MIRAE ASSET
FLEXI CAP FUND
(Flexi Cap Fund - An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks)
| Type of Scheme | Flexi Cap Fund - An open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks |
| Investment Objective | 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. |
Fund Manager** |
Mr. Varun Goel# (since April 03, 2024) |
| Allotment Date | 24th Feb, 2023 |
| Benchmark Index | Nifty 500 Index (TRI) |
| Minimum Investment Amount |
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹ 1,000/- per application and in multiples of ₹ 1/- thereafter. |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
Monthly and Quarterly: ₹500/- (multiples of ₹1/- thereafter), minimum 5 in case of Monthly / Quarterly option. |
| Load Structure | Entry load: NA Exit load: If redeemed within 1 year (365 days) from the date of allotment: 1% If redeemed after 1 year (365 days) from the date of allotment: NIL |
| Plans Available | Regular Plan and Direct Plan |
| Options Available | Growth Option and IDCW Option (Payout & Re-investment) |
| Monthly Average AUM (₹ Cr.) as on June 30, 2024 | 1,989.392 |
| Net AUM (₹ Cr.) |
2,072.15 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on June 30, 2024 |
Regular Plan: 2.02% Direct Plan: 0.55% |
| **For experience of Fund Managers Click Here | |
#Pursuant to notice cum addendum no. 17/2024, Fund Manager of the scheme has been changed with effect from April 03, 2024. Please visit the website for more details: https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum |
|
| NAV: | Direct | Regular |
| Growth | ₹ 15.159 | ₹ 14.850 |
| IDCW | ₹ 15.115 | ₹ 14.856 |
| New Position Bought |
| Stock |
| Auto Components |
| Craftsman Automation Limited |
| Capital Markets |
| Multi Commodity Exchange of India Limited |
| Finance |
| L&T Finance Limited |
| Leisure Services |
| Wonderla Holidays Limited |
| Realty |
| Sobha Ltd Rights |
| Positions Increased |
| Stock |
| Chemicals & Petrochemicals |
| Neogen Chemicals Limited |
| Insurance |
| Go Digit General Insurance Limited |
| IT - Software |
| Birlasoft Limited |
| Infosys Limited |
| LTIMindtree Limited |
| Tata Consultancy Services Limited |
| Leisure Services |
| The Indian Hotels Company Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Pharmaceuticals & Biotechnology |
| Laurus Labs Limited |
| Positions Decreased |
| Stock |
| Leisure Services |
| Yatra Online Limited |
| Portfolio Holdings | % Allocation |
Banks |
|
HDFC Bank Ltd |
6.94% |
ICICI Bank Ltd |
4.96% |
State Bank of India |
4.49% |
Axis Bank Ltd |
3.39% |
IndusInd Bank Ltd |
1.56% |
Canara Bank |
1.08% |
Kotak Mahindra Bank Ltd |
1.04% |
IT - Software |
|
Infosys Ltd |
3.12% |
Tata Consultancy Services Ltd |
2.46% |
Birlasoft Limited |
2.00% |
LTIMindtree Limited |
1.86% |
Pharmaceuticals & Biotechnology |
|
Divi's Laboratories Ltd |
2.04% |
Mankind Pharma Limited |
1.69% |
Laurus Labs Limited |
1.63% |
Sun Pharmaceutical Industries Ltd |
0.79% |
Finance |
|
Shriram Finance Limited |
1.94% |
L&T Finance Limited |
1.06% |
Bajaj Finance Limited |
0.81% |
Fusion Micro Finance Limited |
0.58% |
Cholamandalam Financial Holdings Limited |
0.55% |
Petroleum Products |
|
Reliance Industries Ltd |
4.01% |
Bharat Petroleum Corporation Limited |
0.76% |
Realty |
|
Sobha Limited |
1.69% |
DLF Limited |
1.47% |
Brigade Enterprises Limited |
1.40% |
Consumer Durables |
|
Havells India Ltd |
1.49% |
Cera Sanitaryware Limited |
0.96% |
Kajaria Ceramics Ltd |
0.69% |
Titan Company Ltd |
0.49% |
Safari Industries (India) Limited |
0.09% |
Power |
|
NTPC Ltd |
2.94% |
Power Grid Corporation of India Ltd |
0.46% |
Construction |
|
Larsen & Toubro Ltd |
3.06% |
Auto Components |
|
Balkrishna Industries Ltd |
1.39% |
Schaeffler India Limited |
1.28% |
Craftsman Automation Limited |
0.28% |
Telecom - Services |
|
Bharti Airtel Ltd |
2.41% |
Diversified FMCG |
|
ITC Ltd |
1.57% |
Hindustan Unilever Ltd |
0.81% |
Leisure Services |
|
The Indian Hotels Company Limited |
1.36% |
Wonderla Holidays Limited |
0.84% |
Yatra Online Limited |
0.12% |
Retailing |
|
Electronics Mart India Limited |
1.41% |
Zomato Limited |
0.91% |
Automobiles |
|
Tata Motors Limited |
1.10% |
Maruti Suzuki India Ltd |
0.56% |
TVS Motor Company Ltd |
0.41% |
Healthcare Services |
|
Syngene International Limited |
0.99% |
Krishna Institute Of Medical Sciences Limited |
0.93% |
Cement & Cement Products |
|
JK Cement Limited |
1.13% |
UltraTech Cement Limited |
0.53% |
Ferrous Metals |
|
Jindal Steel & Power Limited |
1.57% |
Aerospace & Defense |
|
Bharat Electronics Ltd |
1.55% |
Industrial Manufacturing |
|
JNK India Limited |
1.54% |
Personal Products |
|
Godrej Consumer Products Limited |
1.39% |
Capital Markets |
|
Multi Commodity Exchange of India Limited |
1.27% |
Textiles & Apparels |
|
Raymond Ltd |
1.19% |
Industrial Products |
|
Cummins India Limited |
1.13% |
Chemicals & Petrochemicals |
|
Neogen Chemicals Limited |
1.01% |
Consumable Fuels |
|
Coal India Ltd |
0.94% |
Beverages |
|
United Spirits Limited |
0.93% |
Non - Ferrous Metals |
|
Hindalco Industries Limited |
0.90% |
Electrical Equipment |
|
TD Power Systems Limited |
0.78% |
Transport Services |
|
InterGlobe Aviation Limited |
0.50% |
Insurance |
|
Go Digit General Insurance Limited |
0.30% |
Equity Holding Total |
96.52% |
Cash & Other Receivables |
3.48% |
Total |
100.00% |
| Returns (in%) | |||||
| 1 Year | Since inception | Value of 10000 invested Since Inception (in Rs.) | |||
| Mirae Asset Flexi Cap Fund | 32.97% |
34.09% |
14,850 |
||
| Scheme Benchmark* | 38.67% |
39.27% |
15,628 |
||
| Additional Benchmark** | 26.66% |
28.22% |
13,981 |
||
| NAV as on 30th June, 2024 | ₹ 14.850 | ||||
| Index Value (30th June, 2024) | Index Value of benchmark is 35,506.97 and Nifty 50 Index (TRI) is 35,539.16 | ||||
| Allotment Date | 24th Feb, 2023 | ||||
| Scheme Benchmark | *Nifty 500 Index (TRI) | ||||
| Additional Benchmark | **Nifty 50 Index (TRI) | ||||
Fund manager : Mr. Varun Goel managing the scheme since 03rd April, 2024.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund managers are given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
Returns (%) |
Period |
||
Total Amount Invested |
Mkt Value as on 30-June-2024 |
||
Since Inception |
1,60,000 |
2,00,257 |
|
1 Year |
1,20,000 |
1,42,341 |
|
Returns (%) |
Period |
||
Since inception |
1 Year |
||
Fund Return& (%) |
36.46 |
36.82 |
|
Nifty 500 Index (TRI)& (%) |
42.37 |
43.24 |
|
Nifty 50 Index (TRI)& (%) |
30.66 |
31.54 |
|
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
| Portfolio Turnover Ratio | 0.41 times |
Since the fund has not completed 3 Years other ratios are not applicable. |
|
This product is suitable for investors who are seeking*
• To generate long term appreciation / income
• Investment in equity and equity related instruments across market capitalization spectrum of large cap, mid cap, small cap companies.
*Investors should consult their financial advisers if they are not clear about the suitability of the product.