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Mirae Asset Flexi Cap Fund(G)-Direct Plan

FAQ : Mirae Asset Flexi Cap Fund - Growth - Direct Plan

Mirae Asset Flexi Cap Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 6.58 12.13 N/A N/A
Average Rolling Returns(%) 15.68 13.85 N/A N/A

The Current NAV of Mirae Asset Flexi Cap Fund - Growth - Direct Plan is ₹16.98.

It is better to invest in a fund with a longer track record as Mirae Asset Flexi Cap Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.

Mirae Asset Flexi Cap Fund - Growth - Direct Plan fund’s expense ratio is 0.43%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Mirae Asset Flexi Cap Fund - Growth - Direct Plan is currently ₹4,506 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Reliance Industries and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 29% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Flexi Cap Fund - Growth - Direct Plan fund are BFSI, Construction & Infrastructure and Healthcare accounting for 52% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Flexi Cap Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset Flexi Cap Fund - Growth - Direct Plan Fund is Equity - Flexi Cap Fund.

Varun Goel manages the Mirae Asset Flexi Cap Fund - Growth - Direct Plan Fund.

Mirae Asset Flexi Cap Fund - Growth - Direct Plan current PE ratio is 39.56 and PB ratio is 7.64

The asset allocation of Mirae Asset Flexi Cap Fund - Growth - Direct Plan is Stocks : 99.44%, Debt : 0.58% and Gold : 0%

The minimum SIP amount for Mirae Asset Flexi Cap Fund - Growth - Direct Plan is ₹99.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Flexi Cap Fund - Growth - Direct Plan is 1% on or before 365 days, Nil after 365 days