Top 7 Flexi Cap Mutual Funds With Best SIP Returns in 5 Years: Rs 15,000 monthly SIP investment in No. 1 scheme has jumped to Rs 19,07,364
Top 7 flexi cap mutual funds with highest SIP returns in 5 years: Even as BSE Sensex and Nifty 50 have been going through fluctuations in the recent past, investors are flocking to invest in flexi cap mutual funds. These funds invest in large, mid, and small cap stocks, and this puts them in a unique position to extract the maximum output from any of these performing cap.
Top 7 flexi cap mutual funds with highest SIP returns in 5 years: When Association of Mutual Funds in India (AMFI) released their data for October, it showed that flexi cap mutual funds saw Rs 5,181 crore inflow compared to Rs 3,215 crore inflows in September. This shows the rising faith of investors in flexi cap mutual funds amid a turbulent market. The reason behind this is the unique combination of flexi cap mutual funds. These funds need to have at least 65 per cent of their investments in equity. More than that, the fund manager can invest in large, mid, and small cap firms of any market capitalisation and in any ratio. So, if large cap stocks are not performing, the manager can sell them and purchase more mid and small, and vice versa. The category has given 28.41 per cent annualised return (CAGR) in 1 year, 12.71 per cent in 3 years, 17.54 per cent in 5 years, and 13.20 per cent in 10 years. In this write-up, know about the top 7 flexi cap mutual funds with highest annualised SIP returns (XIRR) in 5 years and how a Rs 15,000 monthly SIP in each of them has given in that time frame.
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JM Flexicap Fund - Direct Plan
The fund has given 30.58 per cent annualised SIP returns in the 5-year time frame.
It has assets under management (AUM) of Rs 4,722 crore, while its net asset value (NAV) is Rs 112.6282.
Benchmarked against BSE 500 TRI, the fund given 19.29 per cent annualised returns since its debut in January 2013.