Mirae Asset Focused Fund vs Mirae Asset Nifty 100 ESG Sector Leaders ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Mirae Asset Focused Fund is a Focused fund and Mirae Asset Nifty 100 ESG Sector Leaders ETF is an ETF fund. In the 3 years to 30-10-2026, Mirae Asset Focused Fund (Direct) returned 8.4% a year and Mirae Asset Nifty 100 ESG Sector Leaders ETF returned 7.6% a year. Mirae Asset Focused Fund charges 0.99% a year and Mirae Asset Nifty 100 ESG Sector Leaders ETF 0.45%. Their portfolios overlap 40.1%: they hold 9 of the same securities.
Mirae Asset Focused Fund
Focused
- 3 year return
- 8.4%
- Expense ratio
- 0.99%
- NAV
- ₹26.84
Mirae Asset Nifty 100 ESG Sector Leaders ETF
ETF
- 3 year return
- 7.6%
- Expense ratio
- 0.45%
- NAV
- ₹39.14
Which is better, Mirae Asset Focused or Mirae Asset Nifty 100 ESG Sector Leaders ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Nifty 100 ESG Sector Leaders ETF returned more over 5 years: 5.6% a year against 5.2%.
- Mirae Asset Focused returned more over 3 years: 8.4% a year against 7.6%.
- Mirae Asset Nifty 100 ESG Sector Leaders ETF costs less: 0.45% a year against 0.99%.
- Mirae Asset Focused swung less over 3 years: a standard deviation of 13.4% a year against 13.6%.
- Mirae Asset Nifty 100 ESG Sector Leaders ETF fell less in its worst fall since 18-11-2020: −17.9% against −21.0%.
- Mirae Asset Nifty 100 ESG Sector Leaders ETF holds more in large companies: 97.9% of the fund in large caps against 45.2%.
- Mirae Asset Focused is the larger fund: ₹6,350 Cr against ₹92 Cr.
- Their portfolios overlap 40.1%: 9 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Mirae Asset Focused Fund | Mirae Asset Nifty 100 ESG Sector Leaders ETF |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Mirae Asset Mutual Fund |
| Category | Focused | ETF |
| AUM | ₹6,350 Cr (30-09-2026) | ₹92 Cr (30-09-2026) |
| NAV | ₹26.84 (Direct) | ₹39.14 |
| Expense ratio (Direct) | 0.99% | Not available |
| Expense ratio (Regular) | 2.16% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty 100 ESG Sector Leaders TRI |
| Launch date | 14-05-2019 | 17-11-2020 |
| Minimum investment | ₹5,000 | On exchange (in multiple of 1 units), Directly with AMC or Market Maker (in multiple of 1,25,000 units) |
| Lock in | None | None |
| Fund managers | Gaurav Misra, Varun Goel | Ekta Gala, amp, Vishal Singh |
| Exit load | Exit load of 1% if redeemed within 1 year. | NIL |
Mirae Asset Focused vs Mirae Asset Nifty 100 ESG Sector Leaders ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Focused Fund (Direct) | −0.08% | −0.82% | +5.52% | −6.96% | +8.36% | +5.21% | -- |
| Mirae Asset Nifty 100 ESG Sector Leaders ETF | +0.91% | −6.55% | −4.19% | −11.03% | +7.62% | +5.61% | -- |
| Focused average | −1.00% | −4.12% | +1.39% | −3.09% | +12.30% | +10.21% | -- |
Category average: the average of the 28 Focused funds, same plan type.
Mirae Asset Focused vs Mirae Asset Nifty 100 ESG Sector Leaders ETF: Year-wise Returns
| Year | FocusedMirae Asset Focused | Nifty 100 ESG Sector Leaders ETFMirae Asset Nifty 100 ESG Sector Leaders ETF |
|---|---|---|
| 2026to date | −5.67% | −11.81% |
| 2025 | +3.66% | +11.13% |
| 2024 | +17.60% | +11.66% |
| 2023 | +18.58% | +18.56% |
| 2022 | −5.62% | +1.51% |
| 2021 | +41.62% | +23.69% |
Mirae Asset Focused vs Mirae Asset Nifty 100 ESG Sector Leaders ETF: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Mirae Asset Focused Fund
Rolling returns
Every 3-year holding period, 725 of them, one for each trading day from 20-11-2023 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Mirae Asset Focused Fund (Direct)
Mirae Asset Nifty 100 ESG Sector Leaders ETF
Nifty 500 TRI
to
Feb 2024Aug 2021
to
Aug 2024Feb 2022
to
Feb 2025Aug 2022
to
Aug 2025Feb 2023
to
Feb 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mirae Asset Focused | 0.0 | 0.0 | 36.1 | 54.5 | 9.4 | 0.0 | 0.0 | 11.3% | 11.7% | 5.5% | 17.8% | 0% |
| Mirae Asset Nifty 100 ESG Sector Leaders ETF | 0.0 | 0.0 | 16.1 | 73.8 | 10.2 | 0.0 | 0.0 | 12.5% | 12.9% | 5.4% | 18.1% | 0% |
| Nifty 500 TRI | 0.0 | 0.0 | 2.6 | 26.1 | 59.0 | 12.3 | 0.0 | 16.5% | 16.5% | 8.8% | 22.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-11-2020. Past returns do not promise future returns.
Mirae Asset Focused vs Mirae Asset Nifty 100 ESG Sector Leaders ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-11-2020 to 30-10-2026: 72 instalments, ₹7,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Mirae Asset FocusedMirae Asset Focused Fund (Direct) | ₹7,20,000 | ₹8,92,600 | ₹1,72,600 | 7.1% |
| Mirae Asset Nifty 100 ESG Sector Leaders ETFMirae Asset Nifty 100 ESG Sector Leaders ETF | ₹7,20,000 | ₹8,54,483 | ₹1,34,483 | 5.6% |
Mirae Asset FocusedMirae Asset Focused Fund (Direct)
Mirae Asset Nifty 100 ESG Sector Leaders ETFMirae Asset Nifty 100 ESG Sector Leaders ETF
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Mirae Asset Focused vs Mirae Asset Nifty 100 ESG Sector Leaders ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset Focused Fund (Direct) | Mirae Asset Nifty 100 ESG Sector Leaders ETF |
|---|---|---|
| Return (CAGR) | −6.96% | −11.03% |
| Standard deviation | 14.10% | 14.01% |
| Sharpe ratio | -0.87 | -1.16 |
| Sortino ratio | -1.16 | -1.54 |
| Maximum drawdown | −20.7% (30-03-2026) | −15.9% (31-03-2026) |
| Beta | 0.93 | 1.00 |
| Alpha | −0.55% | −0.43% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Mirae Asset Focused Fund (Direct) | Mirae Asset Nifty 100 ESG Sector Leaders ETF |
|---|---|---|
| Return (CAGR) | +8.36% | +7.62% |
| Standard deviation | 13.36% | 13.55% |
| Sharpe ratio | 0.18 | 0.12 |
| Sortino ratio | 0.24 | 0.16 |
| Maximum drawdown | −21.0% (30-03-2026) | −16.5% (04-03-2025) |
| Beta | 0.87 | 1.00 |
| Alpha | −1.32% | −0.61% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Mirae Asset Focused Fund (Direct) | Mirae Asset Nifty 100 ESG Sector Leaders ETF |
|---|---|---|
| Return (CAGR) | +5.21% | +5.61% |
| Standard deviation | 13.69% | 13.86% |
| Sharpe ratio | -0.04 | -0.01 |
| Sortino ratio | -0.06 | -0.02 |
| Maximum drawdown | −21.0% (30-03-2026) | −17.8% (17-06-2022) |
| Beta | 0.90 | 1.00 |
| Alpha | −3.31% | −0.66% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Mirae Asset Focused Fund (Direct) | Mirae Asset Nifty 100 ESG Sector Leaders ETF |
|---|---|---|
| Return (CAGR) | +14.20% | +9.92% |
| Standard deviation | 16.78% | 13.91% |
| Sharpe ratio | 0.54 | 0.33 |
| Sortino ratio | 0.72 | 0.45 |
| Maximum drawdown | −38.2% (23-03-2020) | −17.9% (17-06-2022) |
| Beta | 0.94 | 1.00 |
| Alpha | +1.14% | −0.65% |
From daily NAVs, 15-05-2019 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Mirae Asset Focused Fund (Direct)
Mirae Asset Nifty 100 ESG Sector Leaders ETF
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset Focused Fund (Direct) | −21.0% | 18-09-2025 | 30-03-2026 | Not yet | -- | −7.3% |
| Mirae Asset Nifty 100 ESG Sector Leaders ETF | −17.9% | 18-10-2021 | 17-06-2022 | 30-11-2022 | 5 months | −13.0% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 18-11-2020, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Mirae Asset Focused Fund (Direct)
Mirae Asset Nifty 100 ESG Sector Leaders ETF
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Mirae Asset Focused Fund (Direct)
Mirae Asset Nifty 100 ESG Sector Leaders ETF
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Mirae Asset Focused Fund (Direct)
Mirae Asset Nifty 100 ESG Sector Leaders ETF
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Mirae Asset Focused Fund (Direct) | 88% | 90% | 5.50% |
| Mirae Asset Nifty 100 ESG Sector Leaders ETF | 85% | 97% | 3.84% |
From month-end values since 18-11-2020. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Mirae Asset Focused vs Mirae Asset Nifty 100 ESG Sector Leaders ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Focused Fund, September 2026; Mirae Asset Nifty 100 ESG Sector Leaders ETF, September 2026
Holdings in common
- Overlap
- 40.1%
- Held by both
- 9
- Only in Mirae Asset Focused
- 22
- Only in Mirae Asset Nifty 100 ESG Sector Leaders ETF
- 51
| Security | % of Mirae Asset Focused | % of Mirae Asset Nifty 100 ESG Sector Leaders ETF |
|---|---|---|
| HDFC Bank Ltd. | 8.63% | 9.51% |
| ICICI Bank Ltd. | 8.28% | 10.24% |
| Bharti Airtel Ltd. | 5.51% | 6.37% |
| Reliance Industries Ltd. | 5.00% | 9.56% |
| Infosys Ltd. | 4.08% | 4.16% |
| Bajaj Finance Ltd. | 4.31% | 3.07% |
| Eternal Ltd. | 3.68% | 2.76% |
| Maruti Suzuki India Ltd. | 3.60% | 1.86% |
| SBI Life Insurance Co. Ltd. | 2.09% | 0.91% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40.1% means 40.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Mirae Asset Focused Fund
| Security | % of fund |
|---|---|
| One 97 Communications Ltd. | 4.80% |
| Siemens Energy India Ltd. | 3.46% |
| Ratnamani Metals & Tubes Ltd. | 3.21% |
| Kalpataru Projects International Ltd. | 3.17% |
| Sona Blw Precision Forgings Ltd. | 2.92% |
Largest holdings only in Mirae Asset Nifty 100 ESG Sector Leaders ETF
| Security | % of fund |
|---|---|
| Axis Bank Ltd. | 4.20% |
| Mahindra & Mahindra Ltd. | 3.14% |
| Titan Company Ltd. | 2.26% |
| Hindustan Unilever Ltd. | 1.99% |
| NTPC Ltd. | 1.82% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Mirae Asset Focused | Mirae Asset Nifty 100 ESG Sector Leaders ETF |
|---|---|---|
| Equity | 89.6% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 10.4% | -0.0% |
Market cap of stocks
| Market cap | Mirae Asset Focused | Mirae Asset Nifty 100 ESG Sector Leaders ETF |
|---|---|---|
| Large Cap | 45.2% | 97.9% |
| Mid Cap | 15.6% | 2.1% |
| Small Cap | 21.9% | 0.0% |
| Not on AMFI's list | 7.0% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Mirae Asset Focused | Mirae Asset Nifty 100 ESG Sector Leaders ETF |
|---|---|---|
| Banks | 18.9% | 23.9% |
| Petroleum Products | 5.0% | 10.9% |
| IT - Software | 4.1% | 7.8% |
| Retailing | 7.4% | 4.5% |
| Finance | 4.3% | 7.4% |
| Automobiles | 3.6% | 6.5% |
| Telecom - Services | 5.5% | 6.4% |
| Industrial Products | 5.8% | 0.8% |
| Electrical Equipment | 4.9% | 1.5% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset Focused vs Mirae Asset Nifty 100 ESG Sector Leaders ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset Focused Fund | Mirae Asset Nifty 100 ESG Sector Leaders ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.99% | Not available |
| Base expense ratio (Direct) | 0.57% | 0.00% |
| Total expense ratio (Regular) | 2.16% | Not available |
| Base expense ratio (Regular) | 1.56% | 0.35% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Mirae Asset Focused Fund vs Mirae Asset Nifty 100 ESG Sector Leaders ETF: Frequently Asked Questions
What is the difference between Mirae Asset Focused Fund and Mirae Asset Nifty 100 ESG Sector Leaders ETF?
Mirae Asset Focused Fund is a Focused fund, Mirae Asset Nifty 100 ESG Sector Leaders ETF is an ETF fund, run by Mirae Asset Mutual Fund. Their portfolios overlap 40.1%. Mirae Asset Focused Fund charges 0.99% a year and Mirae Asset Nifty 100 ESG Sector Leaders ETF 0.45%.
Which has given higher returns, Mirae Asset Focused Fund or Mirae Asset Nifty 100 ESG Sector Leaders ETF?
Over 1 year: Mirae Asset Focused Fund −6.96%, Mirae Asset Nifty 100 ESG Sector Leaders ETF −11.03%. Over 3 years: Mirae Asset Focused Fund +8.36% a year, Mirae Asset Nifty 100 ESG Sector Leaders ETF +7.62% a year. Over 5 years: Mirae Asset Focused Fund +5.21% a year, Mirae Asset Nifty 100 ESG Sector Leaders ETF +5.61% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Mirae Asset Focused Fund or Mirae Asset Nifty 100 ESG Sector Leaders ETF?
Mirae Asset Nifty 100 ESG Sector Leaders ETF charges less: 0.45% a year against 0.99%. These are the total expense ratios reported to AMFI.
How much do Mirae Asset Focused Fund and Mirae Asset Nifty 100 ESG Sector Leaders ETF overlap?
40.1%. They hold 9 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Mirae Asset Focused Fund or Mirae Asset Nifty 100 ESG Sector Leaders ETF?
On SEBI's riskometer, Mirae Asset Focused Fund is rated Very High and Mirae Asset Nifty 100 ESG Sector Leaders ETF Very High. Over 3 years, the standard deviation of daily returns was 13.36% and 13.55% a year.
Which is better for SIP, Mirae Asset Focused Fund or Mirae Asset Nifty 100 ESG Sector Leaders ETF?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,08,138 in Mirae Asset Focused Fund (XIRR 5.8% a year) and ₹6,83,131 in Mirae Asset Nifty 100 ESG Sector Leaders ETF (XIRR 4.4% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Mirae Asset Focused Fund and Mirae Asset Nifty 100 ESG Sector Leaders ETF?
Yes. 40.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Mirae Asset Focused Fund and Mirae Asset Nifty 100 ESG Sector Leaders ETF?
Mirae Asset Focused Fund: Gaurav Misra, Varun Goel. Mirae Asset Nifty 100 ESG Sector Leaders ETF: Ekta Gala, amp, Vishal Singh.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.