Fund Overview
Fund Size
₹2,384 Cr
Expense Ratio
1.98%
ISIN
INF769K01JG8
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
24 Feb 2023
About this fund
Mirae Asset Flexi Cap Fund Regular Growth is a Flexi Cap mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 1 years, 7 months and 29 days, having been launched on 24-Feb-23.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹15.08, Assets Under Management (AUM) of 2384.26 Crores, and an expense ratio of 1.98%.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹15.08, Assets Under Management (AUM) of 2384.26 Crores, and an expense ratio of 1.98%.
- Mirae Asset Flexi Cap Fund Regular Growth has given a CAGR return of 28.08% 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 Regular 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
+29.24%
+36.05% (Cat Avg.)
Since Inception
+28.08%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2024
| Equity | ₹2,357.38 Cr | 98.87% |
| Others | ₹26.88 Cr | 1.13% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹147.83 Cr | 6.20% |
| ICICI Bank Ltd | Equity | ₹116.61 Cr | 4.89% |
| State Bank of India | Equity | ₹86.26 Cr | 3.62% |
| Reliance Industries Ltd | Equity | ₹86.12 Cr | 3.61% |
| Infosys Ltd | Equity | ₹85.9 Cr | 3.60% |
| Axis Bank Ltd | Equity | ₹68.45 Cr | 2.87% |
| Larsen & Toubro Ltd | Equity | ₹65.69 Cr | 2.76% |
| Tata Consultancy Services Ltd | Equity | ₹64.29 Cr | 2.70% |
| Bharti Airtel Ltd | Equity | ₹59.2 Cr | 2.48% |
| NTPC Ltd | Equity | ₹52.52 Cr | 2.20% |
| GE T&D India Ltd | Equity | ₹50.43 Cr | 2.12% |
| Shriram Finance Ltd | Equity | ₹49.26 Cr | 2.07% |
| LTIMindtree Ltd | Equity | ₹44.61 Cr | 1.87% |
| Mankind Pharma Ltd | Equity | ₹41.47 Cr | 1.74% |
| ITC Ltd | Equity | ₹39.67 Cr | 1.66% |
| Multi Commodity Exchange of India Ltd | Equity | ₹37.92 Cr | 1.59% |
| CarTrade Tech Ltd | Equity | ₹37.32 Cr | 1.57% |
| Welspun Corp Ltd | Equity | ₹37.19 Cr | 1.56% |
| Birlasoft Ltd | Equity | ₹36.11 Cr | 1.51% |
| SBI Life Insurance Co Ltd | Equity | ₹35.04 Cr | 1.47% |
| Havells India Ltd | Equity | ₹34.1 Cr | 1.43% |
| Sobha Ltd | Equity | ₹33.99 Cr | 1.43% |
| DLF Ltd | Equity | ₹33.12 Cr | 1.39% |
| IndusInd Bank Ltd | Equity | ₹31.92 Cr | 1.34% |
| Deepak Nitrite Ltd | Equity | ₹30.94 Cr | 1.30% |
| Treps | Cash - Repurchase Agreement | ₹30.82 Cr | 1.29% |
| Brigade Enterprises Ltd | Equity | ₹30.6 Cr | 1.28% |
| Bharat Electronics Ltd | Equity | ₹29.88 Cr | 1.25% |
| Cummins India Ltd | Equity | ₹29.4 Cr | 1.23% |
| Zensar Technologies Ltd | Equity | ₹29.04 Cr | 1.22% |
| L&T Finance Ltd | Equity | ₹28.06 Cr | 1.18% |
| Neogen Chemicals Ltd | Equity | ₹27.26 Cr | 1.14% |
| Wonderla Holidays Ltd | Equity | ₹26.81 Cr | 1.12% |
| Electronics Mart India Ltd | Equity | ₹26.26 Cr | 1.10% |
| Syngene International Ltd | Equity | ₹25.97 Cr | 1.09% |
| Zomato Ltd | Equity | ₹25.69 Cr | 1.08% |
| JNK India Ltd | Equity | ₹25.52 Cr | 1.07% |
| Asian Paints Ltd | Equity | ₹24.97 Cr | 1.05% |
| JK Cement Ltd | Equity | ₹24.7 Cr | 1.04% |
| United Spirits Ltd | Equity | ₹24.04 Cr | 1.01% |
| Maruti Suzuki India Ltd | Equity | ₹23.17 Cr | 0.97% |
| General Insurance Corp of India | Equity | ₹23.03 Cr | 0.97% |
| Dr Reddy's Laboratories Ltd | Equity | ₹22.96 Cr | 0.96% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹22.47 Cr | 0.94% |
| Tata Motors Ltd | Equity | ₹22.42 Cr | 0.94% |
| HDFC Asset Management Co Ltd | Equity | ₹22.36 Cr | 0.94% |
| Jindal Steel & Power Ltd | Equity | ₹22.06 Cr | 0.93% |
| Schaeffler India Ltd | Equity | ₹21.89 Cr | 0.92% |
| Laurus Labs Ltd | Equity | ₹21.79 Cr | 0.91% |
| Indian Hotels Co Ltd | Equity | ₹21.38 Cr | 0.90% |
| Apollo Tyres Ltd | Equity | ₹21.09 Cr | 0.88% |
| Coal India Ltd | Equity | ₹20.92 Cr | 0.88% |
| Oil & Natural Gas Corp Ltd | Equity | ₹20.83 Cr | 0.87% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹20.81 Cr | 0.87% |
| Hindalco Industries Ltd | Equity | ₹20.42 Cr | 0.86% |
| Balkrishna Industries Ltd | Equity | ₹20.26 Cr | 0.85% |
| Hindustan Unilever Ltd | Equity | ₹20.04 Cr | 0.84% |
| Godrej Consumer Products Ltd | Equity | ₹19.51 Cr | 0.82% |
| Bharat Petroleum Corp Ltd | Equity | ₹19.13 Cr | 0.80% |
| TD Power Systems Ltd | Equity | ₹18.97 Cr | 0.80% |
| Mahindra & Mahindra Ltd | Equity | ₹18.16 Cr | 0.76% |
| Cera Sanitaryware Ltd | Equity | ₹16.06 Cr | 0.67% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹15.99 Cr | 0.67% |
| Kajaria Ceramics Ltd | Equity | ₹14.95 Cr | 0.63% |
| Century Plyboards (India) Ltd | Equity | ₹13.34 Cr | 0.56% |
| Praj Industries Ltd | Equity | ₹12.16 Cr | 0.51% |
| InterGlobe Aviation Ltd | Equity | ₹11.83 Cr | 0.50% |
| Titan Co Ltd | Equity | ₹11.47 Cr | 0.48% |
| Kotak Mahindra Bank Ltd | Equity | ₹11.12 Cr | 0.47% |
| TVS Motor Co Ltd | Equity | ₹10.22 Cr | 0.43% |
| Go Digit General Insurance Ltd | Equity | ₹7.76 Cr | 0.33% |
| Net Receivables / (Payables) | Cash | ₹-3.95 Cr | 0.17% |
| Sobha Ltd Ordinary Shares (Partly Paid Rs.5) | Equity | ₹2.41 Cr | 0.10% |
| Safari Industries (India) Ltd | Equity | ₹2.27 Cr | 0.10% |
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
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹681.62 Cr | 28.59% |
| Industrials | ₹308.97 Cr | 12.96% |
| Consumer Cyclical | ₹288.42 Cr | 12.10% |
| Technology | ₹259.96 Cr | 10.90% |
| Basic Materials | ₹200.87 Cr | 8.43% |
| Healthcare | ₹155.46 Cr | 6.52% |
| Energy | ₹146.99 Cr | 6.17% |
| Consumer Defensive | ₹103.26 Cr | 4.33% |
| Real Estate | ₹100.12 Cr | 4.20% |
| Communication Services | ₹59.2 Cr | 2.48% |
| Utilities | ₹52.52 Cr | 2.20% |
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 INF769K01JG8 | Expense Ratio 1.98% | Exit Load 1.00% | Fund Size ₹2,384 Cr | Age 1 year 7 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 | 1.4% | 1.0% | ₹53844.12 Cr | 31.0% |
| Baroda BNP Paribas Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1395.02 Cr | 38.9% |
| Baroda BNP Paribas Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1395.02 Cr | 37.2% |
| JM Flexicap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹4531.48 Cr | 49.0% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1285.02 Cr | 46.0% |
| ITI Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1285.02 Cr | 43.5% |
| Parag Parikh Flexi Cap Fund Regular Growth Very High Risk | 1.3% | 2.0% | ₹82441.07 Cr | 35.9% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹82441.07 Cr | 36.9% |
| Motilal Oswal Flexicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹12563.85 Cr | 54.3% |
| Motilal Oswal Flexicap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹12563.85 Cr | 53.0% |
About the AMC
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
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Mirae Asset Flexi Cap Fund Regular Growth?
The NAV of Mirae Asset Flexi Cap Fund Regular Growth, as of 22-Oct-2024, is ₹15.08.
What is the portfolio composition of Mirae Asset Flexi Cap Fund Regular Growth?
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.
Who manages the Mirae Asset Flexi Cap Fund Regular Growth?
The fund managers responsible for Mirae Asset Flexi Cap Fund Regular 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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.