Mirae Asset Flexi Cap Fund – Investment Strategy, Objective & Key Details
Mirae Asset Flexi Cap Fund – Investment Strategy, Objective & Key Details
The Mirae Asset Flexi Cap Fund is an open-ended dynamic equity scheme that invests across large-cap, mid-cap, and small-cap stocks. It provides investors with a diversified exposure to the Indian equity market without any restriction on market capitalization. The scheme aims to capture opportunities across sectors and market cycles, offering long-term wealth creation potential.
What is Flexi Cap Fund?
A Flexicap Fund is a category of equity mutual fund that can invest in companies across the spectrum of market capitalization, meaning that the fund manager can invest in the universe of large-cap, mid-cap and small-cap stocks. In contrast, multi-cap funds have fixed parameters for allocation to different market capitalizations, while the allocation decision can be made by the fund manager in flexicap based on prevailing market conditions.
Flexibility allows this fund type to:
Capture opportunities across market cycles
Balance growth potential with stability
Reduce the risk of over-exposure to a single market cap
Quick Snapshot
Particulars
Details
Fund Name
Mirae Asset Flexi Cap Fund
Fund Type
Open-ended equity scheme
Category
Flexi Cap Fund
Launch Date
February 24, 2023
Benchmark
NIFTY 500 TRI Index
Fund Manager
Mr. Vrijesh Kasera
Fund Management Experience
16+ years
Objective
Long-term capital appreciation through diversified equity investments
Risk Profile
High
Plans Available
Regular and Direct
Options
Growth and IDCW (Reinvestment/Payout)
The investment objective of Mirae Asset Flexi Cap Fund is:
“To provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity-related instruments across market capitalization.”
However, the fund does not guarantee or assure any returns.
Benchmark Details
The fund is benchmarked against the Nifty 500 Total Return Index (TRI), which represents the performance of the top 500 companies across market segments in India.
This index is considered suitable since the scheme invests across large, mid, and small-cap stocks, reflecting the broad market movement accurately.
Investment Style & Strategy
The Mirae Asset Flexi Cap Fund follows a bottom-up stock selection approach, focusing on high-quality businesses with strong growth potential.
Key highlights of the strategy:
Diversified allocation across large, mid, and small-cap segments.
Stock-by-stock evaluation emphasizing robust business models, sustainable advantages, and high return ratios.
Risk management via diversification to reduce concentration and liquidity risks.
Active management using both top-down and bottom-up analysis.
May invest in debt instruments, REITs, InvITs, and derivatives for portfolio balancing and hedging.
The fund manager ensures that each investment aligns with the scheme’s long-term wealth creation goal and overall risk profile.
Fund Snapshot and Performance Quants
Fund Snapshot and Performance Quants
Screener: Performance overview for
Mirae Asset Flexi Cap Fund
Exposure across large, mid, and small caps reduces risk concentration and captures opportunities from different segments of the market.
Professional Fund Management
Managed by Mr. Vrijesh Kasera, a seasoned professional with over 16 years of investment research and fund management experience.
Dynamic Allocation
Freedom to shift allocation between market caps based on valuation, growth outlook, and macroeconomic factors.
Benchmark with Broad Representation
NIFTY 500 TRI provides a diversified performance benchmark covering multiple sectors and company sizes.
Long-Term Capital Growth
Designed for investors seeking capital appreciation over a longer investment horizon, aligning with financial goals like retirement or wealth creation.
Who Should Invest in Mirae Asset Flexi Cap Fund
a. Long-term investors aiming for wealth creation through equity exposure.
b. Those seeking diversification across all market caps in a single fund.
c. Moderate to high-risk investors comfortable with market volatility.
d. SIP investors looking for disciplined, long-term growth potential.
e. Investors wanting a professionally managed dynamic portfolio without tracking individual stocks.
Top Holdings as on 31 Oct. 2025
Fees, Loads & Taxation
Expense Ratio: Check latest factsheet. Exit Load: 1% if redeemed within 1 year from the date of allotment; Nil after 1 year Taxation:
Dividend taxable as per income tax slab.
Short-term (<1 year): Taxed at 20%.
Long-term (>1 year): Tax-free up to ₹1.25 lakh; beyond that taxed at 12.5% without indexation.
🔗 How to Invest Online?
You can easily invest through our online investment platform.
Focus on long-term wealth creation through disciplined equity investing
Q1: What type of fund is Mirae Asset Flexi Cap Fund?
It’s an open-ended equity fund that invests dynamically across large, mid, and small-cap companies.
Q2: What is the benchmark of this scheme?
The fund is benchmarked against NIFTY 500 TRI Index.
Q3: What is the minimum investment amount?
As per Mirae Asset Mutual Fund norms, the minimum SIP amount is typically ₹500, and lump sum investments start at ₹5,000.
Q4: Is there any lock-in period?
No lock-in period applies; however, an exit load of 1% is charged if redeemed within one year.
Q5: What kind of returns can be expected?
While returns are market-linked and not guaranteed, the fund aims for long-term capital growth in line with equity market performance.
The Mirae Asset Flexi Cap Fund is ideal for investors seeking a balanced and flexible equity portfolio that adapts to market conditions. Its active management and broad diversification make it suitable for long-term wealth creation.
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