ReviewDirect · Growth
Mirae Asset Focused Fund
Mirae Asset Mutual FundEquity Schemes - Focused Fund7.3 years
The scheme seeks to generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.
- NAV
- 27.292
- 15 Sept 2026
- 1Y
- -2.9%
- Trailing CAGR
- Upside capture
- +95%
- Vs NIFTY 500 TRI
- Downside capture
- +87%
- Lower is better
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-2.9%
- 3Y+7.2%
- 5Y+6.6%
- 10Yn/a
- SI+15.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.2%
- 3Y+5.3%
- 5Y+7.5%
- 10Yn/a
- Since inception
- +15.0%
- Calendar-day CAGR
- Excess 1Y
- -5.2%
- Category median, same plan and option
- 3Y win rate
- +26%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- Worst rolling 3Y
- +5.5%
- 1069 daily-ending windows
- Median rolling 3Y
- +13.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 578 daily-ending windows
- SIP 3Y XIRR
- +5.3%
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 15 Sept 2026.
- 1Y excess
- -2.8%
- Fund minus TRI
- 3Y excess
- -2.9%
- Fund minus TRI
- Upside capture
- +95%
- Benchmark-up months
- Downside capture
- +87%
- Lower is better
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 15 days
- 78 recovered episodes
- Longest recovery
- 395 days
- Trough to prior peak
- Current spell
- 358 days
- Days below latest peak
- Time below peak
- +88%
- NAV observations
24 Jan 2020 – 26 Aug 2020
Trough 23 Mar 2020 · recovered in 156 days
-38.2%
18 Sept 2025 – open
Trough 30 Mar 2026 · not recovered
-21.0%
17 Jan 2022 – 20 Jul 2023
Trough 20 Jun 2022 · recovered in 395 days
-20.0%
26 Sept 2024 – 18 Sept 2025
Trough 7 Apr 2025 · recovered in 164 days
-17.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
17
Consistency
33
Risk-adjusted
56
Drawdown
5
Mean
22
Portfolio
31 Aug 2026 · 33 holdings · top 10 are 54.2%.
- Top 5
- 33.5%
- Top 10
- 54.2%
- Largest holding
- 9.0%
- Effective holdings
- 23.0
ICICI Bank Ltd
Financial
9.0%
HDFC Bank Ltd
Financial
8.1%
One 97 Communications Ltd
Industrials
5.5%
Repo
Unspecified
5.4%
Bharti Airtel Ltd
Technology
5.3%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 11 Sept 2026
Review
Engine status
Review
Closer look
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
360 ONE Focused Fund
360 ONE Mutual Fund
- 1Y
- +2.4%
- 3Y
- +10.6%
- Vol
- 16.4%
- Max DD
- -36.6%
- Sharpe
- 0.65
- 3Y win
- +51%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Axis Focused Fund
Axis Mutual Fund
- 1Y
- -0.8%
- 3Y
- +9.3%
- Vol
- 15.8%
- Max DD
- -33.7%
- Sharpe
- 0.55
- 3Y win
- +46%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Canara Robeco Focused Fund
Canara Robeco Mutual Fund
- 1Y
- -1.3%
- 3Y
- +12.4%
- Vol
- 13.3%
- Max DD
- -18.1%
- Sharpe
- 0.74
- 3Y win
- +70%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
ICICI Prudential Focused Fund
ICICI Prudential Mutual Fund
- 1Y
- +1.0%
- 3Y
- +16.1%
- Vol
- 15.1%
- Max DD
- -34.1%
- Sharpe
- 0.70
- 3Y win
- +46%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Invesco India Focused Fund
Invesco Mutual Fund
- 1Y
- +4.8%
- 3Y
- +21.0%
- Vol
- 15.1%
- Max DD
- -22.0%
- Sharpe
- 1.05
- 3Y win
- +96%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns