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Fund Overview

Fund Size

Fund Size

₹2,384 Cr

Expense Ratio

Expense Ratio

0.54%

ISIN

ISIN

INF769K01JJ2

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

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, 8 months and 7 days, having been launched on 24-Feb-23.
As of 30-Oct-24, it has a Net Asset Value (NAV) of ₹15.39, Assets Under Management (AUM) of 2384.26 Crores, and an expense ratio of 0.54%.
  • Mirae Asset Flexi Cap Fund Direct Growth has given a CAGR return of 29.22% since inception.
  • The fund's asset allocation comprises around 98.87% in equities, 0.00% in debts, and 1.13% 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

+32.99%

+38.29% (Cat Avg.)

Since Inception

+29.22%

(Cat Avg.)

Portfolio Summaryas of 30th September 2024

Equity2,357.38 Cr98.87%
Others26.88 Cr1.13%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity147.83 Cr6.20%
ICICI Bank LtdEquity116.61 Cr4.89%
State Bank of IndiaEquity86.26 Cr3.62%
Reliance Industries LtdEquity86.12 Cr3.61%
Infosys LtdEquity85.9 Cr3.60%
Axis Bank LtdEquity68.45 Cr2.87%
Larsen & Toubro LtdEquity65.69 Cr2.76%
Tata Consultancy Services LtdEquity64.29 Cr2.70%
Bharti Airtel LtdEquity59.2 Cr2.48%
NTPC LtdEquity52.52 Cr2.20%
GE T&D India LtdEquity50.43 Cr2.12%
Shriram Finance LtdEquity49.26 Cr2.07%
LTIMindtree LtdEquity44.61 Cr1.87%
Mankind Pharma LtdEquity41.47 Cr1.74%
ITC LtdEquity39.67 Cr1.66%
Multi Commodity Exchange of India LtdEquity37.92 Cr1.59%
CarTrade Tech LtdEquity37.32 Cr1.57%
Welspun Corp LtdEquity37.19 Cr1.56%
Birlasoft LtdEquity36.11 Cr1.51%
SBI Life Insurance Co LtdEquity35.04 Cr1.47%
Havells India LtdEquity34.1 Cr1.43%
Sobha LtdEquity33.99 Cr1.43%
DLF LtdEquity33.12 Cr1.39%
IndusInd Bank LtdEquity31.92 Cr1.34%
Deepak Nitrite LtdEquity30.94 Cr1.30%
TrepsCash - Repurchase Agreement30.82 Cr1.29%
Brigade Enterprises LtdEquity30.6 Cr1.28%
Bharat Electronics LtdEquity29.88 Cr1.25%
Cummins India LtdEquity29.4 Cr1.23%
Zensar Technologies LtdEquity29.04 Cr1.22%
L&T Finance LtdEquity28.06 Cr1.18%
Neogen Chemicals LtdEquity27.26 Cr1.14%
Wonderla Holidays LtdEquity26.81 Cr1.12%
Electronics Mart India LtdEquity26.26 Cr1.10%
Syngene International LtdEquity25.97 Cr1.09%
Zomato LtdEquity25.69 Cr1.08%
JNK India LtdEquity25.52 Cr1.07%
Asian Paints LtdEquity24.97 Cr1.05%
JK Cement LtdEquity24.7 Cr1.04%
United Spirits LtdEquity24.04 Cr1.01%
Maruti Suzuki India LtdEquity23.17 Cr0.97%
General Insurance Corp of IndiaEquity23.03 Cr0.97%
Dr Reddy's Laboratories LtdEquity22.96 Cr0.96%
Krishna Institute of Medical Sciences LtdEquity22.47 Cr0.94%
Tata Motors LtdEquity22.42 Cr0.94%
HDFC Asset Management Co LtdEquity22.36 Cr0.94%
Jindal Steel & Power LtdEquity22.06 Cr0.93%
Schaeffler India LtdEquity21.89 Cr0.92%
Laurus Labs LtdEquity21.79 Cr0.91%
Indian Hotels Co LtdEquity21.38 Cr0.90%
Apollo Tyres LtdEquity21.09 Cr0.88%
Coal India LtdEquity20.92 Cr0.88%
Oil & Natural Gas Corp LtdEquity20.83 Cr0.87%
Sun Pharmaceuticals Industries LtdEquity20.81 Cr0.87%
Hindalco Industries LtdEquity20.42 Cr0.86%
Balkrishna Industries LtdEquity20.26 Cr0.85%
Hindustan Unilever LtdEquity20.04 Cr0.84%
Godrej Consumer Products LtdEquity19.51 Cr0.82%
Bharat Petroleum Corp LtdEquity19.13 Cr0.80%
TD Power Systems LtdEquity18.97 Cr0.80%
Mahindra & Mahindra LtdEquity18.16 Cr0.76%
Cera Sanitaryware LtdEquity16.06 Cr0.67%
Cholamandalam Financial Holdings LtdEquity15.99 Cr0.67%
Kajaria Ceramics LtdEquity14.95 Cr0.63%
Century Plyboards (India) LtdEquity13.34 Cr0.56%
Praj Industries LtdEquity12.16 Cr0.51%
InterGlobe Aviation LtdEquity11.83 Cr0.50%
Titan Co LtdEquity11.47 Cr0.48%
Kotak Mahindra Bank LtdEquity11.12 Cr0.47%
TVS Motor Co LtdEquity10.22 Cr0.43%
Go Digit General Insurance LtdEquity7.76 Cr0.33%
Net Receivables / (Payables)Cash-3.95 Cr0.17%
Sobha Ltd Ordinary Shares (Partly Paid Rs.5)Equity2.41 Cr0.10%
Safari Industries (India) LtdEquity2.27 Cr0.10%

Allocation By Market Cap (Equity)

Large Cap Stocks

64.66%

Mid Cap Stocks

11.61%

Small Cap Stocks

22.60%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services681.62 Cr28.59%
Industrials308.97 Cr12.96%
Consumer Cyclical288.42 Cr12.10%
Technology259.96 Cr10.90%
Basic Materials200.87 Cr8.43%
Healthcare155.46 Cr6.52%
Energy146.99 Cr6.17%
Consumer Defensive103.26 Cr4.33%
Real Estate100.12 Cr4.20%
Communication Services59.2 Cr2.48%
Utilities52.52 Cr2.20%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

12.92%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.96

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.82

Higher the better

Fund Managers

VG

Varun Goel

Since April 2024

Additional Scheme Detailsas of 30th September 2024

ISIN
INF769K01JJ2
Expense Ratio
0.54%
Exit Load
1.00%
Fund Size
₹2,384 Cr
Age
1 year 8 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
Kotak Flexicap Fund Regular Growth

Very High Risk

1.4%1.0%₹53844.12 Cr33.5%
Baroda BNP Paribas Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹1395.02 Cr41.1%
Baroda BNP Paribas Flexi Cap Fund Regular Growth

Very High Risk

2.1%1.0%₹1395.02 Cr39.4%
JM Flexicap Fund Regular Growth

Very High Risk

1.8%1.0%₹4531.48 Cr54.0%
ITI Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹1285.02 Cr50.2%
ITI Flexi Cap Fund Regular Growth

Very High Risk

2.1%1.0%₹1285.02 Cr47.7%
Parag Parikh Flexi Cap Fund Regular Growth

Very High Risk

1.3%2.0%₹82441.07 Cr38.3%
Parag Parikh Flexi Cap Fund Direct Growth

Very High Risk

0.6%2.0%₹82441.07 Cr39.3%
Motilal Oswal Flexicap Fund Direct Growth

Very High Risk

0.9%1.0%₹12563.85 Cr55.8%
Motilal Oswal Flexicap Fund Regular Growth

Very High Risk

1.7%1.0%₹12563.85 Cr54.5%

About the AMC

Mirae Asset India Mutual Fund

Mirae Asset India Mutual Fund

Total AUM

₹1,97,338 Cr

Address

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

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1704.72 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹4496.23 Cr37.8%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹10348.55 Cr7.5%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹40670.04 Cr35.0%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹42179.27 Cr28.9%
Mirae Asset Savings Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1150.94 Cr8.1%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1533.62 Cr7.9%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8653.39 Cr30.0%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹138.54 Cr8.6%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1462.42 Cr65.1%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹9481.01 Cr28.3%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹896.97 Cr35.0%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹110.61 Cr31.1%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹536.14 Cr43.9%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹759.41 Cr9.2%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1458.90 Cr7.9%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2384.26 Cr33.0%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1882.18 Cr27.7%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹3473.13 Cr38.0%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹121.28 Cr49.9%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹26417.64 Cr36.2%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹69.12 Cr9.6%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹43.00 Cr8.6%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹87.85 Cr45.0%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹1324.70 Cr18.7%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹55.77 Cr8.6%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹316.79 Cr48.7%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹65.07 Cr10.8%
Mirae Asset Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹989.35 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹341.86 Cr8.7%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹262.70 Cr11.0%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹88.51 Cr8.1%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2793.61 Cr54.0%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2772.50 Cr8.2%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹17787.87 Cr39.7%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1770.05 Cr21.8%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Mirae Asset Flexi Cap Fund Direct Growth, as of 30-Oct-2024, is ₹15.39.
The fund's allocation of assets is distributed as 98.87% in equities, 0.00% in bonds, and 1.13% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Flexi Cap Fund Direct Growth are:-
  1. Varun Goel