 · 1,803 daily prices

About Mirae Asset Focused Fund - Direct Plan - Growth

Mirae Asset Focused Fund - Direct Plan - Growth is a Equity Schemes - Focused Fund offered by Mirae Asset Mutual Fund under the Direct plan with the Growth option. It has approximately 7 years of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

The current NAV of Mirae Asset Focused Fund - Direct Plan - Growth is ₹27.9800 (as of 4 Sep 2026). Historically, it has delivered -0.61% over the last year, 8.31% CAGR over 3 years, 6.93% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 13.5% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 38.2%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Mirae Asset Focused Fund - Direct Plan - Growth?+

The latest NAV of Mirae Asset Focused Fund - Direct Plan - Growth is ₹27.9800 as of 4 Sep 2026, down 0.12% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Mirae Asset Focused Fund - Direct Plan - Growth?+

Mirae Asset Focused Fund - Direct Plan - Growth has delivered 1-year return -0.61%, 3-year CAGR 8.31%, 5-year CAGR 6.93%, since-inception CAGR 15.17%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Mirae Asset Focused Fund - Direct Plan - Growth belong to?+

Mirae Asset Focused Fund - Direct Plan - Growth is categorised as Equity Schemes - Focused Fund. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

How risky is Mirae Asset Focused Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 13.5%, Mirae Asset Focused Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Mirae Asset Focused Fund - Direct Plan - Growth a direct plan?+

Mirae Asset Focused Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Mirae Asset Focused Fund - Direct Plan - Growth?+

Mirae Asset Focused Fund - Direct Plan - Growth has NAV history available from 15 May 2019 — approximately 7 years of track record and 1,803 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.