Top 3 multi and top 3 flexi cap mutual funds with best SIP returns in 1 year: Know which has given highest return on Rs 33,333 monthly SIP investment
Top 3 multi and top 3 flexi cap mutual funds with highest SIP returns in 1 year: Multi cap and flexi cap mutual funds are very much alike. Both need to maintain a mix of large, mid, and small cap stocks in their portfolios. The only difference is that while flexi cap funds can have these stocks in any proportion, multi cap funds need to have at least 25 per cent of each cap.
Top 3 multi and top 3 flexi cap mutual funds with highest SIP returns in 1 year: For investors who want diversify into large, mid, and small cap funds through a single fund, flexi and multi cap mutual funds can be a popular choice. Both categories need to maintain large, mid, and small cap stocks in their portfolios. The manager can change this mix based on market conditions. Know more about both categories and also about the top 3 multi and flexi cap funds each with highest SIP returns (XIRR) in 1 year. Also know how a Rs 33,333 monthly SIP investment in each fund has performed in that period.
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What are flexi cap mutual funds?
As per Securities Exchange Board of India's (Sebi) instructions, flexi cap mutual funds need to have at least 65 per cent of their investments in equity and equity-related instruments. But what makes them unique is the flexi cap fund manager's freedom to pick the stock of any cap- large, mid, or small—and of the company of any market capitalisation. The benefit of this unique combination is that the manager can drop the stocks of a non-performing cap and pick the stocks of a performing cap. But, on the other hand, it also makes the manager's job tough as they need to pick stocks from a vast ocean of companies. The flexi cap category is very highly risky and is suitable for investors with a long-term horizon. The flexi cap mutual fund category has given a 12.08 per cent annualised return (CAGR) in 1 year, 11.88 per cent in 3 years, 16.32 per cent in 5 years, and 12.81 per cent in 10 years.
What are multi cap mutual funds?
Multi cap mutual funds also need to have large, mid, and small cap stocks in their portfolio, but the manager needs to maintain at least a 25 per cent proportion of each cap. For the rest of the stocks, the manager can keep it large-, mid-, or small cap-heavy. The manager also needs to maintain at least 75 of the fund's investments in equity and equity-related instruments. The category was launched in January 2020. It has given a 14.50 per cent annualised return (CAGR) in 1 year and 16.00 per cent in 3 years.
Top 3 multi cap mutual funds with best SIP returns in 1 year
LIC MF Multi Cap Fund Direct - Growth
The fund has given 14.77 per cent annualised SIP return in the 1-year period.
It has assets under management (AUM) of Rs 1,465 crore, while its net asset value (NAV) is Rs 16.95.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 26.89 per cent annualised return since its beginning in October 2022.
LIC MF Multi Cap Fund Direct - Growth
With an expense ratio of 0.45 per cent, the fund has Rs 1,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 33,333 monthly SIP investment in 1 year, or a total investment of Rs 3,99,996, has grown to Rs 4,33,487.03.
Axis Multicap Fund - Direct Plan
The fund has given 12.51 per cent annualised SIP return in 1 year.
It has AUM of Rs 7,034 crore, while its NAV is Rs 17.63.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 20.28 per cent annualised return since its starting in November 2021.
Axis Multicap Fund - Direct Plan
At an expense ratio of 0.69 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 33,333 monthly SIP investment in the 1-year period has jumped to Rs 4,28,164.32.
WhiteOak Capital Multi Cap Fund Direct - Growth
The fund has given 12.26 per cent annualised SIP return in the 1-year time frame.
It has AUM of Rs 3,897 crore, while its NAV is Rs 14.15.
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 30.14 per cent annualised return since its inception in August 2023.
WhiteOak Capital Multi Cap Fund Direct - Growth
With an expense ratio of 0.44 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 33,333 monthly SIP investment in 1 year has sprung to Rs 4,27,580.04.
Top 3 flexi cap funds with best SIP returns in 1 year
Motilal Oswal Flexi Cap Fund Direct-Growth
The fund has given 17.89 per cent annualised SIP return in 1 year.
It has a fund size of Rs 13,162 crore, while its unit price is Rs 64.87.
Benchmarked against NIFTY 500 TRI, the fund has given 19.1 per cent annualised return since its debut in April 2014.
Motilal Oswal Flexi Cap Fund Direct-Growth
With an expense ratio of 0.88 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 33,333 monthly SIP investment in the 1-year period has swelled to Rs 4,40,957.25.
Invesco India Flexi Cap Fund Direct - Growth
The fund has given 12.94 per cent annualised SIP return in the 1-year period.
It has AUM of Rs 2,576 crore, while its unit price is Rs 18.53.
Benchmarked against BSE 500 TRI, the fund has given 23.52 per cent annualised return since its launch in January 2022.
Invesco India Flexi Cap Fund Direct - Growth
At an expense ratio of 0.61 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment each.
A Rs 33,333 monthly SIP investment in the 1-year time frame has converted into Rs 4,29,171.39.
Parag Parikh Flexi Cap Fund Direct-Growth
The fund has given 10.97 per cent annualised SIP return in the 1-year time frame.
It has an asset base of Rs 87,539 crore, while its NAV is Rs 85.38.
Benchmarked against NIFTY 500 TRI, the fund has given 20.22 per cent annualised return since its starting in May 2013.
Parag Parikh Flexi Cap Fund Direct-Growth
At an expense ratio of 0.63 per cent, the fund has Rs 1,000 as the minimum SIP and lump sum investment each.
A Rs 33,333 monthly SIP investment in 1 year has grown to Rs 4,24,579.3.