Mirae Asset Flexi Cap Fund Direct Growth

Fund Overview

Fund Size

₹2,507 Cr

Expense Ratio

0.56%

ISIN

INF769K01JJ2

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

24 Feb 2023

About this fund

Mirae Asset Flexi Cap Fund Direct Growth is a Flexi Cap mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 1 years, 10 months and 29 days, having been launched on 24-Feb-23.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹14.91, Assets Under Management (AUM) of 2506.83 Crores, and an expense ratio of 0.56%.

Mirae Asset Flexi Cap Fund Direct Growth has given a CAGR return of 23.30% since inception.
The fund's asset allocation comprises around 98.02% in equities, 0.00% in debts, and 1.98% in cash & cash equivalents.
You can start investing in Mirae Asset Flexi Cap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+13.58%

+14.95% (Cat Avg.)

Since Inception

+23.30%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Equity	₹2,457.29 Cr	98.02%
Others	₹49.54 Cr	1.98%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹176.67 Cr	7.05%
ICICI Bank Ltd	Equity	₹123.42 Cr	4.92%
State Bank of India	Equity	₹87.03 Cr	3.47%
Infosys Ltd	Equity	₹86.1 Cr	3.43%
Reliance Industries Ltd	Equity	₹76.97 Cr	3.07%
Inventurus Knowledge Solutions Ltd	Equity	₹70.77 Cr	2.82%
Larsen & Toubro Ltd	Equity	₹64.47 Cr	2.57%
Tata Consultancy Services Ltd	Equity	₹61.68 Cr	2.46%
Axis Bank Ltd	Equity	₹59.14 Cr	2.36%
Treps	Cash - Repurchase Agreement	₹56.13 Cr	2.24%
Bharti Airtel Ltd	Equity	₹54.98 Cr	2.19%
GE Vernova T&D India Ltd	Equity	₹54.6 Cr	2.18%
CarTrade Tech Ltd	Equity	₹51.03 Cr	2.04%
Mankind Pharma Ltd	Equity	₹47.39 Cr	1.89%
Multi Commodity Exchange of India Ltd	Equity	₹41.77 Cr	1.67%
LTIMindtree Ltd	Equity	₹39.9 Cr	1.59%
Welspun Corp Ltd	Equity	₹39.5 Cr	1.58%
ITC Ltd	Equity	₹37.03 Cr	1.48%
Havells India Ltd	Equity	₹36.75 Cr	1.47%
Shriram Finance Ltd	Equity	₹36.02 Cr	1.44%
Bharat Electronics Ltd	Equity	₹35.41 Cr	1.41%
HDFC Asset Management Co Ltd	Equity	₹32.75 Cr	1.31%
DLF Ltd	Equity	₹30.52 Cr	1.22%
Neogen Chemicals Ltd	Equity	₹29.43 Cr	1.17%
Zensar Technologies Ltd	Equity	₹27.68 Cr	1.10%
Sobha Ltd	Equity	₹27.62 Cr	1.10%
Hyundai Motor India Ltd	Equity	₹27.56 Cr	1.10%
Brigade Enterprises Ltd	Equity	₹26.84 Cr	1.07%
Deepak Nitrite Ltd	Equity	₹26.55 Cr	1.06%
SBI Life Insurance Co Ltd	Equity	₹26.42 Cr	1.05%
Zomato Ltd	Equity	₹26.14 Cr	1.04%
Godrej Consumer Products Ltd	Equity	₹26.08 Cr	1.04%
General Insurance Corp of India	Equity	₹25.87 Cr	1.03%
Gravita India Ltd	Equity	₹25.79 Cr	1.03%
JNK India Ltd	Equity	₹25.63 Cr	1.02%
Cummins India Ltd	Equity	₹25.29 Cr	1.01%
Narayana Hrudayalaya Ltd	Equity	₹24.94 Cr	0.99%
Syngene International Ltd	Equity	₹24.82 Cr	0.99%
United Spirits Ltd	Equity	₹24.57 Cr	0.98%
JK Cement Ltd	Equity	₹24.44 Cr	0.98%
Dr Reddy's Laboratories Ltd	Equity	₹23.6 Cr	0.94%
Mahindra & Mahindra Ltd	Equity	₹23.36 Cr	0.93%
Cera Sanitaryware Ltd	Equity	₹23.36 Cr	0.93%
Wonderla Holidays Ltd	Equity	₹22.5 Cr	0.90%
Bank of Baroda	Equity	₹21.65 Cr	0.86%
Laurus Labs Ltd	Equity	₹21.09 Cr	0.84%
TVS Motor Co Ltd	Equity	₹20.61 Cr	0.82%
L&T Finance Ltd	Equity	₹20.48 Cr	0.82%
TD Power Systems Ltd	Equity	₹20.41 Cr	0.81%
Sun Pharmaceuticals Industries Ltd	Equity	₹20.37 Cr	0.81%
Jindal Steel & Power Ltd	Equity	₹19.75 Cr	0.79%
Krishna Institute of Medical Sciences Ltd	Equity	₹19.73 Cr	0.79%
Balkrishna Industries Ltd	Equity	₹19.33 Cr	0.77%
Wipro Ltd	Equity	₹19.32 Cr	0.77%
Varun Beverages Ltd	Equity	₹19.16 Cr	0.76%
Schaeffler India Ltd	Equity	₹19.05 Cr	0.76%
Asian Paints Ltd	Equity	₹17.11 Cr	0.68%
Tata Motors Ltd	Equity	₹17.02 Cr	0.68%
Oil & Natural Gas Corp Ltd	Equity	₹16.75 Cr	0.67%
Hindalco Industries Ltd	Equity	₹16.27 Cr	0.65%
Titan Co Ltd	Equity	₹16.27 Cr	0.65%
Motherson Sumi Wiring India Ltd	Equity	₹16 Cr	0.64%
Hindustan Unilever Ltd	Equity	₹15.76 Cr	0.63%
Coal India Ltd	Equity	₹15.75 Cr	0.63%
Sai Life Sciences Ltd	Equity	₹15.65 Cr	0.62%
Century Plyboards (India) Ltd	Equity	₹15.16 Cr	0.60%
Bharat Petroleum Corp Ltd	Equity	₹15.12 Cr	0.60%
Safari Industries (India) Ltd	Equity	₹12.92 Cr	0.52%
Go Digit General Insurance Ltd	Equity	₹12.92 Cr	0.52%
Birlasoft Ltd	Equity	₹12.54 Cr	0.50%
Praj Industries Ltd	Equity	₹12.45 Cr	0.50%
Electronics Mart India Ltd	Equity	₹12.14 Cr	0.48%
Kajaria Ceramics Ltd	Equity	₹11.82 Cr	0.47%
InterGlobe Aviation Ltd	Equity	₹11.25 Cr	0.45%
Cholamandalam Financial Holdings Ltd	Equity	₹10.94 Cr	0.44%
Tata Consumer Products Ltd	Equity	₹10.79 Cr	0.43%
Kotak Mahindra Bank Ltd	Equity	₹10.72 Cr	0.43%
ACME Solar Holdings Ltd	Equity	₹10.13 Cr	0.40%
Onesource Specialty Pharma Limited **	Equity	₹9.66 Cr	0.39%
Waaree Energies Ltd	Equity	₹9.2 Cr	0.37%
Strides Pharma Science Ltd	Equity	₹7.94 Cr	0.32%
Net Receivables / (Payables)	Cash	₹-6.58 Cr	0.26%
Sobha Ltd Ordinary Shares (Partly Paid Rs.5)	Equity	₹1.68 Cr	0.07%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹685.8 Cr	27.36%
Industrials	₹347.22 Cr	13.85%
Consumer Cyclical	₹283.92 Cr	11.33%
Healthcare	₹276.3 Cr	11.02%
Technology	₹256.43 Cr	10.23%
Basic Materials	₹188.21 Cr	7.51%
Consumer Defensive	₹133.39 Cr	5.32%
Energy	₹124.58 Cr	4.97%
Real Estate	₹86.66 Cr	3.46%
Communication Services	₹54.98 Cr	2.19%
Utilities	₹10.13 Cr	0.40%

Risk & Performance Ratios

Fund Managers

Varun Goel

Since April 2024

Additional Scheme Detailsas of 31st December 2024

ISIN

INF769K01JJ2

Expense Ratio

0.56%

Exit Load

1.00%

Fund Size

₹2,507 Cr

Age

1 year 10 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Flexi Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak Flexicap Fund Regular Growth Very High Risk	1.5%	1.0%	₹50425.90 Cr	11.8%
Baroda BNP Paribas Flexi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1313.24 Cr	13.8%
Baroda BNP Paribas Flexi Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹1313.24 Cr	12.4%
JM Flexicap Fund Regular Growth Very High Risk	1.8%	1.0%	₹5338.35 Cr	21.8%
ITI Flexi Cap Fund Direct Growth Very High Risk	0.2%	1.0%	₹1293.49 Cr	16.6%
ITI Flexi Cap Fund Regular Growth Very High Risk	2.0%	1.0%	₹1293.49 Cr	14.7%
Parag Parikh Flexi Cap Fund Regular Growth Very High Risk	1.3%	2.0%	₹87539.41 Cr	20.2%
Parag Parikh Flexi Cap Fund Direct Growth Very High Risk	0.6%	2.0%	₹87539.41 Cr	21.1%
Motilal Oswal Flexicap Fund Direct Growth Very High Risk	0.9%	1.0%	₹13162.07 Cr	25.8%
Motilal Oswal Flexicap Fund Regular Growth Very High Risk	1.7%	1.0%	₹13162.07 Cr	24.7%

About the AMC

Mirae Asset India Mutual Fund

022-6780 0300

https://www.miraeassetmf.co.in/

Total AUM

₹1,99,258 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth High Risk	0.5%	1.0%	₹1782.03 Cr	-
Mirae Asset Great Consumer Fund Direct Growth Very High Risk	0.5%	1.0%	₹4152.25 Cr	12.7%
Mirae Asset Cash Management Direct Growth Low to Moderate Risk	0.1%	0.0%	₹13916.38 Cr	7.4%
Mirae Asset Emerging Bluechip Direct Growth Very High Risk	0.6%	1.0%	₹38335.26 Cr	10.7%
Mirae Asset Large Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹38751.62 Cr	10.1%
Mirae Asset Savings Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1257.37 Cr	8.0%
Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1796.66 Cr	7.9%
Mirae Asset Focused Fund Direct Growth Very High Risk	0.6%	1.0%	₹8191.70 Cr	11.4%
Mirae Asset Dynamic Bond Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹119.28 Cr	8.1%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹2061.28 Cr	90.2%
Mirae Asset Hybrid Equity Fund Direct Growth Very High Risk	0.4%	1.0%	₹8893.40 Cr	11.4%
Mirae Asset Equity Allocator Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹863.79 Cr	9.9%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹98.26 Cr	7.8%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹700.67 Cr	63.3%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹806.24 Cr	8.6%
Mirae Asset Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1616.27 Cr	7.9%
Mirae Asset Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2506.83 Cr	13.6%
Mirae Asset Banking and Financial Services Fund Direct Growth Very High Risk	0.6%	1.0%	₹1799.51 Cr	9.5%
Mirae Asset Multicap Fund Direct Growth Very High Risk	0.5%	1.0%	₹3458.82 Cr	12.0%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹109.34 Cr	19.9%
Mirae Asset Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹25021.22 Cr	13.0%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹70.16 Cr	8.7%
Mirae Asset Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹41.76 Cr	8.5%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹80.99 Cr	50.0%
Mirae Asset Equity Savings Fund Direct Growth Moderately High risk	0.3%	1.0%	₹1360.61 Cr	10.5%
Mirae Asset Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹50.96 Cr	8.6%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth Very High Risk	0.3%	1.0%	₹325.74 Cr	35.1%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth Very High Risk	0.2%	1.0%	₹59.48 Cr	11.7%
Mirae Asset Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1005.84 Cr	6.7%
Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹346.22 Cr	8.6%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹253.32 Cr	9.7%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹93.84 Cr	7.8%
Mirae Asset Healthcare Fund Direct Growth Very High Risk	0.5%	1.0%	₹2863.52 Cr	29.0%
Mirae Asset Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹2930.80 Cr	8.2%
Mirae Asset Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹16693.99 Cr	12.1%
Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk	0.7%	1.0%	₹1779.30 Cr	10.1%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Mirae Asset Flexi Cap Fund Direct Growth?

The NAV of Mirae Asset Flexi Cap Fund Direct Growth, as of 21-Jan-2025, is ₹14.91.

What is the portfolio composition of Mirae Asset Flexi Cap Fund Direct Growth?

The fund's allocation of assets is distributed as 98.02% in equities, 0.00% in bonds, and 1.98% in cash and cash equivalents.

Who manages the Mirae Asset Flexi Cap Fund Direct Growth?

The fund managers responsible for Mirae Asset Flexi Cap Fund Direct Growth are:-

Varun Goel

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹2,507 Cr

Expense Ratio

0.56%

ISIN

INF769K01JJ2

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

24 Feb 2023

Risk Level

Your principal amount will be at Very High Risk