Mirae Asset Flexi Cap Fund Direct Growth

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Equity

Direct

Flexi Cap

NAV: ₹ 9.8 as on 22-03-2023

Overview Distribution Peer Analysis

Fund Performance

180 people have invested ₹ 31.9L in mutual fund in the last three months

About the 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 Vrijesh Kasera. The fund could potentially beat inflation in the long-run.

Key parameters

1) Mirae Asset Flexi Cap Fund Direct Growth has a NAV of ₹9.83 as on 22-03-2023.

2) Mirae Asset Flexi Cap Fund Direct Growth has ₹604 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.

3) The fund has an expense ratio 0 %.

Mirae Asset Flexi Cap Fund Direct Growth Overview

Expense ratio	--
Benchmark	S&P BSE 500 India TR INR
AUM	₹604 Cr
Inception Date	24 February, 2023
Min Lumpsum/SIP	₹5000/₹1000
Exit Load	1%
Lock In	No Lock-in
TurnOver	0%

Fund Distribution as on (28-Feb-23)

Equity 40.4%
Debt & Cash 59.6%

Sector Allocation

Feb'23

Jan'23

Financial Services

44.4%

Tech

14.7%

Energy

12.9%

Industrial

6.6%

Consumer Defensive

6.1%

Communication

5.5%

Consumer Cyclical

3.8%

Health

3.5%

Basic Materials

2.3%

Utilities

0.3%

Gainers & Losers in Mirae Asset Flexi Cap Fund Direct Growth portfolio as on (28-Feb-23)

Top Growth Drivers	1M Return
Bajaj Finserv Ltd	5.3%
ITC Ltd	4.2%
ICICI Bank Ltd	0.8%

Top Losers	1M Return
Hindalco Industries Ltd	-14.7%
Sun Pharmaceuticals Industries Ltd	-5.7%
Infosys Ltd	-4.1%

Peer Analysis

Returns %
Fund Ratios
Overview

Funds	1Y Returns	3Y Returns	5Y Returns	Since Inception
Mirae Asset Flexi Cap Fund Direct Growth	-	-	-	-1.7%
SBI Flexicap Fund Direct Growth	-1.2%	25.3%	11.1%	15.3%
Parag Parikh Flexi Cap Direct Growth	2.5%	33.8%	17.8%	18.5%
HDFC Flexi Cap Fund -Direct Plan - Growth Option	11.7%	34.6%	14.2%	14.6%
Axis Flexi Cap Fund Direct Growth	-8.4%	18.1%	12.5%	11.5%
Kotak Flexicap Fund Direct Growth	3.8%	25%	11.7%	15.4%
Canara Robeco Flexi Cap Fund Direct Plan Growth Option	-1.2%	24.9%	13.9%	13.5%
ICICI Prudential Flexicap Fund Direct Growth	6.6%	-	-	7.7%
Franklin India Flexi Cap Fund Direct Growth	3.2%	31.2%	12.2%	14.9%
UTI Flexi Cap Fund - Growth Option - Direct	-9.1%	22.6%	12.3%	13.5%
Aditya Birla Sun Life Flexi Cap Fund Direct Plan Growth	-2.5%	25.1%	10.6%	15.2%

Mirae Asset Flexi Cap Fund Direct Growth Fund Manager

Vrijesh Kasera

Fund Manager of Mirae Asset Flexi Cap Fund Direct Growth, since 24 February 2023

Top funds managed

Scheme	Annualised Returns(3Y)	Category Returns(3Y)
Mirae Asset Healthcare Fund Direct Growth	25.4%	22.03%
Mirae Asset Hybrid Equity Fund -Direct Plan-Growth	21.88%	21.12%
Mirae Asset Equity Savings Fund Direct Growth	16.09%	12.4%

Fund Highlights

Moderately High risk

Investors understand that their principal will be at Moderately High risk

Fund Allocations

This fund has an allocation of 40.38% in Equity, 0% in Debt and 59.62% in Cash related instruments

AUM size ₹604 Cr

This fund has AUM of ₹604 Cr which is less than its category average of ₹ 5937 Cr

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.