Mirae Asset AMC launches Mirae Asset Focussed Fund

Mirae Asset Mutual Fund has launched its first open ended equity focused fund - Mirae Asset Focussed Fund.

Mirae Asset Focused Fund is an open ended equity scheme investing in a maximum of 30 stocks. The fund will be invested in a focused portfolio of maximum 30 stocks with the flexibility to invest across marketcaps- large cap, mid cap and small cap categories(i.e. multi cap style) and across sectors. The fund aims to build a portfolio of strong growth companies, reflecting our most attractive investment ideas.

The NFO of the fund will be open from 23rd April to 7th May . Gaurav Misra, Senior Fund Manager will be managing this fund.


“Mirae Asset MF is enhancing its product basket to provide varied investment solutions for its investors and partners. The new offering will help us increase our equity offering and enlarge our investor base. We believe with this offering we are providing a new investment style which will be ably managed by Mr. Gaurav Misra, who has managed such focused fund strategies in his previous stint as portfolio manager with ASK Investment Managers Pvt. Ltd. The portfolio strategy will be centered around maximum 30 stocks with a flexibility to invest across market capitalization with an aim to generate long term capital appreciation,” says Swarup Mohanty,CEO of Mirae Asset MF.

Mirae Asset Mutual Fund has completed more than 10 years in India. The company’s AUM stands at Rs 27,000 crore (as on 31 March 2019).

The AMC has around 13.9lakh investor folios (including more than 6.9 lakh SIP investors) as on 31st March
2019.