Mirae Asset Flexi Cap Fund Direct Growth
Get the latest NAV of Mirae Asset Flexi Cap Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹16.68
▲0.6%1D
NAV as on 17 Sep 2025
21.95%/per year
Since Inception
▲▼
959 people have invested ₹ 90.5L in Mirae Asset Flexi Cap Fund Direct Growth in the last three months
Mirae Asset Flexi Cap Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (17-Sep-25)
The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.
Peer comparison
Mirae Asset Flexi Cap Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Flexi Cap Fund Asset Allocation
See fund asset allocation details as on (14-Sep-25)
Fund Distribution
as on (14-Sep-25)
Mirae Asset Flexi Cap Fund Sector Allocation
See fund sector allocation details as on (14-Sep-25)
Sector Allocation
Top 3 Sectors in August were Financial Services, Consumer Cyclical & Industrial
Financial Services
31%
Consumer Cyclical
13%
Health
11%
Financial Services
32%
Consumer Cyclical
11%
Industrial
10%
Mirae Asset Flexi Cap Fund Holdings Details
as on (31-Aug-25)
Mirae Asset Flexi Cap Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.49% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹3012 Cr |
| Inception Date | 24 February, 2023 |
| Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 45.1% |
| Risk |   Very High Risk |
About Mirae Asset Flexi Cap Fund
Mirae Asset Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 24 February, 2023. The fund is managed by Varun Goel. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mirae Asset Flexi Cap Fund Direct Growth has ₹3012 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Mirae Asset Flexi Cap Fund Direct Growth has given a CAGR return of 21.95% since inception. Over the last 1 year the fund has given a CAGR return of 3.48%.
Holdings
Mirae Asset Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Industrial, Basic Materials, Tech, Energy, Consumer Defensive, Communication, Real Estate, Utilities, Corporate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, State Bank of India, Bharti Airtel Ltd
Taxation
As it is a flexi cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Mirae Asset Flexi Cap Fund Direct Growth
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related instruments across market capitalization. However, there is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Flexi Cap Fund Direct Growth has no lock in period.
Fund Manager
Varun Goel
Fund Manager of Mirae Asset Flexi Cap Fund Direct Growth, since 3 April 2024
- AUM of the fund stands at 3K Cr as of Aug'25
- AUM increased by 16.9 Cr between Aug'25 and Jul'25
Frequently Asked Questions for Mirae Asset Flexi Cap Fund Direct Growth
How do I invest in Mirae Asset Flexi Cap Fund?
- Download the INDmoney app.
- Search for ‘Mirae Asset Flexi Cap Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.