Mirae Asset Flexi Cap Fund Regular - Growth
Unrated
NAV as of Dec 24, 2024
15.250.06%
- Growth - Regular
(Earn upto 1.46% Extra Returns with Direct Plan)
Fund Category:
Equity: Flexi Cap
Expense Ratio:
1.97%(1.73% Category
average)Fund Size:
Rs. 2,455.23 Cr(0.41% of Investment in Category)
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Mirae Asset Flexi Cap Fund Regular - Growth
Unrated
NAV as of Dec 24, 2024
15.250.06%
Expense Ratio:
1.97%
Fund Size:
Rs. 2,455.23 Cr
Fund Category:
Equity: Flexi Cap
Mirae Asset Flexi Cap Fund Regular - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Mirae Asset Flexi Cap Fund - Regular Plan as of Dec 24, 2024 is Rs 15.25 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 20.99% (1yr) and 25.88% (since launch). Whereas, Category returns for the same time duration are: 22.720804558837806% (1yr), 16.957515673408718% (3yr) and 17.619617185601% (5yr).
3. Fund Size: The Mirae Asset Flexi Cap Fund - Regular Plan currently holds Assets under Management worth of Rs 2455.2275 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 1.97% for Regular plan as on Nov 30, 2024.
5. Exit Load: Mirae Asset Flexi Cap Fund - Regular Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 365 days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
1. Current NAV: The Current Net Asset Value of the Mirae Asset Flexi Cap Fund - Regular Plan as of Dec 24, 2024 is Rs 15.25 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 20.99% (1yr) and 25.88% (since launch). Whereas, Category returns for the same time duration are: 22.720804558837806% (1yr), 16.957515673408718% (3yr) and 17.619617185601% (5yr).
3. Fund Size: The Mirae Asset Flexi Cap Fund - Regular Plan currently holds Assets under Management worth of Rs 2455.2275 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 1.97% for Regular plan as on Nov 30, 2024.
5. Exit Load: Mirae Asset Flexi Cap Fund - Regular Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 365 days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
Mirae Asset Flexi Cap Fund Regular - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 2.67 -4.69 3.76 19.48 - - Category Avg 1.34 -6.73 2.69 21.13 16.10 17.78 Rank within Category 17 19 30 44 - - No. of funds within Category 93 87 84 82 61 48 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 500 Total Return Index
Choose from Benchmarks
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- Nifty 50
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Mirae Asset Flexi Cap Fund Regular - Growth Fund Details
Investment Objective - The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related instruments across market capitalization.
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | Feb 24, 2023 |
| Benchmark | NIFTY 500 Total Return Index |
| Return Since Launch | 25.9% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Mirae Asset Flexi Cap Fund Regular - Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 99.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 1%, if redeemed within 365 days. | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | JUN 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 78 | 76 | 72 | 71 | 68 | 66 |
| Top 5 Company Holdings | 22.56% | 22.46% | 21.92% | 22.81% | 23.33% | 23.79% |
| Top 10 Company Holdings | 34.87% | 35.22% | 34.93% | 36.58% | 37.44% | 37.78% |
| Company with Highest Exposure | HDFC Bank (6.92%) | HDFC Bank (6.54%) | HDFC Bank (6.2%) | HDFC Bank (6.14%) | HDFC Bank (6.3%) | HDFC Bank (6.94%) |
| Number of Sectors | 15 | 15 | 15 | 15 | 15 | 16 |
| Top 3 Sector Holdings | 43.25% | 43.07% | 44.46% | 44.13% | 44.89% | 45.99% |
| Top 5 Sector Holdings | 58.26% | 57.85% | 59.8% | 59.68% | 60.53% | 61.84% |
| Sector with Highest Exposure | Financial (24.38%) | Financial (23.55%) | Financial (24.24%) | Financial (23.36%) | Financial (23.69%) | Financial (28.38%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 6.2 19.77 90.93 7.62 ICICI Bank Financial 4.89 18.88 68.72 30.47 State Bank of India Financial 3.62 10.13 80.18 27.53 Reliance Industries Energy 3.61 24.36 50.19 -4.66 Infosys Technology 3.6 29.41 64.90 22.15 Axis Bank Financial 2.87 11.95 90.29 -0.86 Larsen & Toubro Construction 2.76 37.00 98.36 4.65 Tata Consultancy Technology 2.7 31.87 131.12 9.30 Bharti Airtel Communication 2.48 78.58 20.16 60.06 NTPC Energy 2.2 14.73 22.76 10.73
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mirae Asset Flexi Cap Fund Regular - Growth 15.25 Unrated 2,455.23 2.67 19.48 - - HDFC Retirement Savings Fund Equity Plan Regular-Growth 49.31 6,009.36 0.90 20.01 19.95 23.54 JM Flexicap Fund-Growth 103.61 5,012.19 2.77 34.54 26.97 24.16 ICICI Prudential India Equity FOF - Growth 29.32 150.04 0.27 25.42 21.55 - HDFC Focused 30 Fund-Growth 214.64 15,520.74 -0.29 25.48 24.74 22.70
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- V.G.Varun GoelSince Apr 20240 schemes
Mr. Goel has done B.Tech and MBA in Finance & Marketing Prior to joining Mirae Asset Mutual Fund, he has worked with Nippon India Mutual Fund, Motilal Oswal Asset Management Company Ltd., Karvy Stock Broking and KC Portfolio Management
No schemes for the Fund Manager
More Mirae Asset Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Large Cap Fund Regular- Growth | 39,554.76 | 1.03 | -7.50 | 2.41 | 15.67 | 12.47 | |
| Mirae Asset Large & Midcap Fund Regular-Growth | 38,680.34 | 2.60 | -5.88 | 0.62 | 20.29 | 15.58 | |
| Mirae Asset ELSS Tax Saver Fund Regular-Growth | 25,315.16 | 2.54 | -5.64 | 2.78 | 21.72 | 16.10 | |
| Mirae Asset Midcap Fund Regular - Growth | 16,695.39 | 3.48 | -5.50 | 0.93 | 24.55 | 20.87 | |
| Mirae Asset Liquid Fund - Growth | 15,672.78 | 0.54 | 1.73 | 3.52 | 7.36 | 6.34 | |
| Mirae Asset Aggressive Hybrid Fund Regular-Growth | 9,054.40 | 0.91 | -5.62 | 2.13 | 16.09 | 12.71 | |
| Mirae Asset Focused Fund Regular - Growth | 8,286.63 | 3.12 | -3.79 | 8.94 | 20.05 | 9.89 | |
| Mirae Asset Great Consumer Fund Regular-Growth | 4,156.07 | 0.79 | -12.00 | 2.47 | 19.06 | 19.82 | |
| Mirae Asset Nifty 50 ETF - Growth | 3,953.30 | 0.29 | -8.41 | 0.52 | 12.74 | 13.65 | |
| Mirae Asset Multicap Fund Regular - Growth | 3,437.28 | 2.72 | -4.46 | 2.57 | 21.68 | - |
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About Mirae Asset Flexi Cap Fund Regular - Growth
1. Mirae Asset Flexi Cap Fund - Regular Plan is Open-ended Flexi Cap Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Feb 24, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related instruments across market capitalization. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 96.94743014% in equities, 0.0% in debts and 3.05256943% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 34.93000000000001% of the assets, the top 3 sectors constitute around 43.25% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mirae Asset Flexi Cap Fund Regular - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Mirae Asset Flexi Cap Fund - Regular Plan is Open-ended Flexi Cap Equity scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Feb 24, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related instruments across market capitalization. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 96.94743014% in equities, 0.0% in debts and 3.05256943% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 34.93000000000001% of the assets, the top 3 sectors constitute around 43.25% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mirae Asset Flexi Cap Fund Regular - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Mirae Asset Flexi Cap Fund Regular - Growth
- Is it safe to invest in Mirae Asset Flexi Cap Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset Flexi Cap Fund - Regular Plan comes under Very High risk category.
- What is the category of Mirae Asset Flexi Cap Fund - Regular Plan?Mirae Asset Flexi Cap Fund - Regular Plan belongs to the Equity : Flexi Cap category of funds.
- How Long should I Invest in Mirae Asset Flexi Cap Fund - Regular Plan?The suggested investment horizon of investing into Mirae Asset Flexi Cap Fund - Regular Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mirae Asset Flexi Cap Fund - Regular Plan?The Mirae Asset Flexi Cap Fund - Regular Plan is managed by Varun Goel (Since Apr 03, 2024).
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