Top Flexi Cap Fund vs Multi Cap Mutual Funds with highest SIP returns in 10 years: Rs 20,000 monthly investment in No. 1 fund has grown to Rs 79.04 lakh
Flexi cap funds are ideal for long-term goals that are more than 7 years away, and Multi cap mutual funds are ideal for an investment horizon of 5+ years. Flexi cap mutual funds offer greater flexibility to fund managers, which allows them to adjust their portfolio allocation based on market outlooks and performance. Whereas, Multi cap funds have a more rigid structure with a mandatory allocation to each market cap segment.
Flexi cap is an equity fund that doesn't restrict investors to specific market cap segments, giving them the flexibility to adjust their portfolios based on the market conditions. In simple words, a flexi cap mutual fund invests in any of the market cap segments, such as large cap, mid cap, or small cap companies. On the other hand, Multi Cap funds invest their corpus in a portfolio of equity and equity-related stocks of companies with varying market capitalisations. So, in a Multi Cap mutual fund, you will find investments in large-cap, small-cap, and mid-cap companies. Thus, take a look at the top Flexi Cap Fund vs Multi Cap Mutual Funds with the highest SIP returns.
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DISCLAIMER: Not financial advice; invest at your own risk
HDFC Flexi Cap
In 10 years, the HDFC Flexi Cap fund has given a 19.88 per cent annualised return. Its assets under management (AUM) are Rs 69,639 crore, while its net asset value (NAV) is Rs 2,102.43. Benchmarked against NIFTY 500 TRI, the fund has given annualised returns of 17.22 per cent since its launch in January 2013.
HDFC Flexi Cap
With an expense ratio of 0.81 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment. A monthly SIP investment of Rs 20,000 and a total investment of Rs 24 lakh has grown to Rs 68,40,000 in 10 years.
Nippon India Multi Cap Fund
This Nippon India Multi Cap Fund has delivered a 19.51 per cent annualised return in 10 years. It has a fund size of Rs 38,637 crore and a unit price of Rs 306.82. Its benchmark is the Nifty 500 Multicap 50:25:25 TRI, and since its launch in January 2013, it has achieved an annualised return of 16.87 per cent.
Nippon India Multi Cap Fund
With an expense ratio of 0.77 per cent, the fund’s minimum investment requirements are Rs 500 for SIPs and Rs 5,000 for lump sum. In 10 years, a Rs 20,000 monthly SIP investment has grown to Rs 67,04,000.
JM Flexicap Fund
In 10 years, the JM Flexicap Fund has given a 20.21 per cent annualised return. Its assets under management (AUM) are Rs 5,263 crore, while its net asset value (NAV) is Rs 108.36. Benchmarked against BSE 500 TRI, the fund has given annualised returns of 18.16 per cent since its launch in January 2013.
JM Flexicap Fund
With an expense ratio of 0.56 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment. A monthly SIP investment of Rs 20,000 and a total investment of Rs 24 lakh has grown to Rs 69,63,000 in 10 years.
ICICI Prudential Multicap Fund
This ICICI Prudential Multicap Fund has delivered a 17.99 per cent annualised return in 10 years. It has a fund size of Rs 13,938 crore and a unit price of Rs 850.5. Its benchmark is the Nifty 500 Multicap 50:25:25 TRI, and since its launch in January 2013, it has achieved an annualised return of 16.94 per cent.
ICICI Prudential Multicap Fund
With an expense ratio of 0.99 per cent, the fund’s minimum investment requirements are Rs 500 for SIPs and Rs 5,000 for lump sum. In 10 years, a Rs 20,000 monthly SIP investment has grown to Rs 61,78,000.
Quant Flexi Cap Fund
In 10 years, the Quant Flexi Cap Fund has given a 22.55 per cent annualised return. Its assets under management (AUM) are Rs 6,712 crore, while its net asset value (NAV) is Rs 106.17. Benchmarked against NIFTY 500 TRI, the fund has given annualised returns of 19.46 per cent since its launch in January 2013.
Quant Flexi Cap Fund
With an expense ratio of 0.62 per cent, the fund has Rs 1,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment. A monthly SIP investment of Rs 20,000 and a total investment of Rs 24 lakh has grown to Rs 79,04,000 in 10 years.