Fund Overview
Fund Size
₹2,072 Cr
Expense Ratio
2.02%
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, 5 months and 2 days, having been launched on 24-Feb-23.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹14.94, Assets Under Management (AUM) of 2072.15 Crores, and an expense ratio of 2.02%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹14.94, Assets Under Management (AUM) of 2072.15 Crores, and an expense ratio of 2.02%.
- Mirae Asset Flexi Cap Fund Regular Growth has given a CAGR return of 32.80% since inception.
- The fund's asset allocation comprises around 96.52% in equities, 0.00% in debts, and 3.48% 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
+28.80%
+38.87% (Cat Avg.)
Since Inception
+32.80%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹2,000.14 Cr | 96.52% |
| Others | ₹72.01 Cr | 3.48% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹143.72 Cr | 6.94% |
| ICICI Bank Ltd | Equity | ₹102.69 Cr | 4.96% |
| State Bank of India | Equity | ₹92.95 Cr | 4.49% |
| Reliance Industries Ltd | Equity | ₹83.16 Cr | 4.01% |
| Treps | Cash - Repurchase Agreement | ₹77.46 Cr | 3.74% |
| Axis Bank Ltd | Equity | ₹70.28 Cr | 3.39% |
| Infosys Ltd | Equity | ₹64.71 Cr | 3.12% |
| Larsen & Toubro Ltd | Equity | ₹63.42 Cr | 3.06% |
| NTPC Ltd | Equity | ₹60.96 Cr | 2.94% |
| Tata Consultancy Services Ltd | Equity | ₹51 Cr | 2.46% |
| Bharti Airtel Ltd | Equity | ₹50.01 Cr | 2.41% |
| Divi's Laboratories Ltd | Equity | ₹42.29 Cr | 2.04% |
| Birlasoft Ltd | Equity | ₹41.42 Cr | 2.00% |
| Shriram Finance Ltd | Equity | ₹40.1 Cr | 1.94% |
| LTIMindtree Ltd | Equity | ₹38.47 Cr | 1.86% |
| Mankind Pharma Ltd | Equity | ₹35.03 Cr | 1.69% |
| Sobha Ltd | Equity | ₹34.27 Cr | 1.65% |
| Laurus Labs Ltd | Equity | ₹33.83 Cr | 1.63% |
| Jindal Steel & Power Ltd | Equity | ₹32.6 Cr | 1.57% |
| ITC Ltd | Equity | ₹32.53 Cr | 1.57% |
| IndusInd Bank Ltd | Equity | ₹32.29 Cr | 1.56% |
| Bharat Electronics Ltd | Equity | ₹32.06 Cr | 1.55% |
| JNK India Ltd | Equity | ₹31.92 Cr | 1.54% |
| Havells India Ltd | Equity | ₹30.87 Cr | 1.49% |
| DLF Ltd | Equity | ₹30.52 Cr | 1.47% |
| Electronics Mart India Ltd | Equity | ₹29.17 Cr | 1.41% |
| Brigade Enterprises Ltd | Equity | ₹29.11 Cr | 1.40% |
| Godrej Consumer Products Ltd | Equity | ₹28.85 Cr | 1.39% |
| Balkrishna Industries Ltd | Equity | ₹28.71 Cr | 1.39% |
| Indian Hotels Co Ltd | Equity | ₹28.27 Cr | 1.36% |
| Schaeffler India Ltd | Equity | ₹26.51 Cr | 1.28% |
| Multi Commodity Exchange of India Ltd | Equity | ₹26.29 Cr | 1.27% |
| Raymond Ltd | Equity | ₹24.61 Cr | 1.19% |
| Cummins India Ltd | Equity | ₹23.5 Cr | 1.13% |
| JK Cement Ltd | Equity | ₹23.35 Cr | 1.13% |
| Tata Motors Ltd | Equity | ₹22.76 Cr | 1.10% |
| Canara Bank | Equity | ₹22.34 Cr | 1.08% |
| L&T Finance Ltd | Equity | ₹21.92 Cr | 1.06% |
| Kotak Mahindra Bank Ltd | Equity | ₹21.63 Cr | 1.04% |
| Neogen Chemicals Ltd | Equity | ₹20.95 Cr | 1.01% |
| Syngene International Ltd | Equity | ₹20.53 Cr | 0.99% |
| Cera Sanitaryware Ltd | Equity | ₹19.79 Cr | 0.96% |
| Coal India Ltd | Equity | ₹19.4 Cr | 0.94% |
| United Spirits Ltd | Equity | ₹19.3 Cr | 0.93% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹19.26 Cr | 0.93% |
| Zomato Ltd | Equity | ₹18.85 Cr | 0.91% |
| Hindalco Industries Ltd | Equity | ₹18.73 Cr | 0.90% |
| Wonderla Holidays Ltd | Equity | ₹17.32 Cr | 0.84% |
| Hindustan Unilever Ltd | Equity | ₹16.75 Cr | 0.81% |
| Bajaj Finance Ltd | Equity | ₹16.72 Cr | 0.81% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹16.42 Cr | 0.79% |
| TD Power Systems Ltd | Equity | ₹16.09 Cr | 0.78% |
| Bharat Petroleum Corp Ltd | Equity | ₹15.71 Cr | 0.76% |
| Kajaria Ceramics Ltd | Equity | ₹14.36 Cr | 0.69% |
| Fusion Finance Ltd | Equity | ₹12.01 Cr | 0.58% |
| Maruti Suzuki India Ltd | Equity | ₹11.67 Cr | 0.56% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹11.37 Cr | 0.55% |
| UltraTech Cement Ltd | Equity | ₹10.99 Cr | 0.53% |
| InterGlobe Aviation Ltd | Equity | ₹10.45 Cr | 0.50% |
| Titan Co Ltd | Equity | ₹10.21 Cr | 0.49% |
| Power Grid Corp Of India Ltd | Equity | ₹9.43 Cr | 0.46% |
| TVS Motor Co Ltd | Equity | ₹8.51 Cr | 0.41% |
| Go Digit General Insurance Ltd | Equity | ₹6.21 Cr | 0.30% |
| Craftsman Automation Ltd | Equity | ₹5.89 Cr | 0.28% |
| Net Receivables / (Payables) | Cash | ₹-5.45 Cr | 0.26% |
| Yatra Online Ltd | Equity | ₹2.49 Cr | 0.12% |
| Safari Industries (India) Ltd | Equity | ₹1.97 Cr | 0.09% |
| Sobha Limited | Equity | ₹0.66 Cr | 0.03% |
Allocation By Market Cap (Equity)
Large Cap Stocks
68.93%
Mid Cap Stocks
8.64%
Small Cap Stocks
18.92%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹620.51 Cr | 29.95% |
| Industrials | ₹242.45 Cr | 11.70% |
| Consumer Cyclical | ₹236.95 Cr | 11.44% |
| Technology | ₹195.59 Cr | 9.44% |
| Healthcare | ₹167.36 Cr | 8.08% |
| Energy | ₹118.27 Cr | 5.71% |
| Basic Materials | ₹106.62 Cr | 5.15% |
| Consumer Defensive | ₹97.43 Cr | 4.70% |
| Real Estate | ₹93.9 Cr | 4.53% |
| Utilities | ₹70.39 Cr | 3.40% |
| Communication Services | ₹50.01 Cr | 2.41% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
12.88%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.89
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.63
Higher the better
Fund Managers
VG
Varun Goel
Since April 2024
Additional Scheme Detailsas of 30th June 2024
ISIN | INF769K01JG8 | Expense Ratio | 2.02% | Exit Load | 1.00% | Fund Size | ₹2,072 Cr | Age | 24 Feb 2023 | 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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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% | ₹51094.44 Cr | 36.1% |
| Baroda BNP Paribas Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1342.80 Cr | 40.3% |
| Baroda BNP Paribas Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1342.80 Cr | 38.5% |
| JM Flexicap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹2472.06 Cr | 64.8% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1116.40 Cr | 50.2% |
| ITI Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1116.40 Cr | 47.5% |
| Parag Parikh Flexi Cap Fund Regular Growth Very High Risk | 1.3% | 2.0% | ₹71700.48 Cr | 36.6% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹71700.48 Cr | 37.6% |
| Motilal Oswal Flexicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹11126.36 Cr | 55.9% |
| Motilal Oswal Flexicap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹11126.36 Cr | 54.6% |
About the AMC
Total AUM
₹1,73,546 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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We're here to help.
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 25-Jul-2024, is ₹14.94.
What is the portfolio composition of Mirae Asset Flexi Cap Fund Regular Growth?
The fund's allocation of assets is distributed as 96.52% in equities, 0.00% in bonds, and 3.48% 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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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.