An open-ended equity scheme investing in a maximum of 30 stocks intending to focus in large cap, mid cap and small cap category (i.e., Multi-cap). The Fund aims to identify and stay invested with long term wealth creators. Mirae Focused Fund Strategy:(i.) Focused approach with investments a limited number of stocks. (ii.) Flexibility to invest across market capitalization. (iii.) Aim to build a portfolio of strong growth companies, reflecting the most attractive investment ideas available to the Fund. (iv.) Aim to create a robust portfolio to avoid concentration risk and liquidity risk. Risk Mitigation Measures: (i.) Adequate Sector Diversification, with an eye on benchmark weights (ii.) Active and nimble portfolio management. (iii.) The cap on the number of stocks means forced displacement – Only the best ideas remain in the portfolio (iv.) Invest in good quality companies i.e. companies with large market opportunities, sustainable competitive advantage, high return ratios, and strong management.

Positive Factors for the NFO (i.) Consumption continues to remain a strong driver of the economy (ii.) Government finances are expected to improve with GST stabilization (iii.) Small Caps have the potential to scale up due to the presence in large organized sectors (iv.) Last Year’s correction has resulted in moderation of valuation in Small Caps. (v.) The advantage of investments in some sectors like Chemicals, Hotels, Logistics, Sugar, and Tea can be best effected through small cap stocks. Principal Small Cap Fund will follow a Bottom-Up Stock Selection approach taking into consideration parameters like Liquidity with Low Volatility, Management Quality, Track Record and Growth Outlook. The Fund will practice a Buy and Hold Strategy with 2 to 3 years’ horizon. Additional features like Smart Trigger Enabled Plan *, Auto Trigger Plans will be available for this fund.

This Public issue is by way of Tranche 1 Secured, Rated, Listed, Redeemable Non Convertible Debentures of face value Rs.1,000 each. Minimum Application is 10 NCDs (Rs.10,000). Tenure and Yields: (I.) 24 months, Annual, Effective Yield 9.89% (II.) 24 months, Cumulative, Effective Yield 9.90% (III) 36 months, Annual, Effective Yield 10.19% (IV.) 36 months, Cumulative, Effective Yield 10.20% (V.) 60 months, Monthly, Effective Yield 10.51% (V.I) 60 months, Annual, Effective Yield 10.49%. The NCDs are proposed to be listed in BSE.