DGCAMar 15
These 3 Crisil Rank 1 Flexicap Mutual Funds converted Rs 20,000 monthly SIP to up to 70.32 lakh in 10 years
- Written by ZeeBiz WebTeam
Published: Zee Business| Updated: Zee Business
Flexi-cap mutual funds have gained traction among investors month-on-month, with net inflow at Rs 5,615 crore in March. Primarily, flexicap mutual funds are equity funds that can invest in stocks across large, mid and smallcap stocks but with a mandate of a minimum 65 per cent allocation in equities or equity-oriented securities.
This category of funds hence offers a well-diversified portfolio across multiple sectors and market capitalization. The flexibility that comes with these funds helps fund managers concentrate the corpus in segments that are expected to perform better, improving return potential as well as risk management.
1/10
Flexicap funds offer growth potential with less aggressive bets
1/10As Flexicap mutual funds allow fund managers to devise strategies across market capitalisations, these funds offer ample growth potential without aggressive risky bets.
2/10
Flexicap funds balance risk and reward effectively
2/10As these funds come without any restriction in respect of asset allocation, these funds can manage risk and reward in a dynamic way-i.e. fund managers can realign their portfolio based on prevailing market trends.
3/10
Flexicap funds - A preferred investment option during high volatility
3/10Given their inherent flexibility, flexicap funds are best suited during times of volatility, as they can recalibrate their allocation towards large, mid and smallcap stocks.
4/10
Top 3 Crisil Rank 1 Flexicap Mutual Funds
4/10Below, we will detail the top 5 Crisil-ranked Flexicap mutual funds along with their returns. The rating agency Crisil, unlike other ranking models, employs a combination of NAV and portfolio-based attributes for evaluation and ranking of mutual funds.
5/10
HDFC Flexi Cap Fund - Direct Plan - Growth
5/10The fund commands a NAV of Rs 2083.532 and a sizable AUM of Rs 69639.05 crore. Expense ratio of the fund is on the higher side at 0.81 per cent. Primarily, the fund holds banking stocks including the likes of HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, SBI Life and Maruti Suzuki among others. On a 1-year basis, the scheme has beaten the benchmark, while its 5-year annualised return is 32.09 per cent.
6/10
HDFC Flexi Cap Fund - Direct Plan (G) return estimates
6/10SIP investment of Rs 20,000 per month started 10 years ago with an investment of Rs 24 lakh across 10 years will be now worth Rs 66.99 lakhs (annualised return of 19.51 per cent)
7/10
Motilal Oswal Flexi Cap Fund - Direct Plan - Growth
7/10This fund from the house of Motilal Oswal carries a NAV of Rs 57.51 and a fund size of Rs 12266.94 crore. Furthermore, expense ratio of the fund is 1.73 per cent. Some of the top holdings of the fund are Coforge, Persistent Systems, Polycab India, Kalyan Jewellers and Trent among others.
On a 1-year basis, the scheme has beaten the benchmark Nifty 500 TRI, while its 5-year annualised return is 22.9 per cent.
8/10
Motilal Oswal Flexi Cap Fund - Direct Plan (G) return estimates
8/10SIP investment of Rs 20,000 per month started 10 years ago with an investment of Rs 24 lakh across 10 years will be now worth Rs 53.41 lakhs (annualised return of 15.3 per cent)
9/10
Parag Parikh Flexi Cap Fund- Direct Plan- Growth
9/10From the house of PPFAS Mutual Fund, this fund is again accorded Rank 1 by Crisil. The fund's NAV is Rs 87.78, while the fund size is Rs 93,441 crore. Expense ratio of the fund is 0.63 per cent. Some of the top holdings of the fund are HDFC Bank, Coal India, Bajaj Holdings, Power Grid Corporation of India and ICICI Bank among others.
The fund's annualised return over a 5-year period is more than 29 per cent.
10/10
Parag Parikh Flexi Cap Fund- Direct Plan- (G) return estimates
10/10Rs. 20,000 monthly SIP in the fund has grown to Rs 70.32 lakhs in 10 years, offering an annualised return of 20.4 per cent.
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