Mirae Asset Flexi Cap Fund Direct Growth

Launch date03 Feb 2023
Allotment date24 Feb 2023
End date17 Feb 2023
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.51%

Inclusive of GST

Exit load

Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹99

Fund management

Varun Goel
Apr 2024 - Present
View details

Education
Mr. Goel has done B.Tech and MBA in Finance & Marketing
Experience
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
Also manages these schemes

Fund house & investment objective

Rank (total assets)#13 in India
Total AUM₹2,00,687.68Cr
Date of Incorporation30 Nov 2007

Mirae Asset Flexi Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Vrijesh Kasera is the Current Fund Manager of Mirae Asset Flexi Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,00,688 Cr and the Latest NAV as of 17 Apr 2026 is ₹16.60. The Mirae Asset Flexi Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 1 year. ;

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 benchmarkNIFTY 500 Total Return Index

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
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Peer Comparison

Equity, Flexi Cap fundsRating1Y3YFund Size(Cr)
5
11.5%22.6%1,133.99
5
5.9%21.9%4,202.43
5
6.4%21.5%91,334.91
5
7.0%19.0%1,28,966.48
4
3.1%18.4%17,535.63