Should I invest in Mirae Asset Flexi Cap Fund?

We don't give personal investment advice. Mirae Asset Flexi Cap Fund - Direct Plan - IDCW is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding.

Mirae Asset

Mirae Asset Flexi Cap Fund - Direct Plan - IDCW

Latest NAV

₹16.1740

As of

3 Jun 2026

800 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.29%	-0.75%	+1.04	26 / 105	Q1
1W	-1.70%	-1.81%	+0.11	78 / 104	Q3
2W	-0.29%	-1.11%	+0.82	63 / 104	Q3
1M	-1.32%	-1.16%	-0.16	73 / 104	Q3
3M	-1.55%	+1.00%	-2.55	70 / 103	Q3
6M	-4.82%	+1.92%	-6.73	65 / 100	Q3
YTD	-5.45%	-1.23%	-4.22	65 / 98	Q3
1Y	+3.12%	+9.43%	-6.32	47 / 88	Q3
2Y	+5.55%	+5.85%	-0.29	37 / 82	Q2
3Y	+14.59%	+10.05%	+4.54	17 / 71	Q1
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+16.01%	+8.04%	+7.97	15 / 105	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-5.45%	-6.20%	+0.75	22 / 46
2025	+9.86%	+1.97%	+7.89	4 / 43
2024	+18.53%	+18.83%	-0.31	16 / 42
2023	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+16.50%

28 windows

min 1.0% · max 35.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+15.67%

4 windows

min 14.6% · max 17.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

13.19%

3-year · annualised

Sharpe ratio

0.61

vs risk-free 6.5%

Sortino ratio

0.94

Downside-only deviation

Max drawdown

-16.10%

Sep 2024 → Apr 2025

% positive months

75.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Flexi Cap Fund

Scheme	Fund house	NAV	As of
HDFC Flexi Cap Fund - IDCW Option - Direct Plan	HDFC	₹85.5390	3 Jun 2026
Nippon India Flexi Cap Fund - Direct Plan - IDCW Option	Nippon India	₹17.0211	3 Jun 2026
SBI Flexicap Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹58.6919	2 Jun 2026
ICICI Prudential Flexicap Fund - Direct Plan - IDCW	ICICI Prudential	₹16.7500	3 Jun 2026
Invesco India Flexi Cap Fund - Direct Plan - IDCW	Invesco	₹17.0200	3 Jun 2026
BANDHAN Flexi Cap Fund-Direct Plan-IDCW	Bandhan	₹49.6510	3 Jun 2026
quant Flexi Cap Fund - IDCW Option - Direct Plan	Quant	₹80.8500	3 Jun 2026
Aditya Birla Sun Life Flexi Cap Fund -DIRECT - IDCW	Aditya Birla Sun Life	₹224.7300	3 Jun 2026
Motilal Oswal Flexi Cap Fund Direct - IDCW Payout/Reinvestment	Motilal Oswal	₹31.2807	3 Jun 2026
Franklin India Flexi Cap Fund - Direct - IDCW	Franklin India	₹66.6106	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹16.1740
2 Jun 2026	₹16.2380
1 Jun 2026	₹16.1910
29 May 2026	₹16.3620
27 May 2026	₹16.5610
26 May 2026	₹16.5190
25 May 2026	₹16.5430
22 May 2026	₹16.3570
21 May 2026	₹16.3540
20 May 2026	₹16.3450

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Mirae Asset Flexi Cap Fund - Direct Plan - IDCW is ₹16.1740. It's a Flexi Cap Fund from Mirae Asset, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mirae Asset Flexi Cap Fund - Direct Plan - IDCW has NAV history starting from 27 Feb 2023, a track record of about 3 years 3 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Mirae Asset Flexi Cap Fund - Direct Plan - IDCW is managed by Mirae Asset. It's classified by AMFI under the 'Flexi Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Flexi Cap Fund - Direct Plan - IDCW has delivered a absolute return of 3.12% — -6.32 pp behind the Flexi Cap Fund category average of 9.43%. The fund ranks #47 of 88 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Mirae Asset Flexi Cap Fund - Direct Plan - IDCW has delivered a CAGR of 14.59% — +4.54 pp ahead of the Flexi Cap Fund category average of 10.05%. The fund ranks #17 of 71 in its category — the top (Q1) quartile.

Mirae Asset Flexi Cap Fund - Direct Plan - IDCW doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Mirae Asset Flexi Cap Fund - Direct Plan - IDCW exactly 3 years ago would be worth approximately ₹150,477 today — a multiplier of 1.50×, based on the 3-year CAGR of 14.59%. The category average over the same window would have grown ₹1 lakh to ₹133,288.

A ₹10,000 monthly SIP in Mirae Asset Flexi Cap Fund - Direct Plan - IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹405,613 today. That's an XIRR (money-weighted annualised return) of 7.89%.

Mirae Asset Flexi Cap Fund - Direct Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹405,613 — XIRR 7.89%.

On a 3-year basis, Mirae Asset Flexi Cap Fund - Direct Plan - IDCW ranks #17 out of 71 funds in the Flexi Cap Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 10.05%; this fund delivered 14.59%.

The worst peak-to-trough decline Mirae Asset Flexi Cap Fund - Direct Plan - IDCW has experienced over the last 3-year window is 16.10% — its NAV fell from a high on 26 Sep 2024 to a low on 07 Apr 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Mirae Asset Flexi Cap Fund - Direct Plan - IDCW averaged 15.67% (best 17.01%, worst 14.59%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.61 — reasonable risk-adjusted performance.

In calendar year 2025, Mirae Asset Flexi Cap Fund - Direct Plan - IDCW returned 9.86% — beating the Flexi Cap Fund category average of 1.97% by 7.89 pp. It ranked #4 of 43 in its category that year.

Mirae Asset Flexi Cap Fund - Direct Plan - IDCW is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Mirae Asset Flexi Cap Fund - Direct Plan - IDCW is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.