Top 5 flexi cap mutual funds with best SIP returns in 3 years: No. 1 fund has converted Rs 25,000 monthly SIP into Rs 16.75 lakh
Top 5 flexi SIP mutual funds in 3 years: The flexi cap mutual fund category has grown by 38.80 per cent in 1 year, 19.38 per cent in 3 years, 20.62 per cent in 5 years, and 15.17 per cent in 10 years, as per Value Research data.
Top 5 flexi mutual funds with highest SIP returns in 3 years: When we talk about equity mutual fund investment, we practically talk about investment in companies of various market capitalisations. Some equity mutual funds are large-cap heavy; some have high proportions in mid-cap mutual funds, while others are small-cap heavy. We invest in these funds according to our risk appetite and financial goals. But, most of the time, we pick schemes that have a large exposure to one type of market capitalisation of stocks. What if we want to invest in a category that provides stability of large-cap stocks, flexibility of mid-cap stocks, and return of small-cap stocks? For such investors, flexi cap is the category. As per Association of Mutual Funds in India (AMFI), a flexi cap mutual fund has to invest at least 65 per cent of its investments in equity and equity-related instruments. In a flexi cap scheme, the fund manager can shift investments from poor-performing stocks to better-performing stocks. E.g., if at a given time, small- and mid- cap stocks are not performing well, the fund manager can shift investments to large-cap stocks. In this write-up, know the top 5 flexi cap mutual funds in terms of annualised SIP returns (XIRR) and what Rs 25,000 monthly SIP in each fund has grown to in that time frame.
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JM Flexicap Fund - Direct Plan
The fund at No. 1 position has given 44.78 per cent annualised SIP returns (XIRR) in three years. The fund has an asset base of Rs 3,216 crore, while its net asset value (NAV) is Rs 121.2842. Benchmarked against BSE 500 TRI, the fund has given a 20.58 per cent return since its inception in January 2013.
JM Flexicap Fund - Direct Plan
At an expense ratio of 0.43 per cent, the fund has Rs 1,000 as the minimum lump sum investment and Rs 100 as the minimum SIP investment. It has 98.01 per cent of its investments in equity, of which 29.84 per cent is in large-cap stocks, 14.66 per cent in mid-cap stocks, and 29.04 per cent in small-cap stocks. In a 64-stock portfolio, the fund has HDFC Bank, ICICI Bank, SBI, Infosys, and Mahindra and Mahindra as the main holdings.
A Rs 25,000 monthly SIP in the fund in 3 years, or a total of Rs 9 lakh, has turned into Rs 16,74,062.
Bank of India Flexi Cap Fund - Direct Plan
The fund has had 40.66 per cent annualised SIP returns in 3 years. The fund has an asset base of Rs 1,467 crore, while its NAV rate is Rs 39.4000. At an expense ratio of 0.59 per cent, the fund has had 39.82 per cent CAGR returns since its launch in June 2020. benchmarked against BSE 500 TRI, the fund has Rs 5,000 as the minimum lump sum investment and Rs 1,000 as the minimum SIP investment.
Bank of India Flexi Cap Fund - Direct Plan
The fund has 97.44 per cent of its investments in domestic equity, of which 32.45 per cent is in large-cap stocks, 19.4 per cent is in mid-cap stocks, and 21.82 per cent in small-cap stocks. In a 68-stock portfolio, the fund has HDFC Bank, SBI, Hindustan Aeronautics Limited, Vedanta, and Titagarh Rail as the main holdings.
A Rs 25,000 monthly SIP in the fund has swelled to Rs 15,89,235 in the tree-year period.
Quant Flexi Cap Fund - Direct Plan
The fund has 38.88 per cent annualised SIP returns in 3 years. With an asset base of Rs 6,885 crore, the fund has a NAV price of Rs 121.3497. Benchmarked against NIFTY 500 TRI, the fund has given 22.21 per cent CAGR since its inception in January 2103. With an expense ratio of 0.59 per cent, the fund has Rs 5,000 as the minimum lump sum investment and Rs 1,000 as the minimum SIP investment.
Quant Flexi Cap Fund - Direct Plan
The fund has 87.4 per cent of its investments in domestic equity, of which 39.17 per cent are in large-cap stocks, 16.24 per cent in mid-cap stocks, and 10.68 per cent in small-cap stocks. It has invested 4.09 per cent of its corpus in debt. In a small pool of 34 stocks, the fund's main holdings are RIL, HDFC Bank, Samvardhana Motherson International, Adani Power, and Kotak Bank.
A Rs 25,000 monthly SIP started in the fund three years ago has grown to Rs 15,53,455 as of today's date.
Invesco India Focused Fund - Direct Plan
The fund has had 37.2 per cent annualised SIP returns in three years. It has assets under management (AUM) of Rs 2,821 crore, while its NAV is Rs 28.6500. The fund that is benchmarked against BSE 500 TRI has given a CAGR of 31.58 per cent since its launch in September 2020. At an expense ratio of 0.60 per cent, the fund has Rs 1,000 as the minimum lump sum investment and Rs 500 as the minimum SIP investment.
Invesco India Focused Fund - Direct Plan
The fund has 94.58 per cent of its investments in domestic equities, of which 34.01 per cent is in large-cap stocks, 16.56 per cent is in mid-cap stocks, and 5.81 per cent in small-cap stocks.
A Rs 25,000 monthly SIP in the fund has given Rs 15,20,220 in the three-year time frame.
ICICI Prudential Retirement Fund - Pure Equity Plan - Direct Plan
The fund has given 37.02 per cent annualised SIP returns in three years. It has an asset base of Rs 872 crore, while its NAV price is Rs 33.6000. Benchmarked against NIFTY 500 TRI, the open ended fund has given a 25.02 per cent return since its inception in February 2019. At an expense ratio of 0.80 per cent, the fund has Rs 5,000 as the minimum lump sum investment and Rs 100 as the minimum SIP investment.
ICICI Prudential Retirement Fund - Pure Equity Plan - Direct Plan
The fund has 96.45 per cent of its investment in domestic equities, of which 48.86 per cent is in large-cap stocks, 20.09 per cent in mid-cap, and 16.43 per cent in small-cap stocks. In its 79-stock portfolio, the fund has Bharti Airtel, Ambuja Cement, Ultratech Cements, DLF, and Larsen & Toubro as the main investments.
A Rs 25,000 monthly SIP in the fund started three years ago has turned into Rs 15,16,653.