Top 7 flexi cap mutual funds with best SIP returns in 5 years: No. 1 fund has converted Rs 20,000 monthly SIP into Rs 30.18 lakh
Top 7 flexi cap mutual funds with best SIP returns in 5 years: As per Securities Exchange Board of India categorisation, flexi cap mutual funds need to invest 65 per cent of their funds in equity or equity-related instruments. It offers exposure to a wide range of equity securities, covering different industries and businesses. The fund manager is free to invest in any market cap and in any percentage.
Top 7 flexi cap mutual funds with best SIP returns in 5 years: When we talk about diversification of our mutual fund portfolio, we can have large cap, mid cap, and small cap mutual funds in our portfolio based on return expectation and risk-taking capacity. Or, we may pick a fund that needs to maintain a certain amount of large, mid and small cap stocks. But what if we want to fund where the fund manager has all 3 types of stocks and where they can change the mix of all 3 caps based on market conditions. For that, flexi cap mutual fund is the category. As per Securities Exchange Board of India categorisation, flexi cap mutual funds need to invest 65 per cent of their funds in equity or equity-related instruments. It offers exposure to a wide range of equity securities, covering different industries and businesses. The fund manager is free to invest in any market cap and in any percentage. The flexi cap mutual fund category has given 36.24 per cent lump sum returns in 1 year, 17.32 per cent in 3 years, and 20.04 per cent in 5 years, as per Value Research data. Here are the top 7 flexi cap mutual funds with the highest SIP returns (XIRR) in 5 years. Also get to know the value of Rs 20,000 monthly SIP in each fund.
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Quant Flexi Cap Fund - Direct Plan
The fund has given 37.94 per cent SIP return in 5 years. The fund has assets under management (AUM) of Rs 7,436 crore, while its net asset value (NAV) is Rs 116.1408. Benchmarked against NIFTY 500 TRI, the fund has given a 21.67 per cent return since its launch in January 2013.
Quant Flexi Cap Fund - Direct Plan
The fund's 92.45 per cent investments are in equity. In its 34-stock portfolio, the fund has RIL, ITC, and HDFC Bank as the main holdings.
A Rs 20,000 monthly SIP in the fund in 5 years, or a total of Rs 12 lakh investment, has grown to Rs 30,17,955 as of today's date.
JM Flexicap Fund - Direct Plan
The fund has had a 34.39 per cent annualised SIP return in 5 years. It has an asset base of Rs 3,855 crore, while its NAV is Rs 116.6902.
Benchmarked against BSE 500 TRI, the fund has given a 20.11 per cent annualised return since its launch in January 2013.
JM Flexicap Fund - Direct Plan
The fund's 97.99 per cent investments are in equity. In its 66-stock portfolio, the fund has REC, HDFC Bank, Infosys, and L&T as the main holdings.
A Rs 20,000 monthly SIP in the fund has converted into Rs 27,79,978 in 5 years.
HDFC Flexi Cap Direct Plan-Growth
The fund has given 30.18 per cent annualised SIP returns in the 5-year time frame. The fund has AUM of Rs 61,572 crore, while its NAV is Rs 1,977.61. Benchmarked against NIFTY 500 TRI, the fund has given 17.71 per cent annualised return since its launch in January 2013.
HDFC Flexi Cap Direct Plan-Growth
The fund has 87.81 per cent of its investments in equity. In its 47-stock portfolio, the fund has ICICI Bank, HDFC Bank, Axis Bank, and Cipla as the main holdings.
A Rs 20,000 monthly SIP in the fund has turned into Rs 25.18 in 5 years.
Franklin India Flexi Cap Fund Direct-Growth
The fund has given 28.19 per cent annualised SIP return in 5 years. The fund has an asset base of Rs 17,417 crore, while its NAV is Rs 1,755.81. Benchmarked against NIFTY 500 TRI, the fund has given 18.1 per cent annualised return since its launch in January 2013.
Franklin India Flexi Cap Fund Direct-Growth
The fund has 95.55 per cent of its investments in equity. In a 52-stock portfolio, the fund has ICICI Bank, HDFC Bank, Infosys, and Bharti Airtel Ltd as the main holdings.
A Rs 20,000 monthly SIP in the fund has given Rs 24.03 lakh in 5 years.
Edelweiss Flexi Cap Fund Direct-Growth
The fund has given 27.47 per cent annualised SIP return in 5 years. The fund has an asset base of Rs 2,248 crore, while its NAV price is Rs 42.39. Benchmarked against NIFTY 500 TRI, the fund has given 16.35 per cent annualised return since its launch in January 2015.
Edelweiss Flexi Cap Fund Direct-Growth
The fund's 99 per cent investments are in equity. In its 74-stock portfolio, the fund has HDFC Bank, Infosys, ICICI Bank, and Larsen & Toubro as the main holdings.
A Rs 20,000 monthly SIP investment in the fund has converted into Rs 23.62 lakh in 5 years.
Parag Parikh Flexi Cap Fund Direct-Growth
The fund has given 26.79 per cent annualised SIP return in the 5-year period. The fund's AUM is Rs 75,956 crore, while its NAV rate is Rs 83.1. Benchmarked against NIFTY 500 TRI, the fund has given 20.76 per cent annualised returns since its launch in May 2013. The fund's 83.90 per cent investments are in equity and 15.33 per cent in debt.
Parag Parikh Flexi Cap Fund Direct-Growth
In a 50-stock portfolio, the fund has HDFC Bank, Power Grid, Bajaj Holdings & Investments, and ITC as the main holdings.
A Rs 20,000 monthly SIP in the fund has given Rs 23.22 lakh in 5 years.
HSBC Flexi Cap Fund Direct-Growth
The fund has given 26.17 per cent annualised SIP return in the 5-year time frame. It has an asset base of Rs 4,982 crore, while its NAV is Rs 233.13. Benchmarked against NIFTY 500 TRI, the fund has given 16.76 per cent annualised returns since its inception in January 2013.
HSBC Flexi Cap Fund Direct-Growth
The fund has 98.95 per cent of its investments in equity. In its 85-stock portfolio, the fund has HDFC Bank, ICICI Bank, Infosys, and RIL as the main stocks.
A Rs 20,000 monthly SIP in the fund has grown to Rs 22.90 lakh in 5 years.