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.
₹15.74
▲1.2%1D
NAV as on 16 May 2025
22.53%/per year
Since Inception
▲▼
797 people have invested ₹ 79.7L 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 (16-May-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 (13-May-25)
Fund Distribution
as on (13-May-25)
Equity 98.6%
Debt & Cash 1.4%
Mirae Asset Flexi Cap Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Equity 98.6%
Debt & Cash 1.4%
Top 3 Sectors in April were Financial Services, Industrial & Consumer Cyclical
Financial Services
31%
Industrial
13%
Consumer Cyclical
11%
Financial Services
31%
Industrial
13%
Consumer Cyclical
11%
Mirae Asset Flexi Cap Fund Holdings Details
as on (30-Apr-25)
Equity
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 | 0.5% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹2658 Cr |
| Inception Date | 24 February, 2023 |
| Min Lumpsum/SIP | ₹5000/₹99 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 11.74% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| 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 . The fund could potentially beat inflation in the long-run.
Key Parameters
- Mirae Asset Flexi Cap Fund Direct Growth has ₹2658 Cr worth of assets under management (AUM) as on Apr 2025 and is less 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 22.53% since inception. Over the last 1 year the fund has given a CAGR return of 13.06%.
Holdings
Mirae Asset Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Basic Materials, Tech, Consumer Defensive, Energy, Real Estate, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, State Bank of India, Infosys 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.
- AUM of the fund stands at 2.7K Cr as of Apr'25
- AUM increased by 121 Cr between Apr'25 and Mar'25
More funds from Mirae
3Y CAGR
▲ 51.96
5Y CAGR
▲ 24.71
Frequently Asked Questions for Mirae Asset Flexi Cap Fund Direct Growth
What is the current NAV of Mirae Asset Flexi Cap Fund Direct Growth?
What are the average returns of Mirae Asset Flexi Cap Fund Direct Growth?
Mirae Asset Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.45% | 7.45% |
6 Month Returns | 4.83% | 4.83% |
1 Year Returns | 13.06% | 13.06% |
3 Years Returns | 0% | 0% |
How do I invest in Mirae Asset Flexi Cap Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Mirae Asset Flexi Cap Fund Direct Growth?
What is net assets under management (AUM) of Mirae Asset Flexi Cap Fund Direct Growth?
What are the top 5 holdings of Mirae Asset Flexi Cap Fund Direct Growth?
What are the top 3 sectors that this Mirae Asset Flexi Cap Fund Direct Growth has invested in?
What is the alpha of Mirae Asset Flexi Cap Fund Direct Growth?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Flexi Cap Fund Direct Growth | 1.28 | - | - |
What is the beta of Mirae Asset Flexi Cap Fund Direct Growth??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Flexi Cap Fund Direct Growth | 0.94 | - | - |
What is the sharpe ratio of Mirae Asset Flexi Cap Fund Direct Growth?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Flexi Cap Fund Direct Growth | 0.1 | - | - |
What is the standard deviation of Mirae Asset Flexi Cap Fund Direct Growth?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Flexi Cap Fund Direct Growth | 15.72 | - | - |