Mirae Asset Flexi Cap Fund
NAV
₹16.66
as of 6 Oct 2026
Mirae Asset Flexi Cap Fund is an open-ended Flexi Cap Fund scheme from Mirae Asset Mutual Fund managing ₹4,393 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹16.66 as of 6 Oct 2026. The expense ratio is 0.69% a year. Managed by Varun Goel. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.69% / yr
- as of 31 Aug 2026
- Fund size
- ₹4,393 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 24 Feb 2023
- ISIN
- INF769K01JJ2
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: NIFTY 500 Index
Mirae Asset Flexi Cap Fund
₹165
+65% on ₹100 over 3.6 yrs
Flexi Cap Fund average
₹167
+67% on ₹100 over 3.6 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -3.20% | -2.90% | -0.30 |
| 6 months | 2.23% | 9.22% | -6.99 |
| 1 year | 0.32% | -0.88% | +1.20 |
| 3 years (CAGR) | 11.48% | 11.31% | +0.17 |
Category average across 34 funds, as of 5 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -0.2%
- Median
- 9.9%
- Best
- 38.0%
33 windows over the last 44 months, stepped monthly; 97% ended positive. Worst window began 1 Oct 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 11.4%
- Median
- 14.8%
- Best
- 18.3%
9 windows over the last 44 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.55
- Sortino ratio (3Y)
- 0.80 vs category 0.75
- Standard deviation (3Y)
- 14.27%
- Beta (3Y)
- 0.93
- Alpha (3Y)
- 1.86%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-15.1%
Right now
-5.0% below peak
Ahead of its benchmark in 58% of months (window: 3y, monthly) – benchmark: NIFTY 500 Index, name shown only.
Where the money actually is
Equity
98.6%
Cash
1.4%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
86 positions · top 10 = 30.4%
Market-cap mix
Large 65.6%Mid 20.1%Small 12.1%Other 2.2%
as of 31 Jul 2026
Holdings by sector
Financial Services(4 in top 10)32.3%
- ICICI Bank Ltd5.81%
- HDFC Bank Ltd5.64%
- State Bank of India2.60%
- Axis Bank Ltd2.28%
Healthcare(1 in top 10)12.7%
- Divi's Laboratories Ltd1.72%
Consumer Cyclical(1 in top 10)12.2%
- Mahindra & Mahindra Ltd1.92%
Industrials(1 in top 10)11.4%
- Larsen & Toubro Ltd2.04%
- Basic Materials7.3%
Technology(1 in top 10)6.2%
- Infosys Ltd1.94%
Energy(1 in top 10)5.7%
- Reliance Industries Ltd4.16%
Communication Services(1 in top 10)3.7%
- Bharti Airtel Ltd2.34%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 28.0% vs category 48.2% a year.
The businesses it owns
- P/E (trailing)
- 25.3 vs category 26.4
- P/B
- 3.7 vs category 3.6
- Dividend yield
- 1.3% vs category 1.0%
- Net margin
- 20.4% vs category 17.1%
- Earnings growth
- 13.0%
- Avg market cap
- ₹1.95 lakh crore
Money in, money out
- Net flow, 12 months
- +₹1,252 cr
- Net flow, 3 months
- +₹297 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Mirae Asset Flexi Cap Fund?
- ₹16.66 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Mirae Asset Flexi Cap Fund?
- 0.69% a year for the Direct plan, as of 31 Aug 2026.
- How large is Mirae Asset Flexi Cap Fund?
- ₹4,393 crore under management as of 31 Jul 2026, in the Flexi Cap Fund category.
- How risky is Mirae Asset Flexi Cap Fund?
- Its SEBI Riskometer reading is "Very High Risk". Go-anywhere equity across company sizes. India's biggest active shelf.
- What is the worst 3-year return of Mirae Asset Flexi Cap Fund?
- 11.4% a year – the weakest of 9 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 14.8% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Mirae Asset Flexi Cap Fund?
- Varun Goel, managing this fund for 2.4 years.
Where this fund sits
Its shelf, all funds
Fx · Flexi & multi cap →
Go-anywhere equity across company sizes. India's biggest active shelf.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Flexi Cap Fund funds
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 500 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.