Top 7 flexi cap mutual funds with best SIP returns in 10 years: No. 1 fund has converted Rs 15,000 monthly SIP into Rs 73.43 lakh
Top 7 flexi cap mutual funds with best SIP returns in 10 years: The flexi cap mutual fund category has given 40.94 per cent annualised return in 1 year, 18.84 per cent in 3 years, 20.96 per cent in 5 years, and 14.68 per cent in 10 years, as per Value Research data as on August 28, 2024.
Top 7 flexi cap mutual funds with best SIP returns in 10 years: In flexi cap mutual funds, a mutual fund manager can invest in large, mid, and small cap stocks in any proportion. As per Securities Exchange Board of India (Sebi), flexi cap mutual funds need to invest 65 per cent of their money in equity. The advantage of flexi cap investing is that the fund manager can invest in the company of any market capitlisation. So, if the small cap stocks are not performing well, they will shift investments to large cap and mid cap. If large cap and mid cap stocks are not performing up to the mark, the fund manager can lean on small cap stocks. The flexi cap mutual fund category has given 40.94 per cent annualised return in 1 year, 18.84 per cent in 3 years, 20.96 per cent in 5 years, and 14.68 per cent in 10 years, as per Value Research data as on August 28, 2024. In this write-up, get to know about the top 7 flexi cap mutual funds on the basis of annualised SIP returns in 10 years. We will also tell how the Rs 21,000 monthly SIP in each fund has turned into in 10 years.
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Quant Flexi Cap Fund - Direct Plan
The fund has given 26.51 per cent annualised SIP returns in 10 years. It has assets under management (AUM) of Rs 7,436 crore, while its net asset value (NAV) is Rs 119.6816.
Quant Flexi Cap Fund - Direct Plan
Benchmarked against NIFTY 500 TRI, the fund has given 21.91 per cent annualised return (CAGR) since its inception in January 2013.
A Rs 15,000 monthly SIP in the fund in 10 years, or a total investment of Rs 18 lakh, has turned into Rs 73,42,601.
JM Flexicap Fund - Direct Plan
The fund has given 23.95 per cent annualised SIP returns in 10 years. It has an asset base of Rs 3,855 crore, while its NAV is Rs 121.7387.
JM Flexicap Fund - Direct Plan
Benchmarked against BSE 500 TRI, the fund has given 20.47 per cent annualised return since its inception in January 2013.
A Rs 15,000 monthly SIP in the fund has turned into Rs 63,93,054 in 10 years.
Parag Parikh Flexi Cap Fund - Direct Plan
The fund has had 21.85 per cent annualised SIP returns in the 10-year time frame. It has AUM of Rs 75,956 crore, while its NAV is Rs 85.5251.
Parag Parikh Flexi Cap Fund - Direct Plan
Benchmarked against Nifty 500 TRI, the fund has given 21.03 per cent annualised returns since its inception in May 2013.
A Rs 15,000 monthly SIP in the fund has grown to Rs 57,04,763 in the 10-year period.
ICICI Prudential Focused Equity Fund - Direct Plan
The fund has given 20.83 per cent annualised SIP return in the 10 years. Its AUM is Rs 9,745 crore, while its NAV is Rs 100.7700.
ICICI Prudential Focused Equity Fund - Direct Plan
Benchmarked against BSE 500 TRI, the fund has given 17.55 per cent annualised return since its launch in January 2013.
A Rs 15,000 monthly SIP in the fund has converted into Rs 54,00,806 in the 10-year time frame.
HDFC Flexi Cap Fund - Direct Plan
The fund has had 20.67 per cent annualised SIP returns in the 10-year period. It has an asset base of Rs 61,572 crore, while its NAV is Rs 2,042.5700.
HDFC Flexi Cap Fund - Direct Plan
Benchmarked against Nifty 500 TRI, the fund has given 17.98 per cent annualised return since its inception in January 2013.
A Rs 15,000 monthly SIP in the fund is worth Rs 53,53,211 in 10 years.
Franklin India Flexi Cap Fund - Direct Plan
The fund has given 19.72 per cent annualised SIP returns in the 10 years. It has AUM of Rs 17,417 crore, while its NAV is Rs 1,822.7775.
Franklin India Flexi Cap Fund - Direct Plan
Benchmarked against Nifty 500 TRI, the fund has given 18.42 per cent annualised return since its launch in January 2013.
A Rs 15,000 monthly SIP in the fund has grown into Rs 50,84,809 in the 10-year period.
DSP Flexi Cap Fund - Direct Plan
The fund has had 19.14 per cent annualised SIP returns in the 10-year period. It has an asset base of Rs 11,879 crore, while its NAV is Rs 114.6340.
DSP Flexi Cap Fund - Direct Plan
Benchmarked against Nifty 500 TRI, the fund has given 17.10 per cent annualised return since its inception in January 2013.
A Rs 15,000 monthly SIP in the fund has turned into Rs 49,28,422 in the 10-year time frame.