Mirae Asset Flexi Cap Fund Direct Growth

Mirae Asset Flexi Cap Fund Direct Growth

Equity

Mirae Mutual Fund

Flexi Cap

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.

₹16.44

▲0.1%1D

NAV as on 01 Jul 2025

23.7%/per year

Since Inception

Absolute Gain%

▲▼

750 people have invested ₹ 55.4L 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 (01-Jul-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
This Fund
Nifty 500
Category Avg
1 Month
4.31%
3.57%
3.79%
3 Months
11.53%
12.08%
10.88%
6 Months
5.7%
5.04%
2.54%
1 Year
8.66%
3.91%
4.92%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mirae Asset Flexi Cap Fund
-
2,815Cr
0.5%
8.66%
-
23.7%
HDFC Flexi Cap Fund Direct Growth
1/21
75,784Cr
0.73%
11.56%
28.59%
17.32%
Parag Parikh Flexi Cap Fund Direct Growth
2/21
1,03,868Cr
0.63%
13.38%
25.65%
20.22%
Invesco India Flexi Cap Fund Direct Growth
3/21
2,987Cr
0.74%
13.26%
30.06%
23.41%
See all

Mirae Asset Flexi Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Mirae Asset Flexi Cap Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 97.7%

Debt & Cash 2.3%

Large cap
64.1%
Small cap
18%
Mid cap
14.8%
Mid Cap allocation has gone up from 14.7% to 14.8%
Mid Cap allocation has gone up from 14.7% to 14.8%
Large Cap allocation has gone down from 64.4% to 64.1%
Large Cap allocation has gone down from 64.4% to 64.1%
Small Cap allocation has gone down from 18.7% to 18%
Small Cap allocation has gone down from 18.7% to 18%
Cash allocation has gone up from 1.4% to 2.3%
Cash allocation has gone up from 1.4% to 2.3%

Mirae Asset Flexi Cap Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 97.7%

Debt & Cash 2.3%

Financial Services
29.7%
Industrial
12.9%
Consumer Cyclical
12.6%
Tech
10.9%
Health
8.2%
Basic Materials
7.8%
Consumer Defensive
5.8%
Energy
5.6%
Real Estate
3.7%
Communication
2.4%
Utilities
0.4%

Top 3 Sectors in May were Financial Services, Industrial & Consumer Cyclical

May'25

Financial Services

32%

Industrial

10%

Consumer Cyclical

10%

Apr'25

Financial Services

31%

Industrial

13%

Consumer Cyclical

11%

Mirae Asset Flexi Cap Fund Holdings Details

as on (30-Jun-25)

Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
6.89%
0%
ICICI Bank Ltd
5.15%
0%
Reliance Industries Ltd
3.93%
0%
State Bank of India
3.16%
0%
Axis Bank Ltd
2.59%
0%
See all
Top Stocks bought last month
InterGlobe Aviation Ltd's allocation increased from 0.5% to 0.94%
InterGlobe Aviation Ltd's allocation increased from 0.5% to 0.94%
Reliance Industries Ltd's allocation increased from 3.53% to 3.93%
Reliance Industries Ltd's allocation increased from 3.53% to 3.93%
JK Cement Ltd's allocation increased from 1.03% to 1.37%
JK Cement Ltd's allocation increased from 1.03% to 1.37%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.18 % to 6.89 %
HDFC Bank Ltd's allocation decreased from 7.18 % to 6.89 %
ICICI Bank Ltd's allocation decreased from 5.33 % to 5.15 %
ICICI Bank Ltd's allocation decreased from 5.33 % to 5.15 %
State Bank of India's allocation decreased from 3.33 % to 3.16 %
State Bank of India's allocation decreased from 3.33 % to 3.16 %

Mirae Asset Flexi Cap Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.5%
Benchmark
Nifty 500 TR INR
AUM₹2815 Cr
Inception Date24 February, 2023
Min Lumpsum/SIP₹5000/₹99
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
11.74%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
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

  1. Mirae Asset Flexi Cap Fund Direct Growth has ₹2815 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Mirae Asset Flexi Cap Fund Direct Growth has given a CAGR return of 23.70% since inception. Over the last 1 year the fund has given a CAGR return of 8.66%.

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, Communication, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, State Bank of India, Axis Bank 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 benefit
Dividends 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.

Learn more about Mirae Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 2.8K Cr
₹ 2.7K Cr
₹ 2.5K Cr
  • AUM of the fund stands at 2.8K Cr as of May'25
  • AUM increased by 156.4 Cr between May'25 and Apr'25

Frequently Asked Questions for Mirae Asset Flexi Cap Fund Direct Growth

How do I invest in Mirae Asset Flexi Cap Fund?

INDmoney makes it simple to invest in the Mirae Asset Flexi Cap Fund. To do so, follow the steps below:
  • 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.

What is the current NAV of Mirae Asset Flexi Cap Fund?

The NAV of the fund today is ₹16.44. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Mirae Asset Flexi Cap Fund fund has generated a return of 8.66% in 1 year

Who is the fund manager of Mirae Asset Flexi Cap Fund?

The fund managers are .

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-365 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.50%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹2815 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mirae Asset Flexi Cap Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(6.89%), ICICI Bank Ltd(5.15%), Reliance Industries Ltd(3.93%)