Top 7 Flexi Cap Mutual Funds With Highest Annualised SIP Returns in 10 Years: Rs 11,000 monthly SIP in No. 1 fund has converted into Rs 61.53 lakh
Top 7 Flexi Cap Mutual Funds With Best SIP Returns in 10 Years: In a flexi cap mutual fund, the fund manager can invest in businesses without any market capitlisation. The advantage of this condition is that the fund manager can shift funds from a non-performing cap to a performing one. It gives investors access to all 3 caps (small-, mid-, and large) without making separate investments in each of them.
Top 7 Flexi Cap Mutual Funds With Best SIP Returns in 10 Years: When we talk about a diversified mutual fund portfolio, investors have large cap, mid cap, and small cap funds in their portfolio. According to their risk appetite and financial goals, they allocate their investment to all three categories. But if we talk about a category where they can invest in 3 of them simultaneously, the cap mutual fund category stands out. In a flexi cap mutual fund, the fund manager can invest in businesses without any market capitlisation. The advantage of this condition is that the fund manager can shift funds from a non-performing cap to a performing one. It gives investors access to all 3 caps (small-, mid-, and large) without making separate investments in each of them, and the fund manager's freedom to shift funds from a non-performing cap to performing makes their job easy. As per Securities Exchange Board of India (Sebi), flexi cap mutual funds need to have at least 65 per cent of their investments in equity. It means they can also have decent debt exposure to counter market fluctuations. In this category, we take you through the top 7 flexi cap mutual funds with the highest SIP returns (XIRR) in the 10-year period. Also, know how a Rs 11,000 monthly SIP in each of them has performed in the last decade. (Data Source: Value Research)
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Quant Flexi Cap Fund - Direct Plan
The fund has given 26.04 per cent annualised SIP returns in the 10-year period.
It has asset under management (AUM) of Rs 7,710 crore, while its net asset value (NAV) is Rs 121.8989.
Benchmarked against NIFTY 500 TRI, the fund has given 21.90 per cent annualised returns since its debut in January 2013.
Quant Flexi Cap Fund - Direct Plan
With an expense ratio of 0.59 per cent, the fund has Rs 1,000 as the minimum SIP and Rs 5,000 as the minimum lump sum investment.
A Rs 11,000 monthly SIP in the fund in 10 years, or a total investment of Rs 13,20,000, has swelled to Rs 61,52,284.
JM Flexicap Fund - Direct Plan
The fund has given 23.79 per cent annualised SIP returns in 10 years.
It has AUM of Rs 4,228 crore, while its NAV is Rs 122.9890.
Benchmarked against BSE 500 TRI, the fund has given 20.40 per cent annualised returns since its inception in January 2013.
JM Flexicap Fund - Direct Plan
At an expense ratio of 0.41 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 11,000 monthly SIP in the fund has jumped to Rs 46,47,421 in the 10-year time frame.
Parag Parikh Flexi Cap Fund - Direct Plan
The fund has given 22.19 per cent annualised SIP returns in the 10-year time frame.
It has an asset base of Rs 78,490 crore, while its unit price is Rs 88.6465.
Benchmarked against NIFTY 500 TRI, the fund has given 21.19 per cent annualised returns since its launch in May 2013.
Parag Parikh Flexi Cap Fund - Direct Plan
With 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 11,000 monthly SIP in the fund has converted into Rs 42,62,206 in the 10-year period.
ICICI Prudential Focused Equity Fund - Direct Plan
The fund has given 21.18 per cent annualised SIP returns in 10 years.
Its AUM is Rs 10,093 crore, while its unit price is Rs 104.2400.
Benchmarked against BSE 500 TRI, the fund has given 17.74 per cent annualised returns since its beginning in January 2013.
ICICI Prudential Focused Equity Fund - Direct Plan
At an expense ratio of 0.56 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,000 monthly SIP in the scheme has grown to Rs 40,34,751 in 10 years.
HDFC Flexi Cap Fund - Direct Plan
The fund has given 21.1 per cent annualised SIP returns in the 10-year period.
It has an asset base of Rs 63,436 crore, while its NAV is Rs 2,123.9910.
Benchmarked against NIFTY 500 TRI, the fund has given 18.22 per cent annualised returns since its debut in January 2013.
HDFC Flexi Cap Fund - Direct Plan
With an expense ratio of 0.76 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 11,000 monthly SIP in the fund is now worth Rs 40,18,302 in the 10-year time frame.
HDFC Focused 30 Fund - Direct Plan
The fund has given 20.5 per cent annualised SIP returns in the 10-year time frame.
It has AUM of Rs 14,330 crore, while its unit price is Rs 253.4850.
Benchmarked against Nifty 500 TRI, the fund has given 16.93 per cent annualised returns since its starting in January 2013.
HDFC Focused 30 Fund - Direct Plan
At an expense ratio of 0.50 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 11,000 monthly SIP in the fund has swelled to Rs 38,90,138 in the 10 years.
Franklin India Flexi Cap Fund - Direct Plan
The fund has given 19.85 per cent annualised SIP returns in 10 years.
Its AUM is Rs 17,843 crore, while its unit NAV is Rs 1,869.3407.
Benchmarked against Nifty 500 TRI, the fund has given 18.52 per cent annualised returns since its launch in January 2013.
Franklin India Flexi Cap Fund - Direct Plan
With an expense ratio of 0.95 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,000 monthly SIP in the fund has converted into Rs 37,56,255 in the 10-year period.