Fundalysisby DARKHORSESTOCKS

Scheme

Mirae Asset Flexi Cap Fund

Holds 87 companies worth ₹4,355 Cr in Sept 2026.

  • Fund house

    MiraeThe fund house that runs this scheme.

  • AUM

    ₹4,369 CrMirae Asset Flexi Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.0% on Aug 2026, ₹4,506 Cr.

  • Largest holding

    ICICI BankICICI Bank is 5.4% of this scheme's NAV.

  • Fund manager

    Varun GoelRuns it since 3 Apr 2024, as the fund house dates it.

Overview(4 Oct 2026)

Fund managers1

  1. Varun GoelFund manager · Apr 2024 · 19y · PGDM B.Tech

    Key facts

    Benchmark
    NIFTY 500 TRI
    Risk
    Very high
    Expense
    Regular 2.13% · Direct 0.76%
    Exit load
    1% within 1 year
    Started
    24 Feb 2023
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 4 Oct 2026 at AMFI.

    What changed(13 changes)

    Oct 2026

    1 change
    1. Expense ratio
      4 OctRegular 2.06% → 2.13%Direct 0.67% → 0.76%

    Jul 2026

    1 change
    1. Expense ratio
      29 JulRegular 1.89% → 2.06%Direct 0.5% → 0.67%

    Mar 2026

    1 change
    1. Expense ratio
      20 MarRegular 1.87% → 1.89%Direct 0.43% → 0.5%

    Source.Its filings at NSE, since Sept 2024.

    Fund managers over time(Apr 2024 – now)

    1. Varun Goel
    MainCoSlice20252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Sept 2024 – Oct 2026)

    Every change to the expense ratio, newest first.
    14 changesRegularDirectΔ pt
    4 Oct 20262.13%0.76%0.09
    29 Jul 20262.06%0.67%0.17
    20 Mar 20261.89%0.50%0.07
    23 Feb 20261.87%0.43%0.02
    29 Jan 20261.88%0.45%0.02
    22 Sept 20251.90%0.47%0.03
    24 Jun 20251.93%0.50%0
    21 Apr 20251.94%0.50%0.01
    19 Mar 20251.96%0.49%0.01
    27 Feb 20251.97%0.50%0.01
    17 Jan 20251.96%0.51%0.06
    1 Jan 20251.96%0.57%0.03
    17 Sept 20241.98%0.54%0
    2 Sept 20241.99%0.54%–
    Direct plan, 4 Oct 2026
    0.76%
    Regular plan 2.13% · Exit load 1% within 1 year
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(4 Oct 2026)

    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

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks
    Benchmark
    NIFTY 500 TRI

    Asset allocation it may hold% of NAV

    1. Equity and Equity related instruments including equity linked derivatives
      Allowed65–100%Holds99.7%
    2. Money market instruments and other liquid instruments^/ Units issued by InVITs/Units of Domestic Mutual Fund@
      Allowed0–35%

    Holds in Sept 2026.99.7% equity · 0.3% debt and cash

    How to invest(4 Oct 2026)

    Buying

    To start
    ₹5,000, then in multiples of ₹1
    To add
    ₹1,000, then in multiples of ₹1
    Most
    Any Amount
    Systematic
    SIP - Monthly / Quarterly SWP - Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
    Dates
    SIP - Except 29,30 and 31 all dates SWP - 1, 10, 15, 21 and 28 STP - Daily, Weekly only Wednesday, Fortnightly - alternate Wednesday, Monthly
    Minimum
    ₹500, then in multiples of ₹1
    Instalments
    5

    Selling and switching

    To redeem
    ₹1 or Any Units units
    Switch minimum
    ₹5,000
    Switch multiples
    ₹1
    Switch most
    Any Amount or Any Units units

    Scheme details(4 Oct 2026)

    What it is

    Category
    Flexi Cap Fund
    Offer
    3 Feb 2023 to 17 Feb 2023
    Started
    24 Feb 2023
    Reopened
    27 Feb 2023
    Plans
    Direct Plan Growth · Direct Plan IDCW - Payout · Direct PlanIDCW - Reinvestment · Regular PlanIDCW - Payout · Regular PlanIDCW - Reinvestment · Regular Plan Growth
    Face value
    ₹10
    Listed
    No

    How it is run

    Side-pocketing
    .
    Custodian
    M/s. Deutsche Bank AG, Mumbai
    Auditor
    M/s. Chokshi & Chokshi, Chartered Accountant
    Registrar
    KFIN Technologies Limited
    SEBI code
    MIRA/O/E/FCF/23/01/0044