Top 6 flexi cap mutual funds with up to 42% annualised SIP returns in 3 years: No. 1 fund has converted Rs 16,666 monthly SIP into Rs 10.72 lakh
Top 6 flexi cap mutual funds with best SIP returns in 3 years: The flexi cap category has given 35.23 per cent annualised returns (XIRR) in 1 year, 17.21 per cent in 3 years, 20.79 per cent in 5 years, and 14.27 per cent in 10 years, as per Value Research data.
Top 6 flexi cap mutual funds with best SIP returns in 3 years: Flexi cap mutual funds are equity funds that can invest in any businesses of any market capitalisation. They can invest in large, mid, and small cap stocks as per their performance in the market. As per Securities Exchange Board of India (Sebi), they need to have a minimum of 75 per cent of their investments in equity and equity-related instruments. They need to maintain 25 per cent of their portfolio in large, mid, and small cap stocks. Since they have mid and small cap stocks, they are not considered as stable as large cap stocks, but exposure to lower market capitalisation stocks gives them potential for growth. Flexi cap funds can be considered for a long-term investment horizon. The flexi cap category has given 35.23 per cent annualised returns (XIRR) in 1 year, 17.21 per cent in 3 years, 20.79 per cent in 5 years, and 14.27 per cent in 10 years. Here, we take you through the top 6 flexi cap mutual funds with the highest SIP returns (XIRR) in the 3-year time frame and will also let you know about how a Rs 16,666 monthly SIP in each of them has turned out to be.
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JM Flexicap Fund - Direct Plan
The fund has given 41.59 per cent annualised SIP returns in the 3-year time frame.
It has assets under management (AUM) of Rs 4,228 crore, while its net asset value (NAV) is Rs 120.0494.
JM Flexicap Fund - Direct Plan
Benchmarked against BSE 500 TRI, the fund has given 20.25 per cent annualised return since its inception in January 2013.
JM Flexicap Fund - Direct Plan
In a portfolio of 66 stocks, the fund has REC, L&T, Dr Reddy's Lab, Infosys, and HDFC as its main holdings.
A Rs 16,666 monthly SIP in JM Flexicap Fund - Direct Plan in 3 years, or a total investment of Rs 5,99,976 has turned into Rs 10,72,592 in the 3-year period.
Bank of India Flexi Cap Fund - Direct Plan
The fund has had 36.87 per cent annualised SIP returns in 3 years.
It has AUM of Rs 1,835 crore, while the fund's NAV is Rs 38.5600.
Bank of India Flexi Cap Fund - Direct Plan
Benchmarked against BSE 500 TRI, the fund has given 37.84 per cent annualised returns since its debut in June 2020.
Bank of India Flexi Cap Fund - Direct Plan
In its portfolio of 66 stocks, the fund has HDFC Bank, Vedanta, SBI, Oil India, HAL, and NTPC as its main holdings.
A Rs 16,666 monthly SIP in the fund has grown to Rs 10,09,602 in the 3-year time frame.
Invesco India Focused Fund - Direct Plan
The fund has given 39 per cent annualised SIP returns in the 3-year period.
Its AUM is Rs 3,080 crore, while its NAV is Rs 30.0200.
Invesco India Focused Fund - Direct Plan
Benchmarked against BSE 500 TRI, the fund has given 32.08 per cent annualised returns since its launch in September 2020.
Invesco India Focused Fund - Direct Plan
In a portfolio of 20 stocks, the fund has ICICI Bank, Infosys, HDFC Bank, Trent, and Dixon Technology as the main holdings.
A Rs 16,666 monthly SIP in the fund has jumped to Rs 10,37,717 in 3 years.
Quant Flexi Cap Fund - Direct Plan
The fund has had 35.26 per cent annualised SIP returns in the 3-year time frame.
It has an asset base of Rs 7,710 crore, while the fund's NAV is Rs 119.0677.
Quant Flexi Cap Fund - Direct Plan
Benchmarked against NIFTY 500 TRI, the fund has given 21.77 per cent annualised returns since its inception in January 2013.
Quant Flexi Cap Fund - Direct Plan
In a 33-stock portfolio, the fund has RIL, ITC, Samvardhana Motherson, Adani Power and LIC as its main holdings.
A Rs 16,666 monthly SIP in the fund has swelled to Rs 9,88,662 in the 3-year period.
Motilal Oswal Flexi Cap Fund - Direct Plan
The fund has given 35.97 per cent annualised SIP returns in 3 years.
It has AUM of Rs 11,728 crore, while its NAV is Rs 66.6507.
Motilal Oswal Flexi Cap Fund - Direct Plan
Benchmarked against NIFTY 500 TRI, the fund has given 20.05 per cent annualised returns since its beginning in April 2014.
Motilal Oswal Flexi Cap Fund - Direct Plan
In a 17-stock portfolio, the fund has Trent, Kalyan Jewellers, Jio Financial Services, and Persistent Systems as its main holdings.
A Rs 16,666 monthly SIP in the fund has converted into Rs 9,97,809 in the 3-year time frame.
Mahindra Manulife Focused Fund - Direct Plan
The fund has had 34.21 per cent annualised SIP returns in the 3-year period.
Its AUM is Rs 1,785 crore, while the fund has NAV of Rs 29.5324.
Mahindra Manulife Focused Fund - Direct Plan
Benchmarked against NIFTY 500 TRI, the fund has given 32.78 per cent annualised returns since its launch in November 2020.
Mahindra Manulife Focused Fund - Direct Plan
In its portfolio of 30 stocks, the fund has HDFC Bank, RIL, ICICI Bank, Infosys, ITC, and SBI as the main holdings.
A Rs 16,666 monthly SIP in the fund has jumped to Rs 9,75,216 in the 3 years.