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 February 29, 2024 | 1,617.52 |
| Net AUM (₹ Cr.) |
1,648.72 |
| Monthly Total Expense Ratio (Including Statutory Levies) as on February 29, 2024 |
Regular Plan: 2.07% Direct Plan: 0.59% |
| **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 | ₹ 13.555 | ₹ 13.343 |
| IDCW | ₹ 13.516 | ₹ 13.348 |
| New Position Bought |
| Stock |
Cement & Cement Products |
Dalmia Bharat Limited |
Consumer Durables |
Cera Sanitaryware Limited |
Finance |
Bajaj Finance Limited |
Pharmaceuticals & Biotechnology |
Cipla Limited |
Power |
Power Grid Corporation of India Limited |
| Positions Increased |
| Stock |
Auto Components |
Balkrishna Industries Limited |
Samvardhana Motherson International Limited |
Banks |
HDFC Bank Limited |
Kotak Mahindra Bank Limited |
Chemicals & Petrochemicals |
Neogen Chemicals Limited |
Construction |
Larsen & Toubro Limited |
Finance |
Fusion Micro Finance Limited |
India Shelter Finance Corporation Limited |
Shriram Finance Limited |
Healthcare Services |
Syngene International Limited |
IT - Software |
LTIMindtree Limited |
Non - Ferrous Metals |
Hindalco Industries Limited |
Realty |
Brigade Enterprises Limited |
| Positions Decreased |
| Stock |
Pharmaceuticals & Biotechnology |
Sun Pharmaceutical Industries Limited |
| Portfolio Holdings | % Allocation |
Banks |
|
HDFC Bank Ltd |
7.27% |
ICICI Bank Ltd |
5.46% |
State Bank of India |
4.97% |
Axis Bank Ltd |
2.91% |
Canara Bank |
1.28% |
The Federal Bank Limited |
1.27% |
Kotak Mahindra Bank Ltd |
1.23% |
IndusInd Bank Ltd |
0.90% |
IT - Software |
|
Infosys Ltd |
3.43% |
HCL Technologies Limited |
2.13% |
LTIMindtree Limited |
1.48% |
Tata Consultancy Services Ltd |
1.22% |
MphasiS Limited |
0.80% |
Finance |
|
Shriram Finance Limited |
1.50% |
Fusion Micro Finance Limited |
1.18% |
India Shelter Finance Corporation Limited |
1.17% |
Bajaj Finance Limited |
0.93% |
Cholamandalam Financial Holdings Limited |
0.50% |
Petroleum Products |
|
Reliance Industries Ltd |
3.68% |
Bharat Petroleum Corporation Limited |
0.84% |
Pharmaceuticals & Biotechnology |
|
Aurobindo Pharma Ltd |
1.88% |
Sun Pharmaceutical Industries Ltd |
1.03% |
Torrent Pharmaceuticals Ltd |
0.87% |
Cipla Limited |
0.54% |
Auto Components |
|
Samvardhana Motherson International Limited |
1.37% |
Balkrishna Industries Ltd |
1.20% |
Sona BLW Precision Forgings Limited |
0.83% |
Schaeffler India Limited |
0.82% |
Construction |
|
Larsen & Toubro Ltd |
3.77% |
Automobiles |
|
Tata Motors Limited |
1.33% |
TVS Motor Company Ltd |
0.92% |
Eicher Motors Ltd |
0.81% |
Maruti Suzuki India Ltd |
0.66% |
Power |
|
NTPC Ltd |
3.18% |
Power Grid Corporation of India Ltd |
0.49% |
Consumer Durables |
|
Havells India Ltd |
1.57% |
Kajaria Ceramics Ltd |
0.79% |
Titan Company Ltd |
0.66% |
Cera Sanitaryware Limited |
0.47% |
Retailing |
|
Zomato Limited |
1.83% |
Go Fashion (India) Limited |
0.74% |
Electronics Mart India Limited |
0.52% |
Vedant Fashions Limited |
0.37% |
Cement & Cement Products |
|
JK Cement Limited |
1.46% |
UltraTech Cement Limited |
0.57% |
Dalmia Bharat Limited |
0.53% |
Diversified FMCG |
|
ITC Ltd |
1.40% |
Hindustan Unilever Ltd |
0.99% |
Personal Products |
|
Godrej Consumer Products Limited |
1.60% |
Dabur India Ltd |
0.76% |
Transport Services |
|
Delhivery Limited |
1.36% |
InterGlobe Aviation Limited |
0.85% |
Aerospace & Defense |
|
Bharat Electronics Ltd |
1.19% |
MTAR Technologies Limited |
0.72% |
Healthcare Services |
|
Syngene International Limited |
1.11% |
Krishna Institute Of Medical Sciences Limited |
0.70% |
Telecom - Services |
|
Bharti Airtel Ltd |
1.79% |
Insurance |
|
Max Financial Services Ltd |
1.14% |
ICICI Lombard General Insurance Company Limited |
0.63% |
Leisure Services |
|
Yatra Online Limited |
0.91% |
Sapphire Foods India Limited |
0.57% |
Ferrous Metals |
|
Jindal Steel & Power Limited |
1.47% |
Industrial Products |
|
Cummins India Limited |
0.98% |
Prince Pipes And Fittings Limited |
0.46% |
Electrical Equipment |
|
TD Power Systems Limited |
0.82% |
Avalon Technologies Limited |
0.38% |
Realty |
|
Brigade Enterprises Limited |
1.13% |
Gas |
|
Gujarat State Petronet Limited |
1.09% |
Consumable Fuels |
|
Coal India Ltd |
1.09% |
Non - Ferrous Metals |
|
Hindalco Industries Limited |
0.72% |
Chemicals & Petrochemicals |
|
Neogen Chemicals Limited |
0.46% |
Fertilizers & Agrochemicals |
|
Paradeep Phosphates Limited |
0.42% |
Equity Holding Total |
98.06% |
Cash & Other Receivables |
1.94% |
Total |
100.00% |
| Returns (in%) | |||||
| 1 Year | Since inception | Value of 10000 invested Since Inception (in Rs.) | |||
| Mirae Asset Flexi Cap Fund | 33.84% |
32.91% |
13,343 |
||
| Scheme Benchmark* | 39.71% |
38.03% |
13,864 |
||
| Additional Benchmark** | 28.49% |
26.89% |
12,730 |
||
| NAV as on 29th February, 2024 | ₹13.343 | ||||
| Index Value (29th February, 2024) | Index Value of benchmark is 31,499.31 and Nifty 50 Index (TRI) is 32,360.25 |
||||
| 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
| Period | Total Amount Invested | Mkt Value as on 29-February-2024 |
SI |
1,20,000 |
1,20,000 |
1 Yr |
1,41,266 |
1,41,266 |
Returns (%) |
Period |
||
SI |
1yr |
||
Fund Return& (%) |
34.57 |
34.57 |
|
Benchmark Return& (%) |
40.96 |
40.96 |
|
& The SIP returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month.
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.