Tuesday, March 28, 2023
NEW FUND OFFER: Mirae Asset Flexi Cap Fund aims to adjust according to the growth potential
  SocialTwist Tell-a-Friend  

(An open-ended Dynamic Equity Fund investing across large cap, mid cap and small cap stocks)

MUMBAI, India, Feb. 3, 2023 /PRNewswire/ --  Mirae Asset Mutual Fund, one of the fastest growing fund houses in India, has announced the launch of Mirae Asset Flexi Cap Fund. The NFO for the fund opens for subscription on February 3, 2023 and closes on February 17, 2023. The fund will be managed by Mr Vrijesh Kasera, Fund Manager. The minimum initial investment in the fund will be Rs 5,000 and multiples of Re 1 thereafter. Mirae Asset Flexi Cap Fund will be benchmarked against the NIFTY50 TRI.

The Flexi Cap Fund will invest across market capitalisation—large cap, mid cap and small cap, thus offering a large investment horizon to help investors capture the growth curves across sectors.

How can this fund help in the investment journey:

  • Extensive investible universe with no M-cap limits - across large cap, mid cap and small cap segments
  • Mix of value and growth stocks
  • India growth story continues to be resilient
  • Diversification of ideas, sectors, caps and risk

Mirae Asset Flexi Cap Fund is ideal for those investors who are looking at remaining invested for a long term - 5 years and above, investors who are in the process of building a core portfolio and new investors who are looking to invest across market cap i.e. Large cap, midcap and small cap stocks using a single fund.

Vrijesh Kasera, Fund Manager, Mirae Asset Investment Managers (India) Pvt. Ltd. said, "The India story is still very resilient and investors could experience the benefit of participating in the growth of the Indian economy and its diverse sectors that contributes towards this growth. Through our bottom up stock selection process, we will invest in companies with growth potential, which we can hold for longer term on its merit and we believe such opportunities are available across market cap. These stocks are selected from diverse sectors that may have substantial growth in the coming years."

Swarup Mohanty, CEO, Mirae Asset Investment Managers (India) Pvt. Ltd. said, "Mirae Asset Mutual Fund continues to remain focused on bringing investment solutions to investors based on their risk appetite as well as capital market outlook on a long-term basis. Mirae Asset Flexi Cap Fund is being offered at a time when India's macro-economic outlook is robust and the capex cycle across many segments is set to witness a significant uptrend."

"Our product suite aims to reflects the market conditions while addressing the risk reward factor of investors, and we believe that Mirae Asset Flexi Cap Fund can be an integral part of investors' portfolio on a long-term basis," Mr. Mohanty added.

The NFO offers both direct and regular plan.


^Large Cap: 1st -100th company in terms of full market capitalization. Mid Cap: 101st -250th company in terms of full market capitalization. Small Cap: 251st company onwards in terms of full market capitalization.

NSE Indices Ltd Disclaimer: NSE INDICES LIMITED do not guarantee the accuracy and/or the completeness of the Index or any data included therein and NSE INDICES LIMITED shall have not have any responsibility or liability for any errors, omissions, or interruptions therein. NSE INDICES LIMITED does not make any warranty, express or implied, as to results to be obtained by the Issuer, owners of the product(s), or any other person or entity from the use of the Index or any data included therein. NSE INDICES LIMITED makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, NSE INDICES LIMITED expressly disclaim any and all liability for any claims, damages or losses arising out of or related to the Products, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.

Statutory Details: Trustee: Mirae Asset Trustee Company Private Limited; Investment Manager: Mirae Asset Investment Managers (India) Private Limited (AMC); Sponsor: Mirae Asset Global Investments Company Limited. For further information about other schemes (product labelling and performance of the fund) please visit the website of the AMC: www.miraeassetmf.co.in

Please consult a financial advisor or mutual fund distributor before investing.

The Product Labelling assigned during the NFO is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.

Mirae Asset Flexi Cap Fund is suitable for investors who are seeking*-

  • To generate long term appreciation/income.
  • Investment in equity and equity related instruments across market capitalization spectrum of large cap , mid cap and small cap companies.

*Investors should consult their financial advisors if they are not clear about the suitability of the product

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.


Cision View original content:https://www.prnewswire.com/in/news-releases/new-fund-offer-mirae-asset-flexi-cap-fund-aims-to-adjust-according-to-the-growth-potential-301738143.html

More News by PR Newswire India

Otr Elkalam: In the world's largest religious competition - A Saudi Opera Singer Eliminates a Voice Coach

The Organizing Committee of Memorial Ceremony to Ancestor Huang Di in his Native Place Held its Press Conference in Beijing

Aramco to expand presence in China by acquiring 10% stake in Rongsheng Petrochemical


Syndigo Announces Additional Generative AI Capabilities to its Client Platform

2026 All-Time High in Store for Global 300mm Semiconductor Fab Capacity After 2023 Slowdown, SEMI Reports

Tata Communications brings JAMVEE™ - an integrated, simplified cloud-based calling solution for global enterprises

38th Annual World Petrochemical Conference: Wanhua Chemical Shares Inspiring and Insightful Practice on Sustainability in Petrochemical Industry


Shipping industry can save $50 bn through four enablers of operational efficiency

LyondellBasell and EEW sign LOI for potential advanced waste sorting

Armis Achieves U.S. Department of Defense Impact Level 4 Authorization

The Second International Forum on "Democracy: The Shared Human Values" kicked off in Beijing

Bitget Becomes the First Centralized Exchange to Offer Financial Transparency Through Space and Time

Forever New Launches Exquisite SS23 Collection Featuring Pooja Hegde

Transparent & good governance, inclusive Growth and opportunities for all mark the emergence of New India under the leadership of PM Narendra Modi says Union MoS Rajeev Chandrasekhar

Inkspell set to organize the Video Media (vIdea) Awards & Summit 2023 on 27th April

Indian Low-voltage Switchgear Market Witnesses Surge Due to Pent-up Demand and an Increase in the Average Price

Aramco JV HAPCO to commence construction of major refinery and petrochemical complex in China

GCL System Integration Brings N-Type Innovation TOPCon and Latest BIPV Products to PV EXPO 2023

Aditi Mittal, Director at IndiaBonds and A. K. Group wins Times 40 Under 40 Award

Beamery Announces TalentGPT, the World's First Generative AI for HR

Appian appoints Douglas Coleman as Head of Mexico

Measure the Impact of Mantras on the Brain with the Sadhana app

International Aluminium Institute launches Aluminium Forward 2030 Coalition

Bharat KYC secures 'Fastest eKYC' and QuantPower bags 'Best Algo Trading Platform' Award from NITI Ayog Advisor & Bollywood Diva Bhagyashree

Transcoding and Content Security Workflow Simplified: INKA Entworks's PallyCon and Dolby Hybrik Join Hands for an Integrated Solution

ESG practices towards transformative change for a more sustainable world

Making Open Source Truly Open

The 3rd Conference of Great Business Partners to be held in Shandong

New Cryptocurrency BASALTCOIN set to Launch with a Mission to Revolutionize the Greentech Industry

CGTN: How China keeps its promise to build a community of common health for mankind

CGTN: Analysis: China's economic resilience boosts global recovery prospects

YourStory's TechSparks makes thundering debut in Mumbai: A two-day gala featuring India's top entrepreneurs, investors, innovators, and more

2020 Delhi riots: Court dismisses bail p...
Neither Sikhs in India nor Indian diaspo...
Centre reviews public health preparednes...
BSF finds 6 kg of drugs dropped by drone...
India's first cloned desi Gir female cal...
New NCERT textbooks to be developed in 2...
 Top Stories
Two SC judges challenge powers of C... 
"People of Bengal have always been ... 
Direct flight between Amritsar-UK t... 
Centre to ready to make policy for ... 
"Will not take back Right to Health... 
Odisha CM Naveen Patnaik asks Centr... 
US: Biden calls Nashville shooting ... 
Israel PM Netanyahu delays judicial...