Fund Facts
-
Name of Fund:Mirae Asset Flexi Cap
-
Opening:3rd February 2023
-
Closing:17th February 2023
-
Scheme Type:Open Ended Equity Flexi Cap Fund
-
Minimum Investment:Rs.5,000/- and in multiples of Re. 1/- thereafter.
-
Plan:Regular and Direct
-
Options:Growth and IDCW
-
Entry Load:Not Applicable
-
Exit Road:1% of NAV if units redeemed are in excess of 15% of units allotted within 1 year from the date of allotment
-
Thereafter:Nil
Fund Stats
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.
Benchmark:
NIFTY 500
Fund Manager:
Vrijesh Kasera
Asset Allocation
65-100%
Equity
upto 35%
Money Market
Comparable existing schemes
| Edelweiss Flexi Cap | 1.66(6M) | 3.05(1Y) |
| HDFC Flexi Cap | 4.90(6M) | 13.36(1Y) |
Fund Prognosis
Idea Distiller
Dynamic allocation to the top 100 companies and debt, dynamically managed.
Fund House AAUM:
Rs.11691024.92 Lakhs (as on 31st December 2022)
Fund Manager:
Combined experience of above 16 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
A dynamic allocation fund actually and that is a very difficult one to manage. It will be interesting to see if the fund gets it right. I will stay on the sidelines.