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. Vrijesh Kasera(since Feb 24, 2023) |
| 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 December 31, 2023 | 1,442.20 |
| Net AUM (₹ Cr.) |
1,508.81 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on December 31, 2023 |
Regular Plan: 2.08% Direct Plan: 0.58% |
| **For experience of Fund Managers Click Here | |
| ##Pursuant to notice cum addendum no. 69/2023, Minimum Systematic Investment Plan (SIP) Installment amount for certain Schemes has been Changed with effect from January 01, 2024. | |
| NAV: | Direct | Regular |
| Growth | ₹ 13.090 | ₹ 12.918 |
| IDCW | ₹ 13.089 | ₹ 12.923 |
| New Position Bought |
| Stock |
| Consumable Fuels |
| Coal India Limited |
| Personal Products |
| Godrej Consumer Products Limited |
| Positions Increased |
| Stock |
| Banks |
| HDFC Bank Limited |
| The Federal Bank Limited |
| Chemicals & Petrochemicals |
| Neogen Chemicals Limited |
| Construction |
| Larsen & Toubro Limited |
| Consumer Durables |
| Havells India Limited |
| Fertilizers & Agrochemicals |
| Paradeep Phosphates Limited |
| Finance |
| Fusion Micro Finance Limited |
| Healthcare Services |
| Syngene International Limited |
| IT - Software |
| HCL Technologies Limited |
| Pharmaceuticals & Biotechnology |
| Aurobindo Pharma Limited |
| Sun Pharmaceutical Industries Limited |
| Torrent Pharmaceuticals Limited |
| Retailing |
| Go Fashion (India) Limited |
| Transport Services |
| Delhivery Limited |
| Positions Decreased |
| Stock |
| IT - Services |
| Tata Technologies Ltd |
| IT - Software |
| Tata Consultancy Services Limited |
| Portfolio Holdings | % Allocation |
| Banks | |
| HDFC Bank Ltd | 8.42% |
| ICICI Bank Ltd | 5.65% |
| State Bank of India | 4.49% |
| Axis Bank Ltd | 2.61% |
| The Federal Bank Ltd | 1.45% |
| Kotak Mahindra Bank Ltd | 1.14% |
| Canara Bank | 1.08% |
| IndusInd Bank Ltd | 1.07% |
| IT - Software | |
| Infosys Ltd | 3.45% |
| HCL Technologies Ltd | 2.05% |
| Tata Consultancy Services Ltd | 1.24% |
| LTIMindtree Ltd | 1.00% |
| MphasiS Ltd | 0.92% |
| Pharmaceuticals & Biotechnology | |
| Aurobindo Pharma Ltd | 2.02% |
| Sun Pharmaceutical Industries Ltd | 1.15% |
| Torrent Pharmaceuticals Ltd | 0.82% |
| Finance | |
| Shriram Finance Ltd | 1.31% |
| Fusion Micro Finance Ltd | 1.23% |
| Bajaj Finserv Ltd | 0.85% |
| Cholamandalam Financial Holdings Ltd | 0.54% |
| Auto Components | |
| Samvardhana Motherson International Ltd | 1.23% |
| Schaeffler India Ltd | 1.00% |
| Sona BLW Precision Forgings Ltd | 0.85% |
| Balkrishna Industries Ltd | 0.79% |
| Automobiles | |
| Tata Motors Ltd | 1.19% |
| Eicher Motors Ltd | 0.97% |
| TVS Motor Company Ltd | 0.95% |
| Maruti Suzuki India Ltd | 0.66% |
| Petroleum Products | |
| Reliance Industries Ltd | 3.56% |
| Retailing | |
| Zomato Ltd | 1.49% |
| Go Fashion (India) Ltd | 0.90% |
| Electronics Mart India Ltd | 0.56% |
| Vedant Fashions Ltd | 0.50% |
| Construction | |
| Larsen & Toubro Ltd | 3.36% |
| Consumer Durables | |
| Havells India Ltd | 1.39% |
| Kajaria Ceramics Ltd | 0.88% |
| Titan Company Ltd | 0.73% |
| Diversified FMCG | |
| ITC Ltd | 1.74% |
| Hindustan Unilever Ltd | 1.20% |
| Power | |
| NTPC Ltd | 2.75% |
| Personal Products | |
| Godrej Consumer Products Ltd | 1.57% |
| Dabur India Ltd | 0.86% |
| Aerospace & Defense | |
| Bharat Electronics Ltd | 1.17% |
| MTAR Technologies Ltd | 0.90% |
| Ideaforge Technology Ltd | 0.22% |
| Cement & Cement Products | |
| JK Cement Ltd | 1.34% |
| UltraTech Cement Ltd | 0.66% |
| Transport Services | |
| Delhivery Ltd | 1.06% |
| InterGlobe Aviation Ltd | 0.87% |
| Telecom - Services | |
| Bharti Airtel Ltd | 1.80% |
| Healthcare Services | |
| Syngene International Ltd | 1.11% |
| Krishna Institute Of Medical Sciences Ltd | 0.67% |
| Ferrous Metals | |
| Jindal Steel & Power Ltd | 1.55% |
| Insurance | |
| Max Financial Services Ltd | 0.97% |
| ICICI Lombard General Insurance Company Ltd | 0.57% |
| Leisure Services | |
| Yatra Online Ltd | 0.86% |
| Sapphire Foods India Ltd | 0.59% |
| Industrial Products | |
| Cummins India Ltd | 0.77% |
| Prince Pipes And Fittings Ltd | 0.65% |
| Electrical Equipment | |
| TD Power Systems Ltd | 0.78% |
| Avalon Technologies Ltd | 0.43% |
| Gas | |
| Gujarat State Petronet Ltd | 0.99% |
| Consumable Fuels | |
| Coal India Ltd | 0.86% |
| Non - Ferrous Metals | |
| Hindalco Industries Ltd | 0.84% |
| IT - Services | |
| Tata Technologies Ltd | 0.63% |
| Chemicals & Petrochemicals | |
| Neogen Chemicals Ltd | 0.49% |
| Fertilizers & Agrochemicals | |
| Paradeep Phosphates Ltd | 0.44% |
| Equity Holding Total | 92.84% |
| Cash & Other Receivables | 7.16% |
| Total | 100.00% |
| Returns (in%) | ||||
| 6 Months (Annualized) | SI (Annualized) | |||
| Mirae Asset Flexi Cap Fund | 33.48% |
35.18% |
||
| Scheme Benchmark* | 40.72% |
41.00% |
||
| Additional Benchmark** | 27.39% |
30.17% |
||
| NAV as on 29th December, 2023 | ₹12.918 | |||
| Index Value (29th December, 2023) | Index Value of benchmark is 30,417.80 and Nifty 50 Index (TRI) is 31,933.93 |
|||
| Allotment Date | 24th Feb, 2023 | |||
| Scheme Benchmark | *Nifty 500 Index (TRI) | |||
| Additional Benchmark | **Nifty 50 Index (TRI) | |||
Fund manager : Mr. Vrijesh Kasera managing the scheme since 24th February, 2023.
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
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.