Mirae Asset Flexi Cap Fund
Mirae Asset Mutual Fund · Flexi Cap · Direct plan, growth option
NAV (₹), 2 Oct 2026
16.4180
1-day change
-0.64%
1Y return
1.0%
3Y CAGR
11.3%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 27 Feb 2023 to 1 Oct 2026
Returns vs Flexi Cap median (46 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.2% | -5.5% |
| 3 months | -2.7% | -2.7% |
| 6 months | 7.8% | 9.8% |
| Year to date | -4.6% | -2.7% |
| 1 year | 1.0% | 0.2% |
| 3 years (CAGR) | 11.3% | 11.0% |
| 5 years (CAGR) | n/a | 10.1% |
| 7 years (CAGR) | n/a | 14.6% |
| 10 years (CAGR) | n/a | 13.0% |
| Since first NAV (CAGR) | 14.8% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 10.9% | 11.7% |
| 3Y rolling median | 14.6% | 16.7% |
| 3Y rolling worst | 11.1% | 0.2% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | 100% | 83% |
| 5Y rolling median | n/a | 15.8% |
| 5Y rolling worst | n/a | 1.9% |
| 5Y periods ahead of benchmark | n/a | 77% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 14.4% | 15.6% |
| Sharpe ratio | 0.42 | 0.35 |
| Sortino ratio | 0.61 | 0.52 |
| Beta | 0.91 | 0.96 |
| Alpha (ann.) | 2.9% | 2.3% |
| Upside capture | 99.37 | 101.88 |
| Downside capture | 87.05 | 95.74 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −16.1% | −29.9% |
| Maximum drawdown, last 10Y | n/a | −36.7% |
| Maximum drawdown, last 5Y | n/a | −20.0% |
| Current drawdown | −5.3% | −6.7% |
| Recovery time of worst fall | 81 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.74% | 1.07% |
| AUM, whole scheme (₹ crore) | 4,369 | 4,704 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 2.2% | -2.0% TRI |
| Return, 3 years (AMFI) | 11.5% | 9.5% TRI |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Flexi Cap Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -4.6% | -7.8% | +3.2% |
| 2025 | 10.4% | 7.7% | +2.8% |
| 2024 | 19.1% | 15.6% | +3.4% |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,18,323 | -2.6% |
| 3 years | ₹3,60,000 | ₹3,90,611 | 5.4% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Flexi Cap
Plan / option: Direct · Growth
AMFI scheme code: 151412
ISIN: INF769K01JJ2
First NAV in MFIC data: 27 Feb 2023
History: 3.6 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.99 | n/a |
| Mirae Asset ELSS Tax Saver Fund | ELSS | 0.98 | 10.6% |
| Mirae Asset Large & Midcap Fund | Large & Mid Cap | 0.98 | 10.3% |
| HDFC Large & Mid Cap Fund | Large & Mid Cap | 0.98 | 11.2% |
| Mirae Asset Multicap Fund | Multi Cap | 0.98 | 12.3% |
| Bajaj Finserv Large & Mid Cap Fund | Large & Mid Cap | 0.98 | n/a |
Questions about Mirae Asset Flexi Cap Fund
- What is the latest NAV of Mirae Asset Flexi Cap Fund?
- The NAV of the Direct plan (growth option) was ₹16.4180 on 2 Oct 2026, as published by AMFI.
- Which category is Mirae Asset Flexi Cap Fund in?
- It is classified as Flexi Cap in AMFI's daily NAV file; a Flexi Cap scheme invests at least 65% in equities without fixed limits across company sizes. MFIC compares it with 46 Flexi Cap schemes (Direct plans).
- What returns has Mirae Asset Flexi Cap Fund delivered?
- Over one year the NAV changed by 1.0%. The 3-year CAGR is 11.3% (category median 11.0%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 14.6%, the lowest was 11.1%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 100% of those periods.
- What was the largest fall in Mirae Asset Flexi Cap Fund's NAV?
- The largest peak-to-trough fall in its available history was 16.1%.
- How volatile is Mirae Asset Flexi Cap Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 14.4%, which is below the Flexi Cap category median of 15.6%.
- What would a monthly SIP in Mirae Asset Flexi Cap Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,90,611 on 2 Oct 2026, an annualised return (XIRR) of 5.4%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Mirae Asset Flexi Cap Fund?
- The total expense ratio of the Direct plan is 0.74% a year, as disclosed to AMFI (median of Flexi Cap Direct plans: 1.07%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Mirae Asset Flexi Cap Fund?
- Assets under management of the whole scheme were ₹4,369 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Mirae Asset Flexi Cap Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Mirae Asset Flexi Cap Fund and how has it compared?
- Its official benchmark is the Nifty 500 TRI. Over 3 years AMFI reports a return of 11.5% for this plan against 9.5% for the benchmark total return index. Past performance does not indicate future results.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 1.0% and the Regular plan's by -0.5%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.