Top 7 Flexi Cap Mutual Funds With Highest SIP Returns in 10 Years: Rs 12,000 monthly SIP investment in No 1 scheme has turned into Rs 50,82,710; know about others too
Top 7 Flexi Cap Mutual Funds With Best SIP Returns in 10 Years: The flexi cap mutual fund category provides exposure of large, mid, and small cap stocks to its investors. The fund manager can pick and drop the stock of the company of any market capitalisation. The category has given 30.48 per cent anualised return in 1 year, 16.35 per cent in 3 years, 18.06 per cent in 5 years, and 13.41 per cent in 10 years.
Top 7 Flexi Cap Mutual Funds With Highest SIP Returns in 10 Years: Investors seeking diversification for their portfolio and mixed returns invest in large, mid, and small cap mutual funds. All 3 categories are heavy with their own stocks, i.e., large cap mutual funds need to have at least 80 per cent of their investments in large cap stocks, while mid cap and small cap funds need to have at least 65 per cent investments in mid and small cap stocks, respectively. But in flexi cap mutual funds, they can invest in all 3 caps simultaneously. Flexi cap mutual funds have the stocks of the companies of any market capitalisation (large, mid, or small). The fund manager picks the stocks from the performing category and sells non-performing holdings. Though the manager of a flexi cap mutual fund can keep a balance between stability and growth, the category belongs to equity funds and is not suitable for short-term investment. The category has given 30.48 per cent annualised return in 1 year, 16.35 per cent in 3 years, 18.06 per cent in 5 years, and 13.41 per cent in 10 years, as per Value Research data.
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Quant Flexi Cap Fund - Direct Plan
The fund has given 23.83 per cent annualised SIP return in the 10-year period.
It has assets under management (AUM) of Rs 7,514 crore, while its net asset value (NAV) is Rs 107.6474.
Benchmarked against NIFTY 500 TRI, the fund has given 20.32 per cent annualised returns since its debut in January 2013.